Hi Kaunasny, You've provided food for thought here... One reason I am on Strats Path Of Learning is to learn to wait and not jump in to early. I've lost enough doing that. Part of J16 methods is to take similar trades to this at times. Some work ...

Strat's Long Term Stress Free Trading

OK, Thanks Strat, as I will need correct TLs I'm off to research swings.

Strat's Long Term Stress Free Trading

Strat, sorry to take so long to respond - things have been busy for the last week or so. Thanks very much for your feedback on the CADJPY (Not sure why I am giving this pair such attention)- there is one aspect of your response that has troubled me ...

Strat's Long Term Stress Free Trading

I've read too many trading books because until even quite recently, I wasn't even aware of internet trading forums Plenty of books are an entertaining and enjoyable read although I think that very few of them will actually get you far with trading ...

Best forex and/or trading book you have ever read?

Update on the CADJPY daily - has hit the upper trend line. We seem to have a triangle formation with the trendline down to the 81.50 support. I'm not sure yesterdays candle off the trendline merits a trade at this stage although if yesterday's low ...

Strat's Long Term Stress Free Trading

Strat, Thanks for your comments. Just to clarify - I really am not trying to trend trade, just trying to hold a PASR trade for the optimum time / to the optimum levels but I have a short termist attitude that I need to overcome.. Meanwhile, I'll ...

Strat's Long Term Stress Free Trading

Gaf, thanks, waiting for a trade to progress through a consolidation rather than just take the profits of the table is a tough thing. I think I need to formulate some rules for it - taking partial profits and/or moving stops is what it amounts to I ...

Strat's Long Term Stress Free Trading

Strat, Many thanks for your encouraging response. I'm keeping plugging away, reading both ends of the thread (whole thing 2nd time around) and sticking in a post where I can find the time. As for the account - I'm in for the long haul. I see having ...

Strat's Long Term Stress Free Trading

A quick note on two trades I entered a week ago or so (6 July). Long EURGBP and Long AUDUSD. The trades have worked out well and by my plan I should still be in them [ie wait to be stopped out ]. But fear greed and little people in my head got the ...

Strat's Long Term Stress Free Trading

CADJPY — An attempt at some analysis of CADJPY..... Big Boss - still in up trend yet looking weaker Boss - uptrend has broken down below the trend line. Has now also retested the uptrend line - the former support became resistance. Daily - ...

Strat's Long Term Stress Free Trading

Hi Gaf, many thanks for your insights. I definitely should have looked up to monthly - I think that is what Strat calls the control bar. Also the trendlines -Id missed those thanks that changes the look of the chart and my target if the BUEB ...

Strat's Long Term Stress Free Trading

aud usd — I was stopped out overnight, I had a feeling that the stop at breakeven was too soon. I wil reenter on the break of the bullish engulfing bar

Strat's Long Term Stress Free Trading

Thank you No 1. I was doing my best to get the right term and specifically to avoid the p-**r word. But I muddled my terms anyway :-(

Strat's Long Term Stress Free Trading

eurgbp — This trade is taken from the break of the weekly shooting star [correction: Hammer] (order filled today) The weekly is in an uptrend over the long term, but has wobbled lately, bu tlooking left to right across the screen the long term ...

Strat's Long Term Stress Free Trading

AUD USD — Weekly = Up, although it has been having troubled times lately on the daily a higher low with a shooting star set up provided my entry signal (my stop was behind this at 0.82940 it is now moved to break even - perhaps a little too ...

Strat's Long Term Stress Free Trading

Strat, the thread has not been lame recently, but its just been missing the main ingredient for a few weeks. I know I don;'t get to post much here, since joining The Path life has been busy for me, just keeping up with the end of the thread has been ...

Strat's Long Term Stress Free Trading

Many thanks Smikester, I'm sitting through this pull back due to forgetting to place a stop (got caught up with work). ... so hopefully the daily pin still has legs..

james16 Chart Thread

Hi Pippy, sorry, only just saw this msg , Yes, me too. It got a bit tiring over there. I'm a slightly longer term trader, but enjoy your thread, I like its mix of straightforwardness with a bit of entertaining banter thrown in, so I hope you don;t ...

Spot FX Day Trader's Thread

Tiaforex, that was a great post, I esp like the part I copied above, but the whole of it was superb.

james16 Chart Thread

Hi relyt, you've had great advice there from S-Pro and Bundy, If I can just offer my experience - I joined the private forum a year ago. I have demoed demoed and demoed with live trades too, and during that whole year my time has been spent watching ...

james16 Chart Thread