Hi Roger, Thanks for this reaily-checking post, indeed it is very true what you said. It also happened to me today, closed my NZDUSD short position at ~BE just after I woke up and saw the current daily bar pierced 0.7000 and was rejected. The ...

Strat's Long Term Stress Free Trading

Lovely explanation mate! Totally agree ghous, am usually aware of this kind of price action but sometimes I have itchy fingers and I "forget" about it.

Trading "The Constrictor"

Hi Pirabuji, It is Strat's Method, see here url

Trading "The Constrictor"

Yep, still holding 1/3 of the original position at BE with a target just above RN 0.8. EDIT: No new position though, as you said it didn't close below 0.82.

Trading "The Constrictor"

MAs - DO NOT underestimate them — Good points kalvind! glasso, please put both MAs on your chart and observe how price reacts to both of them. Do not underestimate their power. I used to understimate it until Strat kindly put me back on track. ...

Strat's Long Term Stress Free Trading

So true, the healthiest approach. Good luck man, and thanks again for sharing!

Trading "The Constrictor"

You're trading it live ghous?

Trading "The Constrictor"

AUDJPY — Oops, forgot chart.

Trading "The Constrictor"

Yeah, add AUDJPY on the list too. Uber setups these past tades.

Trading "The Constrictor"

NZDUSD — Trendline break on Daily and was just retested. Going down to H4 I see the reversal bar at confluence of 21 + TL + SR. Sell order with TP just above RN 0.7. P.S. These are all demo trades, my live trades are from Daily timeframe using ...

Trading "The Constrictor"

EURGBP — Again rejected off confluence of 21 + SR. Currently found support on strong 0.82 but if it closes well below it may well go as down as 0.80 with little or no opposition.

Trading "The Constrictor"

Talk about why trading is such a personal thingy... Great job ghous, please keep it updated.

Trading "The Constrictor"

Hey Ghous, Your method caught my attention because I am using those EMAs (well 20 instead of 21) in a similar fashion, but on longer TFs only mainly Daily. I saw your H4 EURGBP trade, how about this one? It looks to me like a possible continuation ...

Trading "The Constrictor"

NZDCAD — On the BOSS we have a nice hammer off a nice trendline that was broken, now tested + both emas + ret 38 and a close above RN 0.75. image But going down on Daily (no attachment) we have no setup yet, I was tempted to put a buy order ...

Strat's Long Term Stress Free Trading

Ok Patrick, I see, thanks for the explanation.

Strat's Long Term Stress Free Trading

Risk on position — Great job Patrick! May I ask why do you consider to take this kind of PA only when you have an open position that is on profit? I assume you consider it more risky PA but then why take it now? Suppose you closed your ...

Strat's Long Term Stress Free Trading

How do you define "immediate"? The trade was put in July, and the July candle wasn't completed. If I'd use immediate for any unfinished candle then during the the day the worker might have the immediate trend bearish, a couple of hours bullish and ...

Strat's Long Term Stress Free Trading

Trends — How about stepping back a little and contemplate the method. It is a discretionary method, from entries to exits and to trend identification. We can't always see the same thing, especially when a trend slows down and shows signs of ...

Strat's Long Term Stress Free Trading

Yeah, I thought about it too. It is CT for me too although the worker turned around still looks too risky to trade on the long side. Good job nevertheless!

Strat's Long Term Stress Free Trading

USDJPY — Hello Rubens, Thank you for your comments, indeed 88 is a powerful R and if price closes above it then the bullish sentiment gets much stronger imo. Yesterday candle closed very bullish, right near 88. Since it wasn't rejected it ...

Strat's Long Term Stress Free Trading