Strat's PASR Long Term, Stress Free Trading

Quoting ph2lsl

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{quote} hi Terry because big boss its resistence we can stil believe trend its up? boss exhibit his weaknes at big boss resistence its not good for asume uptrend its over?

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Quoting Dulof

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Does this method work on daily timeframes, guys?

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Quoting TerryDawe

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EURUSD EOW analysis: BB up and close through its 200ema Boss close below bottom of last week's SS Confirmed swing down and broke WCC to the downside Worker printed nice BEEB January 7th and moved price back inside WCC Once price entered SS, one attempt to move up resulted in an IB followed by move back into SS So as this appears to be a retrace by the Boss, can trade worker short on any PA back to at least its fib 100 and potentially its SS Following the Boss retrace, look for bullish PA to get back in line with the up trend {image} {image} {image}...

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Quoting Suran

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GBPUSD.. Everybody trading GBP. M1 damn... Even our Boss STRAT. then I thought why not me.. I am trying that as well London {image} Done for today Enjoy.

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Quoting JCMPete

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EurJpy 4H Basic PASR {image}

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Quoting Dulof

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{quote} Thank you I have to use google translate so it can't be right. I have also been studying this method for a week now. Are we going to trade in the S / R zone when the candlestick pattern, follows the trend of the higher timeframe Please see if I do it right? {image}

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Quoting TerryDawe

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{quote} One of the main stays of Strat's method is that we trade with the Primary trend. The primary trend is now down with the close below the Boss SS. Price closed below the WCC but we now have a potential new WCC but will only know at the end of the week. It is not the best pair to trade in this situation but in the meantime if one wants to trade this pair, we trade short. If price closes back within the original WCC, this would be a fake break. {image} {image}

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Quoting Dulof

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{quote} Thank you I have to use google translate so it can't be right. I have also been studying this method for a week now. Are we going to trade in the S / R zone when the candlestick pattern, follows the trend of the higher timeframe Please see if I do it right? {image}

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Quoting JCMPete

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EurJpy 4H Basic PASR {image}

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Quoting Sanji

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{quote} That's a very good entry. Although 2 hours later there was red news. Previous bullish candle rejected yesterday's low + this month's open + EMA 20 + S becomes R. And Strat Shadow is negative.

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Quoting Dulof

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{quote} Thank you my friend. I did not watch the news yesterday. quite lucky Can you explain about big boss, boss, worker image? Are they candles? I am trading mainly looking at the previous day's trend (coinciding with the big trend),I will look down h1 to find PASR to enter the trade.

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Quoting Sanji

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{quote} I don't understand what you mean, but I'm only trading 15 min and 1H timeframes

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Quoting Dulof

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{quote} sorry, i use google translate Can you give me examples of 3 time frames with pictures? " 1) We take our direction from the BIG BOSS 2) We take our direction (and sometimes trades) from the BOSS 3) We time and initiate our trades on the Worker "

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Quoting bistolis

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{quote} Are they moving in the same direction ? Ideally you want to use the monthly as your Big boss and take trades on the daily. PASR concepts though work on all timeframes , if you take the time to apply what you learn in here and then adjust it to your own style (which you need to find out yourself). These are the timeframes that you need to start working on. Faster timeframes are good for practice to gain experience, since you will make a ton of mistakes on them (you dont have much time to make a sound decision every 5mins)

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Quoting Dulof

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{quote} Well I understand BB, BOSS, Worker, thank you very much. I usually trade H1 - I look at the trend Daily and then enter h1 the same direction. I also tried trading m15 but hit SL many times, low timeframe had too much S / R which made me confused, I usually determined resistance on H1 then entry m15. if worker is m15 then boss is h1, big boss is h4? Oh can you give me an indicator of your 3 time frames? Today I bought an EU which should have been TP 1: 3 but I have a busy job so I didn't lock it when the pin bar appeared. {image}...

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Quoting Sanji

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{quote} Your entry is hard for me to get it. I just saw that it is rejection at resistance after 3 strong bullish candles in a downtrend. If I could analyze it at that time, I would select an entry on H1 because the price rejected the 200 EMA multiple times + this month's open + 4H resistance.

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