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Strat's PASR Long Term, Stress Free Trading

  • #11,681
  • Jun 5, 2019 6:26am Jun 5, 2019 6:26am
Quoting Szpons
{quote} 1350 to break now {image}
You're long..?
"What would you attempt to do, if you knew your success was a certainty?"
  • #11,682
  • Jun 5, 2019 6:27am Jun 5, 2019 6:27am
Quoting raamaka
are there any special settings to get the charts filled like you guys?? {image}
hi raamaka. if you start at the beginning of the thread and start reading, you will come across the accurate settings you are looking for.....and.. its also a good idea
If at first you don't succeed, try, try again.
  • #11,683
  • Jun 5, 2019 7:18am Jun 5, 2019 7:18am
Quoting Fxentropy
{quote} You're long..?
Yes,

Commodities I only trade long.
ETF's at support and CFD's if PA is like this one
  • #11,684
  • Jun 5, 2019 7:39am Jun 5, 2019 7:39am
Quoting Szpons
{quote} Yes, Commodities I only trade long. ETF's at support and CFD's if PA is like this one
I'm Zorro...up and down and diagonally .. hehe
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"What would you attempt to do, if you knew your success was a certainty?"
  • #11,685
  • Jun 6, 2019 2:30am Jun 6, 2019 2:30am
Sunny day in Czech republic, took early move and out

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  • #11,686
  • Jun 6, 2019 2:45am Jun 6, 2019 2:45am
Quoting Mhons
Sunny day in Czech republic, took early move and out {image}
nice, not as sunny here in Bratislava
  • #11,687
  • Jun 6, 2019 5:03am Jun 6, 2019 5:03am
Quoting bistolis
{quote} nice, not as sunny here in Bratislava
Same in Lyon
"What would you attempt to do, if you knew your success was a certainty?"
  • #11,688
  • Jun 6, 2019 6:52am Jun 6, 2019 6:52am
GOLD
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"What would you attempt to do, if you knew your success was a certainty?"
  • #11,689
  • Jun 6, 2019 7:19am Jun 6, 2019 7:19am
Quoting Mhons
Sunny day in Czech republic, took early move and out {image}
Manchester is sunny today. 18C and its a heatwave.....still, we enjoy it while it lasts.....
If at first you don't succeed, try, try again.
  • #11,690
  • Jun 6, 2019 7:51am Jun 6, 2019 7:51am
Cable more than strange today ... who could see that it was going up more after that pinbar that made me close the trade manually? Really hard to see what is going on during past weeks, since it is often doing the opposite of what it looks like or just chops. Still adapting to the new situation, reading the thread a third time to see how Strat dealt with it ...
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Fix up, trade sharp ...
  • #11,691
  • Jun 6, 2019 8:13am Jun 6, 2019 8:13am
Quoting Hickson
Cable more than strange today ... who could see that it was going up more after that pinbar that made me close the trade manually? Really hard to see what is going on during past weeks, since it is often doing the opposite of what it looks like or just chops. Still adapting to the new situation, reading the thread a third time to see how Strat dealt with it ... {image}
how big is your stop when you enter at that spot, and why were you still in the trade after it barely was breakeven after 2 hours or so?
Try the 200EMA and you will see a different picture

