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Strat's PASR Long Term, Stress Free Trading

  • #10,761
  • Mar 8, 2019 6:15am Mar 8, 2019 6:15am
Quoting strat
PASR {quote} Two French guys discussing PASR in English - what better can you get? Bon travail, mes amis! Still waiting for the Big Boys to move PRICE at 6:09 am West Coast time Just missed GBPCHF while I posted this!
I think I was making better use of my time chatting up some younger lovelies in a local bar! There may have been beers involved...
  • #10,762
  • Mar 8, 2019 6:25am Mar 8, 2019 6:25am
Quoting Rub
{quote} I think I was making better use of my time chatting up some younger lovelies in a local bar! There may have been beers involved...
A leaf out of my book, Ben! Hope you scored!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,763
  • Mar 8, 2019 6:37am Mar 8, 2019 6:37am
GBPCHF

Quoting strat
PASR {quote} Two French guys discussing PASR in English - what better can you get? Bon travail, mes amis! Still waiting for the Big Boys to move PRICE at 6:09 am West Coast time Just missed GBPCHF while I posted this! But 29 pips to H4 support so the Scouts are in!
Just missed GBPCHF while I posted this! But 29 pips to H4 support so the Scouts are in!

And OUT!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,764
  • Mar 8, 2019 6:45am Mar 8, 2019 6:45am
Quoting Rub
{quote}{quote} Nicely done. I think you'll need to search strat's volatility
thanks for the feedback Rub....ill try with GBPJPY next. with it being my first attempt at BASIC PASR i just wanted to take it a bit slow. can anyone recommend any different brokers with tighter stop loss distances than mine. im using EasyForex and FXTM.

thankss
If at first you don't succeed, try, try again.
  • #10,765
  • Mar 8, 2019 6:49am Mar 8, 2019 6:49am
PASR M1 BootCamp

Quoting Alesiosc
2nd attempt at BASIC M1 PASR, from resistance to 1st support. BEOB is the PA entry. exit is at 1st support. no actual PA. just touched 1st support. BIG BOSS is in a downtrend off a double top. BOSS in a downtrend. MA's in harmony. thinking i timed the WORKER entry quite well..... one thing i have found is using the M1 & M5 its very difficult to have proper RR as AUDUSD spread is 2 pips and the my broker only allows a SL to be placed a minimum of 8 pips away which for some reason then only lets me place it around 16 pips away. this trade only...
Very good - the more you do this, the more you accelerate and increase your PASR learning experience.

its very difficult to have proper RR as AUDUSD spread is 2 pips and the my broker only allows a SL to be placed a minimum of 8 pips away

As Rub has already commented - this is the sign of a BAD BROKER - find another!

Again, as Rub posted, use pairs from my VOLATILITY LIST so that you don't fall asleep while doing this.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,766
  • Edited 7:33am Mar 8, 2019 6:53am | Edited 7:33am
Quoting Alesiosc
{quote} thanks for the feedback Rub....ill try with GBPJPY next. with it being my first attempt at BASIC PASR i just wanted to take it a bit slow. can anyone recommend any different brokers with tighter stop loss distances than mine. im using EasyForex and FXTM. thankss
can anyone recommend any different brokers with tighter stop loss distances than mine. im using EasyForex and FXTM.

Cameron, there is a thread here on FF which discusses brokers so take a look in there

Maybe the Brits on here will help

Manchester, England eh - Red or Light Blue?
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,767
  • Mar 8, 2019 7:06am Mar 8, 2019 7:06am
Quoting strat
{quote}Manchester, England eh - Red or Light Blue?
thanks for the guidance Strat, much appreciated.....

