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Strat replied Mar 28, 2009Dan, in general, you are right, the IB is a set up bar and you place your order either side of it DEPENDING WHERE it is in the price/trend/range and WHAT it is doing in price relative to the bars around it. OR, you may not do anything at all. With a ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Amin, you are NOT caught in the middle - you are still at the beginning. Until you have read and practiced on thousands and thousands of charts, you are only at the beginning. Unfortunately, we don't know where the end is to truly measure ourselves ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Oooh, Nicola, "hate" is a really strong word - do you really mean that? It's been very good to me in the past - it's just another pair with it's own idiosyncrasy. Maybe you should try trading Weekly time frame as well - she is a very benevolent ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009I am different from Jim and J16 so you may get a few "bumps" and "bruises" but the goal is the same - make money. Please feel free to join in anytime you like - but nothing lower than Daily!
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009What are you doing? There was no PA to signal a trade on EURGBP I told you - girls were the best fun in high school (not forex) - try making a move on them!
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009I thought you said you had difficulty seeing - not surprising with all those grid lines - why don't you get rid of them?
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Thanks, Nicole. You have obviously found the time frame which works best for you and fits your style. Good girl.
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Good lad, Dan. The more you guys open up about the psyche stuff, the better prepared you will be to take it on again.
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Good lad - exercising DISCIPLINE - waiting for the trade to stand out
Strat's Long Term Stress Free Trading
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Strat replied Mar 28, 2009Presents from my travels — Presents from my travels: A COIL for Nicola, STOPS for Nicole, PLAN for Dan, Gladys Knights for me and THANKS for Dr. Joe See chart - S&R lines removed for clarity I wasn’t going to post this as it smacks of ego but ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009Catching the big bird in the sky this afternoon (Friday). I will catch up during the week - end, trouble and strife permitting!
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009Whoa, Naws, where ever did you read this? This is NOT true. An IB is a PAUSE BAR - both the buyers and sellers have lost interest. An IB can be a reversal bar, bullish continuation bar, bearish continuation bar or mean nothing at all. It all depends ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009To Trail or Not To Trail - that is the question Nicole, I must have tried every stop that's been thought of. As I posted earlier, it is all about preference. It also depends where you are in a trade. If you are early in a trade, then you want as ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009Hi Trader Rich, I've always been interested in P & F charts as it complements my Price Action style. I hope you feel the interest and desire to continue your thread. I for one am very interested. Have you tried any MT4 P & F indicators? I tried a ...
Point and Figure Chart Analysis for USD/JPY
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Strat replied Mar 26, 2009No it is psycho 1.1000 If you like playing with it during the day then maybe you should drop down to H4 or H1 and then you can do a lot of playing. Yes it is fear and greed, all the psychological emotions and the kitchen sink thrown in too probably ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009First of all for me, there is no price action telling me to put a trade on but that's just me. I need to see better price action and also get a better entry. There were too many pairs with long candles as set up bars, these being two of them and I ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 26, 2009But you are now already into the London trading session - you should have had orders placed before the London open
Strat's Long Term Stress Free Trading
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Strat replied Mar 25, 2009Yes, just waiting for more confirming PA and a better entry price
Strat's Long Term Stress Free Trading
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Strat replied Mar 25, 2009Exactly right, Excel Wiz. I just round everything up to the nearest round number (00, 50 and 25) to bring me in line with the big boys. My 1.1014, your 1.1018, I have rounded up as 1.1000
Strat's Long Term Stress Free Trading
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Strat replied Mar 25, 2009Nothing at all wrong with that ATC - your strong resistance has now become support
Strat's Long Term Stress Free Trading