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Strat replied Mar 4, 2009tgs, I guess that's the difference between a young stud and an old fart - I need to wait for a strong close above resistance before I take my hand off my wallet! Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009Everyone is welcome here Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009Looks like consolidation to me - a wave 4 perhaps? Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 20092 Ys U R 2 Ys U B I C U R 2 Ys 4 ME! — You worry me, my friend - ""Im starting to understand your thought processes"" - nobody, not even my trouble and strife for over 45 years can understand me or my thought process! Seriously though, these ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009Oh no! Were you one of those Wombles? Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009Hello John, Thanks for the kind words. I wish I was "up there" with Jacko - he's got $millions, I have only $thousands - but $money is not everything - I like to think I can trade as good as "me old mate". "Old" - that's a laugh - he's ten years ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009How to identify a trend before it starts — I bet that caught your attention! I have never been able to do this so when I saw "How to identify a trend before it starts" in the promotional materials sent to me by email a couple of weeks ago, it ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 4, 2009This is why I started this thread — Did anyone take note of this? My goal, and the purpose of starting this thread, is not to just trade the 1 day, 3 day or 1 week moves for 100 to 900 pips or so, but to find AND trade the long term trends. ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009This is how I see it and ONLY my opinion (I've been wrong, so very wrong, many, many times!) so please take it with a bucket of salt! The Weekly is in a strong upward trend. Momentum is increasing although 3 out of 4 cycles are topping out. The ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009Daily updates — AUDUSD: The shorter term up cycle is keeping me out of selling below today's bar. Momentum is still down, price has been rejected by the 20, price and volume combination are good for lower prices - everything is down except ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009USDJPY — Post # 52 ""The Yen pairs are looking more and more like profit taking to me so I am looking for an add-on quickie 1700 pips if I can get filled around 97.00ish on USDJPY. You can't beat a quickie!"" Well my "quickie" is turning out ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009Sorry, mate, which pair? Come on, you know that getting stopped out for 0 is the next best thing to a profit! Tennis player eh? Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009No set rule, lijohn, it all depends how price action is developing. If I entered an order anticipating a sell and then next day the sentiment changed or price action started to hint at buys then I pull the order immediately. It also depends where ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009Hello tgs, You were doing your post at the same time I was doing mine and yet again, we agree. We are getting a bit like an old married couple - surely there has to come a time when we disagree? Many thanks for your input it is highly valued and ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009Good morning Nicola, See attached chart. Patience, as well as discipline, is the difference between a profitable trader and a losing trader so just keep waiting until the opportunity presents itself. The aqua lines are major support and the magenta ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 3, 2009Jacko, me old mate, I was referring to Thomas Jefferson - compared to me, you're still a young pup! Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 2, 2009EURGBP — See attached chart: The EURGBP has also made an outside engulfing bar but this time a BULLISH engulfing bar where it engulfed Wednesday, Thursday and Friday's bars so pretty bullish - eh? There are problems with this: Although today ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 2, 2009GBPCHF — Well I attached it last time (or thought I did), here goes again Aah! Forgot to click "Upload" - first sign of Old Timer's Disease I guess! Rock n Roll, Strat
Strat's Long Term Stress Free Trading
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Strat replied Mar 2, 2009GBPCHF — For those that missed the GBPCHF trade, the market is giving us an opportunity to get in again (or add more positions). See chart. Today has produced an outside bar completely engulfing the Friday bar (ignore the red Sunday bar). This ...
Strat's Long Term Stress Free Trading
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Strat replied Mar 2, 2009Hello bjohn34, I didn't say where I put my SL but if you read my earlier posts, you should be able to work it out. I don't look at H4 or H1 charts. If you set your stops from H4 or H1, then you have to trade H4 or H1. Rock n Roll, Strat
Strat's Long Term Stress Free Trading