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Strat's PASR Long Term, Stress Free Trading

  • #13,001
  • Mar 31, 2020 12:32am Mar 31, 2020 12:32am
Quoting Rub
{quote} I've taken your chart and shown where I would consider entering, see the attached chart. I don't see the point you entered as a valid entry. As others have said, entering before London open can be risky, but that depends on your risk tolerance. {image}
Thanks Rob. Will keep the pointers in mind
Faith with Action
  • #13,002
  • Mar 31, 2020 12:33am Mar 31, 2020 12:33am
Quoting Mhons
{quote} Thank you for your contribute but for all our collegues here please note that this is not STRAT TREND trading strategy. Sure if you had plan and follow it good for you. You MADE MONEY (that is most important on trading) but you could really confuse new traders here. If you know 5min STRAT TREND TRADING you will enter as my marks after trend established. I donīt know you so I could only guess but it looks that you have more hope than plan? So could you explain your thoughts about this trade? Below are marked trend trading entries. Do you...
Thanks Mhons. No offence taken. I will refrain from posting.
Faith with Action
  • #13,003
  • Mar 31, 2020 12:55am Mar 31, 2020 12:55am
Quoting hinnavaru
{quote} Thanks Mhons. No offence taken. I will refrain from posting.
No keep posting. It was not meant like that.

MH
  • #13,004
  • Mar 31, 2020 5:30am Mar 31, 2020 5:30am
For STRAT TREND TRADING is PATIENCE and DISCIPLINE needed.

PRICE rewarded me today in 7 minutes trade for 10 Reward

126 points in 7 minutes.

It is not easy like this every day.

Just keep going.

Green pips to all

MH

Attached Image (click to enlarge)
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  • #13,005
  • Mar 31, 2020 5:44am Mar 31, 2020 5:44am
For consistent and sustainable profitability, we all need patience and discipline for any system we trade.

Trade safe and prosper.

KP

Quoting Mhons
For STRAT TREND TRADING is PATIENCE and DISCIPLINE needed. PRICE rewarded me today in 7 minutes trade for 10 Reward 126 points in 7 minutes. It is not easy like this every day. Just keep going. Green pips to all MH {image}
Do your homework, follow the footprints of smart money
  • #13,006
  • Mar 31, 2020 6:00am Mar 31, 2020 6:00am
Missed few entries and entered late. some pips though
Attached Image
Faith with Action
  • #13,007
  • Mar 31, 2020 6:18am Mar 31, 2020 6:18am
My entry on EURUSD, TP at green line.
After that, the price continues to fall.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 22 KB
  • #13,008
  • Mar 31, 2020 6:43am Mar 31, 2020 6:43am
PASR from broken S to next S. The color does not really work on this platform, but I think the color of the STRAT SHADOW is not the most important thing. More important is what price does. Exit on the bounce at S.
Attached Image (click to enlarge)
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Fix up, trade sharp ...
  • #13,009
  • Mar 31, 2020 7:23am Mar 31, 2020 7:23am
Quoting Mhons
For STRAT TREND TRADING is PATIENCE and DISCIPLINE needed. PRICE rewarded me today in 7 minutes trade for 10 Reward 126 points in 7 minutes. It is not easy like this every day. Just keep going. Green pips to all MH {image}
And one more for 10x reward

Thank you STRAT. I will be thankfull forever.

I am done for today and month.

