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Strat's PASR Long Term, Stress Free Trading

  • #9,541
  • Jan 3, 2019 12:10pm Jan 3, 2019 12:10pm
Quoting BeyondTheSea
Seems like some us we're on the right side of bed last night... AUDCAD 1st position filled at 270 pips and guess who forgot to put a TP on his 2nd entry before bed....? Not that i expected this to get there in 5 minutes mind! Watching this 2nd entry and will probably bring it to BE today. {image} Edit Sorry I should've posted this 4HR chart for the 1st entry..(I don't draw trendlines on my charts to trade only to highlight the entry and my thinking at the time) {image}
1st position filled at 270 pips and guess who forgot to put a TP on his 2nd entry before bed....?

That would not have happened had you taken my advice, Nathan. Onwards and forward!
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,542
  • Jan 3, 2019 12:16pm Jan 3, 2019 12:16pm
Quoting HappyTrend
{quote} All thanks to you..
Afraid NOT old chap! It is ALL down to YOU learning, understanding and APPLYING PASR.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,543
  • Jan 3, 2019 12:23pm Jan 3, 2019 12:23pm
Quoting BeyondTheSea
Seems like some us we're on the right side of bed last night... AUDCAD 1st position filled at 270 pips and guess who forgot to put a TP on his 2nd entry before bed....? Not that i expected this to get there in 5 minutes mind! Watching this 2nd entry and will probably bring it to BE today. {image} Edit Sorry I should've posted this 4HR chart for the 1st entry..(I don't draw trendlines on my charts to trade only to highlight the entry and my thinking at the time) {image}
In most Trading Platform, exist ways for set your SL and TP automatically...

I dont know what Platform are u using, but if u are using MT4 (the most use platform), i remember in the past when i was using MT4 exist EAs that you can set your SL and TP.

For example: When you see a set up and u entry, the EA automatically is going to send Takeprofit and Stoploss. And you only have to move the targets to the zone where has to be. In my Platform, always i use 100SL 100TP but is only for have space for move my targets in that moment very easy and without forgeting hehe.
  • #9,544
  • Jan 3, 2019 1:46pm Jan 3, 2019 1:46pm
Quoting tommyFL
{quote} Thanks - what made you take the trade on the worker at that point considering the bars on the BB and B? You felt like it was in enough of a downtrend already, and then price had been rejected from the 72, twice as resistance, was enough to trigger the trade? Was your S/L just above the 72?
what made you take the trade on the worker at that point considering the bars on the BB and B?
BIGBOSS
Let's start with BIGBOSS
November candle was very bullish but the December one had already rejected EMA200 (I'm also testing with MA200) and StratShadow bottom and keeping in mind that the main trend was down that means there's a high probability that price is going down.

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BOSS
it was in confirmed swing down (confirmed on 12/09) and last week had closed below StratShadow and also was rejected by resistance 0.68ish which means DOWN!

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You felt like it was in enough of a downtrend already, and then price had been rejected from the 72, twice as resistance, was enough to trigger the trade
Having studied BIGBOSS and BOSS I saw they were aligned so I just looked for an entry signal in WORKER. The one I showed was rejected by StratShadow twice (that day and the day before) as you said and also worker was in a steep downtrend with several big bear candles in the last days.

WORKER
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Was your S/L just above the 72?
You can see my SL and TP on the chart I posted. As I said price was rejected by StratShadow (SS) bottom several times so I placed my SL some pips above it.

I hope that I helped you understand this otherwise ask again.

