Strat's PASR Long Term, Stress Free Trading | Page 711 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Strat's PASR Long Term, Stress Free Trading
Exit Attachments

Strat's PASR Long Term, Stress Free Trading

  • #14,201
  • Mar 22, 2021 7:44am Mar 22, 2021 7:44am
[quote=Lou;13462353]
Quoting sandfire
Hy Folks, I've just come across this PASR strategy and I am trying hard to learn it, but I am confused by the use of your candestick pattern titles. I understand the HAMMER and the SHOOTING STAR, but what are the translations of BUOB and BUEB and BEOB and BEEB, please? They were mentioned very near the start of this remarkably long thread. Thanks [/quote BUllishOusideBar BUllishEngulfingBar BEarishOusideBar BEarishEngullfingBar
Many Thanks Lou.
  • #14,202
  • Mar 22, 2021 10:44am Mar 22, 2021 10:44am
Quoting Lou
{quote} I think the Big Boys read our recent posts. Fast retrace on the bar down... picked up orders and now in the red. {image}
This is not aimed at you personally, Lou.

What I feared would happen has happened!

You guys are like little kids with a brand new toy dropping everything else to play with it. BG has not introduced it as the finished article and what he has posted is only maybe about 15% of his total strategy. Just because he made a very good living trading it, doesn't mean you lot can jump in with both feet and do the same especially when you don't know how deep the water is.

As good as BG's strategy is, it still focuses and relies on PASR!!!!!!!!!!!!!!! Without FIRST identifying PASR, his strategy and everything else will blow your accounts.

So, the BEOB on NZDJPY Daily:

FIRST, I do not waste precious margin on exotic pairs. This pair is 16th on my volatility list meaning there are 15 better pairs to trade. From when the Strat Shadow turned positive on the Daily to now, this pair only made 1300 pips whereas GBPUSD made 1750 pips - a huge difference to your % Profit.

You see the BEOB on the Daily and BLINDLY apply the 15% knowledge of BG's strategy and then wonder what went wrong.

PASR has ALL the answers:
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 45 KB
Attached Image (click to enlarge)
Click to Enlarge Name: b.PNG Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: c.PNG Size: 27 KB

So, PASR FIRST, everything else AFTER PASR.

If PRICE follows ""normal"" market structure and produces PA at SR then there is a high probability of this happening which is supported if you do another 3 time frame analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: d.PNG Size: 43 KB

My advice is FOCUS on being consistently profitable with PASR FIRST and do not be distracted by fool's gold!
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,203
  • Mar 22, 2021 3:39pm Mar 22, 2021 3:39pm
Strat said
As good as BG's strategy is, it still focuses and relies on PASR!!!!!!!!!!!!!!! Without FIRST identifying PASR, his strategy and everything else will blow your accounts.

Which is exactly why I didn't trade that set up. I meant to comment on the irony of it. Guess I should have made it more clear.
  • #14,204
  • Mar 22, 2021 5:27pm Mar 22, 2021 5:27pm
Quoting strat
{quote} This is not aimed at you personally, Lou. What I feared would happen has happened! You guys are like little kids with a brand new toy dropping everything else to play with it. BG has not introduced it as the finished article and what he has posted is only maybe about 15% of his total strategy. Just because he made a very good living trading it, doesn't mean you lot can jump in with both feet and do the same especially when you don't know how deep the water is. As good as BG's strategy is, it still focuses and relies on PASR!!!!!!!!!!!!!!!...
[/font][/size]
Considering my recent unsolicited post on this strategy,
I guess this highlighted statement is for the likes of me
And i take it in good faith. Appreciate your quick intervention.
PASR trading i go.
Thank you
  • #14,205
  • Mar 22, 2021 5:56pm Mar 22, 2021 5:56pm
Gbpnzd h4 1:1rr

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH42203.PNG Size: 16 KB
  • #14,206
  • Mar 23, 2021 1:52am Mar 23, 2021 1:52am
Quoting strat
{quote} This is not aimed at you personally, Lou. What I feared would happen has happened! You guys are like little kids with a brand new toy dropping everything else to play with it. BG has not introduced it as the finished article and what he has posted is only maybe about 15% of his total strategy. Just because he made a very good living trading it, doesn't mean you lot can jump in with both feet and do the same especially when you don't know how deep the water is. As good as BG's strategy is, it still focuses and relies on PASR!!!!!!!!!!!!!!!...
I don't understand what he's getting at with the fib tool anyway so I feel a bit like this:
Attached Image (click to enlarge)
Click to Enlarge Name: Chimp.jpg Size: 480 KB
  • #14,207
  • Mar 23, 2021 2:15am Mar 23, 2021 2:15am
Quoting Rub
{quote} I don't understand what he's getting at with the fib tool anyway so I feel a bit like this: {image}
Do not worry Rub. You don´t need it to be profitable. Just trade PASR and you will be fine. This is also for everyone else.

