Wow you are doing really well. A professional trader who has helped me hugely with my trading psychology told me that if you get to the end of your first year trading and you are break even then you are most likely going to make it. I know that is ...

Strat's Long Term Stress Free Trading

Thanks ... I'm going to have to I think.

Strat's Long Term Stress Free Trading

Why I hate coming to FF — I'm going to rant briefly ... It took three attempts to post that last post. Twice I tried and FF managed to open a million IE browser windows and give me the blue screen of death. It's disruptive to my trading. I ...

Strat's Long Term Stress Free Trading

Patience rewarded. I am targeting the lower resistance line, then the 38.2 fib and big 1.60 level. Then a breakout would be great wouldn't it? I'm trying not to be greedy.

Strat's Long Term Stress Free Trading

CHF — If anyone is long CHF in any positions (like short USDCHF or short GBPCHF)you might want to check your stops or watch out for news coming up. In a few hours it is the Swiss National Bank interest rate statement and this is a central bank ...

Strat's Long Term Stress Free Trading

i did say IF we break 90 ... Your latest USDJPY says a lot.

Strat's Long Term Stress Free Trading

Cable — I think that the signs are getting clearer ... an inside bar today would be nice. Note to Newbies. IF it is an inside bar and IF you trade it do not trade the break of the inside bar, trade the break of the big red marabuzo candle ...

Strat's Long Term Stress Free Trading

You could learn to love range trading if they were all this big ... If you put it on the boss (weekly) it doesn't look so scary

Strat's Long Term Stress Free Trading

100% agree.

Strat's Long Term Stress Free Trading

Sinan I have USDJPY in a very big descending channel if that helps (first chart) ... And in my view we are in a downtrend until we break up through the line I have shown in the second chart or we make a higher low. PS - if you are a USDJPY bear you ...

Strat's Long Term Stress Free Trading

Dynamic Support and Resistance — The power of DSRI .. an update GBPAUD daily:

Strat's Long Term Stress Free Trading

Stay out and find a market that is trending ...

Strat's Long Term Stress Free Trading

I look at many more charts each night than I watch through the day and try to find the markets that are trending rather than going sideways. Here is my opinion (and remember I am often WRONG) of the popular FX pairs and these are the ones I would ...

Strat's Long Term Stress Free Trading

GBPAUD — I know the candle has not closed yet. But in the famous words of Dr Joe it keeps going down until it stops. Daily chart

Strat's Long Term Stress Free Trading

Cable — Here is an alternate view, weekly chart

Strat's Long Term Stress Free Trading

I never knew you were so fickle Strat ... I'm going to try and hold on for 87-ish ---------------- A funnymental aside from "Across the curve" suggesting the USD is the new carry trade ... Why is Usd/Jpy so heavy? * In the last three weeks, Usd/Jpy ...

Strat's Long Term Stress Free Trading

I take your point. The arbitrary distance is where I take half off to pay for my stop, then if it retraces and I am stopped out I have made 1x my risk. The second half of the trade I use SR levels, swing hi/lo's and price action reversals to ...

Strat's Long Term Stress Free Trading

CFD's are "contracts for delivery" or futures contracts and those are stocks. American Airlines, General Electric, etc. If you want to trade stocks go ahead. This is a FX forum which is why you did not get a fast reply.

The DIBS Method... No Free Lunch continues

I did not use a full bar stop, no. I pick daily setups I like and look for 4hr (and sometimes 1hr entries). Its not "stress-free" and will give you more losers than using just daily candles, but I am profitable. I do trade daily candles too and I ...

Strat's Long Term Stress Free Trading

Hi Alter, I took the CHFJPY not the EURJPY, I posted the EURJPY chart because more people trade it but they look the same. I have a different strategy to most though. I take half of the trade off at 3x my risk (3x the stop size) and then I would try ...

Strat's Long Term Stress Free Trading