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elitejets replied Mar 20, 2009Yens — I sold some Yens this morning and had some success. Here is USDJPY long which I really liked because it was off the 50% fib and a strong daily resistance level I had marked around 93.35. It puts us back above the 20ma so maybe it could ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 20, 2009I am sworn to silence but it is not how I used to draw trendlines and worth a look, Nic
Strat's Long Term Stress Free Trading
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elitejets replied Mar 20, 2009I like USDCAD, just not expecting it to move very quickly

Strat's Long Term Stress Free Trading
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elitejets replied Mar 20, 2009LOL - But trading CAD I suggest you take a peek now and then. I like the USDCAD long, it is a good looking candle ... but crude going up will hold back the climb of USDCAD. Nic
Strat's Long Term Stress Free Trading
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elitejets replied Mar 19, 2009Lance Please don't go anywhere else anytime soon. Guys like you and Strat (and yes even our warrior Baba G) are exactly the kind of people I want to be learning from
I am still learning and don't have any long or storied trading history to report ...Strat's Long Term Stress Free Trading
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elitejets replied Mar 19, 2009Crude Oil update — US Crude (April and May contracts) and Brent crude have all settled above the very significant $50 level. No sign on the daily charts of a reversal yet either. The US crude May contract poked its head above the weekly 20 MA ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 19, 2009Cable — I know you think your GBPUSD is counter-trend but the trend may be changing. I see a higher low on this daily chart and we have broken up through the trendline. I think we may go up to kiss the weekly 20ma at 1.4700 to 1.4750 maybe. ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009Reddog are you putting in a SR line for every daily or weekly candle close? I just do the ones where the price changed direction ... Nicola PS - I make them pretty faint dotted lines so as not to be distracting too
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009FOMC announcement — Talk about the mother of all overreactions to Mr Benrnanke's announcement. All my charts with a USD in them have gone mad and are hard to read now. Gold took off with oil and the indices. I might have to put FOMC statements ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009Gold — I have to admit I don't trade gold. It ate a lot of my pips when I was learning. But I do watch it and it seems to be breaking out of a channel and a nice head and shoulders on the daily. The neckline has been compromised but it is ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009GBPCHF — I am starting to think there is something to this Fib levels and major support and resistance. A light came on (although at the end of the tunnel), thanks Strat!
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009Baba G, I really like CADJPY long. It has broken up through the weekly 20 (thick red line). I watching for it to drop back down and find support off the thick red line and then move up. My only concern is I am bullish USDCAD (not immediately but in ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 18, 2009Me either, got my head in the clouds today

Strat's Long Term Stress Free Trading
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elitejets replied Mar 17, 2009I use three different colours when I am putting in SR lines. One for the weekly, one for the daily and one for the 4hr (OK guilty on the 4hr thing). Then I know when I look on any chart when it came from. I also faded them a lot and made them dotted ...
Strat's Long Term Stress Free Trading
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elitejets replied Mar 17, 2009Crude — Well my bearish opinion at the beginning of the week was wrong for crude. A good lesson for me that good looking candles trapped in a range don't mean much. Anyhow I have carefully drawn my support / resistance lines and I think this ...
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elitejets replied Mar 17, 2009It was a very weak one but it is also off a support/resistance line on the weekly and also a 50% fib from recent highs and lows, which makes it a bit more desirable to me. Nicola
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elitejets replied Mar 16, 2009CADJPY — Hey Baba G I like your CADJPY for a long because it looks like it is breaking through the BOSS too (the weekly20ema) and not much of a stop required (the other end of the candle the other side of the BOSS 20) Nicola PS Still long ...
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elitejets replied Mar 15, 2009Another Pin (hammer) on GJ but lots of resistance ahead. Im giving it a go anyway. Have a great week Baba G!
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elitejets replied Mar 15, 2009Brent Crude — I stayed out of Crude on Friday because of the Opec meeting today (they meet four times a year to decide production). Today they have announced they are not making any further cuts .. Here is the Brent Crude daily chart, the US ...
Strat's Long Term Stress Free Trading