Re:Hanging man and inverted hammer. — [quote=strat;2677273]Young Mr. Grace. You have disappointed me - I would hope any of our group could ask ANY question without having to preface it with ""Forgive me if this is a stupid question."" [quote] ...

Strat's Long Term Stress Free Trading

Thanks I will take a look at that. I did watch some youtube videos a while back on candlesticks but it did not explain the reasons behind it. I assumed that these were the same videos, you know what they say about when you assume. I will go back and ...

Strat's Long Term Stress Free Trading

Hanging man and inverted hammer — Forgive me if this is a stupid question. I have read Nison's books along with others that cover candlesticks. Most of the patterns make sense, but there are two that have had me puzzled. I know what a hanging ...

Strat's Long Term Stress Free Trading

Testing — Keep on testing. That is what I like about this thread, it keeps you on your toes . Getting good? Nah. Getting better? Maybe. Just need to keep learning and practicing. And to conquer this short term, having to have a trade going ...

Strat's Long Term Stress Free Trading

RE: Useless PA — I agree it is, but it was for the Baba G contest and I understood it to be just focusing on bars, not placement. I took the S&r off. So the bars would stand out better.

Strat's Long Term Stress Free Trading

NZD/USD — This pair looks really interesting at the moment. image Several things are hinting at going down. Double top, broken trendline and now appears to be using it as resistance. Last candle closed lower than the close of the previous ...

Strat's Long Term Stress Free Trading

Close but no banana game. — Here is my close but no banana chart. image Ok the most current bar, is a hammer or pin bar look a like. It's tail does not protrude past price. The other bar in that rectangle is also not an accurate hammer/pin, ...

Strat's Long Term Stress Free Trading

aud/usd — OK, I will admit it. I am used to looking at the screen a few hours every day. That is a habit I need to break I guess.

Strat's Long Term Stress Free Trading

AUD/USD — It is 4:37 EST. That beautiful AUD hammer I saw earlier, now is not looking so hot. Plus there is more risk now and less reward. So, I will not take it. I will wait for a good price action setup instead. So far this week is no ...

Strat's Long Term Stress Free Trading

caution — Ok, maybe a texas 2 step I would definitely use caution, since I am still very new to price action any trade that I decide to take will only be about 1/4% risk or less if possible. If it is more than 1/4% I will pass. I have not ...

Strat's Long Term Stress Free Trading

re: — I am aware of my just beginning, and I have many years of learning ahead. Hmm, something tells me you see something I do not. Maybe I should look at it a little closer. Still looks decent to me, if it closes similar. Just got a little ...

Strat's Long Term Stress Free Trading

re:AUD/USD — Hmm.. I would be very concerned if I had shorted it. Against the trend bouncing the trend line. Good Luck! To quote a trader whom I have a lot of respect for. "This would be like jumping in a wood chipper". Who knows though it may ...

Strat's Long Term Stress Free Trading

re:AUD/USD — Something else is it will be above PSYCHO level .7200. This would be confluence from 50 fib (thanks Strat for pointing this out, I did not notice it at first). PSYCHO level .7200, Support .7193. With price action to confirm. Now ...

Strat's Long Term Stress Free Trading

re: Aud/USD — Ok, I see that .7260 area. I overlooked it at first. It is in an uptrend, and in order to stay in the uptrend it will have to make a higher high. I will keep this in mind if price action at the end of the day lines up. The thing ...

Strat's Long Term Stress Free Trading

AUD/USD Update — Ok, I know the day is not over. The current candle is not closed, and I will not be entering until it does. If the current candle keeps going up a bit more before it closes it will form a hammer. image This will be sitting ...

Strat's Long Term Stress Free Trading

Daily: Why do you think it is possibly in a trend change? It is stair stepping to higher highs with no sign of relent. The last candle is at 50% fib retrace. Remember Dr. Joe? He still lives! If it goes from where it's at now to your identified ...

Strat's Long Term Stress Free Trading

aud/usd — This pair looks interesting to me. Possibly in a trend change. As you can see from the daily chart, it has been making higher highs and higher lows. It will have to make it over resistance at .7313 and .7420. Then it will come across ...

Strat's Long Term Stress Free Trading

PASR — That would be correct. Price Action Support Resistance. PASR

Strat's Long Term Stress Free Trading

Greed, Fear and Overconfidence — Let me tell you a story about psychology. When I first started trading I demoed for a few weeks. I grew my demo account off of an MA cross system. I guess market conditions were perfect for it at that time. ...

Strat's Long Term Stress Free Trading

re: Sell into support? — Yes I have already noticed that. Do not worry about me, I have learned my lesson a while back about taking blind trade calls. I listen to what people say and check it on the charts, but if it does not line up with my ...

Strat's Long Term Stress Free Trading