Interesting - a saw that one differently. That inability to close under 1.47 prompted my long. Maybe we can both make some on this one. That's an important statement to be okay about being wrong. Funny how only the experienced and profitable traders ...

Strat's Long Term Stress Free Trading

Ahhh, do we have a mixed opinion? You did not long E/USD? May be worth some discussion.

Strat's Long Term Stress Free Trading

Those who like chart formations may wish to admire USDJPY's daily style.

Strat's Long Term Stress Free Trading

Are you kidding? That was a rhetorical question for our viewers! (You knew that already, didn't you? Indeed, Trick or Treat)

Strat's Long Term Stress Free Trading

Took a bit of a long weekend - quick and dirty is that I am back in EURJPY and USDJPY. Am about to buy some E/D as well. Feel free to tell me why.

Strat's Long Term Stress Free Trading

LOL - When I said I expected volitility -- that was an observation, not a request! So nice of EURUSD to close right on the high from last December. What a gift to kick off the Holiday season. HO HO HO

Strat's Long Term Stress Free Trading

Indeed, today is a day to take a long term view to keep one's perspective! A little extra equity doesn't hurt either

Strat's Long Term Stress Free Trading

Once again......From Oct 26 -- http://www.forexfactory.com/showpost...postcount=6831) So - the question becomes: Are you prepared to buy now?....Have you bought already? Are you waiting for the close?

Strat's Long Term Stress Free Trading

Seems to be doing you just fine. I do see a subtle pattern of HL's on that weekly though. The extent of the pullback surprises me a bit, but perhaps you are right that it has momentum from the range players - the breakout if it ever comes could be ...

Strat's Long Term Stress Free Trading

No doubt.....I might bite back anyway! Too much on my mind at the moment anyway....my gut tells me we should be higher EUR-based by the US session, but the PA does not support me yet. USDCHF does appear to be waffling though, so I may be active in ...

Strat's Long Term Stress Free Trading

Agreed. I might add that E/J is doing the classic thing of overshooting relative to USDJPY. Some of that reflects EUR correction in general, but that kind of action often makes it the prefered countertrend entry, even if predisposed the other ...

Strat's Long Term Stress Free Trading

Maybe it's data dependent to an extent - I have a three pip differential between open and close on that bar with a long downward wick and a high of 92.27 after 4 up days...but in any event, the R point was respected to the utmost degree - a ...

Strat's Long Term Stress Free Trading

That bar stopped dead in the water at 92.15 -- the long term resistance point. That's enough PA for anyone! Granted, I am looking at support levels and predisposed long in that market.....but remember my comment from that little USDJPY exercise: ...

Strat's Long Term Stress Free Trading

A word to the prepared mind on E/J in light of our late-arriving guests, especially for those looking for a run to the bottom edge of the range - it is sitting on day three of a possible corection (in my view, given the longer term patterns) and at ...

Strat's Long Term Stress Free Trading

Oh God......that is the best buy signal I have seen lately! A "safe pip" indeed! So you are selling a few hundred lots then? The 26th was the technical trade short entry point. We marked it on the thread, so many times...both USDJPY and EURJPY. If ...

Strat's Long Term Stress Free Trading

LOL - still long under the TL....we'll see. A minor daily double bottom is in and profitable, but nothing long term is certain yet. Once again the technical short is in play, as expected.

Strat's Long Term Stress Free Trading

Indeed..quite magnanimous of you! We are at one of the big fat lines - for those of us who are viewing this as a pause. The close will interest me.

Strat's Long Term Stress Free Trading

Really, now?

Strat's Long Term Stress Free Trading

Indeed

Strat's Long Term Stress Free Trading

Touche - I am looking at the lower teeth too, though. One needs a full set to chew up this beast. It's not just rice, you know! Hint - One can see them better if the mouth is open wider. (No, Strat, that doesn't mean what you think it does, either)

Strat's Long Term Stress Free Trading