Strat's PASR Long Term, Stress Free Trading | Page 810 | 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

  • #16,181
  • Feb 16, 2023 1:24pm Feb 16, 2023 1:24pm
Quoting Mdjq8792
{quote} Can only agree with everything you wrote. 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...
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.

D1 was too slow, then H1 was then M15 was, then M5 for a while became too slow plus M1 allows larger position sizes, smaller risk and better money management for me. Even M1 is too slow for me now.

I assume the arrows mark entries and the Xs mark what?

Attached Image (click to enlarge)
Click to Enlarge Name: M5 Chart and different trading broker.png Size: 110 KB

The arrows are my entries, the X are my exits copied onto MT5, my charting platform, from my separate trading account with a different broker

Ahything else?
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,182
  • Feb 17, 2023 5:21am Feb 17, 2023 5:21am
EU M1 price testing strat shadow and 200 as resistance and with good PA, not a great price structure but my gut told me to take that set up, trailing my sl above dragonfly doji(or BUOB) and support , initially i saw this setup on m5 basic pasr resistance to support.
Attached Image (click to enlarge)
Click to Enlarge Name: Captură de ecran din 2023-02-17 la 13.11.57.png Size: 20 KB
  • #16,183
  • Feb 17, 2023 8:12am Feb 17, 2023 8:12am
Just took a trade in DAX 1m
Trade was about 1:3 RR

And also had 1 loosing trade before
Probably no trades in US market (Dow to be precise) today, as it's friday and I will start my weekend a little bit earlier!

Have a nice WE!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
https://twitter.com/BeauBuyer
  • #16,184
  • Feb 17, 2023 9:14am Feb 17, 2023 9:14am
Quoting Strat
{quote} 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 {image}
Who's the pizza man?

Barca vs United was a nice match to watch, both teams are having a great run without loosing and seem to have found solidity in their game. But enough of it, don't want to get too much off topic here, but nice to see we share another passion besides watching the charts.

I appreciate the clarification. Could be so kind to explain the dark green dashed lines with letters & numbers on the right side (FE 361.8, FE 300 etc)?

Greetings
  • #16,185
  • Feb 17, 2023 9:22am Feb 17, 2023 9:22am
Quoting Strat
{quote} 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. D1 was too slow, then H1 was then M15 was, then M5 for a while became too slow plus M1 allows larger position sizes, smaller risk and better money management for me. Even M1 is too slow for me now. I assume the arrows mark entries and the Xs mark what? {image} The arrows are my entries, the X are my exits copied onto...

Thanks for the screenshot! Now I have a reference to go back to and read through the thread. I agree on D1 being too slow, albeit more stress free.

I was wondering how much historical price data you take into consideration when marking up your chart with the M1 SR/SWING Hi-LO if that makes sense?
I have been asking myself the same for the other TFs you mark your SR/SWING HI-LO in order to trade the M1.

Ciao
  • #16,186
  • Feb 17, 2023 10:02am Feb 17, 2023 10:02am
Quoting Mdjq8792
{quote} Who's the pizza man? Barca vs United was a nice match to watch, both teams are having a great run without loosing and seem to have found solidity in their game. But enough of it, don't want to get too much off topic here, but nice to see we share another passion besides watching the charts. I appreciate the clarification. Could be so kind to explain the dark green dashed lines with letters & numbers on the right side (FE 361.8, FE 300 etc)? Greetings
FE is a fibonacci extension
  • #16,187
  • Feb 17, 2023 1:26pm Feb 17, 2023 1:26pm
M1 EURO

Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 18 KB

Finished early due to Big Boss's plans
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,188
  • Feb 18, 2023 12:00pm Feb 18, 2023 12:00pm
Quoting DexterzxD
EU M1 price testing strat shadow and 200 as resistance and with good PA, not a great price structure but my gut told me to take that set up, trailing my sl above dragonfly doji(or BUOB) and support , initially i saw this setup on m5 basic pasr resistance to support. {image}
Good job - keep it up
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,189
  • Feb 18, 2023 12:05pm Feb 18, 2023 12:05pm
Quoting ixam23
Just took a trade in DAX 1m Trade was about 1:3 RR And also had 1 loosing trade before Probably no trades in US market (Dow to be precise) today, as it's friday and I will start my weekend a little bit earlier! Have a nice WE! {image}
Just took a trade in DAX 1m Trade was about 1:3 RR

Well done

also had 1 losing trade before

They happen - just make sure they are less than your winners

Probably no trades in US market (Dow to be precise) today, as it's Friday

Why? Every day is a trading day and today was good on the Dow. Don't believe others - you will soon find out whether its a trading day by watching PA.

