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Grimweasel replied Apr 28, 2009Cheers Strat - not the best looking bar - the ODL feed closes here at midnight, so our dailys don't fully paint until 0001 UK time. In between me saving that chart and posting the bar had changed again so I'll admit to trying to 2nd guess the bar. I ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 27, 2009Gbpyen - looks tempting but factors add up to tell me not to take it. We have a dly hammer (apres 2200 over here) but the price has held below the dly 50ma and wkly 20ema. I also have it under 2 closely packed fibs from the wkly swing H/L and the ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 26, 2009Hi Y'all, Not much happening for me this week. If my analysis is correct I think we may see $ strength this week. USDCAD may reverse as we have not made a lower low yet. We also have a wkly Hanging man; not a signal in itself but a warning. Having ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 23, 2009Does anyone look at USDZAR? I've been following it for sometime; just looking. To me it looks like the current downtrend is about to stall. PA is looking like heading back up. See attached chart. We have a small penetration of the wkly 50 ma but we ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 23, 2009So, I'm lookig at AUDYEN and thinking that the train may have been on the turntable? (I have never traded this pair) We have hit the SR at 68.30ish and then bounced off, retraced back into the bounce and then put in a BUEB. I take it this would ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 23, 2009Strat, I'm puzzled - why would you 'give-away' these huge hints? I'm fairly new to some of this dedicated PA but on a few of the charts you have said 'go for it guys'. I can't see a compelling reason to trade many of them, but as I said, I don't ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 22, 2009[quote=golfer27;2688288] Thanks for the info Golfer27 - this makes me very happy!!



Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 22, 2009Anyone else noticed the mirror image on usdcad and oil. We have shooting stars inside one another. Oil has Doji's inside one another. Who will win the battle then? If oil goes up then CAD rises against usd, being a commodity currency right? Check ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 20, 2009Hey Nic - nice analysis. I'm with you on the yen pairs - the indices will show the way too. Good thing for me is that I've not traded for 3 days now - a record for me. I feel so much better about trading (or not trading) now I'm sticking to my ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 18, 2009Gold Well, what to do hey?? Summer is usually a rubbish time for gold buying. Oct heralds the start of the Indian buying season (weddings). I have a weekly hammer off the SR level at 858 combined with a boss 50% Fib swing low to high. Note we also ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 18, 2009Strat, Thanks again for an excellent post wrt the trading psychology. I have come to realise exactly what you have mentioned over the past few weeks, that one is cheating one's self when delving into the intraday charts on a daily entry. It takes ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 7, 2009Mark Maber in his book 'Marber on Markets' says there are so many different people playing different rules for gaps that he ignores them and sees them as windows - all windows must be closed at some stage. I've found its often more profitable to ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 5, 2009Naughty Strat - he's trying to trap those 'lurkers' into a rubbish trade as they 'skim' thru the thread taking what they assume to be 'free-lunch' trades! But those of us who have read from the beginning know better!! We only take the best high ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 2, 2009Line chart - Cable - turn PC monitor upside down (daily). What do we see?? I have a H&S pattern. (Reverse with PC the normal way up of course!!!) But, I'm thinking that the MMs/Hedgies/Banks etc will be expecting a break of the neck line so PA may ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Apr 2, 2009Hi Y'all I'm flat until next week. NFPs are a printing press for the brokers, although I do have a news trading strategy that MP1040 taught me over on t2w - but I'll leave that until later on should anyone be interested - just involves PA and SR ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Mar 31, 2009Strat I've still been looking at the gbpyen 2 TLs from last week. I have looked at other pairs showing similar PA over other charts, but you said I was close before? Am I missing something glaringly obvious? To me it looks like falling momentum so ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Mar 31, 2009USDCAD - I was long until yest - but I think usdcad is now looking weak. Hanging man candle today - at 50% fib from high to recent low and at strong level (look how many times it has kissed it before). Some hanging men allow for a tight stop entry ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Mar 31, 2009Hey Dan - very sound methodology. It's something that I have tried too but I find it difficult with my SB firm to set staged targets. (IG). I have an account with CMC too and they are easier to set staged profit targets with, but my funds are ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Mar 31, 2009Harry Potter!!! No boyish looks or glasses here I'm afraid! Grimweasel is a long story, but in short I wanted an 'internet-handle' other than my name for emails and forums etc. Provides one with a necessary 'air of mystique'. It also has historical ...
Strat's Long Term Stress Free Trading
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Grimweasel replied Mar 30, 2009Cable. I'm not so sure about the 'floater'? Look at the Yens? Have they finished going south yet? Could gbpyen drag Cable up? USDCHF looks weak with the dly S/Star so it may point to $ weakness? It may be worth an order above the hammer top and the ...
Strat's Long Term Stress Free Trading