E/J is an intriguing market, as many think it is a barometer for economic stability and an a reflection of equity prices. If you are trading this beast well, you are a skilled trader. It broke many managers back last year with the economic ...

Strat's Long Term Stress Free Trading

You are dripping with good advice tonight. "Hope" is a sign to exit. And, indeed, one can be right and broke, particularly in the JPY pairs. And, regarding the analysis above.....I would doubt a bull trap here in USDJPY...if one is not an inside bar ...

Strat's Long Term Stress Free Trading

Actually, it was the charts talking

Strat's Long Term Stress Free Trading

90.75 on mine........today's low was....er.....90.72. Retest tonight perhaps for clarity. All we have so far is a pause, save for the nimble scalpers. One can only be bearish USDCHF until the PA slaps us in the face.....uh oh....if it's really that ...

Strat's Long Term Stress Free Trading

LOL - I do that all the time! Seriously, though, I was having a bit of fun but, henestly, from a technical standpoint, that was the trade to my eye..... and it remains so above 1.4450. On another technical note, it is time for the happy exercise in ...

Strat's Long Term Stress Free Trading

Looks like the EURUSD daily chart....at Point 15 currently

Strat's Long Term Stress Free Trading

uh-oh

Strat's Long Term Stress Free Trading

I would add that holding a position is a constant process of evaluation and re-evaluation. For example, I am currently long EURUSD, but I am not wedded to the position yet. Next week will "show us they way" in terms of whether to hold or to ...

Strat's Long Term Stress Free Trading

Nice pickup, my friend. Next week shall show us the way.

Strat's Long Term Stress Free Trading

Indeed, already full, my boy!! From Thanksgiving: "Peronally, I think Japan should follow, and they tend to manipulate in large waves,..." Watch out for selling the news, though. Fortunately, our readers had plenty of warning.

Strat's Long Term Stress Free Trading

Looking at the interrelated markets CHF, EUR, CAD, AUD may be a wise move here. It is always wise to try to make a case opposite one's conclusion. Could one say that perhaps the EUR is telling us something about the legs (or lack thereof) of the AUD ...

Strat's Long Term Stress Free Trading

Well phrased. I disagree with the conclusion, but I respect the analysis. One does have to note the change in relationship between EUR and AUD versus USD. I'm not sure it has reversed, however.

Strat's Long Term Stress Free Trading

Wait for what? Until the move is over so we can view it on the chart? "Probably is not a plan" ?? This is not an endeaver of certainty, but an educated assessment and plan with a safety net in case one is wrong.....aka...a probability.

Strat's Long Term Stress Free Trading

Not to be overlooked, given the implications on supply and demand in relation to the direction of the market. At this time of year, especially, the volume changes often amplify the statements about sentiment and direction.

Strat's Long Term Stress Free Trading

LOL - thou dost quibble with my powers of erudition?

Strat's Long Term Stress Free Trading

Since there seems to be a prediliction with prediction on the thread all of a sudden, let's play the trendline game. Seatbelt comes off at 91.50......... How's that in a thin market? Fortuitously, EURUSD is protecting our equity, playing with a ...

Strat's Long Term Stress Free Trading

Speaking of confluence, that beautiful-looking USDJPY monthly chart gets a nice test next week against the sharp monthly TL and the corresponding static level. Passengers should buckle their seat belts next week.

Strat's Long Term Stress Free Trading

Hmmm----half a cup perhaps! I value the static levels more than the 20....but don't tell Strat. You are right to call attention to the weekly - bull trap or double bottom....hmmmm...be nimble and disassociated, and you will make money on that one. ...

Strat's Long Term Stress Free Trading

Yes, I think yoou have hit on one of the essentials in trading this type of method. Is that a huge bearish signal to start a new wave downward after a failed attempt at new highs or is is simply a consolidative candle that has stopped at an ...

Strat's Long Term Stress Free Trading

Good to generate some ideas. I'm looking at the monthly USDCHF and the inability to rise above last year's levels at this time (1.0370). It makes for a very low risk entry. Corresponsingly, EURUSD has fallen further to a second level of support, but ...

Strat's Long Term Stress Free Trading