DislikedAlongside this I want to look at risk, exposure and the creation of a yield curve which is essential to the correct allocation of risk.
Market mechanics, do you know how this impacts your trades?Ignored
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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
DislikedAlongside this I want to look at risk, exposure and the creation of a yield curve which is essential to the correct allocation of risk.
Market mechanics, do you know how this impacts your trades?Ignored
Disliked{quote} Hello. i doubt anyone knows about any of the above in here. At least I dont. Much appreciated if you dont mind to educate us.Ignored
DislikedThank you all for the kind words and appreciation and thanks for those who trade PASR and continue to post and help others on this thread. BabaG For those who have read these threads, you will know that until a misunderstanding, BabaG and I had a trading affinity akin to trading brothers. His strength was my weakness and my strength was his weakness meaning we were killing Forex. Over the last several weeks, BabaG and I have renewed our friendship and decided to put our heads together for the benefit of all on this thread. Expect weird humour and...Ignored
Disliked{quote} No problem. Now, apart from the trade selection process, the ability to wait for a set up that matches your entry criterion while also fitting your risk profile, these are fundamental issues which when not properly addressed can turn a winner into a loser.Ignored
Disliked{quote} I cannot remember how much losing trades I entered in past simply not waiting for the best trades. Trying to catch falling knifes and trying pick tops..Ignored
DislikedHey there. Just wanted to share some experience, not sure if there is any value in it.... If this sounds stupid please ignore itIgnored
DislikedGBPUSD PRICE is approaching CONFLUENCE of: RN 1.3750 WEEKLY SR MONTHLY SR on it's way to Fib Target 1.3955 so expect a choppy ride which means drop down to shorter time frames H1 & M15 always with D1 as your compass See - I told you the PIZZA MAN was back - complete with his love of AC Milan {image}Ignored
DislikedBig thanks to Strat for keeping the PASR torch burning, and for all your kind words of welcome. So, we are back in the trading room and looking for some action. Now I am preparing a post on GBP/ USD. We have had a lovely market from back in March when covid locked us down, up to today. Lots of nice price action, easy support and resistance and some obvious take profit targets. Alongside this I want to look at risk, exposure and the creation of a yield curve which is essential to the correct allocation of risk. Market mechanics, do you know how this...Ignored
DislikedGBPUSD PRICE is approaching CONFLUENCE of: RN 1.3750 WEEKLY SR MONTHLY SR on it's way to Fib Target 1.3955 so expect a choppy ride which means drop down to shorter time frames H1 & M15 always with D1 as your compass See - I told you the PIZZA MAN was back - complete with his love of AC Milan {image}Ignored
Disliked{quote} GbpUsd Active Trade Currently long from 1,3612. Target 1,3810. Moved stop loss to 1,3641 to lock in a bit of profit. We'll see how it goes. Pete {image}Ignored
DislikedHey there. Just wanted to share some experience, not sure if there is any value in it, but it saves me many times from getting in losing trades. Not a advice at all. Senior members will say if it is worth it to mention or not. Maybe it is already written in the both threads, not sure i read it as there is too much information. When trading WK/D1/4h combo i basically do not trade longs in the direction of the trend if price on 4hr did not close above the previous week's high /assuming that price is not in WCC/. Previous week high or low tend to act...Ignored
Disliked{quote} GbpUsd Active Trade Currently long from 1,3612. Target 1,3810. Moved stop loss to 1,3641 to lock in a bit of profit. We'll see how it goes. Pete {image}Ignored
Disliked{quote} Strat, Since fibs can be drawn differently, can you say where you have your fib and on what time frame? I have drawn a fib on this pair using the BB for long term but obviously there are many other fibs on the shorter time frames. Also when you say fib target are you using fib extensions? I don't think this is a stupid question but I am just trying to figure out your thinking on this. Thanks and it is great to see that you are letting your presence be known again on the thread. Normally when I open it up in the morning there is very little...Ignored