All the best in your journey IN THE PATH.
IF IT DOESN'T FEEL RIGHT - IT'S NOT RIGHT!
  • #9,545
  • Jan 3, 2019 4:00pm Jan 3, 2019 4:00pm
Quoting HappyTrend
{quote} In most Trading Platform, exist ways for set your SL and TP automatically... I dont know what Platform are u using, but if u are using MT4 (the most use platform), i remember in the past when i was using MT4 exist EAs that you can set your SL and TP. For example: When you see a set up and u entry, the EA automatically is going to send Takeprofit and Stoploss. And you only have to move the targets to the zone where has to be. In my Platform, always i use 100SL 100TP but is only for have space for move my targets in that moment very easy and...
Thanks HT

I’ve tried trade managers before but don’t get on with them or trust them either... to be fair I don’t always set tp I like try and let the price tell me when to get out. It’s difficult to get right. Anyway the 2nd trade is still on, let’s see if it survives until tomorrow
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #9,546
  • Jan 3, 2019 4:58pm Jan 3, 2019 4:58pm
Quoting tommyFL
NZDUSD: This didn't move much last week. I had decided placing a sell-stop under 0.67 would be a good idea, but I was waiting for trading to restart after NY before going for it (on demo), however I was was on a plane last night as this went south, before I'd had a chance to put an order in. Then I thought I'd wait for a retrace and then look what happened.. now the worker is sitting above support at 0.62230 as I type this. I thought about another stop under the support at 0.6223 but the move today has me worried about S/L placement. Monthly: {image}...
Eurotrader has given a solid approach, I would add that not taking a position is perfectly acceptable.
Quoting strat
{quote} I have time on my hands this morning as I am not trading since the Market needs to stabilise and get back to equilibrium after last evening's panic buying of JPY. Oh sorry, I forgot to remove Bollinger. So, by removing your Bollinger Bands and whatever other useless wiggly, squiggly lines you use, you are trading indicators on here PRETENDING to trade PASR. I wrote many, many times in my old original 2009 thread that you will never learn PASR when you are using indicators as a CRUTCH! Either trade wiggly, squiggly lines or PASR - you can't...
Most of those indicators tell you overbought or oversold, and it's simply the highest or lowest close in whatever period they measure. I can see that on the chart and count back!
  • #9,547
  • Jan 3, 2019 6:07pm Jan 3, 2019 6:07pm
Quoting tommyFL
NZDUSD: This didn't move much last week. I had decided placing a sell-stop under 0.67 would be a good idea, but I was waiting for trading to restart after NY before going for it (on demo), however I was was on a plane last night as this went south, before I'd had a chance to put an order in. Then I thought I'd wait for a retrace and then look what happened.. now the worker is sitting above support at 0.62230 as I type this. I thought about another stop under the support at 0.6223 but the move today has me worried about S/L placement. Monthly: {image}...
Unless you are trading on lower TF, I can't really see how you can trade your chart. It is way too cluttered IMO.

Outside of what Euro said, I would add that the price will always sit in front of your ""support"" as they are so close together. You might want to grade your SR, remove some that doesn't really matter as much. Reducing noises allow you to see better trades.

Also, while euro's SL do work, personally I prefer to use 2x ATR for SL in that scenario. Just personal preference and I might adjust in the future. If you do not use ATR to see pairs volatility, neither you use it for TP&SL, you can share why you want to keep it there. May be there is something that I missed?
(PS I also see that your ATR probably pick up wrong digit as pips, it is 10 times more that what it should be.)
  • #9,548
  • Jan 3, 2019 8:45pm Jan 3, 2019 8:45pm
Greetings all and happy New Year

It has been way too long since posting here. Life in this neck of the woods has been very busy. Spent a lot of time with my kids this holiday season. My son is now engaged to someone who has two lovely young daughters and as a result I have officially become a grandpa. My daughter also got engaged, so there will be two weddings this year I will have to attend. Not looking forward to giving her away, that will be hard for me. All this and a tornado that touched down little over a week ago that was very close to my sons house.

So with all the activity, trading and posting has been on the back burner. Did close a couple of positions in profit with the "Flash Crash" that had been held for quite some time.

Have been spending this past week back on the path and getting caught up with all the reading and the charts. There is a plan in place starting the first of next week.

