Strat's PASR Long Term, Stress Free Trading | Page 440 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MY PASR journey Based on Strat's PASR Trading 76 replies

M5 PASR Trend Trading Strat 95 replies

My PASR Trend Trading Journals 3 replies

A young trader's road to profitability - PASR trading - Live 11 replies

Fibs trading and PASR 0 replies

Attachments: Strat's PASR Long Term, Stress Free Trading
Exit Attachments

Strat's PASR Long Term, Stress Free Trading

  • #8,781
  • Nov 16, 2018 1:22pm Nov 16, 2018 1:22pm
NZDCAD

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 58 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,782
  • Nov 16, 2018 1:25pm Nov 16, 2018 1:25pm
USDJPY

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 60 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,783
  • Nov 16, 2018 1:33pm Nov 16, 2018 1:33pm
PASR THE PATH

Quoting HappyTrend
4 hours Left for Market Close. Taking a look of USDMXN for shorts. USDCHF for Shorts USDJPY for Shorts (Obviously i repeat again, 4 hours left for Market Close.... This can change in 4 hours very easy, is the reason that always wait for candle close.) AUDCAD Still long Open. AUDUSD Still long Open. Well, Again, thank you strat for this knowledge that u found and share to us... "If" only i understand this since the begining hehe but well... One Year One Month since i join in here and only in here. From Tick Charts to This Long Term Trading. *****...
Thank you.

Everything is good except for:

im focus not in money... im focus to my do a good trades and thats all..

If that floats your boat then good for you but it would sink mine.

I am only here to make money - I don't care if the trade is good or bad or right or wrong as long as it makes me money. I can use money to pay bills and have a good time - I don't know how ""good"" would do that.

Thanks again for the appreciation.
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,784
  • Nov 16, 2018 2:08pm Nov 16, 2018 2:08pm
Quoting strat
PASR THE PATH {quote} Thank you. Everything is good except for: im focus not in money... im focus to my do a good trades and thats all.. If that floats your boat then good for you but it would sink mine. I am only here to make money - I don't care if the trade is good or bad or right or wrong as long as it makes me money. I can use money to pay bills and have a good time - I don't know how ""good"" would do that. Thanks again for the appreciation.
I mean, if i make #### pips that is equal in money...

I only want to do a good trades (because doing good trades, closing profitable trades... depending the amount of contracts is the money).

And for sure... all this is for make money. But i dont focus in $$$ at all because that can affect my emotions (greed & revenge). Then i only focus in doing a good trade, good add ons and closing in my target zone... and i know doing that im making money.

Thank you.
  • #8,785
  • Edited 7:02pm Nov 16, 2018 4:24pm | Edited 7:02pm
Quoting strat
AUDUSD {image}

Hello Strat, i have a question.

The First entry can be bellow of Worker (240m Chart) and then you change completely to Worker? Or u can still making add ons in the 4 hour chart?

Thank you.

Edit: I forget to write, my add ons is in 240m Chart... but when i see more sellers than buyers in 240m chart i close all my orders... And if i see that was only a deeper pullback and i see in Worker Chart that is going up and i see an entry in 240m. I start entry with only one contract again and repeat...
  • #8,786
  • Nov 16, 2018 10:07pm Nov 16, 2018 10:07pm
Quoting brian661
{quote} EURNZD Close first position for 180pips, at first target on support and 200EMA and an re-entry for 40pips, exited few candle later as I saw the price is consolidated at H4 and not able to from lower low. (wanted to close half but by mistake closed all, so re-entry) Although it is in profit, I feel upset because I did not follow the PA before I exit. As I am trading on Monthly, Weekly , Daily, I should monitor my trade on Worker (Daily). {image} {image}
As I did not see any good set up in my trade list, I did not trade for the whole last week,
except for a re-entry on EURNZD as I saw the strong trend.
in total with my first position, +~450pips

With the last experience that I am not managing my trading well on Worker.
This time I made my decision only after the candle close.

The price reach my original target and as it is Friday night and 12:00p.m. in my country,
I choose not to be greedy and closed my position.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 59 KB
  • #8,787
  • Nov 16, 2018 10:28pm Nov 16, 2018 10:28pm
Quoting brian661
{quote} As I did not see any good set up in my trade list, I did not trade for the whole last week, except for a re-entry on EURNZD ....

