You're right. It is concerning me. My stance should be neutral but I have a trade open right now. I might have been premature. But, my rule is to never second-guess myself until after a trade closes. I got into trouble micro managing some trades ...

Strat's Long Term Stress Free Trading

Geithner will be speaking again later this morning. I'm going to warn anyone thinking about longing the dollar that this might not be an opportune time. I'm only going to look for opportunities to short it. I know this is mostly a technical thread, ...

Strat's Long Term Stress Free Trading

That's my target as well. I was just wondering about the specificity of your news comment? Or were you just saying that's what you strongly think might happen?

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm counting on it. I'm glad you think so too. I wish I had your level of certainty, though. What led you to this conclusion?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks. I wasn't sure if there was a convention to use your trading method's terminology (i.e. "BOSS") and analysis template. This is your trading method/thread after all. I like the format though. It's very concise.

Strat's Long Term Stress Free Trading

USD/CAD — I just wanted to say that in my short time on this forum so far, this has been one of the better threads I've encountered, in my opinion. A lot of good traders congregate here and it has helped me with pairs I don't normally look at, ...

Strat's Long Term Stress Free Trading

Stop trading against the tide. If it wants to go up, follow it up. Or stay out for a retrace. I'm going to stay out because I'm not a) skilled enough or b) brave enough to fight against a trend or try to enter based solely on momentum.

EURUSD

You bears are braver than I. I gave up trading against this thing 500 pips back. That dip I was looking for never happened. Oh well. **Well, it did happen but it missed my limit for a long, doh.

EURUSD

Stop replying to him. It dilutes the pool of useful analysis. He'll tire himself out eventually.

Cable Update (GBPUSD)

Geithner is talking as we speak.

No Brainer Trades

You also said short at 1.5565. You won a coin flip. Big deal. I wouldn't have opened a trade in either direction. Not with Geithner speech being eminent. It worked out for you. Congrats.

Cable Update (GBPUSD)

So you like the 61.8 line better? I considered it but my thoughts on the fundamentals don't match because at that point, I would seriously have to consider a more bearish scenario. But then again, I don't have problems admitting when I'm wrong.

EURUSD

I'm at work right now so can't post a chart. I had marked 3400 a couple weeks back as a point of interest (I work off 4h and daily charts). 3700 is a major point of resistance. Also, fundamentally, I feel there's still some strength left in the ...

EURUSD

I'm thinking a dip to 3400 followed by a move to 37xx or higher.

EURUSD