Thanks Nic - I guess that is a good way of staying out of sideways markets too. Just look for trending pairs (as your gbpaud shows) I've been told on many occasions to become a master of one market but I firmly believe this counts more for day ...

Strat's Long Term Stress Free Trading

Thanks Master - do you recommend following gold and oil for a $ steer or am I thinking of old 15min dark, dark days??

Strat's Long Term Stress Free Trading

NZDUSD take 2 — Strat, All, Please see attached (PSA) My thought at the time on kiwi-buck. I note you had a 'confirmation' bar - can you explain why your entry was not at the high of the hammer Strat - were you unsure and awaited confirmation ...

Strat's Long Term Stress Free Trading

Nice chart Nic - not one that I follow I must confess. It seems too distant for me and too 'time-zonal' for me to deal with. Did we ever come up with a country specific 'ideal' beginner's Forex portfolio? I've changed the pairs I follow on so many ...

Strat's Long Term Stress Free Trading

Great analogy Strat - exactly what I meant but explained 100% better. Markets fall with greater momentum than they do on the way up - simples!

Strat's Long Term Stress Free Trading

Thanks Strat. You'd think it would be dead easy with my background??!! (Discipline that is) Hence why I passed on AD's reading offer.

Strat's Long Term Stress Free Trading

Hi Aston, I see you are back? You been on summer hols? Can't say that I have read her stuff? I'm under 'orders' currently not to read any more books/papers/news etc as I keep complicating things with 'thinking' I know what will happen next or why an ...

Strat's Long Term Stress Free Trading

With patterns etc close to a pattern or candle formation can be close enough. I have seen many 'perfect' hammers fail and many not so perfect hammers go on to trigger large runs. I think you must concentrate on WHERE the candle forms and WHY. A ...

Strat's Long Term Stress Free Trading

Long gold anyone?? — See chart for analysis - comments welcome of course. Ignore second arrow on TL breaks it should point left to the break of the orange line. Sorry. As Dr Joe said, keeps going up till it starts going down. Just wary of long ...

Strat's Long Term Stress Free Trading

This is a big level and tantamount to a news release like NFPs. I would trade carefully before jumping in at this level. We are in the gold buying season (Indian weddings amongst other drivers) but I will be waiting for a good strong penetration of ...

Strat's Long Term Stress Free Trading

Amazing - these people trade off waves and ABCs with a little divergence from nasty indicators thrown in for good measure!! I love the guy who charts 'divergence sure to come' LOL Like there are any certainties in this business?? He needs to read ...

Strat's Long Term Stress Free Trading

Good example of a bottom and trend change. This is the kind of thing that I'm working on getting the skills and patience to trade. It stops me trying to pick tops and bottoms on the strength of a single candle pattern (as in Al Brook's Book) Why is ...

Strat's Long Term Stress Free Trading

LOL - Nic! You sussed me out! You should be a detective Not aimed at you directly Nic, but I was reading some files I had last night and then when u said u were on holiday (so was I!) it reminded me of that .pdf I had from a few years back. ...

Strat's Long Term Stress Free Trading

LOL Laugh did the weasel!!! He's been feeding off all those 1hr guys on the 15M TF!! BTW Strat, those words above that you commented on are from the same document as the post before - not my words but words by which I firmly believe most traders ...

Strat's Long Term Stress Free Trading

In order to trade successfully you need to take time off. Re-charge the batteries and gain some perspective. I remember my first few years as a stock market player. I would spend all day, night, weekends reading, studying, staring at the charts, ...

Strat's Long Term Stress Free Trading

Some notes from my files that may help some of you..... How can the top traders keep it so cool when the risks are so high? 1) They decided a long time ago to take responsibility and find out what works 2) They have a system that fits them. 3) They ...

Strat's Long Term Stress Free Trading

LOL - Thanks Strat -I have been keeping an eye on it for a reversal only. It looked at if the rot had stopped. There are a couple of big volume spikes too on my other provider that show someone may have stepped in and bought at those 3.200 levels. ...

Strat's Long Term Stress Free Trading

Nat Gas update... (Edit - just read my emails and the Daily Reckoning are now tipping Nat Gas Grrr. Herd will jump on so I will watch for bullish action from those lazy investor lot who survive on 'tip-sheets')

Strat's Long Term Stress Free Trading

I have it as already bouncing off the 8745 SR level on my chart and a minor break back below that juicy down trend line from the weekly levels. 4hr chart shows an ema gap bar and IB with a false BO to the upside. Daily chart has a iii (triple inside ...

Strat's Long Term Stress Free Trading

Courtesy of the Daily Reckoning.com. Interesting chart from 1930!

Strat's Long Term Stress Free Trading