Super trading..thanks for the post
Focus, Patience, Discipline, Determination and Perseverance
  • #8,788
  • Nov 17, 2018 9:02am Nov 17, 2018 9:02am
AUDUSD

Quoting HappyTrend
{quote} Hello Strat, i have a question. The First entry can be bellow of Worker (240m Chart) and then you change completely to Worker? Or u can still making add ons in the 4 hour chart? Thank you. Edit: I forget to write, my add ons is in 240m Chart... but when i see more sellers than buyers in 240m chart i close all my orders... And if i see that was only a deeper pullback and i see in Worker Chart that is going up and i see an entry in 240m. I start entry with only one contract again and repeat...
Sorry, I don't understand, please show on a chart.
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,789
  • Nov 17, 2018 9:08am Nov 17, 2018 9:08am
EURNZD

Quoting brian661
{quote} As I did not see any good set up in my trade list, I did not trade for the whole last week, except for a re-entry on EURNZD as I saw the strong trend. in total with my first position, +~450pips With the last experience that I am not managing my trading well on Worker. This time I made my decision only after the candle close. The price reach my original target and as it is Friday night and 12:00p.m. in my country, I choose not to be greedy and closed my position. {image} {image}
Well done, Brian

I did not trade for the whole last week,

Remember:

No trade is a good trade

Better to be out of a trade wishing you were in than being in a trade wishing you were out

This time I made my decision only after the candle close.

Are you sure you are on THE PATH?

PASR strategy is only with CLOSED candles
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,790
  • Nov 17, 2018 10:39am Nov 17, 2018 10:39am
Quoting strat
EURNZD {quote} Well done, Brian I did not trade for the whole last week, Remember: No trade is a good trade Better to be out of a trade wishing you were in than being in a trade wishing you were out This time I made my decision only after the candle close. Are you sure you are on THE PATH? PASR strategy is only with CLOSED candles
Sorry, I mean the "Worker" candle close.
As on my last trade, even as I made my analysis on Monthly/Weekly/Daily, but I closed my trade based on H4.
So this time, I am managing on Daily candle.
  • #8,791
  • Nov 17, 2018 12:10pm Nov 17, 2018 12:10pm
Quoting strat
AUDUSD {quote} Sorry, I don't understand, please show on a chart.
In M240 buying and Worker doing his Swing High.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.png Size: 83 KB


In 1440m, When Worker start to pullback (Swing for the HL)...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd2.png Size: 56 KB


I see in M240 make a new lower low. And close Long Positions.

(My question is, If im not looking M240... i dont need to close any positions... but im looking M240 and break a HL, making a Lower Low... (Sellers arrive, then i close it)

But then i see in M240 Confirmed Swing, doing his PullBack to the Lower High as the same time Worker was working out for his Higher Low. In that moment i entry again for Long following the Worker plus the Complete Swing in m240.

***********

My question is. You entry in M240 the first trade, and then you focus only in Worker for add a position? Or still looking M240 for add positions?
  • #8,792
  • Nov 17, 2018 4:46pm Nov 17, 2018 4:46pm
Quoting HappyTrend
{quote} My question is. You entry in M240 the first trade, and then you focus only in Worker for add a position? Or still looking M240 for add positions?
I will use both for add-ons

I can't get my eyes on every 4hr candle, but can see the daily every day. Which ever one is yelling "Trade Here" I trade. I am looking for any trade to get me into the trend.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #8,793
  • Nov 17, 2018 4:48pm Nov 17, 2018 4:48pm
Quoting Rufus
{quote} I will use both for add-ons I can't get my eyes on every 4hr candle, but can see the daily every day. Which ever one is yelling "Trade Here" I trade. I am looking for any trade to get me into the trend.
Most of time i can see every 4hrs candle (only i miss the candle at midnight and i see the next candle 15min after it close...)

And yes im using both too.

Thank you Rufus for ur reply.
  • #8,794
  • Nov 18, 2018 7:57am Nov 18, 2018 7:57am
Quoting strat
USDJPY {image}
Hi Strat,

Regarding to the third line below the price, as much as I understand it was used ""recently"" around 2017 a couple times, and also an important level on 2005 & 2006, is there any other specific reason that you leave it on your chart? As potential support right below strong resistance?
  • #8,795
  • Nov 18, 2018 4:50pm Nov 18, 2018 4:50pm
Hello Strat
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSD 1.JPG Size: 725 KB
Click to Enlarge Name: nzdusd 2.jpg Size: 524 KB
Click to Enlarge Name: nzdusd3.jpg Size: 595 KB
  • #8,796
  • Nov 18, 2018 5:47pm Nov 18, 2018 5:47pm
Quoting strat
USDJPY {image}
USDJPY

I must admit, I still struggle on the daily timeframe. I have so many contradicting thoughts, see something different every time I look at the chart. If I see a 5M chart for trend trading - I am way more confident. If I try to do the long term stuff - TROUBLE.

