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Strat's PASR Long Term, Stress Free Trading

  • #10,581
  • Feb 28, 2019 4:22am Feb 28, 2019 4:22am
Quoting strat
Today is the 10 YEAR ANNIVERSARY of PASR on Forex Factory {image}
Congratulations!
  • #10,582
  • Feb 28, 2019 7:13am Feb 28, 2019 7:13am
Quoting strat
Today is the 10 YEAR ANNIVERSARY of PASR on Forex Factory {image}
Congratulations!

M5 Bootcamp

Initially was intent to see if there are any trend that already running, maybe if I missed out, I will try to catch on M1 pause. However, it did not happen as most of the pairs are not in trend (EUR pairs are in pauses within 2 hours before US session start). Only CHF pairs running in trend around this time today. So... A simple entry. Probably early exit due to hammer.

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Though this is one of the more volatile pair, only breadcumb.
  • #10,583
  • Edited 10:11am Feb 28, 2019 8:50am | Edited 10:11am
PASR Long Term Stress Free Trading

How PASR traders find the end of the Boss Swing/Trend

Is it ""A"" or is it ""B""?

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To find out, we drop down to the Worker

The arrow clearly tells us that the pull back from ""A"" is over and to load up long again for a re-test of the highs.

After the re-test of the highs, PRICE in the blue rectangle sings Roy Orbison's ""It's Over"" and we go back to the Boss and trade the Boss Swing down for 1490 pips PER POSITION.

Easy as PASR!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,584
  • Feb 28, 2019 9:02am Feb 28, 2019 9:02am
And that's my M5 trading done and dusted in 15 minutes. Thank you GBP

Easy as PASR!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,585
  • Feb 28, 2019 9:03am Feb 28, 2019 9:03am
And that's my M5 trading done and dusted in 15 minutes. Thank you GBP

Easy as PASR!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,586
  • Feb 28, 2019 9:35am Feb 28, 2019 9:35am
PST Time GBP

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Private Msgs are turned off to weirdos, loafs and brain drainers
  • #10,587
  • Feb 28, 2019 9:40am Feb 28, 2019 9:40am
Quoting strat
PASR Long Term Stress Free Trading How PASR traders find the end of the Boss Swing/Trend Is it ""A"" or is it ""B""? {image} To find out, we drop down to the Worker The arrow clearly tells us that the pull back from ""A"" is over and to load up long again for a re-test of the highs. After the re-test of the highs, PRICE in the blue rectangle sings Roy Orbison's ""It's Over"" and we go back to the Boss and trade the Boss Swing down for 1490 pips PER POSITION. Easy as PASR! {image}
Thanks very much for this Strat, the more I am now looking at higher time frames as my choice to trade the more I am able to see this going on. I am including a chart of the same pair from the time price bottomed out recently and how all three time frames BB, Boss and worker turned at the same time.
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  • #10,588
  • Feb 28, 2019 11:01am Feb 28, 2019 11:01am
Quoting LuisRicardo
{quote} The BigBoss do not have a clear direction
thanks Luis.

Quoting strat
PASR {quote} PASR traders do not trade CHF pairs
"HOPE and PRAYERS" are not part of my trading mindset so trade closed and all CHF pairs deleted from my studies....thanks.

Quoting Rub
{quote}{quote} Generally you'll want to stay away from CHF pairs, and oil,
thanks for the guidance.....
If at first you don't succeed, try, try again.
  • #10,589
  • Feb 28, 2019 12:16pm Feb 28, 2019 12:16pm
[quote=strat;12060366]PASR Long Term Stress Free Trading How PASR traders find the end of the Boss Swing/Trend Is it ""A"" or is it ""B""? {image} To find out, we drop down to the Worker The arrow clearly tells us that the pull back from ""A"" is over and to load up long again for a re-test of the highs. After the re-test of the highs, PRICE in the blue rectangle sings Roy Orbison's ""It's Over"" and we go back to the Boss and trade the Boss Swing down for 1490 pips PER POSITION. Easy as PASR! {image}[/quote

Thanks Strat, more priceless information..for those that put in the work...

I remember taking a chunk out of it!
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #10,590
  • Feb 28, 2019 2:01pm Feb 28, 2019 2:01pm
10 years of PASR and I'm only joining now?? mehh. Strat your going to still be around for a while right?... I'm on page 71(original thread ) now and I need more time to catch up!! Please don't leave
  • #10,591
  • Mar 1, 2019 5:54am Mar 1, 2019 5:54am
1st March 2019

GL ALL
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"What would you attempt to do, if you knew your success was a certainty?"
  • #10,592
  • Mar 1, 2019 6:10am Mar 1, 2019 6:10am
DAX is fire
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"What would you attempt to do, if you knew your success was a certainty?"
  • #10,593
  • Mar 1, 2019 6:39am Mar 1, 2019 6:39am
Quoting dashurry
10 years of PASR and I'm only joining now?? mehh. Strat your going to still be around for a while right?... I'm on page 71(original thread ) now and I need more time to catch up!! Please don't leave
Welcome. It's never too late. Strat is going to be around until somebody able to piss him off so bad that beyond whatever happen, but its going to be hard.

