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Strat's PASR Long Term, Stress Free Trading

  • #13,401
  • Sep 3, 2020 7:39am Sep 3, 2020 7:39am
I am only trading GBPUSD GBPJPY (eurobunds and DAX lately as well) during the london session.
If you want more info on what I am looking for feel free to contact me , since I am not at all posting for some time.
  • #13,402
  • Sep 3, 2020 1:58pm Sep 3, 2020 1:58pm
Hi strats,
And fellow traders. I am really struggling with my price action within trading and have been recommended to follow your price action method. It would be great to talk to you one on strat but cant seam to message you direct, would also be great to hear from other senior members if they have time and willing to lend a hand.
All the best
Craig
  • #13,403
  • Edited 4:26am Sep 4, 2020 2:19am | Edited 4:26am
Hi all,
I am practicing trading on higher timeframes as 1H, 4H and Daily.
Here are my 2 demo trades.
Please comment on them.
I take them based on swing down on 4H and SS on Daily charts.
BEEB on 1H chart.

Green pips to all!
Sanji

EDIT: The second trade is near the end of the day, but good R/R.
Attached Image (click to enlarge)
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  • #13,404
  • Sep 4, 2020 3:01am Sep 4, 2020 3:01am
Quoting irishcraig09
Hi strats, And fellow traders. I am really struggling with my price action within trading and have been recommended to follow your price action method. It would be great to talk to you one on strat but cant seam to message you direct, would also be great to hear from other senior members if they have time and willing to lend a hand. All the best Craig
Hi Craig,

I am not senior member here. But make sure you read what Strat wrote on the front pages, read and understand this entire thread before you start trading with PASR. There are many elite students here ready to help you on the Path. Don't be afraid to ask questions if you are unsure of anything.

Best regards
Sanji
  • #13,405
  • Sep 4, 2020 3:13am Sep 4, 2020 3:13am
Sometimes I look at chart on 1M to see the London opening story. Price react very good at levels on 5M. But it was too fast for me to catch the train.
Attached Image (click to enlarge)
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  • #13,406
  • Sep 4, 2020 5:03am Sep 4, 2020 5:03am
Attached Image (click to enlarge)
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Quoting Sanji
Sometimes I look at chart on 1M to see the London opening story. Price react very good at levels on 5M. But it was too fast for me to catch the train. {image}
You need to be glued to the screen for a while to trade M1. It is good for practice though.
Just ride the trend
PS: arrows pointing at my possible entries AFTER the candles close

Try this 4 timeframe setup to practise on M1 and M5 while having a better view on higher frames
Reading price action is ALL ABOUT spending time. You have to clock these hours in , there is no other way. no signals no 1-2-3 candlesticks patterns or whatever (although at some point you will start noticing candle formations similar to each other, at the right spots)
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  • #13,407
  • Sep 4, 2020 5:10am Sep 4, 2020 5:10am
Quoting bistolis
{image} {quote} You need to be glued to the screen for a while to trade M1. It is good for practice though. Just ride the trend PS: arrows pointing at my possible entries AFTER the candles close
Thanks for your feedback, Tolis.
  • #13,408
  • Sep 7, 2020 4:11am Sep 7, 2020 4:11am
GbpAud 5M PASR

Regards
Pete
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  • #13,409
  • Sep 7, 2020 9:05am Sep 7, 2020 9:05am
Quoting JCMPete
GbpAud 5M PASR Regards Pete {image}
pretty good I would say
  • #13,410
  • Sep 7, 2020 10:13pm Sep 7, 2020 10:13pm
AUDCAD 1H

I am practicing with demo account.

Best regards
Sanji
Attached Image (click to enlarge)
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  • #13,411
  • Sep 8, 2020 2:29am Sep 8, 2020 2:29am
Quoting bistolis
I am only trading GBPUSD GBPJPY (eurobunds and DAX lately as well) during the london session. If you want more info on what I am looking for feel free to contact me , since I am not at all posting for some time.
Hi mate, how's it going for you? I think I'm ok for knowing what I need to do, I've got all Strat's posts on 5minute trading saved, and some others like Beyondthesea.

It's mostly about making it work with the time I have, especially when daylight savings comes in. Who wants to be stuck in front of a screen when you can hit the Aussie beach in the evening?

