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Scrumy replied Nov 22, 2018Same for me. The hard part IS psychology. We are the weakest when we are INSIDE the trade and little people start talking to you. "If a trader is in a trade and hears both bullish and bearish news - he gives those news more weight depending on the ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 22, 2018For me, the only valid PASR sign would have been the BEOB, see attached image. If I would have been in that trade, my SL would have been hit, too - just like Malu's. Do I miss some other important PASR here? I also question if it is a valid BEOB - ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 22, 2018I will also try to help where I can - still having to learn a lot for myself but it helps to apply already learned stuff. Happy Thanksgiving!
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 18, 2018USDJPY I must admit, I still struggle on the daily timeframe. I have so many contradicting thoughts, see something different every time I look at the chart. If I see a 5M chart for trend trading - I am way more confident. If I try to do the long ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 3, 2018Thank you strat for your input - also on the MT4 topic. Appreciate it and my brain did A LOT of extra work (partially on it's own, based on the input I received from all of you). Thanks to all of you. Were you are of the biggest RED FLAG news event ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 3, 2018Hey Davit, thanks for your input. As I am currently learning the strategy, I will make mistakes - this was one of them. As I said, my lesson learnt is NOT to enter the trade when there is such a CONSOLIDATION happening. The TIGHT STOP is just ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 2, 2018Hey Svolacius, thanks for your answer. As I already have a premium membership, I will do it the other way round
. TV helps me at my current stage a lot to scan through the pairs, just by using shortcuts (Spacebar, Alt+Enter to add the pair to ...Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 2, 2018Hi Miku, thanks for your input. I guess you are talking about the lowest candle. But my signal candle was three candles before. I think If I had already a position I would already have locked in some profit at the support, and - maybe - would have ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 2, 2018USDCAD M5 PASR Trend Trading Attached a trade that resulted in a LOSS. Nice trend, see Strat Shadow. I entered below the BEEB and below the lowest low of all that consolidation. SL of 10 Pips just above the BEEB - and above most of the highs in that ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 2, 2018Suran, thanks for your input. All I can say to that is: OHHH NOOOOOO! Makes me sad. I really hate when work needs to be done over and over again. Eurotrader17, thank you as well. That process seems to be too complex for me. There is so much overhead ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 2, 2018Hello all, I have a question regarding your TRADE MANAGEMENT in MT4. Let me know, if this is OFF TOPIC and shouldn't be in this thread. If I have multiple chart windows open, then I face on big problem: the chart window where I did my analysis and ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018Periscope As I just mentioned Periscope - one happend currently on M5 GBPUSD. image
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018Hopefully I won't try to go SHORTCUTS. As said, I am fully committed to STAY for the LONG RUN. Getting my hands dirty on M5 - as I will see a lot of Setups appearing. Plan is to go into stress free mode after gaining enough experience (PASR, Power ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018This tells me two more things: You do not understand our No. 1 Rule You have NO trade and money management! You are correct. But that was back in January 2018. The bot was running with a martingale strategy - doubling the position size on its way ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018Strat, thanks again for your input. Appreciate it. Where does "Scrumy" come from? As I am a developer it is related to Scrum. Just quoting Wikipedia here "Scrum is an agile framework for managing knowledge work, with an emphasis on software ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018That is such a good mindset. Simple rules and the right attitude - perfect combination, thanks for sharing Yomi.
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Nov 1, 2018I was facing the same issue to be overwhelmed by all the 28 pairs. So here is what I did. I have limited my M5 list to just 4 pairs (GBPNZD, EURAUD, USDJPY and EURUSD). Setups will also appear on that limited list - and you are not constantly ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Oct 31, 2018GBPNZD 5M PASR Trend Trading image Nice PASR Setup. 25 SL. TP 50. Exited earlier. Entry was very late. Almost hit my SL. TP was my drawn Resistance, but long wicks (see No. 2 inside image) made me leave this trade. Microlot, hard earned money - ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Oct 31, 2018Thanks for replying and giving valuable input Strat. It seems you are a Forex Factory virgin as you have no previous history which is good as your trading brain has not been poisoned by indicators, EAs, black boxes, signals and other "magical" ...
Strat's PASR Long Term, Stress Free Trading
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Scrumy replied Oct 30, 2018Hi to all of you, happy to be here and still quite learning a lot - I guess I haven't read that much in my whole live as I had in the last couple of weeks. I am now crawling out of my lurking hole. So hautzhi - thanks for the analysis. I have just ...
Strat's PASR Long Term, Stress Free Trading