CAD/JPY — Nice break of the TL today, will be looking for a continuation above 86 with a pullback where i will add again to hopefully take this to 89 and beyond.

james16 Chart Thread

PPZ's — Rarely is any level of S/R Exact! whether it is a stocks OR Forex. These levels are zones and can be 100 pips on a Daily TF. Our stops must be positioned so that these impurities in the market will not take us out of a good position. I ...

Some Questions about Stocks VS. Forex

You must draw your DSRI on the TF you intend to trade from, each TF will have different points on the chart where the swings will start and end.

Strat's Long Term Stress Free Trading

CAD/JPY — That was Quick!

Strat's Long Term Stress Free Trading

As it should be! I grew up in Washington state which in parts is similar to how such things are handled in Texas. I now live in California, where i would seriously THINK. Which in that case it may be too late before i defended myself with force. ...

james16 Chart Thread

Price is everything in all financial markets! You are missing something if you can not recognize the Opportunities in this chart. See chart

Some Questions about Stocks VS. Forex

Pull up a weekly chart and zoom out, levels that have been touched before many times are the major levels. Anything between these major levels are minor levels that may be fine tuned on the daily charts. I see any good pullback to 80 with PA as a ...

Strat's Long Term Stress Free Trading

I don't see 81.50 as anything too important, other than it is the bar lows from the move down last September. 84 is the next Major level on my charts.

Strat's Long Term Stress Free Trading

CAD/JPY — We have a break out of the down TL on CJ, Next stop should take us to 86.

Strat's Long Term Stress Free Trading

I agree, i am always impressed of the quality and obvious time that is put into each post. The thread is becoming a masterpiece Strat, don't change a thing!

Strat's Long Term Stress Free Trading

Reading 2500+ pages is really no big deal! (The average trading book is 200+ and i have read stacks of those!) If you cant do that then how will you be patient enough to take only A+ trades??

Strat's Long Term Stress Free Trading

J16 — Hey Dave, Have you watched all the free videos in the guest section? I think the videos are a must for traders new to PASR. http://www.james16group.us/Guests/guestmaterial.html

Strat's Long Term Stress Free Trading

Didn't get any NZD/JPY, i was a little uncomfortable with the 65 level so close. I did get some AJ and CJ though.

Strat's Long Term Stress Free Trading

I actually do see this a bit differently, Strat has drawn his Fibs from a swing low to a swing High within the Immediate trend(which i agree is very subjective but it is how many including mysef draw Fibs from time to time) Your Fib was drawn from a ...

Strat's Long Term Stress Free Trading

I do see that as too few candles to be looking at as we are not trending at the moment in this pair. Not on the D1 or W1 charts. The Immediate trend is down and we have entered a consolidation area. Strat may have a different view on this but thats ...

Strat's Long Term Stress Free Trading

I do see the swing you are referring to, I just don't think this is the correct way to draw your Fibs. For example by drawing them the way you have done on EU you have left out the area below to the major swing low which is 500 pips. So any ...

Strat's Long Term Stress Free Trading

Here is an example

Strat's Long Term Stress Free Trading

I see LH's and LL's on my chart!

Strat's Long Term Stress Free Trading

Fibs — I am no expert on fibs but i do know they need to be drawn from swing highs to swing lows as this is how most will draw them (they are a self fulfilling prophecy). It seems you have drawn this fib to fit the trade you would like to ...

Strat's Long Term Stress Free Trading

With all these crazy charts im not so sure about the Booze!

Strat's Long Term Stress Free Trading