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  • #17,161
  • Dec 13, 2012 11:42am Dec 13, 2012 11:42am
CLASSIC PASR

Not as beautiful but still CLASSIC PASR

This is our "Bread & Butter" which pays our bills while we wait for trends to develop
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,162
  • Dec 13, 2012 11:49am Dec 13, 2012 11:49am
Quoting patrick25
USDCAD

You want to watch price in action. Keep watching. Last stand for this up trend. PASR will tell which way.
Watching price in action. Let them fight we are on the sideline watching.
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  • #17,163
  • Dec 13, 2012 11:50am Dec 13, 2012 11:50am
Quoting strat
CLASSIC PASR

Not as beautiful but still CLASSIC PASR

This is our "Bread & Butter" which pays our bills while we wait for trends to develop
Hello Strat,

Your examples are just great.

I don't get it... Every day I write some notes for every pair I watch. Most of the times I look at the notes next day and I see me wrong. Sometimes I think I could trade against my notes and would be a winner
  • #17,164
  • Dec 13, 2012 12:03pm Dec 13, 2012 12:03pm
Quoting BaliuxXx
Hello Strat,

Your examples are just great.

I don't get it... Every day I write some notes for every pair I watch. Most of the times I look at the notes next day and I see me wrong. Sometimes I think I could trade against my notes and would be a winner
You sound to be trying too hard or, you have not put in the requisite thousands of hours studying PASR and the charts. You can ONLY trade what the Market provides - nothing more, nothing less. When you really UNDERSTAND trading and how the Market works, PASR is there for ALL to SEE. ONLY trade when the OPPORTUNITY is there. Never trade what you THINK is there.

If you missed these two trades then either you don't UNDERSTAND PASR or you are not serious in learning how to trade. Our members are CEOs of their own trading companies and THIS is their BUSINESS.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,165
  • Dec 13, 2012 12:06pm Dec 13, 2012 12:06pm
For the lurkers, tyre kickers, dreamers, wannabes and everyone who want to make trading COMPLICATED, this is how my one legged, blind old man with asthma does it. If he can do it, why can't you?
Attached Image (click to enlarge)
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,166
  • Dec 13, 2012 12:22pm Dec 13, 2012 12:22pm
Quoting strat
You sound to be trying too hard or, ....
Yeah I missed those trades. GBPCHF I don't have at my watch list yet. Every (or a pair of) week I add a pair to my list. This pair will be added next week.

AUDCHF - I was afraid (yeah, I'm still trying to suppress my little people) when I saw You were buying that pair.

Quoting strat
For the lurkers, tyre kickers, dreamers, wannabes and everyone who want to make trading COMPLICATED, this is how my one legged, blind old man with asthma does it. If he can do it, why can't you?
My question which was asked, maybe, thousand times, when we trade PASR, do we need to look at the trend? Sometimes I see that we shouldn't. We should take all the opportunities of PA at SR, trendline, strat shadow, fibo... But with the main trend (or immediate) I can let my position to be larger than counter?
  • #17,167
  • Dec 13, 2012 12:29pm Dec 13, 2012 12:29pm
EURNZD

The Boss has spoken.

Worker, third times is the charm. The trend is about to resume.
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  • #17,168
  • Dec 13, 2012 1:45pm Dec 13, 2012 1:45pm
Quoting patrick25
EURNZD

The Boss has spoken.

Worker, third times is the charm. The trend is about to resume.
EURNZD

Careful, Patrick, the Boss is STILL held at support on my charts
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,169
  • Dec 13, 2012 1:53pm Dec 13, 2012 1:53pm
Quoting BaliuxXx

My question which was asked, maybe, thousand times, when we trade PASR, do we need to look at the trend? Sometimes I see that we shouldn't. We should take all the opportunities of PA at SR, trendline, strat shadow, fibo... But with the main trend (or immediate) I can let my position to be larger than counter?
You should ALWAYS know where PRICE is - whether in a trend, ranging or consolidation. PASR is tradable in ALL these situations.

