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- Lotuselanman replied Nov 22, 2009
To Hammer or not to Hammer, that is the question?? — Keyser, I don't have access to my own charts at the moment so am relying on the chart you posted. Well, not much of a trend but the last 8 days or so on your chart have LHs and LLs (mostly) ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 21, 2009
Thanks Mike — I'll download it and have a look. Every little helps at this stage (as long it is about PA of course!). All the best etc. Christopher
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 21, 2009
EURUSD — I agree it is in an interesting position. There is also the failed second attempt at breaching the (possibly minor?) R at 14996(ish) and the shadow of Friday's candle is resting on the 50MA. That candle is a hammer! Monthly is UP ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 21, 2009
Want to have a go? — Why don't you have a go? After all we are all learning on this thread. As for me, I can't see anything which is calling out to me to be traded at the moment. Charts are either nearing points of R or S giving poor R:R or ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 20, 2009
Oh dear, Strat! — A tad unsubtle methinks! After all your cool trading psychology should tell you you don't have to rub it in!!!!! [My girlfriends haven't complained so far and the medication you seem so keen on is available free on our ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 20, 2009
Thanks Alexandra — Yep that is wise. I get a bit nervous when I see charts with all those very spiky candles with enormously long wicks and shadows - a sure sign of volatility. I'll stick to the neatly formed and tighter candled pairs in ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 19, 2009
Well, the short on EURGBP was taken on Monday and did okay on Tuesday (my time), started to go north yesterday and probably should have closed out but...... EURJPY has been successful for me in the past as it trades within a channel and looked as if ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 19, 2009
Failing shorts....................aaaaaah!! Alexandra and Blackeagle. — image LOLOLOLOLOLOLOL image Well you will both have to forgive me being so dense! It is late here in London and the whisky is rather good. Anyway at nearly 68 the candle ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 19, 2009
You are very criptic Alexandra! Which bit is 'delicious', my failing shorts or the AUDJPY comment? Just seeking to learn a bit more at each stage of the Path, that's all.
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 19, 2009
Thanks Strat! I was sticking to The Plan which has had me in well in profit for the last few days. Clearly I need to get to know how to shift my SL to maximise profit without stopping out too early. EURJPY is currently opening after the 10.pm ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 19, 2009
AUDJPY - ummm? — Don't we assume it is already in the price now? Which makes it tempting. B Boss's upwards thrust apparently weakening, Boss retraced to 50 Fib and major S line and forming a hammer, and the Daily stopped at the S line and 50 ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 18, 2009
Blackeagle's tutorial on SR lines — ONE HUNDRED PERCENT AGREE!!!! As always, Blackeagle, total clarity and systematic guidance. Thank you.
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 16, 2009
More to PASR than candles and bars! — Strat this post is VERY helpful and informative. Might it be a good one to go in the Index?
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 15, 2009
Oh yes indeed! It is so easy to look for trades and then, of course find them. It has taken some time but now I am much less concerned if I go through the selected pairs that Strat recommended for beginners and find nothing that leaps out at me. I ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 13, 2009
SR lines — Blackeagle's posts on SR lines I found to be the clearest guide to drawing SR lines. I think the easiest way to draw them is to use a line chart rather than candles. Using a line chart cuts out the noise around a candle and when you ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 12, 2009
AUDUSD is this worth trading? — Now I know I should be able to answer this question, and I suppose the mere fact that I am posting it as a problem suggests an answer - Don't trade yet. BUT BBoss is clearly on an UP Boss is also on the UP with ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 12, 2009
Your USDCAD proposal — Seems good to me. Worth waiting for as it would be a probable 400 pips all the way down to the major bottom S line. You will also have the MAs above you when you go for the trade and all the other signs are Down as you ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 11, 2009
Grey Hairs????? — HANG ON STRAT!!! Don't give away my grey hairs, they are precious as there aren't many of them left. [At least that's what my girlfriends tell me! When I look in the mirror I see a full auburn mop of course!] P.S, Thanks for ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 10, 2009
EURJPY — Yes indeed, but inside that there are other smaller ranges - probably the most frequent smaller one is marked with the blue arrows. I have done quite well trading that smaller range because it is more frequent that the fuller larger ...
Strat's Long Term Stress Free Trading
- Lotuselanman replied Nov 9, 2009
I know you addressed this query to Strat, but my take on it is like me running up a staircase. The impulse is UP but from time to time I have to pause to get my breath back (something which happens more and more frequently). This I would take to be ...
Strat's Long Term Stress Free Trading