Strat's PASR Long Term, Stress Free Trading

Quoting strat

Disliked

GBPAUD M5 BASIC PASR {quote} the double bottom is clearly visible on M1 only, not so much on M5... Arno.................HOW MUCH clearer do YOU need it to be? It is SORE THUMB PASR on M5 and M15 - even my one legged, blind, deaf and dumb old man with asthma could SEE that! Worse still .................it is NOT as clear on M1 Back on THE PATH, Arno BEFORE you do MORE $ DAMAGE! {image} {image}

Ignored

Quoting darko2010

Disliked

{quote} OK, fair enough, but unless you have 30 years of trading, the double bottom is clearly visible on M1 only, not so much on M5... There are similar looking "double bottoms" that however continue in the direction of the trend, am I wrong? Not trying to argue but looking to learn. Now that I saw that, I am afraid I will see double bottoms everywhere in trends, no pun intended {image}

Ignored

Quoting bistolis

Disliked

{quote} Hi I am looking at it this way. You have the first big red candle stopping at 1 with no continuation and again at 2 a red candle and no continuation. And afterwards price retraces back a fair amount with a big green candle. For me this is not a healthy retracement to enter short {image}

Ignored

Quoting strat

Disliked

EURNZD M5 PASR Trend Trading {quote} UPDATE: {image}

Ignored

Quoting strat

Disliked

{quote} I was biased short.....since last week....and my brain havent did the reset over weekend i guess... That surprises me - I didn't think you would have a weekly bias I start each day with a NEUTRAL bias and let the currencies (Big Boys) show me THEIR bias.

Ignored

Quoting Plateaus

Disliked

{quote} Hi witowito, other people already gave you great answers, but as this is a point where I also had doubts I suggest you check Strat`s posts #10718 and #10710 on this thread. Most importantly, read from page one of original thread by Strat, you can find it at the first post of this thread) If my understanding is correct, M1/M5 boot camp (+ f12 exercise on other time frames) is for bettering your PASR skills, and is better done firstly on consolidation. I'm also at this stage, and the recommendation to learn basic PASR on a range is really...

Ignored

Quoting darko2010

Disliked

{quote} There was an article on FF today saying how better FX trading on Asian hours is. Having spent countless nights trying to trade FX, I can assure you it is a total waste of sleep and capital. No matter what happens during Asian hours is either going to fade on London time or price will revisit levels that will give traders who slept a good opportunity to take that same trade and with liquidity this time

Ignored

Quoting strat

Disliked

{quote} There was an article on FF today saying how better FX trading on Asian hours is. The old Arno is back! Arno, I have forgotten how many times I have posted that if YOU want to be profitable at trading you have to IGNORE all others - ALL talking heads wherever they are, and ESPECIALLY on public trading forums which are 99.9% full of people who LOSE!

Ignored

Quoting darko2010

Disliked

{quote} Strat, I think you misread my post... I was simply seconding your opinion and showing some scams on articles

Ignored

Quoting strat

Disliked

{quote} No, I didn't, Arno. You missed the point I was making ""STOP READING & LISTENING TO GOSSIP""

Ignored

Quoting Scrumy

Disliked

{quote} 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...

Ignored

Quoting strat

Disliked

GBPNZD {quote} Wait for PA in direction of PRIMARY Trend. Yes How about someone else doing another analysis? Yes Scrumy, 22.7 pips SPREAD - Get a new broker FAST! {image}

Ignored

Quoting dashurry

Disliked

{quote} OK Scrumy - about the Big Boss...for me the Price is between the 2MAs showing me price indecision but since the 50MA is above the 20MA and Price coming recently from under both MAs he is talking Bearish. Boss and Worker not aligned with Big Boss. {image} On monday it looked like a Doji and now we went back down to 50% of the last week candle but we opened with a gap. Could this be a weekly correction? lets see what happens. March 1. - i'm concerned about the price distance between MA20 band, 125,7 Pips difference between them, could this...

Ignored

Quoting witowito

Disliked

{quote} For the m5 bootcamp u need to look at H1 as big boss and m15 as boss? so u take the m5 as worker? or in this intraday move u just consider PA and the trend for that certain time frame and look for new higher high or lower low(down trend) as TP with stop loss below/above last swim? Sorry for my question i readed ur website but found that it was for weekly,daily. TF and now i see there is something new for m5 i guess. Thnks in advance for ur time and the lovely thread

Ignored

Quoting strat

Disliked

PASR {quote} You need to read, learn and UNDERSTAND my original PASR Long Term Stress Free thread first https://www.forexfactory.com/showthread.php?t=155459 Then practice, practice and practice as dashurry is doing and as Scrumy, JCMPete and others before them did. Then, when you have mastered that, start at the beginning of THIS thread and work your way through it to find the answers to your questions. There is NO SHORTCUT to learning PASR

Ignored

Quoting landax

Disliked

Hi traders Friends, I hope you had a good weekend, here is one of my analyses : GBPJPY BB: Is in a downward trend since January 2018. Price rejected resistance 148,500 five times in seven months. {image} B: Swing high is underway but not confirmed. Price has returned to the Stratshadow. Moreover, the price is stuck in a young WCC. {image} {image} W: The price found its support at 200 EMA, and also at 144,600 with a price that has fluctuated a lot on this level during the previous months. {image} H4: Price supported by the 200 EMA and at the bottom...

Ignored

Quoting landax

Disliked

I have been asking myself a question about money management for some time: It is often said that the big money lies in long-term time frame. However, if we always risk 1% in the long term as a short term, and we always take a risk: Reward of 1: 3 at least, the M5 pays as much as the daily? Because on M5, since the stop loss is very tight, the position size is bigger while the stop loss daily is wider so the position is smaller. Example: $30 is my risk of 1% of my trading account. On M5 for a stop loss at 10 Pips, I will take a position of 0.3. On...

Ignored