I saw that once you read about Baba G system you saw again holy grail. I recommend to read again main points in this thread, think about it and trade your own developed PASR strategies.

Note that that is Baba G system that he developed and works for him for a long time. Don´t be fool and develop your own....


Also I am worry about fees. Is that really necessary? If you made a lot of money in forex during your successful years you don´t need money from students. Just give it back to society for free if you want. If not keep it for you.




Green pips

MH
  • #14,208
  • Mar 23, 2021 2:40am Mar 23, 2021 2:40am
Quoting Mhons
{quote} Do not worry Rub. You don´t need it to be profitable. Just trade PASR and you will be fine. This is also for everyone else. I saw that once you read about Baba G system you saw again holy grail. I recommend to read again main points in this thread, think about it and trade your own developed PASR strategies. Note that that is Baba G system that he developed and works for him for a long time. Don´t be fool and develop your own.... Also I am worry about fees. Is that really necessary? If you made a lot of money in forex during your successful...
Yeah, I'm focusing on PASR. This whole drawing fibs all over the place and such is too complicated for me.
I'm more simple like a chimp hitting something with rock.

EDIT: I have only placed one trade this month because I've only seen one trade at the times I can trade. Maybe there's going to be something this week or next week, but I"m not worried. Something will come along eventually.
  • #14,209
  • Mar 23, 2021 4:06am Mar 23, 2021 4:06am
Quoting strat
{quote} Right on, Lou - where are they? bistolis? Mhons? Suranga? JCMPete? Rub? Corrina? BeyondTheSea? plus the rest too numerous to mention
Hi Strat,

"Here I am, stuck in the Middle with You..." - Stealers Wheel.

But seriously, I have been quiet on the thread lately due to personal life taking precedence over trading and participating on FF.

Regards
Pete
  • #14,210
  • Mar 23, 2021 5:17am Mar 23, 2021 5:17am
Quoting PipTracy
Gbpnzd h4 1:1rr {image}
R:R is a wonderful concept to handicap your gains
  • #14,211
  • Mar 23, 2021 10:58am Mar 23, 2021 10:58am
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADDaily.png Size: 25 KB
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADH4.png Size: 25 KB

The emphasis here is my BROKER.
Looking at the 4hr chart,
Will it not surprise you that i am yet waiting for my TP to be hit,
even when it is clear as daylight that the wick touched and crossed it.
But even as i write my broker has refused to give me my profit.
If it was a SL will they allow the trade to revise on them?
Wow.
  • #14,212
  • Mar 23, 2021 11:29am Mar 23, 2021 11:29am
Quoting 2hpriest
{image}{image} The emphasis here is my BROKER. Looking at the 4hr chart, Will it not surprise you that i am yet waiting for my TP to be hit, even when it is clear as daylight that the wick touched and crossed it. But even as i write my broker has refused to give me my profit. If it was a SL will they allow the trade to revise on them? Wow.
close it manually
You attract what you think in any area of life, relationships and trading!
  • #14,213
  • Mar 23, 2021 12:12pm Mar 23, 2021 12:12pm
[quote=Mhons;13464440]{quote}

Hi Mhons, I don't know you but I can see that you have a great antagonism towards me.

This is the problem with public threads, people have no accountability for their words which encourages them to be rude.

I was expecting this kind of negativity and doubt but so far it's only you.

You go to school and there is structure to the learning, a process of understanding. At the end you get your degree and then you practice your profession.

That is my point, no holy grails just hard work.

G
  • #14,214
  • Mar 23, 2021 12:25pm Mar 23, 2021 12:25pm
[quote=Baba G;13465716]
Quoting Mhons
{quote} Hi Mhons, I don't know you but I can see that you have a great antagonism towards me. This is the problem with public threads, people have no accountability for their words which encourages them to be rude. I was expecting this kind of negativity and doubt but so far it's only you. You go to school and there is structure to the learning, a process of understanding. At the end you get your degree and then you practice your profession. That is my point, no holy grails just hard work. G
Don't Worry Baba G , Some thinks (and wishes) to get every thing free.