So all of you have a super weekend. Looking forward to the year ahead of trading with you all.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #9,549
  • Jan 3, 2019 10:40pm Jan 3, 2019 10:40pm
Quoting Eurotrader17
{quote} what made you take the trade on the worker at that point considering the bars on the BB and B? BIGBOSS Let's start with BIGBOSS November candle was very bullish but the December one had already rejected EMA200 (I'm also testing with MA200) and StratShadow bottom and keeping in mind that the main trend was down that means there's a high probability that price is going down. {image} BOSS it was in confirmed swing down (confirmed on 12/09) and last week had closed below StratShadow and also was rejected by resistance 0.68ish which means DOWN!...
Very helpful thank you. I think I'm over-analyzing at the moment.
  • #9,550
  • Jan 4, 2019 12:56am Jan 4, 2019 12:56am
Quoting strat
... PRICE does NOT and NEVER WILL, follow wiggly squiggly lines. PRICE will continue to make NEW HIGHS as long as there are BUYERS buying. PRICE will continue to make NEW LOWS as long as there are SELLERS selling. Do you think the Japanese traders last night took any notice of indicator ""OVER SOLD"" conditions? Do you think they even traded with indicators? RSI, TDI and all their derivatives" Same thing. The wiggly squiggly line crossed and turned up from 30 which indicator junkies call OVER SOLD. Following RSI, TDI etc strategies, you would enter...

I think I do not understand anything. Yes, It was the pc of the hosto and so, I know it's my fault to be sick, as much as I am sick cruel. I'm not going to talk too much because I do not understand the words here and the relationship with my state, because I do not use any indicator fetish or something else rsi bol cci etc But only the pasr.
Good trading and day
  • #9,551
  • Jan 4, 2019 4:07am Jan 4, 2019 4:07am
Quoting fleurdelys
{quote} I think I do not understand anything. Yes, It was the pc of the hosto and so, I know it's my fault to be sick, as much as I am sick cruel. I'm not going to talk too much because I do not understand the words here and the relationship with my state, because I do not use any indicator fetish or something else rsi bol cci etc But only the pasr. Good trading and day

In your post https://www.forexfactory.com/showthr...6#post11817376 you have BollingerBands....

Then in this post u said: https://www.forexfactory.com/showthr...9#post11840799

"Oh sorry, I forgot to remove Bollinger."

*********
Why, FORGOT??? U are saying that u are using at least the BollingerBands (Maybe other indicators.. the answer ONLY YOU KNOW IT..) and u say that u FORGOT because YOU KNOW THAT WE DONT USE INDICATORS..???

Let me tell you something... The Indicators that already Strat mention... ALL THE INDICATORS ARE LAGGED... and ALL INDICATORS is created by the PRICE... Everything is about a "FORMULA" (i dont know if is correct that word of "Formula") that the Indicator is programmed but all the source comes from the MOVEMENT PRICE or PRICE ACTION!

Just take a look the people who do not use Stoploss plus they trade INDICATORS with Martingale and Grid... All of them their account wipe out yesterday... And we that our Indicator is the CANDLESTICK (Price Action), at Support and Resistance we already were in positions in the HAPPY HAPPY TREND! With Confluence with StratShadow.

Now.. maybe in your journey as a trader... you stuck with some indicators that you think that works... But let me tell you other thing... In this Trading World exist a Hundreds ways to be profitable but exist a MILLION WAYS TO LOSS EVERYTHING!... If STRAT is teaching us this PASR LONG TERM.. why u want to add something that is not requiered.. in fact YOU DONT NEED TO ADD ANYTHING BECAUSE U ARE TRADING OTHER THING...

If you see a Candlestick that u are not comfortable with your trade... Well take notes and close the trade! Dont add any indicator for entry or exit your trades... Always use Candlestick, Support, Resistance... i mean... USE PRICE ACTION AT SUPPORT AND RESISTANCE!

