Strat's PASR Long Term, Stress Free Trading | Page 745 | 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

  • #14,881
  • Jan 16, 2022 12:30pm Jan 16, 2022 12:30pm
Quoting strat
{quote} Sorry but I'm technically incompetent when it comes to computer stuff but it is all fully explained in both threads with many examples.
Quoting chartsndream
{quote} Strat, In regards to watching the short video explaning the basics of PASR via screencast, how are we able to do this at the present time as it requires to run Adobe Flash to run the video but Adobe has retired Flash and is no longer supported? I have tried downloading alternatives that work similar to Adobe Flash with no luck. (see attached) Thanks in advance. {image}
I do not know what software was used for the swf, but it's the most atrocious swf ever made lol. it's impossible to convert it properly. so i recorded the video

the original file is here
PASR basics explained.swf

PASR basics explained.swf
https://www68.zippyshare.com/v/cLnZ5WKQ/file.html
PASR basics explained_swf_2022-01-16_19-21-22.mkv
https://www68.zippyshare.com/v/ApwRJ8i7/file.html
  • #14,882
  • Jan 17, 2022 9:40am Jan 17, 2022 9:40am
Smart Money is on a 3 day MLK weekend so volatility is very low therefore just studying how PRICE behaves in low volatility situations.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,883
  • Jan 17, 2022 9:42am Jan 17, 2022 9:42am
PM

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 6 KB

By spending thousands of hours studying thousands of charts across all time frames over all forex history to find where PRICE finds Support/Resistance.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,884
  • Jan 17, 2022 10:02am Jan 17, 2022 10:02am
For LAZY people, here is an extract from Post 1 on this thread:

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 5 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,885
  • Jan 19, 2022 4:37am Jan 19, 2022 4:37am
Quoting strat
For LAZY people, here is an extract from Post 1 on this thread: {image}
you are delusional for expecting people who may not even be fluent in english to read thousands of line of your ramblings scattered on several websites. That's the opposite of pedagogy.
  • #14,886
  • Jan 19, 2022 10:25am Jan 19, 2022 10:25am
M1 DOW

After yesterday's "walk in the park" trading, today's PA is, as expected, erratic and wild at US Open. Then, as I missed my entries, and picked up higher risk ones, I realised my trading brain is not in gear today so shut up shop and browse football online.

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 49 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,887
  • Jan 20, 2022 7:17am Jan 20, 2022 7:17am
Quoting Ieis5
{quote} you are delusional for expecting people who may not even be fluent in english to read thousands of line of your ramblings scattered on several websites. That's the opposite of pedagogy.
I don't post on here often, but I couldn't let this one go. To learn you must read, the author is English. If you want him to 'cut to the chase and tell you how to get rich in 3 months' I'd suggest you go back to the myriad of threads on indicators, 'systems' and bots.

Then come back here in 10 years when you've realised there is no grail and wasted thousands in blown accounts and purchasing snake oil, to apologise for calling Strat delusional.

reading the 700+ pages on this thread will be the START of your education.
Getting there, slowly but surely...
  • #14,888
  • Jan 22, 2022 2:11am Jan 22, 2022 2:11am
Quoting Edlich
{quote} I don't post on here often, but I couldn't let this one go. To learn you must read, the author is English. If you want him to 'cut to the chase and tell you how to get rich in 3 months' I'd suggest you go back to the myriad of threads on indicators, 'systems' and bots. Then come back here in 10 years when you've realised there is no grail and wasted thousands in blown accounts and purchasing snake oil, to apologise for calling Strat delusional. reading the 700+ pages on this thread will be the START of your education.
We cannot agree more.

thank you
  • #14,889
  • Jan 23, 2022 9:00am Jan 23, 2022 9:00am
Quoting Edlich
{quote} I don't post on here often, but I couldn't let this one go. To learn you must read, the author is English. If you want him to 'cut to the chase and tell you how to get rich in 3 months' I'd suggest you go back to the myriad of threads on indicators, 'systems' and bots. Then come back here in 10 years when you've realised there is no grail and wasted thousands in blown accounts and purchasing snake oil, to apologise for calling Strat delusional. reading the 700+ pages on this thread will be the START of your education.
Thank you for your support. Seems to me he blew a fuse as, apart from FF and my private website, I have never been on "several websites" let alone, ""ramble"" on them.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,890
  • Jan 27, 2022 1:08pm Jan 27, 2022 1:08pm
s&p in m5
first trade lose
second trade took after news and win and entry one candel late
Attached Image (click to enlarge)
Click to Enlarge Name: [SP500]M5.png Size: 249 KB
  • #14,891
  • Jan 27, 2022 3:55pm Jan 27, 2022 3:55pm
hi mister Strat

