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Strat replied Mar 11, 2009Thanks for the information. I'm trying to keep cycles outside of my analysis as I can still hear Dr. Joe's words to me! Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 11, 2009EURGBP — The expected profit taking in early trading has started at around 0.9225ish. We need to watch closely as this progresses to see if it is just profit taking or a return to the short trend on the Daily. Since we only have data from ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 11, 2009Good Bloom, I like a good laugh! I thought you were in the UK? Doesn't your candle close at midnight GMT? Well, you're on your way with the learning just by recognising that it has to be learned in layers. That's a very good observation. You have to ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 11, 2009Darksider Wannabe — Nicola, I've just noticed your new description "Darksider Wannabe" - very strange - is there something you want to share with us? Also what happened to your old avatar? I used to enjoy looking at your brains! Rock n Roll, ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 11, 2009EURUSD Tuesday's price bar — Tuesday produced a very interesting price bar - see attached chart. Can you see intervention by the Market Makers? They drove price up through major resistance at 1.2700 to stop at minor resistance at 1.2830ish. ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Bloom, Thanks for coming out of your shell and asking questions. A Chelsea supporter - so you're the one eh? You might want to think of trading multiple lots so that you can take profit on one at say 50 pips, bring the others to break even, take ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009AstonDan, Poster's handles intrigue me so I'm guessing that you are an AstonDan hoping to move up to an AstonMartin? Me too - watch out Bond - we are on our way! Only 5 months in Forex and you are already well on your way, Dan, congratulations. The ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Thanks for the questions. I may have over simplified things with my comments about the close. The close, in my opinion, is the most important level on a candle. I do not use tails or wicks for trend lines or any of my analysis. So, on a down trend ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Thanks for the question, Bloom. Ask and ye shall receive. Before I answer, have you read about PPZ on J16? If you do that you will find the answer to your questions. Sorry it's not the answer you were looking for but I said I would not spoon feed on ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009And how would you do that? What parameters would you test it against? How would you know when you have a result? What would you do with the result? What positive feedback could you provide? Thank you but no thank you. Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Thanks for the questions but unfortunately the answers are not so straightforward and require lots of study and years and years of practice. To answer these now would be putting the cart before the horse and would probably confuse you more than they ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009[quote=Baba G;2591690] Our trading likeness and similarities are uncanny - I don't look at how many pips I make on a trade - I just like seeing it go to free and then I don't really care after that. I maybe just check the accounts once a month also ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009USDJPY Support & Resistance - something to watch — Watch as price bounces off and around these lines. Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Are you related to George W. Bush? 3 things: 1.Entry 2,Management 3.Exit 4.Money management Yorkshire born and bred Yes, a big John Cleese fan - he lives in Santa Barbara, CA where our daughter used to live. We saw him in the mall there - he looked ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Have you got the balls? Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 10, 2009Hasta la pasta then. How long are you gone for? Are you flat or still trading while you're gone? Which highway are you taking - the M25? Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 9, 2009EURGBP — EURGBP closed above two levels of minor resistance and one level of major resistance AND the down trend line of the triangle. However, all 4 cycles are topping and for such a strong up move, volume is pretty anemic suggesting it may ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 9, 2009Support and Resistance — Anyone that knows me knows that I am a rebel, non-conformist and a non conventionalist (among many other derogatory words the trouble and strife calls me). That being the case, I will probably stir up a can of worms, ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 9, 2009Personal request — I am very pleased that people are learning and making profits from this thread. That was my reason for starting it - to give back. Interestingly, and I never thought about it, it is making me remember so many things I had ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 9, 2009Again, it is something experimental that I have cobbled together in the absence of something already available. So far, it is pretty accurate but I have yet to use it "live" at trend changes and major swings to fully see the benefit (and if it ...
Strat's Long Term Stress Free Trading