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Strat's PASR Long Term, Stress Free Trading

  • #10,021
  • Jan 24, 2019 6:00pm Jan 24, 2019 6:00pm
Quoting HappyTrend
Hello Strat, im going to wait for see tomorrow ur comment about if u were in my trade, where you close the trade. After that, i really want to post my trades but i have too many positions opens... obviously some in red and some in green. And im thinking what is better to post for dont post all of them.. The Flotaing loss trades or the Floating profit trades... But better im going to do a list of my current positions, and if u can chose one. I post it: (Yes, some of my trades looks very ugly and my stoploss is very small, so maybe tomorrow already...

Well I got stopped out with EURJPY, AUDJPY, AUDCAD... But everything its fine because the others is now with a very nice movement!

And for Example, EURJPY and AUDCAD that Worker Candle invite me to short.. but im not going to fight with that Hammer/BIG TAIL BOSS hahahaha.
  • #10,022
  • Edited 10:39pm Jan 24, 2019 10:18pm | Edited 10:39pm
Quoting strat
{image}
strat, why not exit where I've indicated? Is it because it didn't close below the strat shadow and/or support?


Quoting Francl
EURUSD Boss: down, confirmed lower swing high, price found resistance in Strat shadow {image} Worker: down, today closed below the WCC low and below the suportive TL, but closed just at static support. Now, I read that static SRs are more important than TL and WCC, so I wouldn't sell here, I would watch PA cause we are at suport and near (another 80 pips below) important SR at 1.12... {image} my question for you is: if we watch break of WCC, should we wait for boss close bellow of WCC or can we react on daily close bellow WCC? (pls ignore this case cause we have other confluences here) regards igor
The way that's taught here is to wait for a weekly close below the weekly control candle. The daily might close below, then the next day go straight back in. I agree thta staying out of the EURUSD trade is the right move too.
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  • #10,023
  • Jan 25, 2019 3:35am Jan 25, 2019 3:35am
Hi, I'm still reading, so sorry if this M5 trade is wrong.
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  • #10,024
  • Jan 25, 2019 3:40am Jan 25, 2019 3:40am
Quoting Malu
{quote} I would help, if could mark the candles that caused your entry and exit. Without these it is hard to understand what you are doing. Is there a reason that there are not SR-lines on your chart?
bro plz check if these candles right for entry this for practice and learning, if i m wrong mark correct entry and repost this image
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  • #10,025
  • Jan 25, 2019 3:48am Jan 25, 2019 3:48am
Quoting darien95
Hi, I'm still reading, so sorry if this M5 trade is wrong. {image}
nice trade . be careful opening positions before the London market opens.
About volumes: personally I never made sense of volumes in forex, and I don't think you need them. up to you

Quoting badeel
{quote} bro plz check if these candles right for entry this for practice and learning, if i m wrong mark correct entry and repost this image {image}
Same thing. the entries are before and right on london open. just be careful around that time. the entries are good.
the exit for me would be once the first X closes as a hammer

this is from my brokers live feed
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EDIT: the exit around 1.84 due to bigger timeframe SR (1H)
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  • #10,026
  • Edited 4:48am Jan 25, 2019 4:33am | Edited 4:48am
Quoting badeel
{quote} bro plz check if these candles right for entry this for practice and learning, if i m wrong mark correct entry and repost this image {image}
As bistolis already wrote. I try to avoid trading before London opened. Beside that the entres looks fine.
Here is one where you could have jumped into the makret again. From my point of view.
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  • #10,027
  • Edited 5:00am Jan 25, 2019 4:46am | Edited 5:00am
EUR GBP M5 Trend Trading

This was the nice one of today.
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GBP AUD M5 Trend Trading

An this one the one I needed a bit more patience.
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But in the end PASR showed the right direction for both of them, so I could collect some pips.
You have a nice and great weekend!
Greetings, Markus
  • #10,028
  • Jan 25, 2019 5:11am Jan 25, 2019 5:11am
Quoting Malu
{quote} As bistolis already wrote. I try to avoid trading before London opened. Beside that the entres looks fine. Here is one where you could have jumped into the makret again. From my point of view. {image}
GN and GA BOSS H1 is uptrend. Please explain, why you decide to open short
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  • #10,029
  • Jan 25, 2019 5:16am Jan 25, 2019 5:16am
Quoting makron
{quote} GN and GA BOSS H1 is uptrend. Please explain, why you decide to open short {image}
You are confused with what we are doing on M5
We only need to focus on SR on H1 , H4 and daily.And how price behaves around those. This is mostly practise and trend trading.

