Great find mstandifer! Didnt check the indexes in quite a while. Also have a look at Weekly DSRIs, guess where it bounce from. Have you seen the general weakness against the dollar in the majors? EURUSD, AUDUSD & NZDUSD all broke their Weekly ...

Strat's Long Term Stress Free Trading

I'm thinking why would you consider that a new uptrend might emerge... Looking at the Monthly charts I've been pondering the meaning of the high momentum bullish swing that started at the beginning of the year. While starting from April the price ...

Strat's Long Term Stress Free Trading

Can you post a chart to see what you mean?

Strat's Long Term Stress Free Trading

Hey Alexandra, Maybe that level was an OBVIOUS weekly resistance level, does that mean that it would be a fake? I perfectly understand your reasoning that this level SEEMS to be eyed by everyone and when that happens usually Ms. Market does the ...

Strat's Long Term Stress Free Trading

Yesterday Close left us a BEEB that broked 91.8 by a some pips, had a SELL STOP order at 91.5 which got triggered. Looks good till now... Closest Weekly support is at 89.6.

Strat's Long Term Stress Free Trading

This was a great setup, in hindsight for me now that you mentioned it. I dismissed EURJPY in my background profile because of the rangy Daily timeframe. But looking at your chart I see BEOB at Weekly resistance while BOSS is down. Neat!

Strat's Long Term Stress Free Trading

USDJPY — BOSS. BOSS & BIG BOSS bearish. Weekly Supply DSRI still active. Worker. From November 07 price rised and today found resistance at Weekly SR of 92.3 after breaking Weekly 91.8. Currently is bouncing between the two and today I am ...

Strat's Long Term Stress Free Trading

Thanks Strat for the detailed explanation, it is clear now.

Strat's Long Term Stress Free Trading

Yeah, SR levels AND trendlines through closes really rock on Weekly and Monthly. Even on Daily although here is very dependent on the feed but found it reliable anyway! See the confluence of the SR at 1.068 and the bearish DSRI? I think at the end ...

Strat's Long Term Stress Free Trading

Well said mstandifer, feeling the same way. This thread is GOLD, really. Many thanks to Strat, Blackeagle and everyone putting up time to share their knowledge with us!

Strat's Long Term Stress Free Trading

Ok with the risk of being send back to The Beginning Path Of Learning , I can't find those resistance levels on my Weekly feed (am looking at CLOSES). May I ask what are you looking for on the Weekly chart? Thanks!

Strat's Long Term Stress Free Trading

Hello Lou, By Weekly SR at 1.068 I mean the SR that is drawn through CLOSES, usually I do it using the line chart because it is easier. This is what I understood reading Strat's thread that SR through closes, especially on larger timeframes like ...

Strat's Long Term Stress Free Trading

Strat, regarding GBPCAD what are the levels you wait for? My nearest Weekly resistance lines are 1.753 and 1.765, first one was touched Friday and left us with the BEOB. USDCAD didnt reach (my) Weekly resistance yet... P.S. Regardless, it is true I ...

Strat's Long Term Stress Free Trading

Order NOT activated, drats, should have had a look at the trading platform before opening my mouth. Sell order placed at 1.7100, missed by a few pips. I trade using Oanda and analysis on MT. Anyway order still stands.

Strat's Long Term Stress Free Trading

GBPCAD — SHORT order activated after today open but quickly reversed. My first trade using this method! Although the move up that started in Oct 13 seems impulsive (as Strat said) I chose to ignore it considering that all elements of the ...

Strat's Long Term Stress Free Trading

A meaningful difference (for me!) is that this candle could be just a pullback candle in a new (short term?) uptrend that started with the 10/11 week considering the size of the 10/11 BUOB candle. Am neither short/long but I do favor the long side ...

Strat's Long Term Stress Free Trading

Funny enough but my main system before finding your thread was "trading off the first correction of the first impulse in a new trend", by far the best thing EW theory left behind along with the simple ABC correction. No need to label or count ...

Strat's Long Term Stress Free Trading

GBPCAD — BOSS. Trend obviously down, last week bullish followed by this week also bullish but facing strong rejection at the end. image Worker. A+ BEOB at confluence of Weekly SR + Bearish DSRI. Will put a SELL order tomorrow or Sunday below ...

Strat's Long Term Stress Free Trading

Cycles — Point taken Strat! Thank you for the detailed description of your experiences, I can say I am relieved now feeling the same way.

Strat's Long Term Stress Free Trading

Cycles — Hello Strat, Reading your posts I keep seeing references to cycles and how you stay out of a potential short trade because cycles are UP. I didnt find any description of these cycles. Are they time cycles? Related to Gann in any way? ...

Strat's Long Term Stress Free Trading