Hi EuroTrader, I was reprimanded by Strat when I talked about 'bias' in my trading. Bias will result in a closed mind, I suggest that you remove that word from your trading vocabulary. As well as words like '..seems like it found support..' Strat ...

Strat's PASR Long Term, Stress Free Trading

Hi Strat, I am with you on this one. Definitely no trade on the Daily. Although the Big Boss and Boss are still in an uptrend/upswing, Price is now at resistance. I will monitor and wait for PASR to tell me what to do. Here are my lines: image

Strat's PASR Long Term, Stress Free Trading

Wow, I am glad that the thread has became more active since I left. Can't wait to join in the discussions. Alright, so my first analysis on GBPCAD. Big Boss: image Price is clearly still in a downswing. Not intimidated by the Hammer, as it is 'out ...

Strat's PASR Long Term, Stress Free Trading

Hi Strat and all, Hope everyone is well. I see some new faces, as well as familiar ones. I have settled my personal matters and am ready to join in the discussion once again. I will have to catch up on the 50+ pages that I have missed over the past ...

Strat's PASR Long Term, Stress Free Trading

Hi all, Forgive me for my recent absence in this thread, but I have run into some personal issues which require some time to resolve. Hence, I am unable to post and participate in the discussions as much as I would like to. Rest assured that I am ...

Strat's PASR Long Term, Stress Free Trading

Hi Victoria, You are too kind. I am far from being good with trading M5 PASR. The only way to improve is to observe charts on this thread, and observe how price react around the Strat Shadow. Strat is really not kidding when he says we need to spend ...

Strat's PASR Long Term, Stress Free Trading

Yes trading is full of paradoxes. It is one more step closer to being a profitable trader if you realise this. Read Trading in the Zone by Mark Douglas. It will help you understand trading psychology.

Strat's PASR Long Term, Stress Free Trading

Hi Humbucker, I am far from an expert in M5 PASR, but I will chip in according to my understanding so far (part of my learning process). Below is the chart which I think you see when you placed the sell. image 1) There is no trend established ...

Strat's PASR Long Term, Stress Free Trading

EURNZD M5 PASR Took a quick 90 pips just now, in 25 mins. Price could go down further, but 90 pips is darn good for 25 mins. I was worried about a huge retracement, so I took a partial profit in the middle. Can't complain! image GBPNZD M5 PASR ...

Strat's PASR Long Term, Stress Free Trading

Spectacular place you live in! In Singapore, we call our country a 'concrete jungle', with buildings everywhere and no nature nearby. It will be my dream to retire in a countryside with no worries about everyday life..

Strat's PASR Long Term, Stress Free Trading

Hi Sachu, Perhaps I could answer for Strat, I believe he did answer this question some time ago. For Asian session, the most volatile currencies are JPY, AUD and NZD. It is possible to trade M5 PASR if you observe these pairs.

Strat's PASR Long Term, Stress Free Trading

Sorry Strat, I meant a Hanging Man on the Worker chart.

Strat's PASR Long Term, Stress Free Trading

Hi Victoria, In addition to the wonderful explanation by Rufus, I might want to add on that drawing Support and Resistance zones is an art. I have studied how to identify and drawing it for many years, yet I feel that I am still not there yet. I ...

Strat's PASR Long Term, Stress Free Trading

Hi Brian, I was in the same AUDNZD trade with you as well, but I entered a candle before you and got stopped out at BE. To be fair, that was a counter-trend trade as the Boss and Big Boss was (and is still) in an upswing. Don't fret about it, and go ...

Strat's PASR Long Term, Stress Free Trading

EURJPY Inverted Hammer at confluence of resistance and Weekly Control Candle. Is it ok to place a sell stop below the hammer? image image

Strat's PASR Long Term, Stress Free Trading

Time for some end-of-week analysis. USDCAD BB: Price is still in an upswing, and showing no signs of stopping yet. image B: This week's candle formed a BUEB/DBLHC-ish candle at Support, indicating a momentum to the upside as well. image Worker: ...

Strat's PASR Long Term, Stress Free Trading

Hi Humbucker, I was in a similar trade as you, but I exited earlier than you. I chickened out after seeing 3 wicky candles. Still trying to get used to trading M5. Coincidentally, around the same price. Well, a profit is a profit. Hopefully I can ...

Strat's PASR Long Term, Stress Free Trading

Thank you for your detailed explanation Strat. Yes, there are so many different explanation and 'usage' of Demand and Supply on the web, it is good to hear what you say as well. I will study it intently this weekend. Have a good weekend everyone.

Strat's PASR Long Term, Stress Free Trading

Hi Strat, Since I started learning how to trade, Demand and Supply seems to confuse me. What is the difference between Demand and Supply versus Support and Resistance? From what I see, it seems like demand is price unable to close below a zone, ...

Strat's PASR Long Term, Stress Free Trading

Hi Cj, I saw the BEEB on the boss but didn't take it because it is at a zone that I drew. As a counterexample, do you see the BEEB on EURUSD 4 weeks ago? If you had taken it, you would be in serious draw down now. image So how do you determine ...

Strat's PASR Long Term, Stress Free Trading