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elitejets replied Aug 7, 2009Cable weekly — My friend Beachtrader pointed this out Weekly candle almost closed ....
Strat's Long Term Stress Free Trading
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elitejets replied Aug 7, 2009I am trying to think of a dignified response. The chart can talk for me
Have a good weekend all.Strat's Long Term Stress Free Trading
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elitejets replied Aug 6, 2009Cable full moon. — Hi Roy and Strat I am looking at cable too ... I have been reading a lot of Gann lately who used astronomy in trading and I also want to thank Swami and BabaG to opening my eyes to go looking for this. Today is BoE rate ...
Strat's Long Term Stress Free Trading
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elitejets replied Aug 2, 2009EURGBP — I used to hate EURGBP but I have to like this setup. I am a seller of rallies here, or a retest of the trendline. Daily and weekly charts attached.
Strat's Long Term Stress Free Trading
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elitejets replied Jul 29, 2009No ... A friend of mine uses them for trading the indices and I put them one chart only to see how they worked ... Anyone who makes money trading the indices lately gets my respect, I have found them tough. Nic
Strat's Long Term Stress Free Trading
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elitejets replied Jul 29, 2009Indices ... Megaphone tops? — The indices look like megaphone tops to me. Here is a description. This is interesting because if this pattern plays out it will be bullish for the USD and Yen. Reverse Symmetrical Triangle (Megaphone Chart ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 29, 2009I agree with everything in this post, I like and trade harami patterns but I see Harami and inside bars as different. Just my 2c Nicola
Strat's Long Term Stress Free Trading
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elitejets replied Jul 29, 2009Definition from Price action by Buffy: Outside Bar, also called a Wide Range or Engulfing Bar, is a bar with a high that is higher than the previous bar and with a low that is lower than the previous bar thereby engulfing the previous bar. Since the ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 29, 2009I trade candles and IB's and I disagree with Zurets definition of an inside bar using candles ... If either of the wicks are outside the previous bar then it is not an inside bar. A true inside bar is the same on a candle and on a OHLC bar. You can ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 28, 2009Sometimes the commodities can give a clue as to direction and certainly the strength of the dollar and they are very correlated at the moment. Like the AUDUSD, NZDUSD, USDCAD the dollar index broke support overnight and then rallied to finish as a ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 25, 2009Yes ... 7th Heaven. 2 inside bars 8th heaven 3 inside bars 9th heaven 4th IB ... Jackpot I'm watching the double bottom in USDCAD closely. First it has to stop going down ... then it has to tell me its going up.
Strat's Long Term Stress Free Trading
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elitejets replied Jul 23, 2009The daily closes have some pretty neat price action tonight on some pairs with really good tails. Some look just like cable did on 30June right before it collapsed. I'm shorting EURUSD & NZDUSD but take a look yourself and see if you like them, the ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 23, 2009Remember the 30June when cable broke up out of its range. What a massive head fake that was and look at what happened afterwards. Thats why the conservative trade is the way Strat says or to let it break and then wait for a retest of the level it ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 23, 2009Chop chop — Everything is being yanked by stocks in the US sessions. The USD/JPY and stocks are the same trade. "Irrational exuberance" is all I can think but bubble is easier to spell. Hang in pizza man. If I got upset every time I lost 1% I ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 22, 2009True, but that trade went to more than 2:1. If you banked half at 1:1 and moved your stop to break even you would still come out having made 1x your risk. They dont work every day ... but the ones that do pay for the losers
The DIBS Method... No Free Lunch continues
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elitejets replied Jul 21, 2009I think the correlation of weak equities / strong yen still holds. I'm too chicken to get into equities at this point, it has to consolidate soon. One of your trades should win ... if your wins are always bigger than your losses ...
Strat's Long Term Stress Free Trading
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elitejets replied Jul 21, 2009Hi Ceva Strat won't be up for a while but this trade looks really good to me and the level you are bouncing off is much stronger than the one you are selling into. I went short last night, I see this going back to test the lows.
Strat's Long Term Stress Free Trading
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elitejets replied Jul 20, 2009Nice trading — Nice trading Stratmeister !! For some reason I traded like an idiot today. No more weekends off for me. Nic
Strat's Long Term Stress Free Trading
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elitejets replied Jul 20, 2009USDCHF — Here is my USDCHF ... you are all welcome to tell me I am doing it wrong! Nicola
ICCE. Bemac's Fib. Reverse Engineered