i know it sounds petty but i am neither as i dont like the rivalry thing just because of the different colour shirts. to me this is the exact same thing that causes most of the conflicts in the world. the intolerance to different skin colours, races, religions, genders etc.....i have been at Old Trafford and watched 10 professional looking Liverpool supporters beat the shit out of 1 Man Utd supporter and why? all because of the colour of his shirt. saying that though i do enjoy watching any of the top PL teams....my daughter is Red through & through. i gather from some of your earlier posts you may be Blue.
If at first you don't succeed, try, try again.
  • #10,768
  • Mar 8, 2019 7:27am Mar 8, 2019 7:27am
Quoting Alesiosc
{quote} thanks for the guidance Strat, much appreciated..... i know it sounds petty but i am neither as i dont like the rivalry thing just because of the different colour shirts. to me this is the exact same thing that causes most of the conflicts in the world. the intolerance to different skin colours, races, religions, genders etc.....i have been at Old Trafford and watched 10 professional looking Liverpool supporters beat the shit out of 1 Man Utd supporter and why? all because of the colour of his shirt. saying that though i do enjoy watching...
I dont like the rivalry thing just because of the different colour shirts. to me this is the exact same thing that causes most of the conflicts in the world. the intolerance to different skin colours, races, religions, genders etc.....

I agree 100%

I am not a fan or supporter for exactly those reasons but I do have a bias towards our Northern teams.

Both "Reds" for me, (no blues - only in my music) but my team in the 70s was:

Attached Image


I'm in GBPNZD while typing this - PRICE ACTION is very SLOW today as we expect after the big moves in the last few days
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,769
  • Mar 8, 2019 7:31am Mar 8, 2019 7:31am
GBPNZD M5 PASR Trend Trading

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,770
  • Edited 8:25am Mar 8, 2019 7:56am | Edited 8:25am
GBPNZD M5 PASR

Bloody hell! Where did that 90 pips come from? Did those that call themselves UK politicians open their mouth?

EDIT: Found it

Barnier told ambassadors, EU is willing to give Brits a unilateral exit from single customs territory

For those who don't understand, or worse, don't BELIEVE PASR:

SEE where that 90 pips move started and

SEE where that 90 pips ended.

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PRICE is now slicing through my H4 and D1 levels - I may have to get my W1 and M1 levels on!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,771
  • Mar 8, 2019 8:09am Mar 8, 2019 8:09am
GBPNZD M5 & M1 PASR

This is a really good example of WHY you MUST baby sit M5 and M1 trades and WHY you MUST never, ever LEAVE THEM to do ""their thing""

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,772
  • Mar 8, 2019 2:14pm Mar 8, 2019 2:14pm
GBPUSD

Ben and Terry, there is your Boss close

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15 YEARS OF PASR ON FOREX FACTORY!
  • #10,773
  • Mar 8, 2019 4:24pm Mar 8, 2019 4:24pm
Quoting strat
{quote} A leaf out of my book, Ben! Hope you scored!
Sadly the young lovelies were accompanied, but I did enjoy myself.

Quoting strat
GBPNZD M5 PASR Bloody hell! Where did that 90 pips come from? Did those that call themselves UK politicians open their mouth? EDIT: Found it Barnier told ambassadors, EU is willing to give Brits a unilateral exit from single customs territory For those who don't understand, or worse, don't BELIEVE PASR: SEE where that 90 pips move started and SEE where that 90 pips ended. {image} PRICE is now slicing through my H4 and D1 levels - I may have to get my W1 and M1 levels on!
That's quite the bounce! And I see it pretty much came straight back down a couple of posts later.

Quoting strat
GBPUSD Ben and Terry, there is your Boss close {image}
Seen. For me that puts it in a weekly control candle with a confirmed high. I'd imagine the coming crunch of BREXIT will have the safe haven currencies strengthening. At least that's what my charts seem to be telling me this weekend.

_________________________________________________________________________________________________________________________________

After weeks of bouncing around in a range it looks like we're now seeing some movement. Here's one of the ones I will be watching for next week as a gimme for people following the thread. See charts, and be warned: you should only follow me out of curiosity! I have been making some spectacularly poor choices lately.
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  • #10,774
  • Mar 9, 2019 2:47am Mar 9, 2019 2:47am
Quoting strat
{quote}but my team in the 70s was:
im sure you will remember this then....the year i was born.....
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If at first you don't succeed, try, try again.
  • #10,775
  • Mar 9, 2019 7:18am Mar 9, 2019 7:18am
Quoting Alesiosc
{quote} im sure you will remember this then....the year i was born..... {image}
2nd June 1971. UEFA Inter City Fairs Cup Final
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,776
  • Mar 9, 2019 10:09am Mar 9, 2019 10:09am
Quoting strat
{quote} 2nd June 1971. UEFA Inter City Fairs Cup Final
cool....they have had some interesting times over the years. its a shame they are where they are today though.