how confident are you when you look at M15 at the point of your entry ?
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  • #11,692
  • Jun 6, 2019 8:22am Jun 6, 2019 8:22am
Quoting bistolis
{quote} how big is your stop when you enter at that spot, and why were you still in the trade after it barely was breakeven after 2 hours or so? Try the 200EMA and you will see a different picture how confident are you when you look at M15 at the point of your entry ? {image}
Valid questions. SL was 15 pips, so almost out at the lows already. I was away from the computer due to other obligations ... Generally trading M5 needs more attention. M15 had a close above the 20, but with the wick it was not optimal. The fast push after the H1 lower low was most tempting at that time. Checking the 200 EMA it looks pretty flat, in accordance with the ping pong we have seen today...
Fix up, trade sharp ...
  • #11,693
  • Jun 6, 2019 10:01am Jun 6, 2019 10:01am
GBP/JPY +53.5pips
missed entry up at .70,, so entered for better avg once price returned to level.. targetting .50 but closed on stall.. ended up making it
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  • #11,694
  • Jun 6, 2019 10:33am Jun 6, 2019 10:33am
Quoting Fredrik7
GBP/JPY +53.5pips missed entry up at .70,, so entered for better avg once price returned to level.. targetting .50 but closed on stall.. ended up making it {image}
the better average will cost you alot of money
  • #11,695
  • Jun 6, 2019 10:56am Jun 6, 2019 10:56am
hi guys. been keeping out of the limelight a little. managed to blow 3 accounts in the last 3 or 4 months. albeit £50 accounts but that could have been anything. anyway, ive been following Strat's advice and just looking for opportunities on the daily TF. i have not been having the greatest of success using the Strat Shadow so i have reverted back to Strat's original PASR settings. i have also changed the colours on my chart to help those who struggle with older eyes and to help with printing. i do have confidence in this trade though and would love to hear any feed back.
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If at first you don't succeed, try, try again.
  • #11,696
  • Jun 6, 2019 11:12am Jun 6, 2019 11:12am
Quoting Alesiosc
hi guys. been keeping out of the limelight a little. managed to blow 3 accounts in the last 3 or 4 months. albeit £50 accounts but that could have been anything. anyway, ive been following Strat's advice and just looking for opportunities on the daily TF. i have not been having the greatest of success using the Strat Shadow so i have reverted back to Strat's original PASR settings. i have also changed the colours on my chart to help those who struggle with older eyes and to help with printing. i do have confidence in this trade though and would...
You will blow a 50 account on the daily with one trade using 0.01 size fairly easily.
price is inside the shadow right now and you are expecting I guess for it to retrace.
This is how it looks with the shadow
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  • #11,697
  • Jun 6, 2019 11:17am Jun 6, 2019 11:17am
Quoting bistolis
{quote} the better average will cost you alot of money
I appreciate your worry friend haha, I understand the risk of Avging in, because I missed the better entry at the top I didn't enter with full lot size,, I had a plan for exit etc, worst case I would have lost my pre defined risk regardless if I averged in or not always learning though and happy to learn more from you here
  • #11,698
  • Jun 6, 2019 12:38pm Jun 6, 2019 12:38pm
Quoting bistolis
{quote} You will blow a 50 account on the daily with one trade using 0.01 size fairly easily. price is inside the shadow right now and you are expecting I guess for it to retrace. This is how it looks with the shadow {image}
they are micro accounts.

looking at it again i see i should have waited for a confirmed swing high before going ahead with this trade. that would have been the right thing to do i think. its just a Basic PASR trade with 2 lots and 2 take profits, 1st, Minor Support & 2nd, Major Support.

please bistolis, explain to me what you see in and around the shaded area of your chart with regards to the shadow as i see things but feel i need a definitive explanation as i havent come across one in the first 650 pages.....

Cheers.....
If at first you don't succeed, try, try again.
  • #11,699
  • Jun 7, 2019 4:38am Jun 7, 2019 4:38am
Quoting Alesiosc
{quote} they are micro accounts. looking at it again i see i should have waited for a confirmed swing high before going ahead with this trade. that would have been the right thing to do i think. its just a Basic PASR trade with 2 lots and 2 take profits, 1st, Minor Support & 2nd, Major Support. please bistolis, explain to me what you see in and around the shaded area of your chart with regards to the shadow as i see things but feel i need a definitive explanation as i havent come across one in the first 650 pages..... Cheers.....
Price is in between the ema's that are part of the shadow. the box is the weekly control candle (unless this week closes outside)
you have 1 higher low and still up to that point price is moving higher.
that shooting star is not convincing for me. maybe the short is fine , but maybe you entered too early.
If this was a M5 chart I wouldnt sell there. It just doesnt feel right to me. I would pass this one
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By the way the moving averages on your chart are not exponential. Why dont you just use the templates/indicators shared throughout the thread
  • #11,700
  • Jun 7, 2019 5:00am Jun 7, 2019 5:00am
Friday Motivation

The requirement for a pilot to obtain an FAA Airline Transport Pilot certificate is 1500 hours. Trading successfully requires a min. double of that if not more ... HOW MANY HAVE YOU?
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"What would you attempt to do, if you knew your success was a certainty?"
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