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Strat's PASR Long Term, Stress Free Trading

  • #10,241
  • Feb 7, 2019 3:47am Feb 7, 2019 3:47am

GBPCAD 5 minute boot camp 07-feb-2019


By now I'm sure you know the drill, vertical line for London open, horizontal lines for support and resistance. Trading GBPCAD this time as GBPAUD and GBPNZD have had substantial moves during the Asian session.

 

  1. Price had a few goes at closing below the round number and kept producing long lower wicks, entered when it started to show a higher high. Exit For a minor loss. Didn't enter short as it didn't close below support and/or 200ema.
  2. Enter short with trend as indicated by strat shadow, price unable to close above resistance. Stayed in as it kept pushing below the recent low. Exit on bullish candle from support.


Breakeven day today, slightly down for the month. Suspect there's not going to be much movement until the red news at 11Pm my time and I'm not staying up for that!

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCAD 4h.png Size: 99 KB
Click to Enlarge Name: GBPCAD 1h.png Size: 100 KB
Click to Enlarge Name: GBPCAD 5 min.png Size: 102 KB
  • #10,242
  • Feb 7, 2019 6:33am Feb 7, 2019 6:33am
Quoting HappyTrend
CADJPY BIGBOSS {image} BOSS {image} WORKER {image}
Hello Sir,
Would you mind sharing your Indicators and Template please?

Thanks
  • #10,243
  • Feb 7, 2019 8:28am Feb 7, 2019 8:28am
Quoting Mrsaini
{quote} Hello Sir, Would you mind sharing your Indicators and Template please? Thanks
In The Thread are all your answers. Read all the Thread First.
  • #10,244
  • Feb 7, 2019 11:09am Feb 7, 2019 11:09am
Hi Strat and Company

I am back from my self imposed banishment to the old thread and I hope that I am somewhat wiser because of it. I admit to lurking in the current thread in the meantime but that was just to stay up to date with current events while digging into the archives of the old thread.

Regards
Pete
  • #10,245
  • Feb 7, 2019 11:25am Feb 7, 2019 11:25am
Quoting HappyTrend
I want to be more active and going to start posting more frequently. (I see more people are posting less and less their charts... maybe a good time for me because "maybe" Strat have more time with me j/k) Im going to start posting Questions, Doubts, Entries, etc... etc... If in anything im wrong please do everything u can Strat for fix me and be in the correct train. I dont care if your comments are rude or not, i just want to learn more and more! Thank you for ur time. AUDCAD BOSS {image} WORKER {image} Notes: I have in my notes oportunities...
Hi HT

In my humble opinion the hammer that is stopping you is a Weekly Control Candle. Since price retraced to nearly the top of the Control Candle there were opportunities to go short within in the control candle with Big Boss, Boss and Worker aligned. Trading Basic PASR within the Weekly Control Candle BRN ,93 looks to be a good target. I hope this helps...

Regards
Pete
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
  • #10,246
  • Feb 7, 2019 11:36am Feb 7, 2019 11:36am
Quoting HappyTrend
AUDJPY BigBoss {image} Boss {image} Worker {image}
Hi HT

I think it will be wise to wait for this week's Boss Candle to show the way. If it continues on its current way we could very well see an Boss Swing High confirmed with opportunity to go short on the worker. If not then yes, buying the Worker could be viable. My humble view is to wait for PA on Boss to confirm the way. Also the Strat Shadow From Big Boss down to Worker is negative.

Regards
Pete
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
Click to Enlarge Name: Screenshot2.png Size: 99 KB
Click to Enlarge Name: Screenshot3.png Size: 94 KB
  • #10,247
  • Feb 7, 2019 11:48am Feb 7, 2019 11:48am
Quoting strat
{image}
Hi Strat

Looks like price on the Boss is ready to turn with the Big Boss Down Trend. Not a confirmed swing High on the Boss yet but lets see what the Boss candle close at this week.Certainly looks like it is following instructions...

Regards
Pete
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
Click to Enlarge Name: Screenshot2.png Size: 93 KB
  • #10,248
  • Feb 7, 2019 1:32pm Feb 7, 2019 1:32pm
Quoting Szpons
{quote} Sorry, it was deliberate I waited for someone to ask to start a discussion Here they are: 11 Oct -at candle close entry with ETF's 31 Oct - at candle close regular CFD position {image}
Sorry, it was deliberate I waited for someone to ask to start a discussion Here they are: 11 Oct -at candle close entry with ETF's 31 Oct - at candle close regular CFD position

Good job, well done!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,249
  • Feb 7, 2019 1:35pm Feb 7, 2019 1:35pm
Quoting HappyTrend
I dont care if your comments are rude or not, i just want to learn more and more! Thank you for ur time. AUDCAD BOSS {image} WORKER {image} Notes: I have in my notes oportunities to go short but the Hammer is Stopping me... or maybe im watching anything wrong and focusing too much on it?
I dont care if your comments are rude or not

Me, rude? No way, I just tell it like it is like all true Yorkshire men!

