correcting myself
"pls tell me if I understand correct the PASR because this is very important to me:"
I meant trend trading PASR, price was in pullbac to the support in uptrend.
Regards
Igor
Strat's PASR Long Term, Stress Free Trading
- #8,742
- Nov 15, 2018 11:38am Nov 15, 2018 11:38am
Anyone trade USOIL? I just check this "FAT CITY". BOSS {image} Worker {image} 240m {image} I think this Chart doesnt need any explanation for take that Trade....
what happened whit this, Is anyone scaring the gas pipeline in the USA?
- #8,747
- Edited 2:10pm Nov 15, 2018 1:35pm | Edited 2:10pm
- | Joined Apr 2017 | Status: Trader | 511 Posts
Hi Strat (and all), Today's trade.. USDJPY Weekly PRICE at historical swing high showing some reaction. {image} Daily two doji's proceeded by bearish bar indicating sellers. {image} H4 BEEB shows.. sellers in action {image} H1 PRICE crossed the H1 trading range and showing resistance to 200 and lower level of the range. Entered two positions {image} And then I droped down to M15 and tried to sell every pull back {image} couldn't hold on to this trade any longer (as my little people wanted some thing). so pulled the plug. On to next trade Any comments...
You got some pips so well done! However.....
Look at your entries, they are all close together (within about 13 pips). We're you trading the trend or were you trading pull backs to support (worker)and increasing your risk without knowing?
This might be your style and I only mention it from my own experiences when the little people take hold because my 1st entry didn't run, and then the 2nd oh.. and then the 3rd. Little people might say, it's going south so try again.... you'll be right this time.... go on just one more...
And then "see we told you so, we the little people were right all along, trust us again tomorrow or the next trade..."
We all know what is going to happen next time..
Real trading at the hard right edge!
Private Msgs are turned off to weirdos, loafs and brain drainers
{quote}{quote}...
Hi Francl,
Welcome to this amazing thread!
There is a candle pattern on the Worker and all time frames below it. Do you SEE it and know what it means?
Could it be something called STRAT SHADOW STRADDLE candle? I saved this post while I was reading the old thread
https://www.forexfactory.com/showthr...89#post6071489
IF IT DOESN'T FEEL RIGHT - IT'S NOT RIGHT!
{quote}...
Hi Eurotrader17
I'm not on my usual PC and was going to look for some old trades to post for you, however look at the old post again and notice the straddle in the direction of the dominant trend plus the other confluences there confirming momentum and probability.
Eurotrader keep looking for these on your charts, I think I posted something awhile back with a structure very much like the one you have spotted.
Be careful because at the end of a long trend it could be a corrective wave. Hopefully it's finding a bottom and turning around and we need to wait for confirmation..
This a chart I found on this old laptop and the structures I study:
See the straddle, the PASR test, the move up, the retest, the move up AND THEN retest as price returns 2 months later.
PS looks like this one has just nodded it's head..
Gotta love PASR
Private Msgs are turned off to weirdos, loafs and brain drainers
- #8,750
- Nov 15, 2018 4:19pm Nov 15, 2018 4:19pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #8,751
- Nov 15, 2018 4:21pm Nov 15, 2018 4:21pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #8,752
- Nov 15, 2018 4:31pm Nov 15, 2018 4:31pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
NZDCAD
No words needed
{quote} Thanks Strat, New trade taken this morning on NZDCAD H1: Nice saw tooth pattern albeit a lot later than I should have entered. I had marked the recent Daily up bar on November 7th and then stopped looking at it since I am looking at all pairs every day and not focusing enough on everyone. Had I taken the H1 entry once that Daily bar high was breached, I would now be in with 80 pips in my account with entry at NY open November 13th. Note to self, pay more attention..........this is a business, not a hobby. At least once I get proficient enough...
15 YEARS OF PASR ON FOREX FACTORY!
- #8,753
- Nov 15, 2018 4:35pm Nov 15, 2018 4:35pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #8,754
- Edited Nov 16, 2018 9:27am Nov 15, 2018 4:51pm | Edited Nov 16, 2018 9:27am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
M1
Been busy today (and the last few months) perfecting and fine tuning my M1 PASR Trading strategy on the crappiest pair I could find: CADCHF
Been busy today (and the last few months) perfecting and fine tuning my M1 PASR Trading strategy on the crappiest pair I could find: CADCHF
15 YEARS OF PASR ON FOREX FACTORY!
- #8,755
- Nov 15, 2018 4:58pm Nov 15, 2018 4:58pm
I promise this is it till i catch up by reading the whole thread (i don't want to clutter this thread any longer) but i must reply to your question and for the life of me i can't workout how to do it in a pm to you.