Don't get confused with the stress free trading on daily(worker)/weekly(boss)/monthly(big boss), where the terminology applies.
  • #10,030
  • Jan 25, 2019 5:25am Jan 25, 2019 5:25am
Thanks! I reading original Strat's thread for about one week, too early for me
  • #10,031
  • Jan 25, 2019 5:34am Jan 25, 2019 5:34am
Quoting bistolis
{quote} You are confused with what we are doing on M5 We only need to focus on SR on H1 , H4 and daily.And how price behaves around those. This is mostly practise and trend trading. Don't get confused with the stress free trading on daily(worker)/weekly(boss)/monthly(big boss), where the terminology applies.
Bistolis, you are too kind.
I guess Strats answer would have been: start reading the thread and then it will be clear. When there are still questions, ask.
  • #10,032
  • Jan 25, 2019 5:35am Jan 25, 2019 5:35am
Quoting makron
{quote} GN and GA BOSS H1 is uptrend. Please explain, why you decide to open short {image}
Bistolis already gave the right answer (thanks!). So there is nothing to add from my side.
  • #10,033
  • Jan 25, 2019 7:56am Jan 25, 2019 7:56am
I was browsing some live streams and stumbled on this
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1. too many trades in all directions
2. trying to predict a reversal
3. adding on losing trades

well at least no indicators
  • #10,034
  • Jan 25, 2019 8:46am Jan 25, 2019 8:46am
[quote=Rub;11925023]{quote} strat, why not exit where I've indicated? Is it because it didn't close below the strat shadow and/or support? {quote}

Yes, but before that, I had not identified any resistance anywhere near that level plus that red candle was green until the last few seconds where it turned red telling me it was likely a large profit taking order being processed.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,035
  • Jan 25, 2019 9:06am Jan 25, 2019 9:06am
Quoting darien95
Hi, I'm still reading, so sorry if this M5 trade is wrong. {image}
After 12 years of THREAD HOPPING and your fascination with bells, whistles and flashing lights, how long do you think you will last learning a strategy where YOU have to do ALL the work and identify your own set ups and signals?

And in those 12 years you STILL have not learned that volume in Forex is as much use as a crack in a glass eye! As I have posted countless number of times, there is NO CENTRAL EXCHANGE where forex is traded (unlike Stocks, Bonds, Futures and Commodities). The volume you are seeing is that from YOUR Broker so unless your Broker's clients are Investment Banks and Hedge Funds (which they are not as they each have their own internal Brokers), you are being led down the Garden Path (yet again).

I write this because the Lurkers come on here expecting me to spend time and energy and treat them as I do SERIOUS students of PASR only for them to disappear back down their rabbit hole!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,036
  • Jan 25, 2019 9:13am Jan 25, 2019 9:13am
Quoting Malu
EUR GBP M5 Trend Trading This was the nice one of today. {image} GBP AUD M5 Trend Trading An this one the one I needed a bit more patience. {image} But in the end PASR showed the right direction for both of them, so I could collect some pips. You have a nice and great weekend! Greetings, Markus
Good job, Markus, but what was wrong with the CLASSIC Hammer entry, 4 candles before your first entry on EURGBP M5?

GBPAUD M5 Trend Trading

This was good for you to test your resolve, confidence and belief in you and PASR - well done, Markus.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,037
  • Jan 25, 2019 9:15am Jan 25, 2019 9:15am
Quoting Malu
{quote} Bistolis, you are too kind. I guess Strats answer would have been: start reading the thread and then it will be clear. When there are still questions, ask.
Markus - you know me too well!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,038
  • Jan 25, 2019 9:26am Jan 25, 2019 9:26am
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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,039
  • Jan 25, 2019 9:31am Jan 25, 2019 9:31am
Quoting bistolis
I was browsing some live streams and stumbled on this {image} 1. too many trades in all directions 2. trying to predict a reversal 3. adding on losing trades well at least no indicators
That's good for PASR traders - more liquidity.

PASR RULE #1 - CAPITAL PRESERVATION

PASR traders NEVER, EVER, add on to LOSING positions.

PASR traders add on ONLY after previous positions are IN PROFIT.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,040
  • Jan 25, 2019 9:38am Jan 25, 2019 9:38am
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15 YEARS OF PASR ON FOREX FACTORY!
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