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Strat's PASR Long Term, Stress Free Trading

  • #8,781
  • Nov 16, 2018 11:22am Nov 16, 2018 11:22am
NZDCAD

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15 YEARS OF PASR ON FOREX FACTORY!
  • #8,782
  • Nov 16, 2018 11:25am Nov 16, 2018 11:25am
USDJPY

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15 YEARS OF PASR ON FOREX FACTORY!
  • #8,783
  • Nov 16, 2018 11:33am Nov 16, 2018 11:33am
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 12:08pm Nov 16, 2018 12:08pm
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 5:02pm Nov 16, 2018 2:24pm | Edited 5:02pm
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 8:07pm Nov 16, 2018 8:07pm
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.

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  • #8,787
  • Nov 16, 2018 8:28pm Nov 16, 2018 8:28pm
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 7:02am Nov 17, 2018 7:02am
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 7:08am Nov 17, 2018 7:08am
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 8:39am Nov 17, 2018 8:39am
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 10:10am Nov 17, 2018 10:10am
Quoting strat
AUDUSD {quote} Sorry, I don't understand, please show on a chart.
In M240 buying and Worker doing his Swing High.

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

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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 2:46pm Nov 17, 2018 2:46pm
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 2:48pm Nov 17, 2018 2:48pm
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 5:57am Nov 18, 2018 5:57am
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 2:50pm Nov 18, 2018 2:50pm
Hello Strat
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  • #8,796
  • Nov 18, 2018 3:47pm Nov 18, 2018 3:47pm
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.

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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 6:11pm Nov 18, 2018 6:11pm
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.

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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.

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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 7:54pm Nov 18, 2018 7:44pm | Edited 7:54pm
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 8:24pm Nov 18, 2018 8:24pm
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 8:52pm Nov 18, 2018 8:52pm
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.

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Illegitimi non carborundum - Noli pati a scelestis opprimi.
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