this is for everyone....

a while ago Aston Dan uploaded an excel file called DP.xls. he said that it was far from finished and that the person he uploaded for was welcome to adjust it how they pleased. well, with it being in the open thread and wanting to use it myself, i made a few adjustments to where i thought it better suited me and my BASIC PASR recording of trades. ill keep Dan's name and just add "BASIC PASR Journal" to it and maybe someone else might benefit from it too......

EDIT; btw. the 1st entry is my very 1st BASIC PASR trade. the other entries are Dan's. they should give an idea of what can be inputted....
Attached File(s)
File Type: xls DP BASIC PASR Journal.xls   43 KB | 557 downloads
If at first you don't succeed, try, try again.
  • #10,777
  • Mar 10, 2019 10:25am Mar 10, 2019 10:25am
Quoting strat
GBPUSD Ben and Terry, there is your Boss close {image}


Yes, the Boss has now a confirmed swing high, although still within the existing WCC. So now to see if it has legs enough to at least get to the bottom of the WCC and potentially further. We also have a second close down within the shadow at BRN 1.3000 so pretty solid support in this area.
  • #10,778
  • Mar 10, 2019 11:27am Mar 10, 2019 11:27am
Hiya-

i wanted to share my view of USDJPY from last week - let me know what you think.

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https://docs.google.com/spreadsheets...it?usp=sharing
  • #10,779
  • Edited 2:00pm Mar 10, 2019 1:33pm | Edited 2:00pm
Quoting dashurry
Hiya- i wanted to share my view of USDJPY from last week - let me know what you think. {image} https://docs.google.com/spreadsheets...it?usp=sharing
Hi dashurry,

it is always better to include your charts in your post, not only in the spreadsheet - also to see your S/R and what is shown on your charts.

I have USDJPY on my list as tradable pairs for next week - but we need to wait for bullish PA so that ... "We trade the Worker in the direction of the PRIMARY TREND - nothing else."

Don't take my analysis to serious. I just read a lot over the weekend about Basic PASR and I kinda feel like I had an "AHA"-moment regarding seeing long term, stress free set ups on the Worker and above. But we will see what others comment.

Big Boss
Ranging between 104.7 and 114.50. Price supported by Strat Shadow. Big Boss Swing is UP.

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Boss
PRIMARY TREND UP. Price supported by (flat) Strat Shadow.
Boss Trend in confluence with Big Boss.
Edit: WCC active (since two weeks)

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Worker
Price supported by EMA200, and positive Strat Shadow.
Wait for PA in direction of PRIMARY Trend, but be aware of the next SR at 111.37ish.

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So for me, Big Boss and Boss are aligned. When Worker shows a good entry I am in.
Accept the risk!
  • #10,780
  • Edited 2:07pm Mar 10, 2019 1:55pm | Edited 2:07pm
GBPNZD Pre CW11 Analysis

Big Boss
Range between 1.975 and 1.81.
Swing UP.
Attached Image (click to enlarge)
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Boss
PRIMARY Trend is UP. Flat Strat Shadow.
WCC active (2 weeks including this one).
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Worker
Price supported by Strat Shadow bottom and SR 1.911ish.
Wait for PA in direction of PRIMARY Trend.
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How about someone else doing another analysis? I have GBPAUD, GBPCAD, CADJPY and AUDJPY as well on my watchlist for next week (I analyzed only the first 11 Pairs without CHF of strat's volatility list). Very calm on the thread currently.

(Hint: As you might have seen in my charts - I am currently in a H4 short trade, which is counter trend cause Big Boss is Up (Weekly) and Boss is Down (Daily) therefore they are not aligned - I realized it just after I spent my weekend reading a lot about Basic PASR.)
Accept the risk!
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