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Strat's PASR Long Term, Stress Free Trading

  • #17,021
  • Jun 30, 2023 7:25pm Jun 30, 2023 7:25pm
Quoting Strat
M3 ES S&P 500 {image} Smooth sailing on a FRIDAY
T.G.I.F

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  • #17,022
  • Jul 3, 2023 10:27am Jul 3, 2023 10:27am
M1 EURO

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Up early this morning so I took a shifti on my old friend, the 6E EURO since the US Stock Markets will be slow the day before July 4th. 6E turned out to be the "horse" to be on today with regular PA, Price Structure and PASR even a novice could trade. A real pity the markets closed early today.

I am still struggling to find a chart background colour which provides clarity without straining my eyes at 5am.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,023
  • Jul 4, 2023 8:09am Jul 4, 2023 8:09am
happy 4th of july
  • #17,024
  • Jul 5, 2023 11:12am Jul 5, 2023 11:12am
M1 ES S&P 500

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PASR Strat Shadow Trend Trading
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,025
  • Jul 5, 2023 1:57pm Jul 5, 2023 1:57pm
ES
5 Handle run PM session
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  • #17,026
  • Jul 6, 2023 3:12am Jul 6, 2023 3:12am
ES
4 handle looser, tried picking the bottom at the london open

had a big move down during asia so was expecting some mean reversion

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  • #17,027
  • Jul 6, 2023 1:19pm Jul 6, 2023 1:19pm
M5 ES S&P 500

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Hard to stop trading on days like this!
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,028
  • Jul 7, 2023 1:07pm Jul 7, 2023 1:07pm
M5 RTY RUSSELL 2000

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M5 6E EURO

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When I got to my charts at 6am, the Indices were a mess following the knee jerk NFP action except RTY Russell 2000 which, unusually, was much smoother. The 6E Euro and 6B GBP were also smoother but I need the 6E volume plus I understand 6E better.

I started out on M1 on RTY and switched to M5 at 7:35am and M1 on 6E and switched to M5 at 7:25am

They may go a touch higher to the next SR but I'm done for today.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,029
  • Jul 10, 2023 3:32am Jul 10, 2023 3:32am
ES
5 Handles London Open
1st position I got stopped out at break even then I jumped in again after the longs had been knocked out

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  • #17,030
  • Jul 10, 2023 1:29pm Jul 10, 2023 1:29pm
M1 RTY RUSSELL 2000

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Done and dusted at 8am
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,031
  • Jul 11, 2023 3:21am Jul 11, 2023 3:21am
ES
London Open. Took 3 trades... which is a very active session for me
trade #1 - stopped out @ break even.
trade #2 - stopped out, 4 handle loser
trade #3 - 5 handles

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  • #17,032
  • Jul 11, 2023 1:24pm Jul 11, 2023 1:24pm
M1 6E EURO

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Indices were wicked PA with low volume and volatility so checked the EURO which was a little smoother PA but also on low volume and volatility.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,033
  • Jul 11, 2023 2:32pm Jul 11, 2023 2:32pm
ES
NY PM Took 4 trades...
trade #1 - stopped out, 4 handle loser
trade #2 - stopped out, 3 handle loser I need a smacked hand for this one, should never of taken it
trade #3 - 5 handles
trade #4 - 5 handles

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  • #17,034
  • Jul 12, 2023 12:30pm Jul 12, 2023 12:30pm
M1 RTY RUSSELL 2000

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Using volume to identify BIC (Buyers In Control) and SIC (Sellers In Control) with PASR is very powerful AND profitable
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,035
  • Jul 12, 2023 12:48pm Jul 12, 2023 12:48pm
Quoting p1pThief
ES NY PM Took 4 trades... trade #1 - stopped out, 4 handle loser trade #2 - stopped out, 3 handle loser I need a smacked hand for this one, should never of taken it trade #3 - 5 handles trade #4 - 5 handles {image}
Hi, p1pThief! Despite silly trades, it seems you have turned the corner around June/July this year - can you share what you did to change - it will help others who visit here?
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,036
  • Edited 2:06pm Jul 12, 2023 1:31pm | Edited 2:06pm
Quoting Strat
{quote} Hi, p1pThief! Despite silly trades, it seems you have turned the corner around June/July this year - can you share what you did to change - it will help others who visit here?
Apologies Strat, I wont post my silly trades in your thread anymore

