MT4 guys - Another tip I have you all is this: If you use MT4 (FXPro, Alpari etc) for your charting then always, always enter the trade on your demo MT4 platform as you do with your broker. There are a few reasons for this, namely: 1. You can see ...

Strat's Long Term Stress Free Trading

Mate; nice chart. Have a look at eurgbp and then compare that with usdcad. See the similarity? A double bottom with a 'breast' in between the bottoms (curve, hill, mound whatever you want to call it) then a BO above the DSRI - Look what happend when ...

Strat's Long Term Stress Free Trading

Great quote Alexandra - I think the best counter trend shooting star trades are the ones like cable has displayed today - with the new trend. Picking tops and bottoms, I have found to my detriment, is a fools game that only keeps the brokers ...

Strat's Long Term Stress Free Trading

I have a demo trade short on this as it's a good setup. I know correlation is bad too, but oil is trading below the major DSRI now and today's bar was a BEEB, so it could be 'wagging' the dollar despite the $'s funnymental views etc.

Strat's Long Term Stress Free Trading

For those on FXPro don't forget to open the Market watch button and Rt click and press "Show all" - you will need to select the Nov Crude contract as the Oct one has now stopped. Keep an eye on this so you keep up to date charts. You don't need to ...

Strat's Long Term Stress Free Trading

Nic - my view on EurNzd - at a critical juncture maybe? Has the DSRI been broken or will it be tested? The last major UP DSRI is at 1.8665 ish, so we could see it down there. Patience as ever...

Strat's Long Term Stress Free Trading

You included Alexandra

Strat's Long Term Stress Free Trading

For the correlation lovers, latest bank reports show that the historical usdyen / SPX correlation has broken down and that audyen is now the most closely correlated with the SPX. Just for those wishing to trade that pair!

Strat's Long Term Stress Free Trading

Dabestone - I use FXPro for my daily feed as their bars change over at 2200 UK time and that coincides with the NY close - I find it's better to check the charts at 2200-2230 rather than be tired and stay up unitl 0001 and then get up knackered at ...

Strat's Long Term Stress Free Trading

Not one for me - the RR is too poor to cover that S Star's stop distance relative to the support lines below - must only be a 1:1 trade. Plus my feed shows a BEEB right into that combined DSRI line and SR level that I have at 91.01ish. Looks like it ...

Strat's Long Term Stress Free Trading

[ quote=Blackeagle;3080507]And you are doing correct, my friend, especially that wick is touching a major SR.[/quote] Thanks Blackeagle - ref the micro trades too, I completely forgot that you trade the H4 too - I was, as you intimate, thinking ...

Strat's Long Term Stress Free Trading

Thanks Nic - some of the text was lost on the transfer over to FF. Odd; good job I write in word first then post as there was a little more underneath! Thx!

Strat's Long Term Stress Free Trading

Exactly Nic - an old trader over on T2W showed me this a few years back. Say you think the $ will weaken and you have short action on say EurUsd and Cable charts but are unsure which one to short (and the RR is within the bounds of your account): ...

Strat's Long Term Stress Free Trading

Great little trade there Blackeagle - micro TL break of expected RHS of H&S pattern ending in a doji - good for a small RR trade back to the neckline and a great sell of a LH after the peak too. Would you close a full position here of take off a ...

Strat's Long Term Stress Free Trading

Nic - get rid of IE7/8 etc - they are slow and buggy - try Google Chrome - I've been using it for ages now and it's so much better and much quicker!

Strat's Long Term Stress Free Trading

Seeing how strong some of the trends have been on some pairs (nzdusd, usdcad etc) it reminds me of the power of the saying: "You must take every with-trend entry and only trade counter trend once a new trend is established- you will only be wrong ...

Strat's Long Term Stress Free Trading

Thanks Strat - I'm NOT trading this, just using it at a vehicle to help me better understand tops and bottoms due to my past errors in this area. For a long I would, as you say, only be convinced if there was a big TL break then a HH and HL ...

Strat's Long Term Stress Free Trading

Gas update....

Strat's Long Term Stress Free Trading

Welcome to the thread! I'd say that is some sound analysis. This is heading south but when you look at the Big Boss chart and zoom out, the down trend becomes clear with the most recent rally looking like a second big bear flag. Always trade the ...

Strat's Long Term Stress Free Trading

LOL - Boring? Never - more gems here than on that Wikipedia web site thingy and the DeBeers website!!

Strat's Long Term Stress Free Trading