[quote=strat;3121973] Thanks Strat - that is exactly what I was trying to intimate - that we know the bar is either up/down/doji - the reasons for that (ie news, funnymentals etc) are irrelevant to us traders. All we need to know is it's direction ...

Strat's Long Term Stress Free Trading

[quote=chanak;3121401] Have to watch this with Shares though as there are sometimes 'lenders' in the market. Some big MMs and Brokers will have a pool of shares waiting to be traded. These shares can be 'lent' to CFD traders or sold to buyers. Are ...

Strat's Long Term Stress Free Trading

Thanks Barry - I must confess to having to read papers as part of my job but I try and skip the financial bits these days so as not to affect the trading. You all have my permission to block/ignore me should I post any news related tripe again! ...

Strat's Long Term Stress Free Trading

LOL @ RockK -Yeah lovely equity curve; just don't have a curve inverse to that! BlackEagle - thanks for that post. Tells a thousand stories that I no longer ever need to read! Unsubscribed from Financial Times!

Strat's Long Term Stress Free Trading

A reminder for all.....

Strat's Long Term Stress Free Trading

There could be some mileage in this you know Sinan! I think the key is to ignore all news/opinions etc when u decide to sit at your charts. It's like stepping into a trading zone where you have just you, the charts and your broker for entry/exit. ...

Strat's Long Term Stress Free Trading

I think what was meant was until there is a better PASR opportunity to get into a longer term move Strat? Ie wait for a pullback / retrace at a better price, not sit out entirely.

Strat's Long Term Stress Free Trading

Cheers Strat - got it. A bit like one of the rules in 'that' book. Never buy after 3 pushes up and never sell after 2 pushes down.

Strat's Long Term Stress Free Trading

Strat - your Fibs - do you track them up from the last low each time? I always thought that one drew them from the lows to the high on the chart window you had at the time?

Strat's Long Term Stress Free Trading

LOL - Thanks again Strat - Made me chuckle - I was trying to show the internal conflicts that we have as new price action traders. I'm sure we all still suffer from them from time to time? Fully understood before the addition of the red line too - ...

Strat's Long Term Stress Free Trading

It's still hard to reconcile the internal left brain / right brain conflict though. I forget which side delivers what but we tend to 'anchor' to recent information - in the case of Sterling the anchor would be 'sell' due to lot of red on the charts ...

Strat's Long Term Stress Free Trading

Right then - my weekly analysis of the charts tells me one thing to do with GBP cross pairs. Then I STILL have this bloody wretched fundamental view of the GBP and the governments bad handling of the economy yada yah ad nauseum This causes the ...

Strat's Long Term Stress Free Trading

No worries Sean. I have support at 81.91 just looking at that pair quickly (not one I follow) so the RR Ratio would not be good enough for me to risk on that BEEB. It's right on the second upward DSRI as well, so that could be double support. One ...

Strat's Long Term Stress Free Trading

I would never put a market order in for up to 20mins either side of NFP. Most brokers widen the spread massively and you'll get slipped crappy fills. If you must enter the market I would wait for the dust to settle 30mins and see what you have then. ...

Strat's Long Term Stress Free Trading

Jacko loves the 50% Fib on eurusd. Looking at the boss it looks bearish to me; I still 'think' (dangerous, I know) that the wedge BO will be a fakey as it's rejected the old middle of the W pattern. Not sure, so I'll wait for post NFP and have a ...

Strat's Long Term Stress Free Trading

EurUsd thoughts....

Strat's Long Term Stress Free Trading

LOL...just prepped this chart too! Like I said in the chart, may be better to let the market show it's hand first....but one to watch.

Strat's Long Term Stress Free Trading

Thanks Strat - I've never followed this pair for some reason as I think I may have been burnt in the past and just got rid of it!!

Strat's Long Term Stress Free Trading

I was sent this by a friend - struck a cord (ignore #2 as it's releated to a 5min system that we don't trade) but the rest is true - just posted similar on my Blog funnily enough! (It's from another thread here on FF) Trading doesn't have to be any ...

Strat's Long Term Stress Free Trading

Hello and welcome to the thread! I use the 'weekly worms' on my daily charts but I do admit it can be destracting at times. I'm toying with the idea of a double screen approach on my MT4 and limiting down to 8 pairs. Not fully decided on the 8 forex ...

Strat's Long Term Stress Free Trading