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Strat's PASR Long Term, Stress Free Trading

  • #11,761
  • Edited 1:50pm Jun 14, 2019 11:08am | Edited 1:50pm
Quoting Corinna
I wonder Strat has abandon this ship? Corinna
Quoting tommyFL
{quote} Then we need to pst more pasr charts ourselves! I just moved to live, small lots only, to get the psychological experience of trading. I knew I wasn't being completely honest with myself on demo - it's far too easy to close the wrong trade there!
<Then we need to post more pasr charts ourselves!>

Quoting Suran
{quote} Yes ,agreed. It is US who should be blamed for this. We should participate more . I am pretty sure that's why Strat took a step back. So I will participate bit more. Suranga
<Yes ,agreed. It is US who should be blamed for this. We should participate more >
15 YEARS OF PASR ON FOREX FACTORY!
  • #11,762
  • Jun 14, 2019 1:18pm Jun 14, 2019 1:18pm
And with that.. EURJPY:

BB: Downtrend, HH & LL, MAs had crossed, under the E200:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYMonthly.png Size: 39 KB


B: Downtrend, however there had been a touch off the 120.9ish support back in December, plus there was a bounce off the same level over the last two weeks. But:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYWeekly.png Size: 40 KB


W: There was a shooting star with a touch off resistance, on the 11th, with confirmation the following day that closed under the shadow, that prompted me to go short early on the 13th:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 37 KB


I'm trying to avoid over analyzing at the moment.
  • #11,763
  • Jun 14, 2019 11:15pm Jun 14, 2019 11:15pm
Quoting strat
{quote} {quote} <Then we need to post more pasr charts ourselves!> {quote} <Yes ,agreed. It is US who should be blamed for this. We should participate more >
Ha ha, at least we know that you are still watching over us. Thank you Strat.

Regards,
Chiew
  • #11,764
  • Jun 15, 2019 2:26am Jun 15, 2019 2:26am
Quoting Szpons
{quote} Target reached, trade close {image}
if you dont mind me asking Szpons, where were your entries and exits.
If at first you don't succeed, try, try again.
  • #11,765
  • Jun 15, 2019 2:34am Jun 15, 2019 2:34am
Quoting Alesiosc
ive been trying the 15m as ive been getting slaughtered on the 5m & 1m as always. open to criticism..... Cheers {image}
just a continuation of this post which i forgot to complete. saw Strat's post and this reminded me i need to put more time in. not only to the forum but to my trading aswell......

Cheers Strat
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15-2.png Size: 69 KB
If at first you don't succeed, try, try again.
  • #11,766
  • Jun 15, 2019 3:02am Jun 15, 2019 3:02am
Quoting bistolis
{quote} I dont add that much . i usually have 1-5 microlots and I try to add all of them along the way. The learning process never stops. Just keep on studying and taking trades while watching the price jump up and down and all around. It will get easier after a while. and honestly you need to understand that you WILL go through all the steps (go back and read them on page one) and be honest with yourself on which step you are. I am still struggling with 3 and 4. Not even close to 5
yes bistolis.....100%, i have left Step 2 behind for good. going through Step 3, i have just found exactly, to the last couple of months, where i am in Step 3.....

"Knowing that it is now YOU who is responsible for your profitability and not the system or method, you find one of your systems or methods that has a good record of winning and you feel comfortable with and FOCUS 100% on it upside down and inside out until you completely UNDERSTAND it. You FINALLY stop looking at other threads and systems because now you HAVE found the HOLY GRAIL which YOU now know is who stares back at you when you look in the mirror. Then, you paper trade it because you know that Broker demos are highly manipulated and encourage you to win. Then you move onto trading LIVE with your REAL, hard earned money. You don’t get angry when you lose because you know it is just the cost of doing Business. You now know your method so well that if you exercise correct Money Management practices your winners will be much greater than your losers."


"EDIT: "FOCUS 100% on it upside down and inside out until you completely UNDERSTAND"

im not saying i fully understand it yet btw....
If at first you don't succeed, try, try again.
  • #11,767
  • Jun 15, 2019 3:44am Jun 15, 2019 3:44am
Quoting Alesiosc
{quote} just a continuation of this post which i forgot to complete. saw Strat's post and this reminded me i need to put more time in. not only to the forum but to my trading aswell...... Cheers Strat {image}
You have 15 +33 profit to begin with and price gives you 60 at the bottom (which is the top of WCC as well). instead you let that pass, you dont close at 50pips (which is half of ADR) not even 30 , but all the way back to your entry.
well dont do that
I guess you let it run on its own overnight, in which case it is not anymore M15 based but "set and forget". that strategy doesnt work very well
  • #11,768
  • Jun 15, 2019 4:44am Jun 15, 2019 4:44am
Quoting Alesiosc
{quote} if you dont mind me asking Szpons, where were your entries and exits.
Everything is on the chart, 1 entry 1 exit. All managed on Daily.
Attached Image
  • #11,769
  • Jun 15, 2019 5:35am Jun 15, 2019 5:35am
Quoting Szpons
{quote} Everything is on the chart, 1 entry 1 exit. All managed on Daily. {image}
im sorry Szpons. these lines are tiny. its a shame there is no adjustment to make the lines and arrows bigger. i see now....
If at first you don't succeed, try, try again.
  • #11,770
  • Jun 15, 2019 5:47am Jun 15, 2019 5:47am
Quoting bistolis
{quote}I guess you let it run on its own overnight, in which case it is not anymore M15 based but "set and forget". that strategy doesnt work very well
i did exactly that....and yes, i see now i missed out on pips. i should have closed at next support or even 1.7149. i think i had in my head at the time, i caught a possible trend and with me creating a "free trade" it was worth me leaving to see if the trend continued. would you say that this was not the correct thing to do.....