The problem everyone has is with Trading Psychology or more specifically, their Little People. Trend trading requires a DIFFERENT psychological trading mentality than trading basic PASR. We cannot trade basic PASR with a trend trading mentality. We MUST know what type of trade we are making BEFORE we enter it. We cannot enter a trade with PASR and ""hope"" that it turns into a trend trade.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,170
  • Dec 13, 2012 2:05pm Dec 13, 2012 2:05pm
Quoting BaliuxXx

AUDCHF - I was afraid (yeah, I'm still trying to suppress my little people) when I saw You were buying that pair.
I never said I was buying - I said I am WAITING for a CLOSE above it to go long - we NEVER got that CLOSE above it since RESISTANCE proved too strong for the buyers. The BEEB (BEOB on some of my other charts) at RESISTANCE confirmed PASR to go short.

Originally Posted by BaliuxXx http://images.forexfactory.net/buttons/viewpost.gif
AUDCHF
Shooting star rejected by strat shadow, 200. Sell below it.


No chance. PASR requires that the Shooting Star must be at the end of an up trend. This is not. I'm looking for a close ABOVE it to go long
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,171
  • Dec 13, 2012 3:10pm Dec 13, 2012 3:10pm
Quoting BaliuxXx
GBPUSD

Waiting for the close above or below the range to take a trade.

Attachment
Or trade the range, BEEB at resistance? Boss is at 200. Taking that.

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  • #17,172
  • Dec 13, 2012 3:22pm Dec 13, 2012 3:22pm
Quoting BaliuxXx
Or trade the range, BEEB at resistance? Boss is at 200. Taking that.

Attachment
AUDUSD

The same as GBPUSD, but taking only one USD pair per time.

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  • #17,173
  • Dec 13, 2012 3:36pm Dec 13, 2012 3:36pm
Quoting BaliuxXx
Or trade the range, BEEB at resistance? Boss is at 200. Taking that.

Attachment
Looks like a Boss wobble to me
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,174
  • Dec 13, 2012 7:24pm Dec 13, 2012 7:24pm
NZDJPY

Just one of the many possibilities. No-one knows where PRICE will go - only the Market. Fortunately for PASR traders, the Market leaves footprints behind for us to follow in so we just PATIENTLY WAIT for the footprints to appear.
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,175
  • Dec 16, 2012 4:25pm Dec 16, 2012 4:25pm
For those who are BLIND
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,176
  • Dec 16, 2012 6:36pm Dec 16, 2012 6:36pm
More BEAUTIFUL, CLASSIC PASR
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,177
  • Edited 12:29am Dec 17, 2012 12:05am | Edited 12:29am
Quoting LarryK
Well if it isn't the USDJPY bull protaganist, MAYBE you are finally right
Indeed, my arms are tired from treading water (since 2010!)

Interested in tonight's gaps vis a vis the important 84-85 area on Dollar-Yen. Should be an interesting week.

As I haven't logged in in a while, I would hope that Monthly chart has been a topic of conversation. A 130 run there is foreseeable, should things continue firmer past 85. Relatedly, 89 on AUD/JPY may give a clue, as we sit only 50 pips below and 30 below the prior swing point. To my eye, that market looks ready to burst through. One cannot argue with it, of course, but things appear promising. Perhaps NZDJPY is leading the parade.
  • #17,178
  • Dec 17, 2012 10:59am Dec 17, 2012 10:59am
Quoting Alexandra
Indeed, my arms are tired from treading water (since 2010!)

Interested in tonight's gaps vis a vis the important 84-85 area on Dollar-Yen. Should be an interesting week.

As I haven't logged in in a while, I would hope that Monthly chart has been a topic of conversation. A 130 run there is foreseeable, should things continue firmer past 85. Relatedly, 89 on AUD/JPY may give a clue, as we sit only 50 pips below and 30 below the prior swing point. To my eye, that market looks ready to burst through. One cannot argue with it, of course, but...
I need a close above the red area before I reverse my beliefs on the $US
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,179
  • Dec 17, 2012 12:13pm Dec 17, 2012 12:13pm
AUDJPY
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,180
  • Dec 17, 2012 2:07pm Dec 17, 2012 2:07pm
Quoting strat
AUDJPY
Every week I redraw my SR lines, and hopefully they become more and more equal to yours

Today price rejected from resistance. The candle filled weekend's gap. Still, no PA pattern got at resistance.

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