What is PASR long term trading system?

<p id="isPasted">PASR (Price Action Support and Resistance) is a long-term trading system that focuses on using price action analysis, support and resistance levels, and trend identification to make trading decisions. It is a strategy that relies on the analysis of historical price data to anticipate future price movements.</p><p>The core principle of the PASR trading system is to identify key support and resistance levels on a price chart. Support levels are areas where buying pressure is expected to be strong enough to prevent the price from falling further, while resistance levels are areas where selling pressure is expected to be strong enough to prevent the price from rising further.</p><p>Traders who follow the PASR system will typically look for strong support or resistance levels and use them as potential entry or exit points for their trades. This system emphasizes the importance of understanding the overall market trend and aligning trades with the dominant trend direction. Traders will often look for price action signals, such as candlestick patterns or trendline breaks, to confirm the validity of support and resistance levels and determine the timing of their trades.</p><p>Long-term trading with the PASR system means that trades are typically held for an extended period, ranging from several days to several weeks or even months. This approach aims to capture larger price movements and trends in the market.</p>

<p>The PASR (Price Action Support and Resistance) long-term trading system is a strategy that focuses on analyzing price patterns, support, and resistance levels, and market trends to make trading decisions. Traders using this system study price action, identify support and resistance levels and align their trades with the prevailing market trend for longer-term positions. Effective risk management is also a key component of the PASR system.</p>