- Search Energy EXCH
-
Grimweasel replied May 29, 2009Hi MPP, Not trying to steal your thunder at all! You were the one that alerted me to that pair in the first place so cheers for that old chap. I'm just offering my 2pennies worth near the months end. Let's see what June brings us!
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 29, 2009Hey Graig, Looking at the chart we can see a H&S pattern. Quite often there will be a load of orders around the neckline to sell. Traders know this and a stop hunt often ensues where the MMs etc will gun for those orders. Quite a few time the ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 28, 2009euraud looks interesting. 1. Big boss showing downward momentum but up trend line still intact. 2. Boss has some interesting PA around the 61% Fib swing low to high from the big boss. Hammer week before but not really hanging into free space and ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 27, 2009Now, I know we have 2 days to go before the end of the month, but the FTSE 1000 Futures could provide some action. I've been watching the ascending TL from the monthly (Big Boss) chart that has been broken. PA has retraced back into that TL and ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 27, 2009Hi Pmn I don't like the look of the gbpchf chart. This is only my opinion but I don't think we have seen the bottom. Have a look at some confirmed bottoms on some other chart (forex/shares) and you'll see it rare that most bottoms are put in without ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 18, 2009Thanks Strat - not a dig by any means - just curious - check PM btw. I'm off to Bonnie Scotland this week - Isle of Mull for wildlife watching with Zero-alpha so I'll have no comms - have a great week and I look fwd to catching up on Sun eve. Good ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 18, 2009Hi Strat - seems your Sun bars are worth a lot more than our UK ones that don't have the benefit of the Asian session. My only query would be why you would take so many closely correlated trades? Do you ever forgo a trade on a pair and load up on ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 15, 2009There is a way, I've been doing it for a while but if we post it here then IG may get to know about it and then pull the ability - so if you need to know PM us -or look at your ticket as if you were gonna close the trade and you should be able to ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 15, 2009Hi Gang, as soon as I dragged up my euraud chart I was horrified at what that SStar would be trading into. Yes, there is downward momentum but most importantly you'd be trading into a large hammer on 7 May that bounced off the 61% Fib level from the ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 14, 2009Excellent stuff BabaG - can I add a 2nd verse? Oooo, them small emerging markets, they rode the wave of greed, and when the west went bust again, they fell down to the weeds, so then the gold went up, and then the bond yields sank, and in the ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 14, 2009KillPhil - Welcome aboard old chap! Thanks BabaG - Yes, I got out of kiwi short for a small loss as I made an error by moving the stop to the high of the IB which was hunted out
Morale of story - cover the full stop distance as per the plan - no ...Strat's Long Term Stress Free Trading
-
Grimweasel replied May 14, 2009Hey Baba G! How are you? - Your musings have reverted to plausible English - I used to enjoy having to run your posts thru my Enigma machine for deciphering!! He he! Hope you are well, and watching the markets, waiting for the ace to be dealt!
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 14, 2009Thanks Strat - I've gone back to basics again like you have said. I was never comfortable in the 'other place' as the Heiken Ashe candles hid the PA in my view - it was like an cop out, hiding the true action; and as for the 15m stress inducing TF - ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 13, 2009True Swami - but forex is a zero-sum game so on the opposite side of every short is a long! Depends if you are shorting the right side of the pair and your analysis and PASR recognition is correct - which in my case looks to be on poor form.
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 13, 2009Looked back over some trading notes over the past few days and what I managed to glean from them is that I have some sort of psychological issue in that I have an inability to trade with the trend. What seems like a simple process for me is actually ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 12, 2009Thanks Strat - means a lot - back to school for this callsign.
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 12, 2009Strat, I had a long think about my past 2 errors on the drive into to work this morning and I must apologise for them. Having re-read my post on the errant indicator it does come across as smart-arse. This was not my intention; often I don't ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 12, 2009Hi Strat, Thanks for the post. I can promise you that I'm not hiding any indicators. I have even deleted them all from my experts/indicator folder on MT4. That indicator in question I was not sure about as I had not used it and wondered if it was ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 11, 2009Hey BabaG!! Not bad thanks man! Howz tings with u?? All well I hope? Well, I have an order in as I'm comfortable with the potential loss of 130 pips. I would like to see a break of the monthly 20ema just below too. Dow is looking toppy? Is that a ...
Strat's Long Term Stress Free Trading
-
Grimweasel replied May 11, 2009Dan Yeah seen on the weekly; almost double hammer action. These are often retested and I have the level (and BE on those weekly hammers) at 5727 and the risk on daily as 128 pips to poss reward of 271 so RR of 2/1- may not fit some risk profiles as ...
Strat's Long Term Stress Free Trading