i have to state for the record, just so you have an idea of my knowledge of PASR. i am now only on page 660 of the 1st thread.
If at first you don't succeed, try, try again.
  • #11,771
  • Jun 15, 2019 10:58am Jun 15, 2019 10:58am
Quoting Alesiosc
{quote} just trying to jump the gun in my learning process....
just trying to jump the gun in my learning process

And that is the ROOT cause of ALL your problems - there is NO SHORTCUT to learning 3 to 5 year's trading experience!
15 YEARS OF PASR ON FOREX FACTORY!
  • #11,772
  • Jun 15, 2019 11:19am Jun 15, 2019 11:19am
Quoting strat
{quote} just trying to jump the gun in my learning process And that is the ROOT cause of ALL your problems - there is NO SHORTCUT to learning 3 to 5 year's trading experience!
im trying Strat, but making slow progress. in fact, i feel myself going backwards sometimes.

i managed to slow myself down some, and i seem to be able to excercise my discipline much better. its not showing in my results yet though.....

nice to see you again anyway. i can only speak for myself but the joy your first post, above, brought to me, was full of all sorts of positive vibes. "happiness, encouragement, delight, peace of mind, theres just a few. glad to see you are here. hope all is well.....
If at first you don't succeed, try, try again.
  • #11,773
  • Jun 15, 2019 12:44pm Jun 15, 2019 12:44pm
I have just passed my three year anniversary in April of this year with Strat and still learning. I have been looking mainly at the higher time frames for the past several months and things are starting to improve as I am showing positive returns.

When I seen an opportunity to trade a pair on the worker, I look for a better entry on the lower time frame. Depending on speed of the move, I will decide to take my profits on the H1 or H4 and close the trade rather than go into drawdown. In other cases I will let the trade run on the worker until a significant S/R level is hit.

Here is a trade I took on Thursday on EURJPY:
Entry was on the H1 at its 200ema and I was planning to close at the WCC bottom.
On Friday price lined out and I was not expecting further move before the weekend so I closed on the H1 for a profit of 55 pips.

I tried to include a screenshot of my trade but for some reason I can't upload, not sure why.
So the details are:
Entry 122.38
Closed at 121.83
  • #11,774
  • Jun 16, 2019 8:23am Jun 16, 2019 8:23am
test
  • #11,775
  • Jun 16, 2019 8:37am Jun 16, 2019 8:37am
[quote = strat; 12331183] {quote}只是试图在我的学习过程中试图蹦极而这是你所有问题的根本原因 - 没有快速学习3至5年的交易经验！[/ quote]
Good evening! Good to see you again, Strat, because I'm in the Far East, and it's night. English is not my native language, so I'm sorry, I can only hope to communicate with you through translation software. I have read both of your posts, but there are still many ambiguities. I could not register. In the future study, Thank you very much., thank you!
  • #11,776
  • Jun 16, 2019 8:41pm Jun 16, 2019 8:41pm
Quoting w261713
[quote = strat; 12331183] {quote}只是试图在我的学习过程中试图蹦极而这是你所有问题的根本原因 - 没有快速学习3至5年的交易经验！[/ quote] Good evening! Good to see you again, Strat, because I'm in the Far East, and it's night. English is not my native language, so I'm sorry, I can only hope to communicate...
Hello,

Welcome to the thread! You should read all the posts in Strat's previous thread and then this thread. After that most of your ambiguities will fade away. About the registration. I believe you mentioning the registration for training . That registration and his private forum is now extinct. So forget about them and read through the thread.stating with previous thread. enjoy the journey

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #11,777
  • Jun 16, 2019 11:44pm Jun 16, 2019 11:44pm
Quoting TerryDawe
I have just passed my three year anniversary in April of this year with Strat and still learning. I have been looking mainly at the higher time frames for the past several months and things are starting to improve as I am showing positive returns. When I seen an opportunity to trade a pair on the worker, I look for a better entry on the lower time frame. Depending on speed of the move, I will decide to take my profits on the H1 or H4 and close the trade rather than go into drawdown. In other cases I will let the trade run on the worker until a significant...
Nice trade Terry. Price Action was nice across all timeframes. I will include your trade as screenshots for completeness.

D1:
Price rejected with a BEEB at Strat Shadow.
Strat Shadow has a nice downslope.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYD1.png Size: 127 KB


H4:
Price crossed the Strat Shadow after lots of bearish candles.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 117 KB


H1:
BEEB off the Strat Shadow. Down down down.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 136 KB
Accept the risk!
  • #11,778
  • Jun 17, 2019 5:33am Jun 17, 2019 5:33am
Quoting TerryDawe
I have just passed my three year anniversary in April of this year with Strat and still learning.
Congrats on the 3 years Terry. im at around 3 months at the moment. hope i am where you are after 3 years.....
If at first you don't succeed, try, try again.
  • #11,779
  • Jun 17, 2019 7:13am Jun 17, 2019 7:13am
Do you SEE how strat shadow replace trendlines?

Last trade before holidays, 4 weeks in Indonesia, so no trades, time to rest.

Thank you strat for all of this, I will pay it back in helping others.

Green pips to all

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 78 KB
  • #11,780
  • Jun 17, 2019 8:05am Jun 17, 2019 8:05am
Quoting Mhons
Do you SEE how strat shadow replace trendlines? Last trade before holidays, 4 weeks in Indonesia, so no trades, time to rest. Thank you strat for all of this, I will pay it back in helping others. Green pips to all {image}
happy holidays Mhons....Indonesia is beautiful.....
If at first you don't succeed, try, try again.
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