Attachments: Strat's PASR Long Term, Stress Free Trading

Strat's PASR Long Term, Stress Free Trading

#17,801
Mar 15, 2024 8:33am Mar 15, 2024 8:33am

bistolis
Joined Sep 2016 | Status: Inactive | 1,531 Posts

and a quick scalp trade after the open taking advantage of momentum to the upside

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#17,802
Mar 15, 2024 1:47pm Mar 15, 2024 1:47pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

MES M2 06-34

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Entries and exits on Tick charts.

Low volume and volatility as per Fridays.

15 YEARS OF PASR ON FOREX FACTORY!

#17,803
Mar 17, 2024 9:58am Mar 17, 2024 9:58am

TerryDawe
Joined Jun 2015 | Status: Trader | 890 Posts | Online Now

Quoting Strat

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GBP Monthly 6B Futures I have to buy GBP for our pilgrimage back to the Homeland on May 4th so I am trying to time the weakest GBP before I buy. What would be your target Terry? {image}

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Have been looking at this over the past week and drawn some conclusions:
Using your trendlines it would seem the downward target would be the lower trendline which coincides with the Baba G fib zero.
I had originally stated that I saw the BB as green, Boss as red and worker as green.
However the first daily candle last week was red which coincided with the red weekly candle which started a nice move down within the WCC.

Again based on what I see, I think the bottom of the WCC would be the final target which also is in confluence with the top of the strat shadow.
As of now we have hit the second worker target and the top of the worker shadow.

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#17,804
Mar 17, 2024 5:45pm Mar 17, 2024 5:45pm

remicartier
| Joined Dec 2015 | Status: Trader | 28 Posts

https://www.tradingview.com/chart/NZ...at-resistance/

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#17,805
Mar 18, 2024 6:14am Mar 18, 2024 6:14am

bistolis
Joined Sep 2016 | Status: Inactive | 1,531 Posts

Quoting remicartier

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https://www.tradingview.com/chart/NZ...at-resistance/ {image}

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Hi. Are you taking into consideration the weekly and monthly charts as well ?

#17,806
Mar 18, 2024 8:22am Mar 18, 2024 8:22am

remicartier
| Joined Dec 2015 | Status: Trader | 28 Posts

Quoting bistolis

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{quote} Hi. Are you taking into consideration the weekly and monthly charts as well ?

Ignored

Yes Bistolis, both, only the general trend using EMA 50/20, if the space between the 2 seems ok (trying to avoid range like situation)
I know there is some concept of Candle in Control something like that but I am not familiar with it, so I am not using it.
Thanks for taking the time to check.

#17,807
Mar 18, 2024 12:56pm Mar 18, 2024 12:56pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

S&P 500 M2 ES 06-24

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Monday low volume and volatility

15 YEARS OF PASR ON FOREX FACTORY!

#17,808
Mar 18, 2024 12:57pm Mar 18, 2024 12:57pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

Quoting TerryDawe

Disliked

{quote} Have been looking at this over the past week and drawn some conclusions: Using your trendlines it would seem the downward target would be the lower trendline which coincides with the Baba G fib zero. I had originally stated that I saw the BB as green, Boss as red and worker as green. However the first daily candle last week was red which coincided with the red weekly candle which started a nice move down within the WCC. Again based on what I see, I think the bottom of the WCC would be the final target which also is in confluence with the...

Ignored

Thanks, Terry

15 YEARS OF PASR ON FOREX FACTORY!

#17,809
Mar 18, 2024 12:59pm Mar 18, 2024 12:59pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

Quoting remicartier

Disliked

{quote} Yes Bistolis, both, only the general trend using EMA 50/20, if the space between the 2 seems ok (trying to avoid range like situation) I know there is some concept of Candle in Control something like that but I am not familiar with it, so I am not using it. Thanks for taking the time to check.

Ignored

You are in good hands with bistolis.

I know there is some concept of Candle in Control something like that but I am not familiar with it, so I am not using it.

That's the Weekly Control Candle (WCC) - don't worry about it just now - continue to master Basic PASR

15 YEARS OF PASR ON FOREX FACTORY!

#17,810
Mar 18, 2024 2:07pm Mar 18, 2024 2:07pm

remicartier
| Joined Dec 2015 | Status: Trader | 28 Posts

Quoting Strat

Disliked

{quote} You are in good hands with bistolis. I know there is some concept of Candle in Control something like that but I am not familiar with it, so I am not using it. That's the Weekly Control Candle (WCC) - don't worry about it just now - continue to master Basic PASR

Ignored

Thanks Strat, I am starting slowly even though I have known this thread for almost 10 years !

#17,811
Edited Mar 20, 2024 4:14pm Mar 19, 2024 4:20pm | Edited Mar 20, 2024 4:14pm

TerryDawe
Joined Jun 2015 | Status: Trader | 890 Posts | Online Now

Quoting TerryDawe

Disliked

{quote} Have been looking at this over the past week and drawn some conclusions: Using your trendlines it would seem the downward target would be the lower trendline which coincides with the Baba G fib zero. I had originally stated that I saw the BB as green, Boss as red and worker as green. However the first daily candle last week was red which coincided with the red weekly candle which started a nice move down within the WCC. Again based on what I see, I think the bottom of the WCC would be the final target which also is in confluence with the...

Ignored

Both BB and Boss are still within control candles.
Have been working on significant levels of price CLOSES.
Here is the worker line chart with trend lines from close to close followed by same chart with candles.
After today's hammer, if it goes into force moving above its high, this will also turn the Boss green and we will have full time frame continuity to the upside.
If this does occur, would be a pretty low risk long entry.
Even though I had not been looking at this pair, Strat decided to test us and it is appreciated.
However if my analysis is correct, then anyone looking to buy the sterling would be advised to do it soon, lol.

So far today worker is inside and moving further down.
BAM...........
Pretty strong worker hammer yielded results after a small push down today. Hail PASR,,,,,,,,

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#17,812
Mar 20, 2024 9:12am Mar 20, 2024 9:12am

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

Quoting TerryDawe

Disliked

{quote} Both BB and Boss are still within control candles. Have been working on significant levels of price CLOSES. Here is the worker line chart with trend lines from close to close followed by same chart with candles. After today's hammer, if it goes into force moving above its high, this will also turn the Boss green and we will have full time frame continuity to the upside. If this does occur, would be a pretty low risk long entry. Even though I had not been looking at this pair, Strat decided to test us and it is appreciated. However if my...

Ignored

Thanks Terry

Here is H1 with my fibs - let's see what happens to the D1 Hammer

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