Thanks Blackeagle - The intermediate trend is defo Up, I was alluding to the major down DSRI that you showed on the chart and what poss 'action' we could see around such a long trem TL. I would imagine a test of the .87 level where the SR meets the ...

Strat's Long Term Stress Free Trading

LOL - Me too - I have often thought exactly the same!

Strat's Long Term Stress Free Trading

Looks like the trend would continue? There is nothing there on that chart to make one consider any thing other than short? No bottom forming or being put in and no major DRSI breaks North or tests and all PA below nice 45 degree down sloping MAs

Strat's Long Term Stress Free Trading

The 'new' trend Blackie? Look's like we may have a DSRI switch from R to S? I would like to see the .9350 last high of the previous down trend broken before considering long?

Strat's Long Term Stress Free Trading

Don't forget, it's the wretched NFP 'rinsing and wide spreads n spikes' day tomorrow! May be an idea to close stop tight this eve on USD denominated pairs or even close positions.

Strat's Long Term Stress Free Trading

LOL - yeah slow time of year currently in my role so I have a quick check of the internet when I can (no charting etc as most sites are blocked by the firewall!!) Interesting article on The Kirk Report about sticking with the trend. (It's the ...

Strat's Long Term Stress Free Trading

So, has the short term trend on Cable reversed and it is now back with the major underlying trend? How fickle the market can be - a spot of news (nothing that great) and Cable starts to rally again. Now, could the major players have already known ...

Strat's Long Term Stress Free Trading

PM?? Our current 'red' one is due to expire very soon for a 'blue' one(hopefully!) LOL

Strat's Long Term Stress Free Trading

Sian, I have a BEEB on my feed - there is no action to get me long or short tonight. PA is trapped between two SR levels and neither offer ME a great trade. We are also at the 61% retrace from the high to low on the boss. I would look for a better ...

Strat's Long Term Stress Free Trading

Still not sure about last night's Asian moves and the subsequent moves after that. The banks being global may have took advantage of the Asian session to move markets over night (as they pass the 'book' from time zone to time zone) and trap people ...

Strat's Long Term Stress Free Trading

Eurgbp at 2230 UK time....

Strat's Long Term Stress Free Trading

Golfer - thanks for the reply. I think my view differs from yours somewhat - I think it all comes down to knowing yourself. Like Steenbarger said in his book 'The Daily Trading Coach' : "'you can't live one way and trade another' it’s hard to ...

Strat's Long Term Stress Free Trading

Hi Chris - my comment would be not even to look at the charts during the day. My trading plan adheres to trading the daily only and my bars switch over at 2200 UK time. I place my odrers after this and then don't even look at the charts until 2200 ...

Strat's Long Term Stress Free Trading

Sorry Alter - I thought you meant that first one back in Dec 08! That one you mention is really a with-trend entry if you apply the Rule-of-4 as you have already had a High, a Low, a Lower High and a Lower Low.

Strat's Long Term Stress Free Trading

Alter - that Shooting Star is a gift from heaven. You could also argue, loosely, that it was a with-trend entry based on the previous lower high (albeit by a few pips). It was a triple top and a Higher High after a TL break. Looking at it in ...

Strat's Long Term Stress Free Trading

LOL - I'm listening and reading Strat - more than ever before I now realize that 5% of the business is the entry method. The other 95% is the Psychology. Since starting on this path I know I have become a better person as I've read quite a few ...

Strat's Long Term Stress Free Trading

Thanks Strat - a song for my star sign too!! The Water Carrier. Now, is anyone on fire? (Light my Fire - The Doors) I must confess I switch off whenever I see any of that astrological cr@p. Too grounded - I guess for the same reasons I hate Si-Fi ...

Strat's Long Term Stress Free Trading

Very true mate, but Israel will not give two hoots. This is just the thing to end a stock rally tho and something to be aware of should you be long usd, short oil and gold. In truth the US and UK would fight a proxy-war thru Israel. Meanwhile back ...

Strat's Long Term Stress Free Trading

Iran...... Now I know one should never consider the news / funnymentals etc but one thing worth keeping an eye on is the nuclear situation in Iran. They have now admitted to a second advanced uranium enrichment plant. This could spook the markets on ...

Strat's Long Term Stress Free Trading

Well said Dan da Man - I'm not 'dissing' Excel at all, just some people like to see things in pictures and MT4 does this easily for new traders - keeps you concentrating on the PA rather than filling in Excel data all day - that will come as you ...

Strat's Long Term Stress Free Trading