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Strat's PASR Long Term, Stress Free Trading

  • #17,701
  • Feb 1, 2024 12:58pm Feb 1, 2024 12:58pm
Quoting TerryDawe
So are you near Pebble Beach, I am currently watching the golf tournament being played there an weather seems pretty good.
So are you near Pebble Beach, I am currently watching the golf tournament being played there an weather seems pretty good.

No, Pebble Beach is in Northern California, north of Carmel

Southern California is getting the brunt of lousy weather (for a change)
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,702
  • Feb 1, 2024 3:53pm Feb 1, 2024 3:53pm
Thanks,
Not too sorry for you though since I am in Ontario Canada which is in the middle of winter even though it's not been too bad.
Oh well groundhog tomorrow so I'm sure he will bring good news........
  • #17,703
  • Edited 4:10pm Feb 1, 2024 3:55pm | Edited 4:10pm
Example of set ups I look for:
Not the best pair but for demonstration purposes, it works.
I've included a clean just candles chart and a chart with the strat shadow.
Just goes to show that it all depends on your eye which is more suited to your character.
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  • #17,704
  • Feb 1, 2024 4:26pm Feb 1, 2024 4:26pm
Quoting TerryDawe
Example of set ups I look for: Not the best pair but for demonstration purposes, it works. I've included a clean just candles chart and a chart with the strat shadow. Just goes to show that it all depends on your eye which is more suited to your character. {image} {image}
Good Evening Terry,
Really like what you are doing here. I plan to contribute to this with HTF trading...Using the Rob Smith method ...but Just got my computer back from the shop after 2 days... only to discover that my charts have stopped working .. need to recover and repair them.
  • #17,705
  • Feb 2, 2024 11:14am Feb 2, 2024 11:14am
M3 MES 03-24

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Realised I was making too many trades (making money for broker) and hurting my head (stress), so I slowed it down to 3 minutes again.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,706
  • Feb 3, 2024 1:35pm Feb 3, 2024 1:35pm
Follow up on GBPAUD from last week.
As previously noted, there is Full Time Frame Continuity to the upside. Therefore we are only looking for long entries.
Even though the month hadn't ended yet, January 30th did provide a bullish worker candle at the bottom of the Boss inside bar providing a 2 2 reversal.
Boss closed as an outside bar as both the bottom and top of the inside bar was taken out.
Price is still within the WCC so this does show that even while in a WCC, price action can provide solid trades with the proper signal.
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  • #17,707
  • Feb 3, 2024 11:48pm Feb 3, 2024 11:48pm
Quoting Strat
M1 MES 03-24 {image} {image} Nervous, twitchy, erratic PA on low volume and volatility .Long candles on low volume and low volatility is not good trading but...................
What is the indicator in the bottom panel of the chart? Open interest?
  • #17,708
  • Feb 5, 2024 1:29am Feb 5, 2024 1:29am
what do you guys think about CADEUR

Big Boss in an UP Swing close to support
Boss in an UP Swing, in the Strat shadow, close to EMA 200
Worker crossed EMA 200, Strat shadow is green, Price close to 0,69


My Plan would be to go long, on H4 sl behind Worker EMA 200 and support at 0.687
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  • #17,709
  • Edited 2:56am Feb 5, 2024 2:43am | Edited 2:56am
Cable broke outside the weekly consolidation with a bearish close last week. If the 20 is cleared and momentum continues, at least 1.24 should be tested again.
The daily gave a good signal on Friday as well. A reasonable stop would be above Friday's high, which seems a bit high, but would give a slightly favourable RR.
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Fix up, trade sharp ...
  • #17,710
  • Edited 9:48am Feb 5, 2024 7:52am | Edited 9:48am
Good analysis, just not sure of final target, need to see what price does at the first target of BRN 1.2500
Big battle last Thursday and Friday with daily outside candles both days
Good entry provided on H4 2 1 2 reversal at bottom of BB inside candle
Correction: entry on H4 2 1 2 continuation not reversal.
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  • #17,711
  • Feb 5, 2024 8:23am Feb 5, 2024 8:23am
Quoting pipgreen
what do you guys think about CADEUR Big Boss in an UP Swing close to support Boss in an UP Swing, in the Strat shadow, close to EMA 200 Worker crossed EMA 200, Strat shadow is green, Price close to 0,69 My Plan would be to go long, on H4 sl behind Worker EMA 200 and support at 0.687 {image} {image} {image}
My Plan would be to go long, on H4 sl behind Worker EMA 200 and support at 0.687