That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,250
  • Feb 7, 2019 1:37pm Feb 7, 2019 1:37pm
Quoting HappyTrend
AUDJPY BigBoss {image} Boss {image} Worker {image}
That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,251
  • Feb 7, 2019 1:37pm Feb 7, 2019 1:37pm
Quoting HappyTrend
AUDNZD BigBoss {image} Boss {image} Worker {image}
That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,252
  • Feb 7, 2019 1:38pm Feb 7, 2019 1:38pm
Quoting HappyTrend
AUDUSD BigBoss {image} Boss {image} Worker {image}
That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,253
  • Feb 7, 2019 1:39pm Feb 7, 2019 1:39pm
Quoting HappyTrend
CADJPY BIGBOSS {image} BOSS {image} WORKER {image}
That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,254
  • Feb 7, 2019 1:42pm Feb 7, 2019 1:42pm
Quoting Rub
GBPCAD 5 minute boot camp 07-feb-2019 By now I'm sure you know the drill, vertical line for London open, horizontal lines for support and resistance. Trading GBPCAD this time as GBPAUD and GBPNZD have had substantial moves during the Asian session. Price had a few goes at closing below the round number and kept producing long lower wicks, entered when it started to show a higher high. Exit For a minor loss. Didn't enter short as it didn't close below support and/or 200ema. Enter short with trend as indicated by strat shadow, price unable to close...
entered when it started to show a higher high.

M5 trend was down, Ben - this was just a pull back to the Strat Shadow
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,255
  • Feb 7, 2019 1:43pm Feb 7, 2019 1:43pm
Quoting JCMPete
Hi Strat and Company I am back from my self imposed banishment to the old thread and I hope that I am somewhat wiser because of it. I admit to lurking in the current thread in the meantime but that was just to stay up to date with current events while digging into the archives of the old thread. Regards Pete
That is dedication, Pete, good job!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,256
  • Feb 7, 2019 1:44pm Feb 7, 2019 1:44pm
Quoting JCMPete
{quote} Hi HT In my humble opinion the hammer that is stopping you is a Weekly Control Candle. Since price retraced to nearly the top of the Control Candle there were opportunities to go short within in the control candle with Big Boss, Boss and Worker aligned. Trading Basic PASR within the Weekly Control Candle BRN ,93 looks to be a good target. I hope this helps... Regards Pete {image}
93 looks to be a good target.

But there is a better target indicated, Pete
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,257
  • Feb 7, 2019 1:46pm Feb 7, 2019 1:46pm
Quoting JCMPete
{quote} Hi HT I think it will be wise to wait for this week's Boss Candle to show the way. If it continues on its current way we could very well see an Boss Swing High confirmed with opportunity to go short on the worker. If not then yes, buying the Worker could be viable. My humble view is to wait for PA on Boss to confirm the way. Also the Strat Shadow From Big Boss down to Worker is negative. Regards Pete {image} {image} {image}
I think it will be wise to wait for this week's Boss Candle to show the way

All that studying did you good, Pete!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,258
  • Feb 7, 2019 1:50pm Feb 7, 2019 1:50pm
Quoting JCMPete
{quote} Hi Strat Looks like price on the Boss is ready to turn with the Big Boss Down Trend. Not a confirmed swing High on the Boss yet but lets see what the Boss candle close at this week.Certainly looks like it is following instructions... Regards Pete {image} {image}
lets see what the Boss candle close at this week

Maybe it will give more direction than the UK Government!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,259
  • Edited 3:15pm Feb 7, 2019 3:03pm | Edited 3:15pm
Quoting strat
{quote} That Hammer is telling you LOTS of information - go back and study DEPTH GAUGES

OMG.... Right now i just tell my girlfriend that im not going to her house because i need study for our future!


Edit:

DEPTH GAUGES is the same of Periscope, right? In the Old Thread do u have any other name talking about Depth Gauges/Periscope?
  • #10,260
  • Feb 7, 2019 3:14pm Feb 7, 2019 3:14pm
BREXIT

Attached Image
15 YEARS OF PASR ON FOREX FACTORY!
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