Strat's PASR Long Term, Stress Free Trading | Page 598 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MY PASR journey Based on Strat's PASR Trading 76 replies

M5 PASR Trend Trading Strat 95 replies

My PASR Trend Trading Journals 3 replies

A young trader's road to profitability - PASR trading - Live 11 replies

Fibs trading and PASR 0 replies

Attachments: Strat's PASR Long Term, Stress Free Trading
Exit Attachments

Strat's PASR Long Term, Stress Free Trading

  • #11,941
  • Jul 21, 2019 10:06am Jul 21, 2019 10:06am
Quoting JCMPete
{quote} Strat also said to ignore harmionics, volume, etc as all his tests could not prove rhem to be of any value. Price Action at Support Resistance is what it is all about... Regards Pete
thanks Pete....i obviously havent reached that point in the thread yet then.....
Cheers.....
If at first you don't succeed, try, try again.
  • #11,942
  • Jul 21, 2019 2:01pm Jul 21, 2019 2:01pm
Quoting stc25
{quote}

With all respect of Strat's PASR, I would recommend to read and understand whole story first, the template and etc. will jump up to you.
  • #11,943
  • Jul 21, 2019 10:29pm Jul 21, 2019 10:29pm
Quoting wtjfree
{quote} With all respect of Strat's PASR, I would recommend to read and understand whole story first, the template and etc. will jump up to you.
Thanks wt. It's a slow process and I'm taking small steps but happy with the 2 steps forward, 1 step back I'm making. Cheers....
If at first you don't succeed, try, try again.
  • #11,944
  • Jul 22, 2019 12:16am Jul 22, 2019 12:16am
Quoting w261713
Big Boss down Boss up attack weak, two consecutive cross stars, last week Beeb Worker 7.16 tested the low point of the previous period. Some buyers began to enter the field. 7.17 buyers tried to push up the price and encountered resistance from the Japanese map. 7.18 BEEB sellers pushed the price down and the candles closed below the SR. The SR line is drawn with the arrow and the candle close, and enters below the front support. Is that the right Strat stress-free deal? {image} {image} {image}
While I do think the EUR is weak, strat has said many times to avoid the CHF pairs. Their central bank like to jump in too much for us to be safe trading those pairs.

Quoting Alesiosc
{quote} {quote} i dont know iof anyone remembers Strat mentioned he only uses Momentum, PA, Exhaustion, S&R, Harmonics and i think he had Volume in there aswell which he obviously doesnt use anymore.....the reason i ask is, after nearly reaching the 700 page mark on the 1st thread, i really cant remember see much about Harmonics.....it just doesnt seem to be discussed in any length unless it has further on....well ive been playing with some harmonic patterns recently and came across an absolutely huge bullish pattern on the GBPCAD weekly which starts...

Pretty confident in saying focus on basic PASR until you're consistent, then look at stuff like that. Having a base level of profitability before exploreing sounds like a good idea to me!
  • #11,945
  • Jul 22, 2019 10:18am Jul 22, 2019 10:18am
The Pivot Point System is pretty nice to be stress free. Usage of pivot points has been done through the ages by floor traders as it gave them an easy method to obtain an idea of where the markets are headed on any given day utilizing a few simple calculations. The pivot points and the support and resistance levels calculated from them are known as pivot levels.
They work simply because many individual traders and investors use and trust them, as well as bank and institutional traders. It is known to every trader that the pivot point is an important measure of strength and weakness of any market.
The high, low and close of a market on a daily basis is the data that is used to find out the daily pivot points. The market opening and the pivot point can determine the type of trading to be expected for the day. If the opening of the market is above the pivot point then you can expect a day of long trades and if it opens below the pivot point then the bias is towards short trades.
  • #11,946
  • Jul 22, 2019 11:00am Jul 22, 2019 11:00am
Quoting Infassen
The Pivot Point System is pretty nice to be stress free. Usage of pivot points .
Hi Infassen, thanks but please keep the posts on topic with the purpose and specific focus of this thread which is to learn how to use PASR to trade the markets. Studies of indicators detract from this purpose.

