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Strat's PASR Long Term, Stress Free Trading

  • #9,361
  • Dec 19, 2018 1:00am Dec 19, 2018 1:00am
Dear all,

I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment.
I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year.

I would like to take the opportunity to wish you and your families merry Christmas and happy holidays.

Take care and see you next year with all our might!
Greetings, Markus.
  • #9,362
  • Dec 19, 2018 1:17am Dec 19, 2018 1:17am
Quoting HappyTrend
{quote} Yes, i was thinking on that or wait 1hr... im going start using limits orders at the top or at the bottom with some gap (depends on the setup) of the worker candle.... (I dont know if doing both things.. if the first hour doesnt fill my limit order... im going to entry normally) Thank you Rub.
What I do is enter at market if I'm entering from a four hour candle, or a pending order from the daily chart. You've got to work out what works for you though.
  • #9,363
  • Dec 19, 2018 2:17am Dec 19, 2018 2:17am
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
Sorry to hear about your lost Markus, take care and Merry Christmas to you too.

Warm Regards,
Wayne.
  • #9,364
  • Dec 19, 2018 2:22am Dec 19, 2018 2:22am
Quoting Rub
{quote} Use a pending order like strat says in the old thread, or pick the option that works for you. {quote} Don't trade the CHF! Manipulated heavily. Having said that, I wouldn't take that trade unless I could get a better risk:reward, but I also wouldn't trade the GBP right now with the Brexit stuff going on. {quote} That doesn't look quite right to me, have a look at my chart. I have drawn a high and low of a level above and below price. I'm only really interested in the nearest ones. {image} {image} {image}
Hi Rub,

Thank you for your advice on my SR lines. After looking at yours I decided to have another go on GBPNZD. My SR lines are fine tuned from BB to B.

BB
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B
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Best regards,
Wayne
  • #9,365
  • Dec 19, 2018 2:52am Dec 19, 2018 2:52am
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
Sorry to hear Malu. You take care of those closest and I hope you still find time to enjoy the holiday season.
  • #9,366
  • Dec 19, 2018 3:10am Dec 19, 2018 3:10am
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
My deep condolences to you and your family, Malu.

Igor
  • #9,367
  • Dec 19, 2018 9:07am Dec 19, 2018 9:07am
Quoting pippoacher
{quote} No No, the pokerman is still here, I just dont post, and am working through the old thread again, until its instinctual. I post the shooting star on the weekly and my entry on the 4h, which was a sore sore thumb. My TP were 50 pips apart and tp three was less than tp 2. The range of this pair is slower than hand shuffle black jack but it was a sore sore thumb.... I am on the 4h because working with charts is actually part of my job now ( legal compliance at a Forex broker) , so it not that I live to trade but because it makes reasonable...
I am on the 4h because working with charts is actually part of my job now ( legal compliance at a Forex broker)

Isn't this a Conflict of Interest?
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,368
  • Dec 19, 2018 9:12am Dec 19, 2018 9:12am
Quoting darko2010
Happy holidays everyone, 2018 was an incredible personal journey and, despite my many bruises along the way, I look forward to 2019. I made great comrades, found a benevolent mentor and I learned a lot about myself, even what I didn't want to learn and had to accept. I have a better sense of market structure, the power of time frames, etc, but the bigger lesson I learned is humility, and I need to keep learning that one for the months and years to come. Don't mistake luck and good fortune for skill Don't think you have it figured out, ever, and...
Thank you Arno. Merry Christmas and Happy New Year to you too.

I hope that I will still be able to pay my plane ticket to California and drink beers with you in 2019

Make sure you focus on discipline, patience and trading psychology and you will!
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,369
  • Dec 19, 2018 9:17am Dec 19, 2018 9:17am
PASR THE PATH

Quoting HappyTrend
Hello Strat i have a question. When the worker candle close and i see a opportunity for participate to the market, at that time the spread is very high... You entry anyway or wait maybe 30min for the spread calm down?
Never take a trade when the Spread is greater than normal - this reduces our odds for success.

If it is obvious the Worker candle is going to CLOSE with strong PASR, I enter just before the candle CLOSE on normal Spread. All other times, I WAIT for the Spread to return to normal.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,370
  • Dec 19, 2018 9:35am Dec 19, 2018 9:35am
Quoting strat
PASR THE PATH {quote} Never take a trade when the Spread is greater than normal - this reduces our odds for success. If it is obvious the Worker candle is going to CLOSE with strong PASR, I enter just before the candle CLOSE on normal Spread. All other times, I WAIT for the Spread to return to normal.
Thank you.
  • #9,371
  • Dec 19, 2018 10:03am Dec 19, 2018 10:03am
PASR THE PATH

Quoting tommyFL
AUDUSD - stuck on support, price rose again after gapping up but got rejected for the second day in a row. CADJPY - I thought was a risky sell inside a consolidating price, but it did move down to the next support at 83.38ish today. Still I wouldn't take it. GBPCHF - BB in a downtrend, the September candle looks like a shooting star to me, with confirmation in October (but does the HH in October violate the signal?). Boss candle last week looks like a hammer with a bit of a wick, the price tested under the current support level at 1.254ish. On the...
Take note of the valuable comments from Rub - Trader helping traders.

As Rub says, we do not trade CHF pairs. The reasons for this are probably further along the thread than where you are at now BUT, by all means, use them for practice and for building your "thousands of hours reviewing PASR on thousands of charts".