Those days are gone for me. Indicators "They look so colourful and fancy..... I haven't seen one that gives even the remotest indication of what to expect on the next bar." never been a much truer sentence on FF.
Re Dr Joe "His first action was to throw out all his indicators, forecasts and technical analysis. He told me that there is no analysis, indicator or other program now or in the future, that can analyse or predict human behaviour and specifically, human emotions." Amazing man was this Dr Joe. I wished 10 years ago this light bulb moment hit me. You probably also noticed i haven't been active last 5 years or so, needed that long a break to snap out of charts looking like a Christmas tree. Iv'e only been back days and only due to my Son picking up trading and looking at him is like looking in the mirror at myself and it scares me the rich quick, in his eyes..... I don't want him being fooled and blowing his money, he has a young family. Then something told me refresh my memory check what the latest is on FF...... i came across this thread like heaven sent. Not looking for short cuts though.... hell no been there done that. Just looking for hope some sign of potential which i can pass on to my son hopefully he puts on the breaks momentarily and learns to handle this vehicle before he hits the accelerator again..... Just like when his old man begun..... simply telling him "don't drive you are going to crash into a brick wall and burn" will fall on deaf ears.
Like i said, i will read this whole thread and multiple times, which i have first three pages 3 times as the begining is most important.
Cheerio...... Bill
PASR is Trading naked and its so liberating..... adding just MA's as S/R is like only wearing underwear to keep some modesty.
PASR THE PATH {quote} So, 10 years of thread hopping in and out of indicator and EA Land! How long will you devote to PASR?
Re Dr Joe "His first action was to throw out all his indicators, forecasts and technical analysis. He told me that there is no analysis, indicator or other program now or in the future, that can analyse or predict human behaviour and specifically, human emotions." Amazing man was this Dr Joe. I wished 10 years ago this light bulb moment hit me. You probably also noticed i haven't been active last 5 years or so, needed that long a break to snap out of charts looking like a Christmas tree. Iv'e only been back days and only due to my Son picking up trading and looking at him is like looking in the mirror at myself and it scares me the rich quick, in his eyes..... I don't want him being fooled and blowing his money, he has a young family. Then something told me refresh my memory check what the latest is on FF...... i came across this thread like heaven sent. Not looking for short cuts though.... hell no been there done that. Just looking for hope some sign of potential which i can pass on to my son hopefully he puts on the breaks momentarily and learns to handle this vehicle before he hits the accelerator again..... Just like when his old man begun..... simply telling him "don't drive you are going to crash into a brick wall and burn" will fall on deaf ears.
Like i said, i will read this whole thread and multiple times, which i have first three pages 3 times as the begining is most important.
Cheerio...... Bill
PASR is Trading naked and its so liberating..... adding just MA's as S/R is like only wearing underwear to keep some modesty.
- #8,758
- Edited 6:29pm Nov 15, 2018 6:16pm | Edited 6:29pm
{quote}...
Here is another confirm for you I think.
And here is a peek of what happen at that moment of time. (Though I couldn't show you with MT4 as it don't let me go back to that point of time)
Both old and new thread does not really solely use this as entry. #2929 swiftman use it for confluence with BUEB. I only understand it as a candle crossing Strat Shadow that confirm the strong momentum. There is probably more to it though. I am probably not there to understand it yet, so I don't really asking question about it...
Hi Strat,
I have a question about trading journal though, the one shown on screen shot seems very casual, its not something write before actually making a trade. Did they write what they think about every pairs every day? Or is there certain format that they need to follow? (I think I read it somewhere saying that members from old sites follow a strict format or something)
- #8,759
- Nov 15, 2018 10:01pm Nov 15, 2018 10:01pm
USDJPY M15 {quote} You did good, Suranga
{quote} I like the execution of the trades . nice trading
{quote} Hi Suran You got some pips so well done! However..... Look at your entries,.....
Thank you very much for the advice. I can understand what you saying.
I was trading the trend (in M15) actually. I entered two (little) positions initially to test my entry. But when I see my entry is right and trend develops in M15 I added on.I added on because Strat advised me couple of times before to add on . So I was testing..and learning. I wanted to ride this down all the way until trend come to end,but I had to bank some profits as I needed to build my confidence.
Thanks for advice ,much appreciated.
Suranga
Focus, Patience, Discipline, Determination and Perseverance