Quoting Alesiosc
{quote} thanks Luis. {quote} "HOPE and PRAYERS" are not part of my trading mindset so trade closed and all CHF pairs deleted from my studies....thanks. {quote} thanks for the guidance.....
"HOPE and PRAYERS" are not part of my trading mindset so trade closed and all CHF pairs deleted from my studies....thanks.
Don't really need to "delete the study" though, it is still alright to study on it like any other charts/instrument. Just stay away from trading real money with it.

M5 Bootcamp
TGIF gift today. Simple obvious profitable (papertrade) trade(s). Though it still somewhat show my inexperience of trading.
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(1) For some reason I completely overlooked the sore thumb BEOB on my left. Got my SL wrong and got stopped out.

(2) The shooting star could be an entry of itself, though lack of confidence kind of stopped me from entry. BEEB just wake me up for the entry

(3) It is just a waiting and patience. The bond shooting star on (a) is in control while 2 hammer-ish doji is forming so I wasn't really worrying. the BEOB after the doji just show that the buyer is willing to protect the level, which is show by last 2 candle before another shooting star that confluence with Strat Shadow. It almost like the seller intentionally let the price to get up so they can sell on higher price.

(4) Obvious shooting star for second entry.

(5) Reacting(Exit) to hammer on support (which land on the SR form by previous depth-gauge-alike candle)

Roughly 54 pips and 49 pips.

More practice needed. Any comments are welcome. Now excuse me, I think I am going to enjoy the rest of my Friday night.
  • #10,594
  • Edited 9:13am Mar 1, 2019 8:35am | Edited 9:13am
GBPNZD M5

6am West Coast and Happy St. David's Day

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,595
  • Edited 9:13am Mar 1, 2019 8:36am | Edited 9:13am
GBPAUD M5

6am West Coast and Happy St. David's Day
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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,596
  • Edited 9:13am Mar 1, 2019 8:38am | Edited 9:13am
GBPCAD M5

6am West Coast and Happy St. David's Day

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,597
  • Edited 9:14am Mar 1, 2019 8:42am | Edited 9:14am
GBPJPY M5

6am West Coast and Happy St. David's Day


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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,598
  • Edited 10:57am Mar 1, 2019 8:46am | Edited 10:57am
GBPCHF M1

6am West Coast and Happy St. David's Day


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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,599
  • Mar 1, 2019 9:30am Mar 1, 2019 9:30am
GBP Friday Trend Time!

GBPCAD M5

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GBPNZD M1

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I need to load up my cash. These stupid EU margin rules are blocking my margin and add-ons! Grrrrrr!!
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #10,600
  • Edited 11:00am Mar 1, 2019 9:35am | Edited 11:00am
M5 Bootcamp TGIF gift today

Quoting huatzhi
{quote} Welcome. It's never too late. Strat is going to be around until somebody able to piss him off so bad that beyond whatever happen, but its going to be hard. {quote} "HOPE and PRAYERS" are not part of my trading mindset so trade closed and all CHF pairs deleted from my studies....thanks. Don't really need to "delete the study" though, it is still alright to study on it like any other charts/instrument. Just stay away from trading real money with it. M5 Bootcamp TGIF gift today. Simple obvious profitable (papertrade) trade(s). Though it still...
Simple obvious profitable (papertrade) trade(s). Though it still somewhat show my inexperience of trading.

You are getting in the M5 "groove" now, huatzhi - maybe time for you to see if you can do it with your Little People sat beside you?

(1) For some reason I completely overlooked the sore thumb BEOB on my left. Got my SL wrong and got stopped out.

This is what we look for to get us into a trade - this is the FOOTSTEP of the Big Boys, the Market Movers or whatever fancy name people give them these days.

Remember, PASR FOLLOWS in the FOOTSTEPS of the Big Boys/Market Movers - we NEVER lead them.

(2) The shooting star could be an entry of itself, though lack of confidence kind of stopped me from entry. BEEB just wake me up for the entry

Yes it is. Once you SEE the FOOTSTEPS do NOT fear to FOLLOW them.

(3) It is just a waiting and patience.

Yes AND DISCIPLINE to FOLLOW in the FOOTSTEPS of the Big Boys/Market Movers.

(5) Reacting(Exit) to hammer on support (which land on the SR form by previous depth-gauge-alike candle)

Excellent - go to the TOP OF THE CLASS, huatzhi!

More practice needed

Yes, indeed, we ALL need more practice.

Roughly 54 pips and 49 pips.

Very good but remember, when you are trading LIVE at the hard right edge with real money on the line, pips mean NOTHING, zero, nada, bugger all, diddly squat - its the $MONEY we are here to make NOT PIPS!

Well done, huatzhi!
15 YEARS OF PASR ON FOREX FACTORY!
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