Strat's PASR Long Term, Stress Free Trading

Quoting Mhons

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{quote} Uff, rewards is on the table for those who still working on yourself and continue improving PASR skill. There is no need for flashing indicators and running into circles to find new super strategy and best holy grail indiciator. {image} Even STRAT is not in forexfactory anymore I will never forget his work on this thread. Thanks again Green pips to all MH

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Quoting Mhons

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{quote} Today Big Boys prepared trap in Frankfurt session before London open. If you do your homework properly you know this exact setup that repeats often itself. Hope it helps someone {image} Trade safe and prosper MH

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Quoting TraderKei

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Hello guys, USDJPY I am looking for PA at support (near the bottom of the WCC) to go long. {image}

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Quoting Suran

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{quote} Be-careful when you trading these type of charts. {image}

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Quoting Udkox

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Hello everyone! I've been trading on and off for a year. Grew my account 20% but I am not comfortable with the strategy so looked for another one. I've been reading on Strat's strategy PASR for a couple days and I decided to give it a go since it seems to fit my style more! Fairly familiar with lots of things (SR, price action etc.) but mastering this will take time. I wanted to ask for your thoughts on the USD CAD. Is anyone trading this ? I drew the SR on the Monthly and Weekly and was now having a look at the Daily chart. The Daily seems to be...

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Quoting BeyondTheSea

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{quote} Hi Udkox Forget trading USDCAD on higher timeframes unless you know BASIC PASR and have a lot of patience/experience. There are easier pairs to trade. This pair has been trapping traders all year and still has another 200 pips or so headroom to trap short sellers misreading the price. Standard price action stops working when you know that you are inside of a massive and complex range. I have been taking nibbles out of this pair but now cannot be arsed with it anymore. Boss {image} Worker {image}

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Quoting Udkox

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{quote} If you told me veteran BeyondTheSea would be helping me out I wouldn't believe it. Living in Scotland by any change ? I'd love to find a mentor around here. I did feel uncomfortable about the lack of other levels til 1.2958. That's a very good point you made. Also, just realised I am kind of breaking the rule on trading with the trend, as the montly and weekly are moving sideways. I'll try to look for a cleaner/bigger trend to trade. I don't quite know why you painted those rectangles on near the resistance. Could you develop on that ? You...

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Quoting Mhons

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{quote} Today Big Boys prepared trap in Frankfurt session before London open. If you do your homework properly you know this exact setup that repeats often itself. Hope it helps someone {image} Trade safe and prosper MH

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Quoting BeyondTheSea

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{quote} I have a few cuts and bruises but I am far from being a veteran. My advise would be to read through the thread and take your time. PASR is incredibly dull compared with some systems with amazing indicators. But unlike those it makes money and I love it. Those boxes are weekly control candles and areas of consolidation/liquidity pools. Find out what basic PASR is and trade it and nothing else for 12 months. One position at a time. Don’t add on like I do because I use multiple timeframes and it fits me. You need to find “easier pairs to trade”...

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Quoting Udkox

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{quote} Here goes my second attempt. I draw SR in AUD CAD (Montly black lines and Weekly dashes lines) and then had a look at the Daily. I analysed it and noted the trades I think follow PASR. I know it's easy to tell after seeing the result, that's why I specified what I saw in them and what my SL would've been. I would not feel comfortable taking any other trade on that chart. Let me know what you think! {image}

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Quoting Lou

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{quote} Although they worked in your favor, # 1 and # 2 patterns are not engulfing: An engulfing pattern consists of a smaller first candle (known as the A candle) and a larger second candle (B candle) which has a higher high and lower low than the A candle, so that is seen to “engulf” the A candle. As can be seen, Pattern #3 is much closer to engulfing, could be or not... very close. But nonetheless it worked in your favor

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Quoting JCMPete

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Another Extract from Strat's path...lesson for me as well...

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