DOW Trades
61.8 Fib Retracement
PT in the region of mS1
61.8 Fib Retracement
PT in the region of mS1
Make sure losses are small and profits are bigger!
Strat's PASR Long Term, Stress Free Trading
- #16,162
- Edited 2:46pm Feb 14, 2023 12:27pm | Edited 2:46pm
- Joined Mar 2007 | Status: Trader | 2,126 Posts
New possibility for DOW if it reaches Previous session close, and bounced from the fibs as drawn, would need the Price rejection bar of some kind,
Otherwise will short from the pivot to mS2 as PT
It all depends on bar patterns, as usual!
edit: 15 min to US close
Have removed the idea of shorting
Just a few scalps
Otherwise will short from the pivot to mS2 as PT
It all depends on bar patterns, as usual!
edit: 15 min to US close
Have removed the idea of shorting
Just a few scalps
Make sure losses are small and profits are bigger!
- #16,163
- Feb 14, 2023 12:38pm Feb 14, 2023 12:38pm
- Joined Mar 2007 | Status: Trader | 2,126 Posts
DOW Fibs RET and EXT in one go, both ways for easy drawing
Make sure losses are small and profits are bigger!
- #16,165
- Edited 4:11am Feb 15, 2023 4:00am | Edited 4:11am
{quote} God dag and thank you for your post and appreciation. I'm not the best person to comment on Asian trading activity as I have never traded or studied it. All I know is that any meaningful PA, PASR and PRICE STRUCTURE produced in any trading session will be visible and identified as we mark up our trading charts each day prior to trading. If this works for you and you can be consistently profitable using it then use it, however, you need to PROVE it first and trade it in REAL TIME on a REAL TRADING account with REAL MONEY and not on your broker's...
After reading "The Path" and coming back to the thread I was surprised positively to see you posting 1M charts since I thought they're too hectic for your gusto.
Obviously I haven't read through years of conversations so I wouldn't know what changed your mind, but I'd like to know.
I'm a bit confused by all the lines, dashed, dotted etc.
I assume the dashed black lines are S/R. Does the thickness mean you have confirmed them on several higher TFs?
May I also ask what do you mark with the dark green dashed lines?
Thick green, thick dotted orange and thin yellow line are S/R identified on other TFs ?!?
And lastly I assume the arrows mark entries and the Xs mark what? Bond candles?
Sorry for bombarding you with all these questions
Greetings
- #16,167
- Feb 15, 2023 6:20am Feb 15, 2023 6:20am
{quote} the x marks the exits. My X was just to show that I wouldnt sell or buy there since (to me at least) there seems to be no indication at those points. But thats just what I see on your chart
- #16,169
- Feb 15, 2023 1:47pm Feb 15, 2023 1:47pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
M1 EURO
Screwed up again twice which cost me 31% of my profits from the first trades. The strong support from 5:30am to 6:00am which was tested 4 times was the problem coupled with not getting out at reverse PASR. Really pissed off with myself as I should know better.
Screwed up again twice which cost me 31% of my profits from the first trades. The strong support from 5:30am to 6:00am which was tested 4 times was the problem coupled with not getting out at reverse PASR. Really pissed off with myself as I should know better.
15 YEARS OF PASR ON FOREX FACTORY!
- #16,170
- Feb 15, 2023 1:48pm Feb 15, 2023 1:48pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,171
- Feb 15, 2023 1:49pm Feb 15, 2023 1:49pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,172
- Feb 15, 2023 6:02pm Feb 15, 2023 6:02pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,173
- Feb 16, 2023 3:33am Feb 16, 2023 3:33am
{quote} Will reply later - got to watch football.
Which game were you watching? Premier League, La Liga or one of the Champions League fixtures?
I have attached a screenshot with arrows pointing to the lines I asked about, thanks in advance
- #16,174
- Edited 8:28am Feb 16, 2023 4:53am | Edited 8:28am
Today's Trade on the DAX (1min)
Trade was about 1:5 RR
edit: 3 More Trades on DAX
2x -1R
1x +5R
Done with DAX for the day.
Will check Dow J in 1,5h
edit2: forgot something....
Trade was about 1:5 RR
edit: 3 More Trades on DAX
2x -1R
1x +5R
Will check Dow J in 1,5h
edit2: forgot something....
https://twitter.com/BeauBuyer
- #16,176
- Feb 16, 2023 1:01pm Feb 16, 2023 1:01pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
M1 EURO
Irregular PRICE, PA and PRICE STRUCTURE today -another test of chart reading skills.
Irregular PRICE, PA and PRICE STRUCTURE today -another test of chart reading skills.
15 YEARS OF PASR ON FOREX FACTORY!
- #16,177
- Feb 16, 2023 1:02pm Feb 16, 2023 1:02pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,178
- Feb 16, 2023 1:03pm Feb 16, 2023 1:03pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,179
- Feb 16, 2023 1:14pm Feb 16, 2023 1:14pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
{quote} I can totally understand that priority, I'm a football fan myself AC Milan
Same as the pizza man then!
Which game were you watching? Premier League, La Liga or one of the Champions League fixtures?
Chelsea v Dortmund
Today is Man U v Barcalona
See attached
15 YEARS OF PASR ON FOREX FACTORY!
- #16,180
- Edited 1:49pm Feb 16, 2023 1:24pm | Edited 1:49pm
- Joined Mar 2007 | Status: Trader | 2,126 Posts
DOW trades during the US session
Both trades were multi entry positions, initial entries need some explanation, I was gunning for gaps closure as explained in my journal.
The first position trade has been a bit underwater, nothing drastic, played the MM game here, and added seriously once in profit.
First profit taken manually at the DP, second profit taken by limit order as I have been away from monitors.
Apart from the first entries, all have been trade following and in relation to bar formation.
It has been a day when MM were clearly at work, as usual, so far a Daily pivot at 3420 area has been a reasonable area to take profits.
Initially have been thinking of PT at the last session close, but PA has been a bit restricted, so taken what was there.
Both trades were multi entry positions, initial entries need some explanation, I was gunning for gaps closure as explained in my journal.
The first position trade has been a bit underwater, nothing drastic, played the MM game here, and added seriously once in profit.
First profit taken manually at the DP, second profit taken by limit order as I have been away from monitors.
Apart from the first entries, all have been trade following and in relation to bar formation.
It has been a day when MM were clearly at work, as usual, so far a Daily pivot at 3420 area has been a reasonable area to take profits.
Initially have been thinking of PT at the last session close, but PA has been a bit restricted, so taken what was there.
Make sure losses are small and profits are bigger!