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Strat's PASR Long Term, Stress Free Trading

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  • Post #14,981
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  • Feb 28, 2022 4:55pm Feb 28, 2022 4:55pm
  •  TerryDawe
  • Joined Jun 2015 | Status: Member | 522 Posts
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  • Post #14,982
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  • Feb 28, 2022 8:00pm Feb 28, 2022 8:00pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 37,330 Posts
Quoting strat
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{quote} Happy 13 YEARS of PASR on Forex Factory! Thank you Sanji
Ignored

CONGRATULATIONS!

and onward to the next 13 ...


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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  • Post #14,983
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  • Mar 1, 2022 7:43am Mar 1, 2022 7:43am
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
Quoting TerryDawe
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{image}
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Nice chart, Terry!
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  • Post #14,984
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  • Mar 1, 2022 3:28pm Mar 1, 2022 3:28pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting emmanuel7788
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{quote} CONGRATULATIONS! and onward to the next 13 ... {image} ...
Ignored
Thank you Emmanuel
13 YEARS OF PASR ON FOREX FACTORY!
 
 
  • Post #14,985
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  • Mar 1, 2022 3:29pm Mar 1, 2022 3:29pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting Sanji
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{quote} Nice chart, Terry! {image}
Ignored
Happy St. David's Day!

Here's another "nice" chart - M1 DOW

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,986
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  • Mar 1, 2022 10:39pm Mar 1, 2022 10:39pm
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
Hi Strat,
Price Action at Support
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  • Post #14,987
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  • Mar 2, 2022 2:41pm Mar 2, 2022 2:41pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
M1 DOW

The power of the Strat Shadow - even my deaf and dumb blind old man with asthma and one leg could make toneladas de dinero!

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13 YEARS OF PASR ON FOREX FACTORY!
 
 
  • Post #14,988
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  • Mar 2, 2022 2:42pm Mar 2, 2022 2:42pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting Sanji
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Hi Strat, Price Action at Support {image}
Ignored
Good job!
13 YEARS OF PASR ON FOREX FACTORY!
 
 
  • Post #14,989
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  • Mar 2, 2022 6:26pm Mar 2, 2022 6:26pm
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
Trade price action from support to resistance. EMA200 is power and Never forget it in this strategy.
I don’t have my computer to show this trade now. But tradingview chart is useful.
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  • Post #14,990
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  • Mar 2, 2022 7:00pm Mar 2, 2022 7:00pm
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
The red down arrow is not a trade of mine. But look at it, a nice entry to short where I long before.
This is power of Strat Shadow.
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  • Post #14,991
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  • Mar 2, 2022 7:08pm Mar 2, 2022 7:08pm
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
Hi Strat, this is Basic PASR.
But I don't like going against the trend, look at the upper wicks of the following candles.
Maybe my trend trading mentality doesn't allow me to do this.
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  • Post #14,992
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  • Mar 3, 2022 11:52am Mar 3, 2022 11:52am
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting Sanji
Disliked
Trade price action from support to resistance. EMA200 is power and Never forget it in this strategy. I don’t have my computer to show this trade now. But tradingview chart is useful. {image}
Ignored
Yes, Sanji. There are also 2 Add On trades - 1 as PRICE closes above the Strat Shadow and another as PRICE closes above SR.

Then there are the trades back down as PRICE closes below the Strat Shadow and below SR

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,993
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  • Mar 3, 2022 12:20pm Mar 3, 2022 12:20pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting Sanji
Disliked
The red down arrow is not a trade of mine. But look at it, a nice entry to short where I long before. This is power of Strat Shadow. {image}
Ignored
Right again, Sanji but there is an earlier entry as PRICE closes below the Strat Shadow. Then there are 2 Trend PASR entries before your red arrow. There are another 2 Trend PASR Add Ons - 1 when PRICE closes below SR created by my Depth Gauge and 1 below the doji Shooting Star testing the Strat Shadow.

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,994
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  • Mar 3, 2022 12:43pm Mar 3, 2022 12:43pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
Quoting Sanji
Disliked
Hi Strat, this is Basic PASR. But I don't like going against the trend, look at the upper wicks of the following candles. Maybe my trend trading mentality doesn't allow me to do this. {image}
Ignored
Sanji, it starts out as Basic PASR as all trend changes do but the bottom trend line showing HLs tells us the shorts are losing strength while the bulls are gaining strength. The first green arrow where PRICE closes above the Strat Shadow is a high risk trade as there is tested SR above it but would have been perfect as PRICE never closed below it's high. You would probably TP at the doji Shooting Star at 200 ema but I would not as I do not trade the 200 ema. There is an Add On where PRICE tests the Strat Shadow and the TP at the next doji Shooting Star. Then there are 2 more Add Ons as PRICE tests the Strat Shadow again. TP is at the doji at SR.

Maybe my trend trading mentality doesn't allow me to do this.

Do not worry about this. If you are consistently profitable with the way YOU trade then DO NOT CHANGE ANYTHING.

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,995
  • Quote
  • Mar 3, 2022 12:55pm Mar 3, 2022 12:55pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
M1 DOW

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,996
  • Quote
  • Mar 3, 2022 1:06pm Mar 3, 2022 1:06pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
M1 NASDAQ

Fat City Trading!

Indices as weak as Butwiper beer!!!!!

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #14,997
  • Quote
  • Mar 3, 2022 4:36pm Mar 3, 2022 4:36pm
  •  TerryDawe
  • Joined Jun 2015 | Status: Member | 522 Posts
Quoting strat
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M1 NASDAQ Fat City Trading! Indices as weak as Butwiper beer!!!!! {image}
Ignored
Always nice to watch a master in action, well done Strat.

Easy peasy isn't it with the shadow?

Regards
Terry
 
 
  • Post #14,998
  • Quote
  • Mar 3, 2022 7:21pm Mar 3, 2022 7:21pm
  •  Sanji
  • | Joined Jul 2020 | Status: Trend is your friend | 185 Posts
Quoting strat
Disliked
{quote} Sanji, it starts out as Basic PASR as all trend changes do but the bottom trend line showing HLs tells us the shorts are losing strength while the bulls are gaining strength…. {image}
Ignored
Hi Strat,
Thank you for your guidance and knowledge.
Maybe I was too safe looking for an entry with a high reward rate. That stops me from looking for multiple intraday trades.
 
 
  • Post #14,999
  • Quote
  • Mar 4, 2022 2:44pm Mar 4, 2022 2:44pm
  •  Strat
  • Joined Feb 2009 | Status: 13 YEAR PASR THREAD Senior Member | 11,372 Posts
While waiting for PRICE to settle during NFP, I looked at the currencies and realised how trendy they currently are so I will be adding these to my trading.

I last traded currency futures in 1997 so I need to get up to speed with them.

Here is what I saw on the M1 EURO:

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13 YEARS OF PASR ON FOREX FACTORY!
 
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  • Post #15,000
  • Quote
  • Mar 5, 2022 9:51am Mar 5, 2022 9:51am
  •  TerryDawe
  • Joined Jun 2015 | Status: Member | 522 Posts
Quoting strat
Disliked
While waiting for PRICE to settle during NFP, I looked at the currencies and realised how trendy they currently are so I will be adding these to my trading. I last traded currency futures in 1997 so I need to get up to speed with them. Here is what I saw on the M1 EURO: {image}
Ignored
You're right Strat, there are some nice trending pairs in forex also if you choose the right ones.
And for those who would like to trade the higher time frames than the M1 or M5 check out this H4.
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