Im sorry I forgot specify both trades its long trades

first trade its loser

my entry in first trade its because price close above big shadow candel like big doji four candels before and Im seen that like resistence broken because I had resistence line there when I take trade

but then when trade its closed and when price progress up I put new sr lines line like you say because we need just two lines

Im have three because I saw another very obvios resistence

second trade I confes I didnt exit because I expected beob or shooting star and red candel you mark I didnt seen it like that and I didnt exited

but I understand why exit should been there - because its show presure from seller side but I failed see that candel like that

exit in second trade was when green doji candel form, but I saw it little later and price was in form of that next big red candel and I exit

so my exit was not in red candel but in green doji, just with little late time and price moved down much before I press exit button

Im sorry Im didnt specify both trades its bulish, and I know blue arrows in the chart who mark both entrys are little and hard for see obvios

Im attach now chart with bars who show entry its bulish with blue circle mark

mister Strat thanck you very much for reply not only in this post but in others posts from me, because I really want become good trader and Im apreciate everything
Attached Image (click to enlarge)
Click to Enlarge Name: [SP500]M5 bars.png Size: 365 KB
  • #14,892
  • Jan 28, 2022 6:38am Jan 28, 2022 6:38am
s&p sell win just now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: [SP500]M5 bars.png Size: 244 KB
Click to Enlarge Name: [SP500]M5.png Size: 255 KB
  • #14,893
  • Edited 3:13pm Jan 29, 2022 11:51am | Edited 3:13pm
For those with an interest in trading the longer time frames (which what this thread was originally for), check out the move on the GBPUSD from late December to mid January.

Once price broke from the WCC at the bottom, there were NO worker closes below previous candles until the bearish candle January 14th when the WCC at the top formed.

One could have got short after this candle or for a more conservative approach, waited until price broke to the downside from that WCC. However there were a couple of good PA signals to go short before the WCC was broken.

From the top to where we closed Friday, there have been NO worker closes above previous candles.

Regards
Terry
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 54 KB
  • #14,894
  • Jan 30, 2022 1:29pm Jan 30, 2022 1:29pm
Quoting TerryDawe
For those with an interest in trading the longer time frames (which what this thread was originally for), check out the move on the GBPUSD from late December to mid January. Once price broke from the WCC at the bottom, there were NO worker closes below previous candles until the bearish candle January 14th when the WCC at the top formed. One could have got short after this candle or for a more conservative approach, waited until price broke to the downside from that WCC. However there were a couple of good PA signals to go short before the WCC was...
thanck you for chart Terry
your right its beautiful move
  • #14,895
  • Jan 31, 2022 4:43am Jan 31, 2022 4:43am
Hi there,

I'm using tradingview and I'm trying to setup EMA and Strat Shadow. Could you please help me to check if I setup correctly?

2 EMAs - 20 and 72. For Strat Shadow I'm using MA Ribbon R2 by JustUncleL - Please see the attached file.

Thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 111 KB
Click to Enlarge Name: EMA 20.png Size: 64 KB
Click to Enlarge Name: EMA 72.png Size: 61 KB
Click to Enlarge Name: Strat Shadow.png Size: 258 KB
  • #14,896
  • Jan 31, 2022 2:03pm Jan 31, 2022 2:03pm
take loss today in s&p500
sell trade
Attached Image (click to enlarge)
Click to Enlarge Name: [SP500]M5.png Size: 195 KB
  • #14,897
  • Feb 4, 2022 3:56am Feb 4, 2022 3:56am
Quoting ph2lsl
take loss today in s&p500 sell trade {image}
200 EMA is a very good dynamic support.
Take a look back at the M15 and H1 at the time you sold. You are trying to catch a counter-trend move.
  • #14,898
  • Feb 5, 2022 1:26pm Feb 5, 2022 1:26pm
Quoting ph2lsl
take loss today in s&p500 sell trade {image}
There are so many things wrong with this at all levels. Your trade has NOTHING to do with my PASR teachings.

