I guess this shows equilibrium at SR Strat. Either side of the market is battling it out for supremacy but it will show it's hand soon enough!

Strat's Long Term Stress Free Trading

Now of course I could be wrong as I'm fairly new to all this but I would be looking to get short gbpyen on the next rally up with good bearish PASR at the top. The reason being we have had a significant TL break, then a strong rally back up to a ...

Strat's Long Term Stress Free Trading

Cable showed a great example of 'Barb Wire' today and why it's never wise to trade when PA is displayed as such. A doji is effectively a one bar trading range and it's never wise to trade a BO from a trading range. Best to sit this out and wait for ...

Strat's Long Term Stress Free Trading

Yeah Nice one Naws - I did question Strat on the same as I was thinking that was odd? I read and re-read it and thought I was missing something and gave up after a hard afternoon of F12'ing my way thru some charts!

Strat's Long Term Stress Free Trading

[/I][/COLOR]"" But these are what you are dreaming about every night, Danny boy, - TL breaks and TL tests![/QUOTE] Ha ha! Thanks Strat - sorry to keep batting on about TL breaks etc. It's only this week that I've really bothered to study them ...

Strat's Long Term Stress Free Trading

Only learnt this weekend that inverse hammers and hanging men at the extremes of moves are a good indication of short/long covering. Possible way of showing that people are taking profits - not a signal in itself but the warning a top/bottom may be ...

Strat's Long Term Stress Free Trading

Does History repeat its self or is the current bottom already in?? Look at the charts above and see if anything looks similar? Edwards and Magee first wrote about this stuff back in the 20/30's! And, major players are still using this today - ...

Strat's Long Term Stress Free Trading

Just a few more charts helping you and me to understand the power of the basics. DSRI lines, HLs, LLs, etc. Top chart is Eurusd and bottom chart is FTSE Fut both worker charts.

Strat's Long Term Stress Free Trading

No idea mate - it works fine for me? Try Google Chrome - I much prefer it it IE 8 or whatever carnation of browser Microsoft is on these days!!

Strat's Long Term Stress Free Trading

Hi Oblo, I won't post anything here about IBs as I know Strat would not like me to do so. They are much more difficult to trade and are really 'pause' bars that have to be taken in the context of those around them. I'd stick with the basic reversal ...

Strat's Long Term Stress Free Trading

I just thought I'd share with you this weekend some of the stuff I have learnt over the past couple of weeks with regard to trend trading and counter trend trading. When I started out (4yrs ago) I was trading blind just looking for a chart was that ...

Strat's Long Term Stress Free Trading

Nice read Craig. Here's my daily chart too. We do have to be a little careful though as the market is in 'Barb Wire' where we have 3 or more overlapping bars, 1 of which is a doji. (2 in this case). The bulls have defended the boss 20ema, the rising ...

Strat's Long Term Stress Free Trading

Thanks Strat; I'm only touching the surface though and I'm really finding this PASR fascinating. It's like decoding the German U-Boat transmissions in WW2!! (just with a lot more time and limited brain power!!), but once you start to 'see' the price ...

Strat's Long Term Stress Free Trading

Strat, My take on cable:

Strat's Long Term Stress Free Trading

Strat, All very true and I realise that now too. Weird how every now and then we think we need to see what's going on in the 'bowels' of the trading game. I thought I'd post that here just a warning to others. Like you said, you are here to help and ...

Strat's Long Term Stress Free Trading

Strat, et al, I have to confess to being bad today. I had a dabble on the 15m TF to try and learn some PASR as I'm at home currently. See the chart. It was obvious that cable would bounce after this double bottom, but I was convinced that I 'knew' ...

Strat's Long Term Stress Free Trading

See chart. Like I said, IBs are for the traders that have been doing this for a while. It's the PASR that repeats time and time again. This is why you should all study Edwards and Magee's classic book that many traders still, to this day, consider ...

Strat's Long Term Stress Free Trading

Interesting support and resistance swapping over on usdyen with each leg down. Could we see this target 97.00 before falling away? PA is getting squeezed between some big levels and a huge wedge, coiling like a spring. I'd say we are still in short ...

Strat's Long Term Stress Free Trading

Something else to keep an eye on... Natgas - Been in a major downtrend for some time. The major TL down has been broken and we have revisited the lows from that TL BO hammer back in Apr. The MAs have levelled out and and we are now running into the ...

Strat's Long Term Stress Free Trading

After the above, now look at the Dow Jones. We had a significant TL break but where is the test of that BO's extreme?? I think we will see that action develop in the area of the shaded circle. Here we have the target from the V bottom pattern ...

Strat's Long Term Stress Free Trading