Last go by me: There’s a major support level around 97?

Strat's Long Term Stress Free Trading

It would be into/around a 50% Fib, and we'd be looking for a retracement long of that level, not a short?

Strat's Long Term Stress Free Trading

Nope, just want his car

Strat's Long Term Stress Free Trading

You could also argue that with price between Boss 20 and 50, it is 'boxed in' and unsure of direction.

Strat's Long Term Stress Free Trading

I don't trade USD/JPY but... 97.52 shows no significance on my charts other than resitance once back in November. Also, that trade would have been into the 20 EMA AND it would have been against the wider trend. How did i do?

Strat's Long Term Stress Free Trading

No problem, although Nicola has posted some great PDF's so perhaps start with those and you'll cut out a lot of the 'noise' on Jim's thread. Cheers Dan

Strat's Long Term Stress Free Trading

I second that

Strat's Long Term Stress Free Trading

Thanks Strat. Yup, apologies for my terminology - 'bounce' was the wrong word to use. I have taken to switching to a line graph based on the close to draw my lines (trend and s/r)which i'm finding helpful in clearing the clutter. Thanks for taking ...

Strat's Long Term Stress Free Trading

Hi Strat, My first chart (with 20s and 50s you'll be happy to see! - although mine are blue for 20, red for 50). We saw a neutral doji yesterday signalling hesitation in the market and possible change of direction (i think - i'm sure you'll correct ...

Strat's Long Term Stress Free Trading

Here you go Bill: url url Essential reading IMHO Dan

Strat's Long Term Stress Free Trading

Hi Honest Bill, I don't have the links to hand but i would suggest by reading James Price Action thread and Jacko's House of Forex Pleasure and Pain thread. Both are here on Forex Factory. I can post links to both later tonight or you could try ...

Strat's Long Term Stress Free Trading

Thanks Strat - very insightful. I've stripped all MA's off my charts at the moment so i'm not taking too much note of them, although i appreciate how powerful the 20 EMA is.

Strat's Long Term Stress Free Trading

Hi Nicola, I sold .8 of my lot on Cable and moved my stop to break even, will let the rest run. Looking at EUR/USD at the moment, currently broken through resistance at around 1.2720. Will wait and see where it closes but if it can close back below ...

Strat's Long Term Stress Free Trading

Hi Strat, thanks for your response. Just to clarify on the above, no, i have never asked and never will ask Nicola to be my 'signal service'. But what what i do like about her is (and i hope she doesn't mind me saying) she is also a relative newbie ...

Strat's Long Term Stress Free Trading

Hi Nicola, Looking at my analysis (amatuer though it is), I'm showing major support at 130 'ish'. I may look at placing an sell stop for 135 with stop at the top of today's candle, with a target of 130. Are you still getting up/staying up for the ...

Strat's Long Term Stress Free Trading

Hi Strat, Long time lurker, first time poster. I'm a relative newbie having started trading in November last year. Recently i've spent some time in a live room and found it not to my personal taste with indicators up the 'wazoo' and short timeframes ...

Strat's Long Term Stress Free Trading