The blue trend line I added to your chart shows a STRONG UPTREND
PRICE has just COMPLETED a 1-2-3 CORRECTIVE wave to that up trend

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 213 KB


So, from a trend trading point of view AND PRICE STRUCTURE point of view, there is NOTHING telling you to look for short trades. The opposite is true, it is telling you to look for LONG opportunities.

Attached Image (click to enlarge)
Click to Enlarge Name: b.PNG Size: 6 KB


Zooming in closer at your time of entry, we SEE PRICE bouncing UP off the blue trend line AND the 12 candles BEFORE your entry were all SUPPORT - see the yellow box.

Then, look at the candle you entered short on - it is a DOJI HAMMER confirming that support.

Are you sure you are a student of PASR? Nowhere in these two PASR threads does it say to go short on a HAMMER. PASR looks for LONG opportunities on a HAMMER and SHORT opportunities on a SHOOTING STAR.

Then there is the white trend line you drew. In basic 101 Trading, you look for a CLOSE above it to enter LONG. Why did you draw it and what was it telling you?

Finally, IF you really were a PASR trader, you would have been monitoring the next higher time frame, M15, where the up trend stands out like a sore thumb.

Attached Image (click to enlarge)
Click to Enlarge Name: c.PNG Size: 49 KB


Then there is a SERIOUS LACK OF MONEY MANAGEMENT. You let PRICE go AGAINST you for 13 ticks, which for 1 lot on my broker at $5 per tick, is $65!

Again, IF you really were a PASR trader, you would have known to GET OUT and CLOSE your short on the very next candle which both CLOSED above your entry candle and which was a BULLISH ENGULFING CANDLE.

I suggest you FORGET about trading until you have clearly UNDERSTOOD PASR.

Thanks for posting.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,899
  • Feb 5, 2022 1:35pm Feb 5, 2022 1:35pm
Quoting TPForex08
Hi there, I'm using tradingview and I'm trying to setup EMA and Strat Shadow. Could you please help me to check if I setup correctly? 2 EMAs - 20 and 72. For Strat Shadow I'm using MA Ribbon R2 by JustUncleL - Please see the attached file. Thank you {image} {image} {image} {image}
Your Strat Shadow is correct at 20 ema and 72 ema.

Thanks for posting and good luck
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,900
  • Feb 5, 2022 3:14pm Feb 5, 2022 3:14pm
Quoting strat
{quote} There are so many things wrong with this at all levels. Your trade has NOTHING to do with my PASR teachings. The blue trend line I added to your chart shows a STRONG UPTREND PRICE has just COMPLETED a 1-2-3 CORRECTIVE wave to that up trend {image} So, from a trend trading point of view AND PRICE STRUCTURE point of view, there is NOTHING telling you to look for short trades. The opposite is true, it is telling you to look for LONG opportunities. {image} Zooming in closer at your time of entry, we SEE PRICE bouncing UP off the blue trend line...
hi mister Strat

please alow for me explain how I seen that analysys for my trade

entry its in beob pattern not in hammer, but when beob patern was finish then new candel apear and little red sign for entry is glued in hammer candel

I put check sign by mistake under hammer candel too so its my error there

sell decision its because price its under 200ema and because lower lows I mark with red circles I thought show downtrend? and the low mark with white circle its break at time of my entry so I seen it like down market with price more lower and lower and strat shadow its red shadow

white trend line I drew because its stand up in front of my eyes and price bounce in it to downside with beob (my entry)

its broker diference in pip value

if you dont mind I like your permision to try again more and not forget about pasr trading yet

I think my big mistake its I look at very recent move and not over all trend? Im will look in m15 for clear picture in future like you show me

thanck you very much for time to explain me my mistake
Attached Image (click to enlarge)
Click to Enlarge Name: [SP500]M5.png Size: 100 KB
3 traders viewing now