Quoting Sanji
Hi all, I am practicing trading on higher timeframes as 1H, 4H and Daily. Here are my 2 demo trades. Please comment on them. I take them based on swing down on 4H and SS on Daily charts. BEEB on 1H chart. Green pips to all! Sanji EDIT: The second trade is near the end of the day, but good R/R. {image}
That's looking pretty good to me!
As for the 1minuite charts, Mhons is the specialist there maybe he'll pop in and give you some tips. I found them way to fast for me to keep up.
  • #13,412
  • Sep 8, 2020 2:48am Sep 8, 2020 2:48am
Quoting Rub
{quote} Hi mate, how's it going for you? I think I'm ok for knowing what I need to do, I've got all Strat's posts on 5minute trading saved, and some others like Beyondthesea. It's mostly about making it work with the time I have, especially when daylight savings comes in. Who wants to be stuck in front of a screen when you can hit the Aussie beach in the evening? {quote} That's looking pretty good to me! As for the 1minuite charts, Mhons is the specialist there maybe he'll pop in and give you some tips. I found them way to fast for...
Things are fine. Beach sounds good
  • #13,413
  • Sep 8, 2020 3:05am Sep 8, 2020 3:05am
Quoting Rub
{quote} Hi mate, how's it going for you? I think I'm ok for knowing what I need to do, I've got all Strat's posts on 5minute trading saved, and some others like Beyondthesea. It's mostly about making it work with the time I have, especially when daylight savings comes in. Who wants to be stuck in front of a screen when you can hit the Aussie beach in the evening? {quote} That's looking pretty good to me! As for the 1minuite charts, Mhons is the specialist there maybe he'll pop in and give you some tips. I found them way to fast for...
Hi Rub,

I thought I needed more time for my other jobs, so I switched to trading higher timeframes.
Currently, I am still practicing on demo accounts. But it looks like I'm trying to trade a new trend right after one that seems to be over. Take a look at the AUDCAD 1H chart I posted. Can you tell me I'm on the right track?

Best regards
Sanji
  • #13,414
  • Sep 8, 2020 5:04am Sep 8, 2020 5:04am
Quoting Rub
{quote} Hi mate, how's it going for you? I think I'm ok for knowing what I need to do, I've got all Strat's posts on 5minute trading saved, and some others like Beyondthesea. It's mostly about making it work with the time I have, especially when daylight savings comes in. Who wants to be stuck in front of a screen when you can hit the Aussie beach in the evening? {quote} That's looking pretty good to me! As for the 1minuite charts, Mhons is the specialist there maybe he'll pop in and give you some tips. I found them way to fast for...
Hello Rub,
how is your trading?

Nothing new here at all. Just enjoyed 2 month holidays and now back to work and trading. PASR is still the same even with CoVid around the world. Just ride PRICE and TREND as always.

If anything let me know

Attached Image (click to enlarge)
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  • #13,415
  • Sep 8, 2020 1:06pm Sep 8, 2020 1:06pm
Are any members trading Daily, 4H using ATR to set SL and TP ? What setting ? I am using ATR 5
  • #13,416
  • Sep 8, 2020 2:21pm Sep 8, 2020 2:21pm
Hi Lou

I have a 22 ADR (set to daily) with the range for the today on all my charts.
I only use it for a reference as to how far price has gone for the day when I enter a trade.
I never use it as a Stop nor Target.

On each Time Frame Chart I also have an ATR for that particular time frame set to 1 - 3 & 14.
I can quickly glace at the ATR to tell me what the current candle (1) is doing and well as the last 3 candles (3ATR) the last 14 candles (14ATR).
I use this as a reference as to the overall strength or weakness of the price movement.

I know this is probably not what you were expecting nor what you wanted to hear. Sorry about that.

Krek
  • #13,417
  • Sep 8, 2020 3:02pm Sep 8, 2020 3:02pm
Quoting Three
Hi Lou I have a 22 ADR (set to daily) with the range for the today on all my charts. I only use it for a reference as to how far price has gone for the day when I enter a trade. I never use it as a Stop nor Target. On each Time Frame Chart I also have an ATR for that particular time frame set to 1 - 3 & 14. I can quickly glace at the ATR to tell me what the current candle (1) is doing and well as the last 3 candles (3ATR) the last 14 candles (14ATR). I use this as a reference as to the overall strength or weakness of the price movement. I know this...
Thanks Krek, for the information. Now I am aware of more variations !
  • #13,418
  • Sep 8, 2020 8:30pm Sep 8, 2020 8:30pm
NZDJPY 1H Demo Trade
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Green pips to all!
Sanji
  • #13,419
  • Sep 8, 2020 9:23pm Sep 8, 2020 9:23pm
GBPUSD 1H Demo Trade.
Still running, swing down is not over yet.
Trust Strat Shadow, trust the trend!
Attached Image (click to enlarge)
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Green pips to all!
Sanji
  • #13,420
  • Edited Sep 9, 2020 7:07pm Sep 8, 2020 11:24pm | Edited Sep 9, 2020 7:07pm
Hi, Sanji
Quoting Sanji
AUDCAD 1H I am practicing with demo account. Best regards Sanji {image}
1st
Do you really open a trade on demo account or just do a paper practice?
If you have opened a trade, that is good.
If you just do a paper practice, that waste your time.

2nd
IMP, I would exit the trade and re-enter. see below pic.
the 1st trade looks more like "SELL INTO SUPPORT" and it was against the trend of H4 (Boss) chart.
So, you should be more careful and move your sl more quickly.

Just my own opinion and hindsights.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD H1 Sep 09.jpeg Size: 374 KB
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
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