I hope you understand what i mean... GoodLuck!
  • #9,552
  • Jan 4, 2019 4:07am Jan 4, 2019 4:07am
GBPUSD -> BE More time to monitor

https://www.forexfactory.com/attachm...8&d=1546596241
  • #9,553
  • Jan 4, 2019 5:33am Jan 4, 2019 5:33am
Quoting fleurdelys
GBPUSD -> BE More time to monitor https://www.forexfactory.com/attachm...8&d=1546596241
daily SR at the top. you get 3:1 ratio on your entry
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  • #9,554
  • Edited 8:20am Jan 4, 2019 7:40am | Edited 8:20am
I just felt like writing something here.

We grew up in a society which thinks different from Market. We already passed our schooling days . And almost all of Us are adults. Even though we come here to learn PASR , how many of us really accept Strat as our teacher? If we accept him as our teacher then why do we keep doing something (which he asking us not do) again and again and again? Before we start learning something totally different we have to empty our CUP. How many of us managed to empty our Cup?


It is hard to fill a cup which is already full
Inserted Video






Empty Your cup
Focus, Patience, Discipline, Determination and Perseverance
  • #9,555
  • Jan 4, 2019 9:06am Jan 4, 2019 9:06am
GBPUSD

No add-ons today because I was distracted mid-trade so I could only manage the 1st entry to profit.

I love these set ups!

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Spot the sore thumb!

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Private Msgs are turned off to weirdos, loafs and brain drainers
  • #9,556
  • Jan 4, 2019 9:46am Jan 4, 2019 9:46am
Eur Nzd
Attached Image

R3
Good weekend
  • #9,557
  • Jan 4, 2019 9:51am Jan 4, 2019 9:51am
[quote = HappyTrend; 11845481] {quote} [/ quote]

No, no indicator for 6 months now.
ONLY M5 PASR Trend Trading
Look at my old entry ?
He had to scan when I was in the hospital. I do not know how to program, so I take what is.I could not do otherwise. It allowed me to have a good month.
I tried to explain at least, but the terms are not correct. I do not speak english properly. I'm going to stop talking here, we're talking in the wind, we judge and classify the person very quickly.
Judgment of self, without knowing the why of how. Or too much language barrier with thatpropo.
Share only my journal trades of the image. If you do not think I'm just negotiating PASR, just tell me why on my images.

For the moment of excellent month. I'm waiting for great years.
So I'll stop taking my head trying to translate, and just post my trades, losers and winner. So I stop the translation chatter.
If we do not want to comment, we do not comment, If you want to block me, I'm blocked. I totally do not care.
Thank you
All good to you. Good evening
  • #9,558
  • Jan 4, 2019 10:16am Jan 4, 2019 10:16am
Trading the crumbs of the NY trend at 7am PST

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15 YEARS OF PASR ON FOREX FACTORY!
  • #9,559
  • Jan 4, 2019 10:18am Jan 4, 2019 10:18am
Trading the crumbs of the NY trend at 7am PST

Attached Image (click to enlarge)
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15 YEARS OF PASR ON FOREX FACTORY!
  • #9,560
  • Jan 4, 2019 11:05am Jan 4, 2019 11:05am
Quoting fleurdelys
[quote = HappyTrend; 11845481] {quote} [/ quote] No, no indicator for 6 months now. ONLY M5 PASR Trend Trading Look at my old entry ? He had to scan when I was in the hospital. I do not know how to program, so I take what is.I could not do otherwise. It allowed me to have a good month. I tried to explain at least, but the terms are not correct. I do not speak english properly. I'm going to stop talking here, we're talking in the wind, we judge and classify the person very quickly. Judgment of self, without knowing the why of how. Or too much language...
I only comment what i see... anyway the "Truth" is only in each of us.. who really are following the rules and who is not...

That answer... can be answered only by you in front of ur mirror.

Goodluck and have an excellent weekend.

*I dont speak english very well too.. but it works to comment about your trades.. and dont take personal the comments.. maybe can help others who are behind of indicators and only showing the charts without them.
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