CHFJPY weekly chart — There are a lot of way to draw demand/supply/support/resistance trendlines. I usually put them on and see if price reacts there. Then we get to the one that I call the last line in the sand ... Confused? Take a look at ...

Strat's Long Term Stress Free Trading

Sterling & Euro warning - tomorrow — Tomorrow morning (Thursday) it is the Bank of England MPC monthly interest rate statement which is a big news event for the currency. Whilst it is unlikely there will be any change to the rate (even ...

Strat's Long Term Stress Free Trading

GBPAUD — It keeps going until .... (there are more buyers than sellers, hehe)

Strat's Long Term Stress Free Trading

Which means ... when you looked at all those XXXJPY hammers you all picked NZDJPY right???? Or CADJPY ...

Strat's Long Term Stress Free Trading

EURUSD — I read that there are options barriers at 1.45 in EURUSD which are often quite well defended and there was talk earlier in the week of big sovereign (central bank) bids at 1.4460 Will be interesting to see anyway ... Sometimes these ...

Strat's Long Term Stress Free Trading

CADJPY — Watch how this daily closes. A little bit lower and we have a nice setup after a pullback in a downtrend.

Strat's Long Term Stress Free Trading

I put a fib on the daily candle. Often price retraces 50% into the candle before continuing. If it goes more than 61.8fib into the candle then I leave it. I do the same with weekly candles.

Strat's Long Term Stress Free Trading

GBPCHF — Hello all Here is a nice looking chart

Strat's Long Term Stress Free Trading

Its a good looking hammer on my FXDD acct, and so far an inside bar on my ODL acct. I would not be surprised if we retested 90.00 from underneath before continuing down at all so not nervous, just watching ...

Strat's Long Term Stress Free Trading

I have been thinking 87 for a while ... url

Strat's Long Term Stress Free Trading

Hi Chris This is certainly a big SR level for USDCAD, a yearly one (see chart). I am watching closely to see if support becomes resistance or where we go from here. Of the commodity currencies(AUD, NZD, CAD) CAD has been the weakest lately.

Strat's Long Term Stress Free Trading

Thanks Roy XXX

Strat's Long Term Stress Free Trading

Its hard to figure out ... The FOMC statement was the most positive it has been about the economy in years but they did not announce they were going to raise rates or started scaling out of the QE. They extended the time period for the treasury ...

Strat's Long Term Stress Free Trading

If you put fibs on the swings then you will see even the ones you think are not big levels are at 50fibs (cable is 50 fib of last swing, USDCAD etc.) Nice analysis.

Strat's Long Term Stress Free Trading

Dr Joe — What is it that Dr Joe says again ... it keeps going up (or down) until? Ladies and Gentlemen I present to you ... EURNZD 395 to go to the big round 2.0000 number

Strat's Long Term Stress Free Trading

Crude DSRI — US Crude today breached a support line it has held since the Feb lows. It will be interesting to see if it continues ... candle not closed yet.

Strat's Long Term Stress Free Trading

Did you deliberately miss number 4 off?

Strat's Long Term Stress Free Trading

Hello One14 I was short cable from last week until this morning when the hammer broke. Its really a range trade until it breaks out of this H&S (I can also draw this as a wedge). I am still short GBPCHF & GBPAUD but we could be near the end of the ...

Strat's Long Term Stress Free Trading

EURCAD — Do you like this one too:

Strat's Long Term Stress Free Trading

I was going to post this chart tonight too. I really like this long but I am waiting for it to break 86. Just in case ..... I like AUDJPY long but want to see it break 80 too. NZDJPY has broken out of a similar wedge and looks all set for 66.00

Strat's Long Term Stress Free Trading