Thanks for posting
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,190
  • Feb 18, 2023 12:08pm Feb 18, 2023 12:08pm
Quoting Mdjq8792
{quote} Who's the pizza man? Barca vs United was a nice match to watch, both teams are having a great run without loosing and seem to have found solidity in their game. But enough of it, don't want to get too much off topic here, but nice to see we share another passion besides watching the charts. I appreciate the clarification. Could be so kind to explain the dark green dashed lines with letters & numbers on the right side (FE 361.8, FE 300 etc)? Greetings
Who's the pizza man?

BabaG - he is in the early years of the old thread and later years in this thread.

explain the dark green dashed lines with letters & numbers on the right side

As bistolis posted, these are Fibonacci Expansion - green for long, red for short.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,191
  • Feb 18, 2023 12:15pm Feb 18, 2023 12:15pm
Quoting Mdjq8792
{quote} Thanks for the screenshot! Now I have a reference to go back to and read through the thread. I agree on D1 being too slow, albeit more stress free. I was wondering how much historical price data you take into consideration when marking up your chart with the M1 SR/SWING Hi-LO if that makes sense? I have been asking myself the same for the other TFs you mark your SR/SWING HI-LO in order to trade the M1. Ciao
how much historical price data you take into consideration when marking up your chart with the M1 SR/SWING Hi-LO if that makes sense?

On M1, on opening my chart, I just mark those before me on that screen that stand out and then continue to mark them as time progresses.

the same for the other TFs you mark your SR/SWING HI-LO in order to trade the M1.

I go back as far as necessary to get meaningful tried and tested SR and then mark up major swings.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,192
  • Feb 20, 2023 6:47am Feb 20, 2023 6:47am
Quoting Strat
{quote} Just took a trade in DAX 1m Trade was about 1:3 RR Well done also had 1 losing trade before They happen - just make sure they are less than your winners Probably no trades in US market (Dow to be precise) today, as it's Friday Why? Every day is a trading day and today was good on the Dow. Don't believe others - you will soon find out whether its a trading day by watching PA. Thanks for posting
Thanks!

Yes, that's true, but I felt like call it a week a little earlier on friday!

Today no trade so far, and as there is US holiday today it will probably stay like that...
https://twitter.com/BeauBuyer
  • #16,193
  • Feb 20, 2023 8:38am Feb 20, 2023 8:38am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB

Extremely slow and tricky. I think I will call it a day with 70pips in the bank. the whole day has been an excercise in patience. I missed some good entries short in the early London hours and then I was practically scalping for 10-30 pips
  • #16,194
  • Edited 1:28pm Feb 20, 2023 1:14pm | Edited 1:28pm
Quoting bistolis
{image} Extremely slow and tricky. I think I will call it a day with 70pips in the bank. the whole day has been an exercise in patience. I missed some good entries short in the early London hours and then I was practically scalping for 10-30 pips
the whole day has been an exercise in patience.

This is a very valuable exercise - the more of these you can do, the better will be your profitability. Most of my time on M1 is spent waiting (patience).

M1 EURO was only moving 30 to 40 points today and that in an irregular manner which was only to be expected with US closed so I closed my laptop and did some "honey do" jobs
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,195
  • Feb 20, 2023 1:24pm Feb 20, 2023 1:24pm
Quoting Strat
{quote} I started using pivots as well and will keep an eye on how price reacts. I might find them useful. I evaluated pivots quite a while back but most of them were in confluence with already identified SR but I will take another look since 2be is successful using them. I have very little experience with pivots but suggest they be treated exactly as our SR - maybe 2be can further enlighten us on his use of them.
I ran pivots alongside my SR and Fibonacci all last week and they do not provide me with any additional information but that is me. I am sure they will be valuable for others with less experience. If they are valuable to you then go ahead and include them in your analysis and trading.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,196
  • Feb 20, 2023 1:28pm Feb 20, 2023 1:28pm
Quoting Strat
{quote} I researched and found everything online but ignore the scammers promoting and selling their worthless information. I may have saved some stuff on my old laptop so I will have a look when I get chance.
Hi bistolis, i checked my old laptop and surprisingly, I don't have a single thing on Fibonacci so it's all in my head.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,197
  • Feb 20, 2023 1:51pm Feb 20, 2023 1:51pm
Quoting Strat
{quote} Hi bistolis, i checked my old laptop and surprisingly, I don't have a single thing on Fibonacci so it's all in my head.
Thats alright. thanks anyway
  • #16,198
  • Feb 20, 2023 9:52pm Feb 20, 2023 9:52pm
Who is the big boss??
  • #16,199
  • Feb 20, 2023 10:14pm Feb 20, 2023 10:14pm
Quoting ninner
Who is the big boss??
Strat.
  • #16,200
  • Feb 21, 2023 1:40am Feb 21, 2023 1:40am
Quoting ninner
Who is the big boss??
Hi. You can find all the terminology in the thread. Basically it is the monthly chart if you would be trading the daily
2 traders viewing now