Back from Holiday (yes - again) to see that the BOJ came to its senses. The weekly EURUSD is a bit ugly, but I have reset longs in that arena and those related to it until appropriate levels are taken out. E/J is of particular continued interest.

Strat's Long Term Stress Free Trading

That's what one wears when the market breaks out of consolidation.

Strat's Long Term Stress Free Trading

I don't think you are going to see that, nice as it sounds. Always good to take some off the table, but one has to look at the context. You might get at shot at a quick E/USD 1.43 re-test, but I would be surprised if things lingered. It's either a ...

Strat's Long Term Stress Free Trading

Indeed, my balloon (or my deep sea dive in the case of USDCHF) are on their respective journeys, but those patterns you mention give pause. One needs to see confirmation, as you know, from those respective patterns before accepting them. For the ...

Strat's Long Term Stress Free Trading

That is the chart of the week. I say it's up, up, and away in my beautiful balloon, but that 1.43 level needs to burn baby burn or else we are looking away Dixieland.

Strat's Long Term Stress Free Trading

You know what - that is a great point. I was looking at that incongruous action in EUR and CHF hard as well. If fact, I thought about posting about the EURUSD and especially the AUDUSD strength which were both well ahead of the USDCHF falloff. It ...

Strat's Long Term Stress Free Trading

If one doesn't look at R/R, one is doomed to fairure over the long term. There are times when the market may reverse unexpectedly through intervention, news, etc. or simply one's own error or fatigue. Many small wins against a major loss is ...

james16 Chart Thread

Maybe not, but that setup yesterday on USDCHF was about as good as it gets.

Strat's Long Term Stress Free Trading

Watch out or I may have to rename this thread Shaaf instead of Strat! Interesting stuff. I do know the cycles idea is used as a background tracer of sorts by some in the banking group. Reliability and predictability seem to be the challenges, as you ...

Strat's Long Term Stress Free Trading

Unless we are now in Wave 3.

Strat's Long Term Stress Free Trading

Once again I will take your other half. The "created PB" against a weekly/monthly push higher is too much to risk a short term ripple for me. I prefer the wave.

james16 Chart Thread

Ahhhh...USDCHF...that is a pretty bar in 9 minutes

james16 Chart Thread

Strat, LOL - Thanks for the floor. Always nice to get an easy question (not!). I see 93.50 as the short term key to the USDJPY outlook and will be long (I got you babe!) above that level. Given that I have an underlying bullish funnymental view, I ...

Strat's Long Term Stress Free Trading

Strat, Too funny! Man's best invention - fire; man's worst iinvention - the short term chart. They both will burn you up.

Strat's Long Term Stress Free Trading

LOL - