Yes I believe it is wrong. The candle of this week has not yet closed inside the range of he previous weekly candle, so the previous candle does not qualify as a WCC. Let's not start a ''what is a WCC' thread, and go back and read the thread again.

Strat's PASR Long Term, Stress Free Trading

Hi Bistolis, Yes we should not mess with SL during any trade, I have learnt it the hard way as well. If you want to calm down your Little People, you should place it ABOVE a swing high, not BELOW it like what you did.

Strat's PASR Long Term, Stress Free Trading

I don't think that qualifies as a WCC. The week hasn't ended yet (until in a few hours time). I hope you didn't enter this trade.

Strat's PASR Long Term, Stress Free Trading

A line is never broken until the candle closes pass it. You should not enter a trade based on a candle that is not closed. What was your R:R when you entered the trade? And yes, there are two types of PASR as you have described. For trend trading, ...

Strat's PASR Long Term, Stress Free Trading

True Darko, I have been burned way too many times. Now I exercise patience, and tell my Little People to calm down. An_Lie, there will always be opportunities to trade, just wait for the best ones.

Strat's PASR Long Term, Stress Free Trading

Candle 1 could have been a trade for me. Rejection of low of WCC+ confirmation with BUEB. But less than 1:1 R:R is not worth the effort. Candle 2 will definitely be a no-go, even if it closes like this. It is too near to the resistance that you drew. ...

Strat's PASR Long Term, Stress Free Trading

Hi An_Lie, Congrats on a profitable trade. However, a few questions: Did you enter on the close of that candle you indicated? So you traded into a support line that you drew? And correct me if I am wrong, I believe trading an engulfing candle into ...

Strat's PASR Long Term, Stress Free Trading

Hi Bestof27, Agree with Rub here. Although the BUEB looks tempting, I'd pass because the pair is too wicky and not trending when I look to the left on the worker chart. Strat Shadow looks horrible as well.

Strat's PASR Long Term, Stress Free Trading

Hi Rub, I see the 'l' now! Usually i place the SL a little lower so I can get out without a loss. Not used to see the SL camouflaged behind!

Strat's PASR Long Term, Stress Free Trading

Hi Rub, I do not think your entry was late. You entered at the BEEB on the breakout, looks like textbook PASR. Do you not trade with a SL??

Strat's PASR Long Term, Stress Free Trading

Hi Strat, I have added the 200ema in all my charts and I get what you mean. Thanks for the reply!

Strat's PASR Long Term, Stress Free Trading

I am with darko and samson on this one. The candle before your entry does not qualify as a PASR trade (not an outside or engulfing candle). If any, the candle which you entered on that closed as a BEEB is screaming GET OUT OF THE TRADE. I'd have put ...

Strat's PASR Long Term, Stress Free Trading

I am glad you have found a system that works, but we trade PASR here. Please gloat somewhere else or start your own thread and not pollute our sharing and discussion.

Strat's PASR Long Term, Stress Free Trading

Hi Walter, Yes I saw the BEEB as well, but I hesitated to entered the trade as the first support line (and it was also the low of WCC in the 4th week) was way too close for my liking, with less than 1:1 risk:reward ratio. I am glad it worked out for ...

Strat's PASR Long Term, Stress Free Trading

Thank you Strat for the thumbs up! I am glad to receive positive feedback after 2 years of forex trading. I am currently paper trading with micro lots, after losing some amount money trading mini lots (because of my big ego) a few months back. After ...

Strat's PASR Long Term, Stress Free Trading

This is a trade that I am currently ~200 pips in profit. I manage to get in after the retouch of the low of WCC, after the BEEB confirmed the breakout. Usually, my little people would ask me to GET OUT in profit, but PASR and Strat Shadow are not ...

Strat's PASR Long Term, Stress Free Trading

Thank you Strat! Yes, some habits are rather hard to get rid of, like the little people telling you to close a profiting trade early but I must say that the Strat Shadow is helping me stay in a trade much better. And yes, I am one of the few who ...

Strat's PASR Long Term, Stress Free Trading

Hi Strat, First of all, I would like to thank you for this marvellous thread. I myself have been a victim of buying into 'trading courses' by trainers. Although I wouldn't call them useless, they offer only one methodology are very fixated into ...

Strat's PASR Long Term, Stress Free Trading

Hi all, a money management question.. Today is NFP and I have GBPCAD and EURCAD on short position, in good profits. For long-term stress--free trading, do we ignore NFP? Problem is, I trade 1 micro lots and it is not possible to close half of this ...

Strat's PASR Long Term, Stress Free Trading

GU just got rejected from Big Boss resistance around BRN 1.4. Still stuck in WCC. I'd say it's still early to confirm a change of trend, so I'll stay out of any long-term sell trades until further PASR confirmation. Until breakout of WCC, trade only ...

Strat's PASR Long Term, Stress Free Trading