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- pipfx replied Feb 7, 2010
Another gem! — I just read this post several times. As a rookie, I feel this advice is the reason most of us fail. We try to anticipate moves to get those high risk pips, while the traders that make money are patient and disciplined. Great ...
Strat's Long Term Stress Free Trading
- pipfx replied Feb 6, 2010
A work in progress — I did reognized the hammer on Dec 29, but I admit chose to actually place a TP to ensure my trade was triggered. All in all, my initial TP was incorrect. I saw 1.6720 as minor support and traded to that. Thanks for the ...
Strat's Long Term Stress Free Trading
- pipfx replied Feb 5, 2010
GBPUSD — Definitely. I would wait to see PA and a potential retest. Just making an observation more than anything.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 5, 2010
GBPUSD — At work so I can't post a chart. It is breaking through 1.57 like it's nothing... obviously willl wait for the close. IF it does close below, we have long way to go to next R.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 5, 2010
Wow! — So many excellent posts occurred over night. Looks like I am going to spend my Friday night studying charts gain. Thanks again everyone.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 5, 2010
GBPCAD - final update — Here is the final update. The trade hit my TP and the trade was closed. My first trade was successful, but as Strat mentioned I got lucky. I moved my SL due to gremlins and FEAR of taking a loss. I will follow my plan ...
Strat's Long Term Stress Free Trading
- pipfx replied Feb 4, 2010
Thanks for the advise. You are right I have no where near a 1000 hours yet.... BUT I will evenutually. I now see I just got lucky here and will not mistake luck for skill at this point. Could you point to the post that discusses exhaustion bars?
Strat's Long Term Stress Free Trading
- pipfx replied Feb 3, 2010
GBPCAD - Update — My stop loss at the worker 20 and minor R from a Dec 30 and 31st candle did not trigger, I got saved by my 5 pip buffer. Today's candle shows a bond SS. It does show me that the buyers lack power to really drive this one up. ...
Strat's Long Term Stress Free Trading
- pipfx replied Feb 3, 2010
Thanks! — No better way to make your first live trade than posting for all to see. To be honest, I think it is a great way to ensure you can justify your trade and ensuring you trade your plan.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 2, 2010
GBPCAD -Update 2 — Hey guys - Today we had a spinning top, which to me signals that no one really had control and there is some indecision in the market. The high of the top almost hit the worker 20, which is acting as R. I have trailed my ...
Strat's Long Term Stress Free Trading
- pipfx replied Feb 2, 2010
LOL! The seed of doubt has been planted, but true to Strat's method I am going to keep following the plan.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 2, 2010
Agreed — That is what I saw too. Thankfully this hasn't been a costly mistake.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 2, 2010
GBPCAD — Well I guess I certainly didn't pass the test! I will keep posting updates to the trade, since it is still a learning experience. I stated my reasons for taking the trade and to my unskilled eye it looked like a decent set up.
Strat's Long Term Stress Free Trading
- pipfx replied Feb 1, 2010
GBPCAD - Update 1 — I have moved my SL from above the hammer Jan27 to a minor R level on the worker. This is merely to PROTECT my capital. It is not at break even but at a logical area. I would still be at a loss if it is hit but a smaller ...
Strat's Long Term Stress Free Trading
- pipfx replied Jan 31, 2010
GBPCAD - Trade entry — I have attached the trade entry. One thing I did not discuss in my previous post is the RR. The RR to my first TP of 1.68 Psycho is a little less than 1:1 which is not good. My first TP is really an area that I will ...
Strat's Long Term Stress Free Trading
- pipfx replied Jan 31, 2010
GBPCAD - Live trade — I will be posting updates for this trade live. The reason I am taking this trade. The BOSS is making LH and LL. Especially when you take a step back and look at the longer term trend. Also the BOSS is currently showing a ...
Strat's Long Term Stress Free Trading
- pipfx replied Jan 30, 2010
GBPCAD Live trade — I am going to try to post my trade live of GBPCAD, if Strat gives me the ok. I am waiting for the market to open to put in my buy stop. Cheers
Strat's Long Term Stress Free Trading
- pipfx replied Jan 27, 2010
EURJPY — I saw that too, the boss makes this trade a little concerning though. We had 3 hits of the 138.xx level and most recently made a LH and LL. This one may be rolling over in my opinion. On the big boss...last month was also an IB and ...
Strat's Long Term Stress Free Trading
- pipfx replied Jan 25, 2010
Feel free to contact me if you need any details. Details for what? This thread is the path to learn to trade. It seems like you are on here to promote an OANDA account or a method to trade, either way, nothing to do with Strat's method of stress ...
Strat's Long Term Stress Free Trading