I switched to index futures at the beginning of the year after inspiration from this thread

Due to the cost of a single e-mini contract I couldn't afford the large stops which I traded with in Forex so Ive started doing a lot more day trading

Index futures tend to move around a lot more in the NY PM as opposed to Forex which is a big advantage to me living in NZ. Now I can look at both the London Open and NY PM in my time zone

I also enjoy the fixed, single tick spread & the fact that everybody sees the same chart

I'm still trading PASR but have had to go outside this thread to learn specifics of Futures such as sessions, opening range, lunch time etc.

I'm very much still learning but also really enjoying the change so thankyou for the inspiration!
  • #17,037
  • Jul 12, 2023 2:09pm Jul 12, 2023 2:09pm
Quoting p1pThief
{quote} Apologies Strat, I wont post my silly trades in your thread anymore I switched to index futures at the beginning of the year after inspiration from this thread Due to the cost of a single e-mini contract I couldn't afford the large stops which I traded with in Forex so Ive started doing a lot more day trading Index futures tend to move around a lot more in the NY PM as opposed to Forex which is a big advantage to me living in NZ. Now I can look at both the London Open and NY PM in my time zone I also enjoy the fixed, single tick spread &...
Can you explain the "silly ones"? We can learn something whether positive or negative, and someone might test the specifics and chime in with efficacy from data...

Looks like you're going on breaks as well as potential reversals during the time windows you like, with more emphasis on SR and less on PA, yes?
  • #17,038
  • Jul 12, 2023 2:30pm Jul 12, 2023 2:30pm
Quoting p1pThief
{quote} Apologies Strat, I wont post my silly trades in your thread anymore I switched to index futures at the beginning of the year after inspiration from this thread Due to the cost of a single e-mini contract I couldn't afford the large stops which I traded with in Forex so Ive started doing a lot more day trading Index futures tend to move around a lot more in the NY PM as opposed to Forex which is a big advantage to me living in NZ. Now I can look at both the London Open and NY PM in my time zone I also enjoy the fixed, single tick spread &...
I wont post my silly trades in your thread anymore

I didn't mean that - please continue to post good, bad and ugly trades as we ALL learn from them (Barbaresco beat me to this post)

have had to go outside this thread to learn specifics of Futures such as sessions, opening range, lunch time etc.

You didn't really need to do that as you could have asked myself or Barbaresco as we both have a wealth of Futures trading experience plus Barbaresco is a wizard on statistics etc.

Please continue to post, thank you
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,039
  • Jul 13, 2023 4:13am Jul 13, 2023 4:13am
Quoting Barbaresco
{quote} Can you explain the "silly ones"? We can learn something whether positive or negative, and someone might test the specifics and chime in with efficacy from data... Looks like you're going on breaks as well as potential reversals during the time windows you like, with more emphasis on SR and less on PA, yes?
Yes - a bit of everything... most of my trading arsenal has been learnt here. I do look at a couple of other things too but I know Strat thinks its BS so ill keep those thoughts from the thread

Here is an example of a very slow, boring, 5 handle trade I took on the ES at todays London open (all concepts learnt here)

My higher time frame bias is bullish, so favoring longs

15m (Big boss) made a low, lower-low, and then a higher-low

5m (Boss) broke structure

1m (worker) large bullish candle breaking structure, waited for the pull pack and after the swing low had formed, I got long

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  • #17,040
  • Edited 12:22pm Jul 13, 2023 5:58am | Edited 12:22pm
Nice, I had a similar trade long NQ from 15486 in Asia session, for 260 pts. Still trailing the last of it, in case NY wants to keep her going.

Edit: Exited last of it now (13:20 EST) @ 15650
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