Attached Image (click to enlarge)
Click to Enlarge Name: Ger30M1.png Size: 65 KB


Green pips to all
MH
  • #13,010
  • Mar 31, 2020 7:40am Mar 31, 2020 7:40am
Quoting Mhons
{quote} And one more for 10x reward Thank you STRAT. I will be thankfull forever. I am done for today and month. {image} Green pips to all MH
Thanks for your clear chart, MH!
  • #13,011
  • Mar 31, 2020 7:51am Mar 31, 2020 7:51am
Quoting Hickson
PASR from broken S to next S. The color does not really work on this platform, but I think the color of the STRAT SHADOW is not the most important thing. More important is what price does. Exit on the bounce at S. {image}
Nice trade! But your entry is near the London Open. I have received many comments on such trading times, and I waited patiently.
  • #13,012
  • Mar 31, 2020 8:22am Mar 31, 2020 8:22am
Quoting sangnt0904
{quote} Nice trade! But your entry is near the London Open. I have received many comments on such trading times, and I waited patiently.
Yes, it was near the open, but it was after the open. Maybe a bit too early, but it seemed like PA was pressing lower already.
Fix up, trade sharp ...
  • #13,013
  • Mar 31, 2020 8:28am Mar 31, 2020 8:28am
UsdCad 4H Trade

Good day All

1st position off.
Second and 3rd Positions moved SL to BE. Let's see what happens from here...

Regards
Pete
Attached Image (click to enlarge)
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  • #13,014
  • Mar 31, 2020 8:45am Mar 31, 2020 8:45am
can you show me, which support/res line is correct?
Attached Image(s) (click to enlarge)
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  • #13,015
  • Mar 31, 2020 5:21pm Mar 31, 2020 5:21pm
Quoting sangnt0904
My entry on EURUSD, TP at green line. After that, the price continues to fall. {image}

That is exactly the trade I would have taken. There are a couple of points you could have added on, do you see them?


Quoting DuaCaMamMuoi
can you show me, which support/res line is correct? {image} {image}
I would say in picture 1 red and blue are right, and in picture 2 red is correct. Remember resistance becomes support, and support becomes resistance.
  • #13,016
  • Mar 31, 2020 9:39pm Mar 31, 2020 9:39pm
Quoting Rub
{quote} That is exactly the trade I would have taken. There are a couple of points you could have added on, do you see them? {quote} I would say in picture 1 red and blue are right, and in picture 2 red is correct. Remember resistance becomes support, and support becomes resistance.
I will add on blue rectangle. Where will you add on?
Attached Image (click to enlarge)
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  • #13,017
  • Mar 31, 2020 9:46pm Mar 31, 2020 9:46pm
Quoting sangnt0904
{quote} I will add on blue rectangle. Where will you add on? {image}
In addtion to where you've highlighted, see the chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 129 KB
  • #13,018
  • Mar 31, 2020 10:16pm Mar 31, 2020 10:16pm
Quoting Rub
{quote} In addtion to where you've highlighted, see the chart below. {image}
Thanks for your sharing, Rub!
I do not have much trading experience so it will take some time to improve.
Trading In The Zone!
  • #13,019
  • Mar 31, 2020 10:45pm Mar 31, 2020 10:45pm
Skipping posting the 4hr and 1hr charts. Much the same levels as yesterday. Red vertical line is the open.
1. Lucky not to get stopped out, came withing about 10 pips of my stop. Exit as it's just not moving. Too soon after the open?
2. Clear entry long, last hourly bar was very bullish. Moved to break even with a close above resistance.
3. Close above the strat shadow, move to break even near last high.

Looking back over today on the hourly, it's been ranging. Happy to have made a small amount of pips.

As for my review of my trading, last month I had a win rate of about 60%, which is creeping up. Generally been moving my stop to break even at 1:1, so I didn't actually make anything much. Mostly I've been getting direction right, but my entries have sucked, including some really bone headed stuff. Overall making progress and breaking even, but not making much yet.
Attached Image (click to enlarge)
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  • #13,020
  • Apr 1, 2020 1:50am Apr 1, 2020 1:50am
Quoting JCMPete
UsdCad 4H Trade Good day All 1st position off. Second and 3rd Positions moved SL to BE. Let's see what happens from here... Regards Pete {image}
Good day All

Positions 2 and 3 stopped out at break-even. No problem. It was part of the plan. All in all still a profitable trade.

Regards
Pete
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