It's an interesting argument.....I lmow your predisposed the other way. LOL - we better let the price show us the way. Just to be clear though - I'm looking at monthly E/J ...not EURUSD. I'm locked into the argument that E/J is the economic ...

Strat's Long Term Stress Free Trading

Bingo - buying dollars and selling yen...and (yes) buying some well placed Euro....may be the call for the well-hedged trader. I see your counter argument too though...your channels will be interesting.

Strat's Long Term Stress Free Trading

You stole my post! My crystal ball tells me that it will not hold....we shall see. The crystal ball doesn't count.....well...maybe a bit. Yes, the crystal ball has another name...the monthly chart.

Strat's Long Term Stress Free Trading

Always looking for the next opportunity.....now that we have some USD prominence....it E/J telling us that the Fed has salvaged economic security? Is holding the weekly 61 fibo and a bullish weekly candle significant amid the EURUSD carnage? Shall I ...

Strat's Long Term Stress Free Trading

Very nice.....don't get too cute with your stops....so far so good.

Strat's Long Term Stress Free Trading

There you have it! What a difference a day makes.

Strat's Long Term Stress Free Trading

Nah...I just be's lucky, yo. See....patience in EURUSD! You were so right on that.

Strat's Long Term Stress Free Trading

There is no hurry on this for the stress free trader. Should current levels hold, the monthly view remains trend-based, and the notable support will have held. As of the moment, however, the weekly candle pattern is short term bullish. It's all how ...

Strat's Long Term Stress Free Trading

Cast thine eyes on the monthly. And then the weekly.

Strat's Long Term Stress Free Trading

1.3585 Can't close below it.

Strat's Long Term Stress Free Trading

I appreciate that ....but I do want to point out that stepping into E/J remains a high risk endeavor, because of both ths point swings and the chart formations Again, the value of this thread is in finding a series of M/W/D charts that sing ...

Strat's Long Term Stress Free Trading

LOL - We'll see!

Strat's Long Term Stress Free Trading

I agree that the formations on the S&P and E/J are productive...and related in my opinon; For forex purposes, as Strat spelled out so nicely, though, there is no need to rush, and there is no harm in closing the trade as you have done; if correct ...

Strat's Long Term Stress Free Trading

Nicely stated. Make sure you read that post several times. The 95 percent will read it and cast it off. That's why they are the 95 percent.

Strat's Long Term Stress Free Trading

I agree with that.

Strat's Long Term Stress Free Trading

In an effort to look ahead and for those looking for a news-inspired bounce, please note that we are up against a 2004 support in EURUSD; the stablity against GBP is reassuring as well. Timing for this is as per ones's stress-free tolerance. I would ...

Strat's Long Term Stress Free Trading

The NFP is the darling of choice at the moment. At one time it was the trade numbers. I just trade through it, but I never enjoy it. In the long run, it matters little - the longer term charts carry the weight of the move. But it can sure cause a ...

Strat's Long Term Stress Free Trading

Anything is possible - either way, that channel point or the top of the inverted shoulder needs to be breached for the long case to be held up. Nicola has her point - remmember I posed that question to the forum a ways back - where is the slap in ...

Strat's Long Term Stress Free Trading

I approve wholeheartedly - until the forming weekly pattern is overturned. Nicola's channel needs to be respected though.

Strat's Long Term Stress Free Trading