#10 Recompare my view


Well done, Ali, I am impressed!

A PERFECT Basic PASR trade – a good example for all to follow.

Strat

Ok… that let me reevaluate how I actually sees this candle.

What is stopping me from looking this one as a trade, and this is what I should NOT do in the future:”

  • I generally want PA to retest the SR instead, which it does not in this chart. However, its close. Price is not perfect!!
  • Do you see that blue line and how a lot of resist there at previous swing high? That is kind of making it a small SR for me. Moreover,
  • and then it confluence with Strat Shadow. May be I should only use Strat Shadow as confluence when PA is actually going against it.

That’s it. I’ll suck a little bit less tomorrow.




P.S. A small goal for following 2 weeks, I will be looking for this kind of trade:

  • Ranging
  • From one SR to another SR
  • Across Strat Shadow

#7 New Month Resolution

New Year Month Target?

  • Being consistent on actually doing the analyzing and trading.
  • Aiming for winning 3%1This is actually 3 RR in total. Since my risk per trade is going to always be 1%. The account is small, for the sake of capital preservation. this month.

And that’s it. Let’s just focus in these 2. Doing too much at a time doesn’t work out.

I expect my daily analysis will be faster since I am not going to spend time on chart that is not trade-able anymore with the daily analysis form that I get.

Hopefully this year will be the year I become consistent profitable trader. (Next step is to reproduce a whole guide of PASR in my own word, not to teach, but to make my trade further consistent as I can check whether am I trading properly consistently.)