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Strat's PASR Long Term, Stress Free Trading

  • #11,541
  • May 15, 2019 12:40pm May 15, 2019 12:40pm
Quoting JCMPete
GbpUsd Bond or not? Regards Pete {image}
i think, regardless. if you can tolerate the 70ish pips stop and accept a 1:1 R:R. id be interested in that if it was a shorter TF.
If at first you don't succeed, try, try again.
  • #11,542
  • May 15, 2019 12:41pm May 15, 2019 12:41pm
GbpUsd Analysis:

Price currently at bottom of WCC support. I'll be watching the Boss and Worker closes closely.

Regards
Pete
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  • #11,543
  • May 15, 2019 2:56pm May 15, 2019 2:56pm
Quoting JCMPete
GbpUsd Bond or not? Regards Pete {image}
As Alesiosc said, might be a good hammer, but the risk to reward isn't there for me.
  • #11,544
  • May 16, 2019 12:58am May 16, 2019 12:58am
i so much like your tading style, i'm new in trading and so hungry to learn,i like your philosophy and it seems like the best with out any indicators that can mislead or confuse you more and more.please can you mentor me or direct me where i can learn more about PASR. you can as well send an e-book or pdf if any.thanks for your effort.
  • #11,545
  • May 16, 2019 2:10am May 16, 2019 2:10am
Quoting bitcoin-king
i so much like your tading style, i'm new in trading and so hungry to learn,i like your philosophy and it seems like the best with out any indicators that can mislead or confuse you more and more.please can you mentor me or direct me where i can learn more about PASR. you can as well send an e-book or pdf if any.thanks for your effort.
welcome
start reading both threads over and over
you will be busy for the next 3-5 years
  • #11,546
  • May 16, 2019 2:30am May 16, 2019 2:30am
Quoting bitcoin-king
i so much like your tading style, i'm new in trading and so hungry to learn,i like your philosophy and it seems like the best with out any indicators that can mislead or confuse you more and more.please can you mentor me or direct me where i can learn more about PASR. you can as well send an e-book or pdf if any.thanks for your effort.
All what bistolis said +

1. open charts and practice drawing SR lines, delete them and do that again and again everyday
2. observe how price reacts around those areas on different TF
3. learn using Power of the Timeframes
4. take F12 practice
5. share your point of view and others will help you

You need to be like athlete. Train your brain hard and you'll see results.
  • #11,547
  • May 16, 2019 2:58am May 16, 2019 2:58am
Just watched GBPNZD drop like a rock over the last couple of hours. There was a entry right off previous resistance, trendline, etc. etc. and I didn't take it.

Starting to think it's time to walk away, at least for awhile.
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  • #11,548
  • May 16, 2019 3:26am May 16, 2019 3:26am
Quoting Alesiosc
{quote} i think, regardless. if you can tolerate the 70ish pips stop and accept a 1:1 R:R. id be interested in that if it was a shorter TF.
Good point, thank you!

Pete
  • #11,549
  • May 16, 2019 3:28am May 16, 2019 3:28am
Quoting Rub
{quote} As Alesiosc said, might be a good hammer, but the risk to reward isn't there for me.
Noted...thanks Rub

Pete
  • #11,550
  • May 16, 2019 3:32am May 16, 2019 3:32am
Quoting Rub
Just watched GBPNZD drop like a rock over the last couple of hours. There was a entry right off previous resistance, trendline, etc. etc. and I didn't take it. Starting to think it's time to walk away, at least for awhile. {image}
Why? Was it too late when you saw it go down?
  • #11,551
  • May 16, 2019 4:01am May 16, 2019 4:01am
Quoting JCMPete
GbpUsd Analysis: Price currently at bottom of WCC support. I'll be watching the Boss and Worker closes closely. Regards Pete {image}
Are you thinking about a move down there?
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  • #11,552
  • May 16, 2019 4:05am May 16, 2019 4:05am
Good job folks,
cannot say much to long timeframes I do not trade them for now

Trend trading for now, done for today

Stay humble

Green pips to all

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  • #11,553
  • May 16, 2019 4:10am May 16, 2019 4:10am
Quoting Szpons
{quote} Why? Was it too late when you saw it go down?
No I saw the signal, and just didn't put the trade in, even though it was blinding obvious.
  • #11,554
  • May 16, 2019 4:18am May 16, 2019 4:18am
Quoting Rub
{quote} No I saw the signal, and just didn't put the trade in, even though it was blinding obvious.
From my perspective it was good call, it was before London open at GPB has often fake movements before London open, especially 1 hour before, but this PA was really clean and nice, and you could see it after 1-2-3 correction (bull trap) that bears stepped in and took control over price,closed below strat shadow and PRICE went down to support
  • #11,555
  • May 16, 2019 4:21am May 16, 2019 4:21am
Quoting Rub
{quote} No I saw the signal, and just didn't put the trade in, even though it was blinding obvious.
And screen to illustrate it

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  • #11,556
  • May 16, 2019 4:25am May 16, 2019 4:25am
Quoting Rub
{quote} No I saw the signal, and just didn't put the trade in, even though it was blinding obvious.
Rub, I humbly suggest you get hold of the e-book for TITZ and listen to it over and over again. Over time I'm sure some of the points will sink in.

My work has been taking me to Gatwick, Heathrow and Luton recently and on the 3 and 4 hour drives back to Manchester I've been listening to the book. Given it is 8hrs long the return journey comes in handy. I cant say I have grasped anything 100% but I just know there is stuff in here that I can benefit from. Dont just give it a once over, give some time Rub
If at first you don't succeed, try, try again.
  • #11,557
  • May 16, 2019 6:28am May 16, 2019 6:28am
Quoting Mhons
Good job folks, cannot say much to long timeframes I do not trade them for now Trend trading for now, done for today Stay humble Green pips to all {image}
Broke rules for today and traded also late London session, but when you see this smooth PA you have to pull the trigger, but now really stopped to prevent overtrading (walking on water) because emotions are so high



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  • #11,558
  • May 17, 2019 3:49am May 17, 2019 3:49am
Quoting Mhons
{quote} Broke rules for today and traded also late London session, but when you see this smooth PA you have to pull the trigger, but now really stopped to prevent overtrading (walking on water) because emotions are so high {image}
Hello all,
last trade for this week, leaving for the weekend.

Green pips to all

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  • #11,559
  • Edited 9:23am May 17, 2019 7:25am | Edited 9:23am
Does anyone have any experience with Trade Explorer.

EDIT: just wondering if id be wasting my time setting it up or could it be benficial combined with .xl or is it just like the reports offered in metatrader 4.

thanks
If at first you don't succeed, try, try again.
  • #11,560
  • May 17, 2019 9:31am May 17, 2019 9:31am
Quoting Szpons
{quote} Are you thinking about a move down there? {image}
Yes, That is exactly what I am thinking about...Weekly close if it stays on tracks bodes well for a downward break

Regards
Pete
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