Hi sangnt0904 Do you have plan and trade regarding this chart that you would like to share for discussion puposes? Pete

Strat's PASR Long Term, Stress Free Trading

Hi Rub I was watching 123 as well but that big gap closing BUEB candle closing strongly above the Big Boss / Boss SR and supported by the Strat Shadow convinced me to place my orders. The next candle on my chart also closed strongly above 123 which ...

Strat's PASR Long Term, Stress Free Trading

Closed final position for 120 pips, 10 pips short of top of WCC which was the intended target. Pete

Strat's PASR Long Term, Stress Free Trading

Second position off for 80 pips, last position stop loss moved to 50 pips. Target 130 pips, however since I have tied in profit I may let it run if it closes beyond target resistance level. Pete

Strat's PASR Long Term, Stress Free Trading

EurJpy 4H Basic PASR 3 Positions in trade. First Position off, other two moved to break even. Pete

Strat's PASR Long Term, Stress Free Trading

GbpUsd Basic PASR on 4H Regards Pete

Strat's PASR Long Term, Stress Free Trading

GbpAud Basic PASR on 4H Getting back to basics of PASR trading Regards Pete

Strat's PASR Long Term, Stress Free Trading

GbpUsd 1H Basic PASR

Strat's PASR Long Term, Stress Free Trading

Hi Szponz I am glad you posted this trade as it really provides an opportunity to discuss Strat's 5M Trading Strategy. My immediate gut response is that you were lucky to be on the right side of the knee jerk stop run at London open after which the ...

Strat's PASR Long Term, Stress Free Trading

Hi Voynich To trade Strat's 5M Trend PASR you need a bit more than choosing trades based on standard beeb / bueb candles... There are many posts on this thread by Strat himself explaining what to look for in trading the 5M timeframe. Do a search on ...

Strat's PASR Long Term, Stress Free Trading

But why Rub? Just take one step back on the 15M chart.... but then again, the entry was not according to Strat's 5M PASR Trend Rules. regards Pete

Strat's PASR Long Term, Stress Free Trading

Hi voynich Maybe you need to expand your view a bit? At the time of your entry and exit price was still very much undecided... Regards Pete

Strat's PASR Long Term, Stress Free Trading

EurUsd 15M Basic PASR

Strat's PASR Long Term, Stress Free Trading

Hi voynich In addition to Lou's comments Strat did always emphasize the importance of the candle closing before making any trading decisions. The candle close values on the time frame you are drawing S/R levels does therefore become important. The ...

Strat's PASR Long Term, Stress Free Trading

Hi Terry I agree. Trends are there if you look for them. Sometimes not textbook perfect saw tooth trends as in your chart but trends nonetheless. Rub I hope this chart helps you as well (Note: Weekly Swing high not confirmed) Regards Pete

Strat's PASR Long Term, Stress Free Trading

GbpJpy & GbpUsd 5m Trades today

Strat's PASR Long Term, Stress Free Trading

GbpNzd 15M Basic PASR

Strat's PASR Long Term, Stress Free Trading

Hi Rub Further to Mhons' comments, there is a confirmed swing low on the daily (Your Boss) so to me the instruction to the 4H (your worker) would be to go long. But be aware as Mhons mentioned this would be counter trend. So maybe one could also ...

Strat's PASR Long Term, Stress Free Trading

AudNzd 1H Basic PASR

Strat's PASR Long Term, Stress Free Trading

Hi Mhons That is actually a very good suggestion. I have not thought of that. Thanks Pete

Strat's PASR Long Term, Stress Free Trading