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Strat's PASR Long Term, Stress Free Trading

  • #15,561
  • Aug 22, 2022 1:14pm Aug 22, 2022 1:14pm
Should have had a look at EURJPY (1M) , very clean in my noon timezone. Possible entry points
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  • #15,562
  • Aug 22, 2022 7:51pm Aug 22, 2022 7:51pm
Quoting Strat
{quote} entering 10 mins before opening a new candle so that I can enter at a lower spread. Been there and done that - it's a LOSING strategy over time and a BIG LOSING strategy if you choose the wrong pairs! I have the scars to prove it. I think trading the m5 with the smallest lot size (0.01) my broker can give would be beneficial for gaining experience in the market. Agree but make sure you understand and can apply PASR. TIP - don't just sit there watching candles go up and down - SEE BEYOND THE CANDLES - don't see green candles - SEE BUYERS...
Thank you strat! You speak from experience and I will follow.
  • #15,563
  • Aug 23, 2022 12:28am Aug 23, 2022 12:28am
Quoting Strat
{quote} In MT5 you can insert M5 chart into M1 chart. Thank you, swiftman, I have learned something new Any idea how to get the Strat Shadow on the inserted chart?
Hi Strat

Not possible only plain chart can be inserted.

Thanks
  • #15,564
  • Aug 23, 2022 3:46am Aug 23, 2022 3:46am
STPASR

Sore Thumb Price Action @ Support Resistance

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  • #15,565
  • Edited 1:25pm Aug 23, 2022 4:15am | Edited 1:25pm
DEVA VU
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  • #15,566
  • Aug 23, 2022 10:51am Aug 23, 2022 10:51am
M1 EURO

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Parallel trading M5 EURO on different account

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15 YEARS OF PASR ON FOREX FACTORY!
  • #15,567
  • Aug 23, 2022 10:15pm Aug 23, 2022 10:15pm
Quoting Strat
M1 EURO {image} {image} Parallel trading M5 EURO on different account {image}


Question Mr. Strat: how do you choose the pairs that you are going to trade in a day, is base on ATR? I know you have a ranking of volatility pairs, should we trade the most volatile pairs?
  • #15,568
  • Aug 24, 2022 12:53am Aug 24, 2022 12:53am
Hi Strat

I discovered this by accident today.

In MT5 there is a feature call "Docked". Once the chart is docked then it will always stay on top of other charts until undocked.
After chart is docked then you the option to remove the toolbar. Hope this improve your trading layout.

Thanks

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  • #15,569
  • Aug 24, 2022 5:13am Aug 24, 2022 5:13am
Quoting chiche
{quote} Question Mr. Strat: how do you choose the pairs that you are going to trade in a day, is base on ATR? I know you have a ranking of volatility pairs, should we trade the most volatile pairs?
Hi Chiche,
As you already may know,
Strat already has his chosen pairs list based on Volatility/ATR 10.
Check his post on the 14th of November 2017 for the list on the old thread.
If that list has changed based on his now love for 5mins/1min trading style/strategy.
I too we be waiting for him to educate us more through his reply.
Thank you.
Emeka
  • #15,570
  • Aug 24, 2022 5:25am Aug 24, 2022 5:25am
Quoting 2hpriest
{quote} Hi Chiche, As you already may know, Strat already has his chosen pairs list based on Volatility/ATR 10. Check his post on the 14th of November 2017 for the list on the old thread. If that list has changed based on his now love for 5mins/1min trading style/strategy. I too we be waiting for him to educate us more through his reply. Thank you. Emeka
Go it, thanks 2hpriest
  • #15,571
  • Aug 24, 2022 5:45am Aug 24, 2022 5:45am
Quoting Strat
{quote} I tried every which way without success so it's probably true. No matter, I can visualise where it will be. Thank you, bistolis
I spent some time this morning and found this
http://https://www.mql5.com/en/marke...2F#description

I didnt try this out because I dont use mt5 but it seems like you can add any number of indicators on the minicharts
  • #15,572
  • Aug 24, 2022 11:38am Aug 24, 2022 11:38am
M1 EURO

PA was erratic until 7:06 my time when the first ""orderly"" swing was completed which was my signal to look for trades

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M5 EURO

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M5 DOW

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15 YEARS OF PASR ON FOREX FACTORY!
  • #15,573
  • Aug 24, 2022 11:47am Aug 24, 2022 11:47am
M1 EURO

One of the few occasions when PRICE STRUCTURE follows EW theory! If the theory hold, PRICE has to CLOSE above the blue line to complete Wave 5 otherwise it will be a failed Wave 5

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15 YEARS OF PASR ON FOREX FACTORY!
  • #15,574
  • Edited 2:10pm Aug 24, 2022 1:59pm | Edited 2:10pm
Good to see more people posting recently.

I got rained out on the golf course this morning so thought I would check out M1/M5 before lunch.

On the EU I started a fib at the most recent low and kept moving up until the first retrace.
A bullish candle printed at the 200 ema/61.8/bottom of shadow.
Next candle closed above the shadow and confirmed swing so I got long on its close (first chart)

Solid green bars with one red bar all the way to fib 261.8

Closed and took profit after BEEOB at the top and close below 261.8 with price moving back to strat shadow.
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  • #15,575
  • Aug 25, 2022 4:58am Aug 25, 2022 4:58am
Quoting bistolis
{quote} I spent some time this morning and found this http://https://www.mql5.com/en/marke...2F#description I didnt try this out because I dont use mt5 but it seems like you can add any number of indicators on the minicharts
Thanks bistolis but the link is broken
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,576
  • Aug 25, 2022 5:41am Aug 25, 2022 5:41am
Quoting Strat
{quote} Thanks bistolis but the link is broken
here is the correct link

https://www.mql5.com/en/market/product/46172
  • #15,577
  • Aug 25, 2022 5:58am Aug 25, 2022 5:58am
Quoting swiftman
{quote} Hi Strat Not possible only plain chart can be inserted. Thanks

you can apply the same template onto a chart and then 'Docked' the chart.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #15,578
  • Aug 25, 2022 9:42am Aug 25, 2022 9:42am
Quoting emmanuel7788
{quote} you can apply the same template onto a chart and then 'Docked' the chart. {image}
Guys, why don't open 2 charts and put the next to each other?
  • #15,579
  • Aug 25, 2022 10:46am Aug 25, 2022 10:46am
M1 DOW

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M5 DOW

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M1 EURO

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M5 EURO

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Low volatility today meaning small swings and candles with floating SR. Euro volatility increased at 10am NY time

M5 on both was much easier to trade today
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,580
  • Aug 25, 2022 10:49am Aug 25, 2022 10:49am
Quoting chiche
{quote} Guys, why don't open 2 charts and put the next to each other?
Agree, I don't like inserted charts as I need to SEE all the PRICE history to the left of the current PRICE.
15 YEARS OF PASR ON FOREX FACTORY!
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