I feel its time to leave the public threads..
Focus, Patience, Discipline, Determination and Perseverance
  • #14,215
  • Mar 23, 2021 1:10pm Mar 23, 2021 1:10pm
Quoting 2hpriest
{image}{image} The emphasis here is my BROKER. Looking at the 4hr chart, Will it not surprise you that i am yet waiting for my TP to be hit, even when it is clear as daylight that the wick touched and crossed it. But even as i write my broker has refused to give me my profit. If it was a SL will they allow the trade to revise on them? Wow.
NZDCAD has a large spread so your TP will not be closed until the spread has been accounted for (TP = PRICE minus spread)
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,216
  • Mar 23, 2021 1:13pm Mar 23, 2021 1:13pm
[quote=Baba G;13465716]
Quoting Mhons
{quote} Hi Mhons, I don't know you but I can see that you have a great antagonism towards me. This is the problem with public threads, people have no accountability for their words which encourages them to be rude. I was expecting this kind of negativity and doubt but so far it's only you. You go to school and there is structure to the learning, a process of understanding. At the end you get your degree and then you practice your profession. That is my point, no holy grails just hard work. G
I don't see it as antagonism, just his opinion which he and everyone else are entitled to.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,217
  • Mar 23, 2021 2:34pm Mar 23, 2021 2:34pm
[quote=Baba G;13465716]
Quoting Mhons
{quote} Hi Mhons, I don't know you but I can see that you have a great antagonism towards me. This is the problem with public threads, people have no accountability for their words which encourages them to be rude. I was expecting this kind of negativity and doubt but so far it's only you. You go to school and there is structure to the learning, a process of understanding. At the end you get your degree and then you practice your profession. That is my point, no holy grails just hard work. G
It is with no offence. I fully respect you same as other traders that are doing this hard job. I attended many courses in my trading career and usually it was frauds guru´s that know nothing about trading or give you only informations that you could find at websites by myself. Afterall I found that only work on myself and my beliefs improvement and etc could actually change something.

I am worry that this "school" or how you want to call it will misslead guys into some holy grail that you will teach them how to profitable instead of focus on themself and their improvement.

Maybe my opinion is affected by these experiences and also statement from STRAT that if this thread helped you you should gave it back here for free to new ones.

Am I wrong?

MH
  • #14,218
  • Mar 23, 2021 3:22pm Mar 23, 2021 3:22pm
How about a meet in the middle ground.

Level 1 (free one on one mentorship)
Demo trading and understand basic PASR

Level 2 (free one on one mentorship)
Switching between demo and live trading a micro account

Level 3 (paid membership)
Live trading standard lots, advance education.

This way the money you are making you are reinvesting in yourself. For some people paying for a membership is out the question when they do not have disposable income to spare, just a thought.
  • #14,219
  • Mar 23, 2021 5:06pm Mar 23, 2021 5:06pm
Quoting Mhons
Quoting Baba G
{quote} It is with no offence. I fully respect you same as other traders that are doing this hard job. I attended many courses in my trading career and usually it was frauds guru´s that know nothing about trading or give you only informations that you could find at websites by myself. Afterall I found that only work on myself and my beliefs improvement and etc could actually change something. I am worry that this "school" or how you want to call it will misslead guys into some holy grail that you will teach them how to profitable
...
Nothing I have said is misleading Mhon.

That is what I understood you to have said. That somehow I am misleading. That is not opinion, that is prejudice.

Maybe that comes from your own personal frustrations with these guru's. That is for you to deal with.

I have given back a tool that can save you all money. Cause, let's be honest, most of you have, or will, blow hundreds if not thousands on accounts before you figure this out. If you ever do. I can help you not do that.

That is giving back.

Anyway, I am talking with FF to see if I can get a private thread or see where I go from here. My posts about having a structured program have raised concerns, and I respect the terms of this forum. More importantly I am looking for a platform which can facilitate my needs, to help me supply a program which can be both methodical, concise and tailored.

I will let you know

G
  • #14,220
  • Edited 9:42pm Mar 23, 2021 8:54pm | Edited 9:42pm
Come on people.... Free one on one metorship? You expect free one on one mentorship?

Ok, I will break it down to you... assume 30 students just for argument sake. 30 students one hour/week per student. 30 hours/week of Mentor's time. 30 hours per week is a full time job. do you asking them to work full time for no return? if the group grew more than that then they might need all the hours of the day. And that also might not be enough.

Strat and others already gave it free for more than 10 years now. Two massive threads.Do your work and read if you need it free.
Focus, Patience, Discipline, Determination and Perseverance
1 trader viewing now