My thoughts and struggle on this one:
BB: Price was rejected a couple of times at level 114.625ish. BB in an uptrend. Immediate trend is down.
B: Lower swing high is confirmed - immediate trend is down. BEOB.
W: Big Bearish bar, but not a price action/setup bar. The candles before the big bearish bar show strong support of Strat Shadow. Price now "trapped" inside Strat Shadow.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Daily.png Size: 75 KB


WCC is active (the one from 7th Oct 2018). This tells me that we could trade from WCC Resistance down to WCC Support. But not a great RR. No trade for me.

Struggles:
- how important is the BEOB on the Weekly? Should I consider it that much to just "pull the trigger" when PA on daily shows a nice setup bar to sell?
- Strat Shadow on all timeframes green, only Daily price is inside the Strat Shadow. Green means uptrend. My analysis from above: points down. WHAT?!

I guess I have read too much, mix and match everything. Master of None.
Accept the risk!
  • #8,797
  • Nov 18, 2018 8:11pm Nov 18, 2018 8:11pm
Quoting Scrumy
{quote} USDJPY I must admit, I still struggle on the daily timeframe. I have so many contradicting thoughts, see something different every time I look at the chart. If I see a 5M chart for trend trading - I am way more confident. If I try to do the long term stuff - TROUBLE. My thoughts and struggle on this one: BB: Price was rejected a couple of times at level 114.625ish. BB in an uptrend. Immediate trend is down. B: Lower swing high is confirmed - immediate trend is down. BEOB. W: Big Bearish bar, but not a price action/setup bar. The candles...
Hi Scrumy

Remember a chart is just a chart, regardless of the time frame.

Also, on my charts the weekly candle on 10/21 closed below the low of the 10/7 candle. So I got rid of the WCC lines to simplify things.

Attached Image (click to enlarge)
Click to Enlarge Name: Scrumy.png Size: 103 KB


Also. Just because it is a chart, it does not mean you have to trade it. Take the trades that are yelling at you.

As for the USDJPY. I see it as a massive range within another massive range.

Attached Image (click to enlarge)
Click to Enlarge Name: scrumyUSDJPYWeekly.png Size: 78 KB


As for this minute. I am in a wait and see mode on this pair. Potential support is approaching.

It seems also that every pair has been influenced by the whole Brexit thing.

Had a bunch of other stuff here but deleted it all, couldn't get my thoughts down clearly. Requires some thought.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #8,798
  • Edited 9:54pm Nov 18, 2018 9:44pm | Edited 9:54pm
Good morning Strat and All the loving Friends and fellow traders here........

I'm happy to inform you of a new born baby.......a beautiful girl, our loving God has blessed me with on Sunday morning.

This is the reason I haven't been posting for a while, because I haven't been able to have the time to catch the loving TREND on the M5/M15 TF's hence trying to check it up on the H1/H4 TF's for the time being.

Happy Trading and wish you All Green pips,
Yomi.
Time always comes before price
  • #8,799
  • Nov 18, 2018 10:24pm Nov 18, 2018 10:24pm
Quoting fxrabbi
Good morning Strat and All the loving Friends and fellow traders here........ I'm happy to inform you of a new born baby.......a beautiful girl, our loving God has blessed me with on Sunday morning. This is the reason I haven't been posting for a while, because I haven't been able to have the time to catch the loving TREND on the M5/M15 TF's hence trying to check it up on the H1/H4 TF's for the time being. Happy Trading and wish you All Green pips, Yomi.
Nice! I hope next year i can write something like this , Congrats!
  • #8,800
  • Nov 18, 2018 10:52pm Nov 18, 2018 10:52pm
Quoting fxrabbi
Good morning Strat and All the loving Friends and fellow traders here........ I'm happy to inform you of a new born baby.......a beautiful girl, our loving God has blessed me with on Sunday morning. This is the reason I haven't been posting for a while, because I haven't been able to have the time to catch the loving TREND on the M5/M15 TF's hence trying to check it up on the H1/H4 TF's for the time being. Happy Trading and wish you All Green pips, Yomi.

So happy for you.

Attached Image
Illegitimi non carborundum - Noli pati a scelestis opprimi.
14 traders viewing now