GBPCHF:

Big Boss:

the September candle looks like a shooting star to me,

The candle you identified with your arrow is October not September.

but does the HH in October violate the signal?

You must go back and study our PASR candles especially Shooting Stars and Hammers. I did recent posts on them in this thread.

With regard to ""violation"", any candle is still valid and in control UNTIL there is a CLOSE beyond its high or low.

We don't trade the Big Boss and instead use it for our Bird's Eye view from 50,000 feet to understand the strategy of the Big Boys.

Boss:

Boss candle last week looks like a hammer with a bit of a wick

That Boss candle is more like a dragonfly doji than a Hammer and while it tells us the same story at this PRICE level, we need to wait for PASR to confirm it.

Worker:

On the worker I don't see any recent signal bars I like - the bar of the 14th is engulfing but only just;

Not on my chart

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that makes me think me the only safe sell-stop at this level would be below those September bars

The sell potential is about 164 pips from where PRICE is now. The current Boss Swing is 800 pips so any sell here would be for the "crumbs" making it very low probability. More than anything though, the Big Boss and Boss is telling us this pair is done selling leaving PRICE to drift at the mercy of retail traders.

You have a good general idea of PASR but you are only on the first step of THE PATH so keep going back and re-reading it.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,372
  • Edited Dec 20, 2018 9:04am Dec 19, 2018 10:21am | Edited Dec 20, 2018 9:04am
PASR THE PATH

Quoting WayneJay
Hi guys, I've been reading the threads for long enough till now that I decided to post something here. So I've always been unsure about my SR lines (whether they're too cluttered or maybe too little lines there) and is hoping that someone here would guide me on that. So here goes: Big boss {image} Boss {image} W {image} Please do feel free to comment on them. I would definitely appreciate it! Thank you. Best regards, W
A PASR Lurker in from the cold and dark - welcome!

So I've always been unsure about my SR lines (whether they're too cluttered or maybe too little lines there)

Rub has helped you with this - Trader helping traders

The first thing you have to do is identify SR, on each of our time frames, where PRICE changes sentiment (direction). When you are practicing it doesn't matter how many lines you have. What is important is recognising that change. If at first you can't SEE it, change to a line chart and do it and then switch back to candles to see how it looks. When you feel comfortable with that, remove those lines which are "noise" within the Swing on each time frame. Keep doing this over and over until you can do it without thinking.

When you start trading and, as Rub has already told you, you only need SR above where PRICE is NOW.

Finally, although PASR uses lines for SR, the Market does not. The Market uses a zone or area around our lines; the reason for this I explained in my old original 2009 thread.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,373
  • Dec 19, 2018 10:29am Dec 19, 2018 10:29am
Quoting HappyTrend
{quote} Yes, i was thinking on that or wait 1hr... im going start using limits orders at the top or at the bottom with some gap (depends on the setup) of the worker candle.... (I dont know if doing both things.. if the first hour doesnt fill my limit order... im going to entry normally) Thank you Rub.
im going start using limits orders at the top or at the bottom with some gap (depends on the setup) of the worker candle.

I will save you the PAIN - just send me your money!
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,374
  • Edited Dec 20, 2018 9:04am Dec 19, 2018 10:32am | Edited Dec 20, 2018 9:04am
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
Hi Markus, I am deeply sorry for your loss especially at this time of the year.

I am glad you are taking my philosophy in life that ""Health and Family"" come first above everything else - after that, nothing else is important.

Merry Christmas and Happy New Year to you too and no need to hurry back as the Markets are already crap.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,375
  • Dec 19, 2018 12:49pm Dec 19, 2018 12:49pm
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
My deep condolence.........
Time always comes before price
  • #9,376
  • Dec 19, 2018 1:07pm Dec 19, 2018 1:07pm
EURUSD M5

41 pips in a couple of minutes thanks to FOMC

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15 YEARS OF PASR ON FOREX FACTORY!
  • #9,377
  • Dec 19, 2018 1:08pm Dec 19, 2018 1:08pm
Quoting Malu
Dear all, I did not post in the last days as I head a death in my closest family circle. So, obviously I am not free for trading and that is not important at the moment. I will sort my business here first and I am sure that I am back not later than the end of the year/beginning of next year. I would like to take the opportunity to wish you and your families merry Christmas and happy holidays. Take care and see you next year with all our might! Greetings, Markus.
A Big Hug... Just remember, He/She is now in a better place...

Imagine that in the Heaven (The Heaven of the God that you believe..) exist something in there for trade the Heaven Markets in that place! (I hope you smile, take care.)
  • #9,378
  • Dec 19, 2018 1:26pm Dec 19, 2018 1:26pm
Quoting Malu
.
My deep condolences to you Malu .... I am sorry to hear that !
There is Light at the End of the Tunnel.
  • #9,379
  • Dec 19, 2018 1:29pm Dec 19, 2018 1:29pm
EURAUD M5 PASR Trend Trading

Made up for the lack of M5 PASR Trend Trading opportunities this Monday and Tuesday

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Did you get your 50 pips Yomi or are you too busy changing nappies (diapers for USA)?
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,380
  • Dec 19, 2018 3:37pm Dec 19, 2018 3:37pm
Hey Strat,

If you happen to be checking on who is following other threads, I thought I would let you know that while trying to get on your thread and was on a few other programs at the same time. When I clicked it so happens I got to another thread, immediately closed it and sent this note to let you know that I am not thread hopping.

Regards
Terry
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