Good analysis and PLAN
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,712
  • Feb 5, 2024 8:55am Feb 5, 2024 8:55am
great day
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  • #17,713
  • Feb 5, 2024 9:05am Feb 5, 2024 9:05am
Quoting bistolis
great day {image}
great day

Well done, bistolis.............but you didn't like the continuation last wave down?
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,714
  • Feb 5, 2024 10:16am Feb 5, 2024 10:16am
Quoting Strat
{quote} great day Well done, bistolis.............but you didn't like the continuation last wave down?
I had my target at ADR. And that is enough pips for a few minutes

I closed the platform afterwards.
  • #17,715
  • Feb 5, 2024 10:27am Feb 5, 2024 10:27am
Quoting bistolis
{quote} I had my target at ADR. And that is enough pips for a few minutes I closed the platform afterwards.
I had my target at ADR. And that is enough pips for a few minutes

OK, best not to be greedy
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,716
  • Feb 5, 2024 11:32am Feb 5, 2024 11:32am
M9 MES 03-24

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M3 MES 03-24

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I have now gone back to "Long Term Stress Free" trading (relative to my M1 trading) using M9 as my "Boss" and M3 as the "Worker".

I have been learning "The Strat" as first introduced by Terry and today used it in combination with my PASR. I have never previously liked targets and preferred to follow PA but it is clear they are effective and provide additional information when they are not met.

I only added a few of the numbers for Terry to check that I got it right. Like everything else, the higher the time frame, the more accurate are the technicals and therefore, strategy.

Compared to M1 trading, this is totally stress free albeit today was easy with smooth, regular, pedantic PA.

I have so much time on my hands now, I can let the dog out to do it's stuff, make breakfast, read online newspapers etc., etc - I thought the Big Boss would be pleased but all she said was "make sure you are not missing potential $$!" - women, what can I tell you!

Meanwhile, CCR are singing about our weather:

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I'm really glad I had our drains cleaned out as the golf course below us is looking like a swimming pool!

A big THANK YOU to Terry for introducing us to "The Strat".
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,717
  • Feb 6, 2024 11:29am Feb 6, 2024 11:29am
M9 MES 03-24

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M3 MES 03-24

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Nice, smooth regular PA from 4:30am to 7am then erratic, twitchy PA took over.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,718
  • Feb 6, 2024 2:15pm Feb 6, 2024 2:15pm
Quoting Strat
M9 MES 03-24 {image} M3 MES 03-24 {image} I have now gone back to "Long Term Stress Free" trading (relative to my M1 trading) using M9 as my "Boss" and M3 as the "Worker". I have been learning "The Strat" as first introduced by Terry and today used it in combination with my PASR. I have never previously liked targets and preferred to follow PA but it is clear they are effective and provide additional information when they are not met. I only added a few of the numbers for Terry to check that I got it right. Like everything else, the higher the time...
Looking really good Strat and good to know you are not as glued to the screen as you were.
  • #17,719
  • Feb 7, 2024 11:14am Feb 7, 2024 11:14am
MES 03-24

M27
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M9
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M3
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Slow, pedantic but regular PA moving with low volume and volatility.

Interesting that volatility dried up at half hour intervals all morning from 6:45am, 7:15am, 7:45am etc
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,720
  • Feb 7, 2024 11:22am Feb 7, 2024 11:22am
Quoting TerryDawe
{quote} Looking really good Strat and good to know you are not as glued to the screen as you were.
Looking really good Strat and good to know you are not as glued to the screen as you were

Thanks, Terry, it is taking an adjustment on my part to get used to the slower and smaller moves although the tick move is the same. The best part is that the twitching and witching of M1 doesn't show up on M3 and leaves me "Stress Free".

Although I am not showing the numbers, I am mentally applying them on all 3 time frames now that I have the time to do it so from now on it is PASR STRAT.
15 YEARS OF PASR ON FOREX FACTORY!
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