Pete
  • #11,947
  • Jul 22, 2019 11:04am Jul 22, 2019 11:04am
All traders are looking for a stress free trading method they can use to make money from the markets. Whilst this method does exist it’s success depends more on the personality traits of the trader, rather than the trading strategy they plan to use. Position trading is where all of your trades are placed on the higher time-frames charts rather than the lower time frame charts. This type of trading is most commonly used by traders who have day jobs as their unable to be in front of the computer all day watching their trades. The main one being the trader who plans to start position trading. If you happen to be someone who is impatient, then transitioning from trading lower time frames to trading higher time frames is going to be difficult process for you.
  • #11,948
  • Jul 22, 2019 11:07am Jul 22, 2019 11:07am
The strategy is stress free.
The Main Strategy
BUY
1. Wait for Stochastic Main and Signal line entering area 0-20
2. Wait for MACD histogram bars are above signal line, must have an angulation between histogram and signal line. Further explanation are below.
3. If price is above 50 EMA, take the trade.
4. Place stop loss in last swing low (give some space about 50 pips from the swing)
SELL
1. Wait for Stochastic Main and Signal line entering area 80-100
2. Wait for MACD histogram bars are below signal line, and must have an angulation between histogram bars and signal line. See further explanation for angulation.
3. If the price below 50 EMA, take the trade.
4. Place stop loss in last swing high (also give some space about 50 pips from the swing)
  • #11,949
  • Jul 22, 2019 12:14pm Jul 22, 2019 12:14pm
Quoting Eredribaen
The strategy is stress free. The Main Strategy BUY 1. Wait for Stochastic Main and Signal line entering area 0-20 2. Wait for MACD histogram bars are above signal line, must have an angulation between histogram and signal line. Further explanation are below. 3. If price is above 50 EMA, take the trade. 4. Place stop loss in last swing low (give some space about 50 pips from the swing) SELL 1. Wait for Stochastic Main and Signal line entering area 80-100 2. Wait for MACD histogram bars are below signal line, and must have an angulation between histogram...
You posted in the wrong thread. This is Strat's Price Action at Support and Resistance. no indicators needed, wanted or allowed.
  • #11,950
  • Jul 22, 2019 1:50pm Jul 22, 2019 1:50pm
Quoting Eredribaen
The strategy is stress free. The Main Strategy BUY 1. Wait for Stochastic Main and Signal line entering area 0-20 2. Wait for MACD histogram bars are above signal line, must have an angulation between histogram and signal line. Further explanation are below. 3. If price is above 50 EMA, take the trade. 4. Place stop loss in last swing low (give some space about 50 pips from the swing) SELL 1. Wait for Stochastic Main and Signal line entering area 80-100 2. Wait for MACD histogram bars are below signal line, and must have an angulation between histogram...
Quoting 7Shun
All traders are looking for a stress free trading method they can use to make money from the markets. Whilst this method does exist it’s success depends more on the personality traits of the trader, rather than the trading strategy they plan to use. Position trading is where all of your trades are placed on the higher time-frames charts rather than the lower time frame charts. This type of trading is most commonly used by traders who have day jobs as their unable to be in front of the computer all day watching their trades. The main one being the...
Quoting Infassen
The Pivot Point System is pretty nice to be stress free. Usage of pivot points has been done through the ages by floor traders as it gave them an easy method to obtain an idea of where the markets are headed on any given day utilizing a few simple calculations. The pivot points and the support and resistance levels calculated from them are known as pivot levels. They work simply because many individual traders and investors use and trust them, as well as bank and institutional traders. It is known to every trader that the pivot point is an important...
cool stories
  • #11,951
  • Jul 22, 2019 3:46pm Jul 22, 2019 3:46pm
Quoting bistolis
{quote} {quote} {quote} cool stories
Hahahaha they are funny.
  • #11,952
  • Jul 22, 2019 9:32pm Jul 22, 2019 9:32pm
Quoting Alesiosc
{quote} thanks Pete....i obviously havent reached that point in the thread yet then..... Cheers.....
Hi Alesiosc

Just keepon reading and studying, you will get there. Just remember Strat said less is more when it come to trading. Also remember Dr Joe's approach to tradingand lastly, a review of this post in the old thread may be of value as well to get focus on Strat's approach to trading.

