back to trading
Closed it because of leaving screen, but anyway it is good S/R level so pips are pips
Green pips to all
Closed it because of leaving screen, but anyway it is good S/R level so pips are pips
Green pips to all
1
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
Disliked{quote} Yes, I also took that EUR/JPY Hammer trade today. But I was too uncomfortable with that trade so I just closed it for small loss. May be just trade with the trend will do fine with me (I thought) SurangaIgnored
Disliked"Couple" of M1 Trades Today I did some M1 PASR practicing. Some exits could be improved. But overall made good profits. Some were loosers, but that is the cost of running a trading business . M1 comes with a big downside: commissions are quite high (compared to higher timeframes). EURAUD {image} AUDJPY {image} EURNZD {image} GBPNZD (ouch - badly managed (Edit: had to leave the PC, therefore closed)) {image} NZDCAD (spread took me out on 1st pos) {image}Ignored
Disliked{quote} Trading M1 in forex pairs is really hard to make profitable due to high cost fees (meaning spread), in my researches the best way to minimize fees is too find brokers that are local for pair that you trade (if you trade GBP find broker located in GB and so on), but also you have to dig for all possible informations about your broker because you put there your money it is like a bank, but that is not disscussion for this thread. If you would like to try different markets go for indexes because fees are so low compared to volatility and it...Ignored
Disliked{quote} Hi BTS, what made you enter there at S? It was a big bearish bar leading into it. Did you enter on a lower TF?Ignored
Disliked{quote} All? I thought Strat suggests three plus the PA at S and R. Was not able to see a long entry there just by the m15 chart, that is all.Ignored
Disliked{quote} It was really risky trade before London open, but everyone has its own risk appetiteIgnored
Disliked{quote} I develop my own style and it works for me. Clue is in the 1 hour chart, confluence of 5 min unable to close below the 200, 15min bearish engulfing exhausted in the shadow at support but failing to close lower and finally a doji with no sellers. Do you need anything else? PASR.Ignored
Disliked{quote} Yeah like 3 pips of risk, but everyone does have their own appetite...Ignored
Disliked{quote} Pips mean nothing, only money is what matters Even if you have all clues PASR london open has Usually moves for gaining liquidity so yes only 3 pips,but in long term you will loose more than win, statistics is what matters, not some kind of feeling Anyway you made money so that is important for this trade And dont be offended guys this is just forum for disscussion Green pips to all MHIgnored
Disliked{quote} ... Somewhere back in this thread I said the Strat Shadow is your road map - it still is, and always will be, since it is based on PASR, the basics and foundation of trading. Trading on the correct side of the Strat Shadow is trading with the trend. Trading against it is counter trend trading. Go back and read and understand my post where I showed the POSITIVE and NEGATIVE Strat Shadow. The HIGHEST RISK area to trade is at trend change, ANY TREND CHANGE on ANY TIME FRAME. This is where PRICE goes through the Strat Shadow, changing its polarity,...Ignored
Disliked{quote} I develop my own style and it works for me. Clue is in the 1 hour chart, confluence of 5 min unable to close below the 200, 15min bearish engulfing exhausted in the shadow at support but failing to close lower and finally a doji with no sellers. Do you need anything else? PASR.Ignored