ROCK N ROLL ANATOMY OF A STRAT TRADE - EURJPY - POST 1302

Regards
Pete
  • #11,953
  • Jul 22, 2019 10:27pm Jul 22, 2019 10:27pm
Eur/Gbp Analysis

Boss train approaching station?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 98 KB
Click to Enlarge Name: Screenshot2.png Size: 101 KB
  • #11,954
  • Jul 22, 2019 10:41pm Jul 22, 2019 10:41pm
Quoting bistolis
{quote} {quote} {quote} cool stories
OMG, they have stochs, MACD's, Pivots, Convergences, Confluences, Angulators, Aligators, Histograms
And we here what? Some sticks and rocks glued together

Anyway, those 3 accounts are spreading their mess across multiple threads:
Attached Image
  • #11,955
  • Jul 22, 2019 10:42pm Jul 22, 2019 10:42pm
Quoting JCMPete
{quote} Hi Terry View of the Worker at this level...i agree with your analysis. Regards Pete {image}
Worker has pulled into station. Lets see where the Boss ends this week...

Regards
Pete
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 107 KB
Click to Enlarge Name: Screenshot2.png Size: 94 KB
  • #11,956
  • Jul 22, 2019 11:17pm Jul 22, 2019 11:17pm
Quoting Eredribaen
The strategy is stress free. The Main Strategy BUY 1. Wait for Stochastic Main and Signal line entering area 0-20 2. Wait for MACD histogram bars are above signal line, must have an angulation between histogram and signal line. Further explanation are below. 3. If price is above 50 EMA, take the trade. 4. Place stop loss in last swing low (give some space about 50 pips from the swing) SELL 1. Wait for Stochastic Main and Signal line entering area 80-100 2. Wait for MACD histogram bars are below signal line, and must have an angulation between histogram...

Wrong thread
  • #11,957
  • Jul 22, 2019 11:23pm Jul 22, 2019 11:23pm
Nobody cares about indicators here, go away and try to get rich somewhere else.

Anyway why should we take care about some indicators THAT ARE CALCULATED from PRICE and indicators are ALWAYS DELAYED.

Back to topic, BASIC PASR at indicies

Attached Image (click to enlarge)
Click to Enlarge Name: UsaIndH4.png Size: 16 KB


Indicator fools

MH
  • #11,958
  • Jul 23, 2019 4:34am Jul 23, 2019 4:34am
I'm done for today.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 51 KB
  • #11,959
  • Jul 24, 2019 12:03am Jul 24, 2019 12:03am
Ok Boys and Girls. I had a light bulb moment yesterday. In fact, I'd be better calling it a lightning bolt moment. I have know found the Footprints Strat is always talking about. I'm not sure whether to say as going along with Strat's philosophy of not spoon feeding the thread, I would need some clarification from Strat before I lay it out on here. Like Strat says. It's so simple, but I understand now why he makes us find it ourselves.

Please Strat, give me or deny me permission to tell.......
If at first you don't succeed, try, try again.
  • #11,960
  • Jul 24, 2019 12:09am Jul 24, 2019 12:09am
Quoting Alesiosc
Ok Boys and Girls. I had a light bulb moment yesterday. In fact, I'd be better calling it a lightning bolt moment. I have know found the Footprints Strat is always talking about. I'm not sure whether to say as going along with Strat's philosophy of not spoon feeding the thread, I would need some clarification from Strat before I lay it out on here. Like Strat says. It's so simple, but I understand now why he makes us find it ourselves. Please Strat, give me or deny me permission to tell.......
In case you didn't already, find some trading buddies and talk about things like that daily. It will boost your learning
Here some nice reading material for the slow days of August
Attached File(s)
File Type: zip Atomic Habits by James Clear.zip   4.5 MB | 970 downloads

have fun
4 traders viewing now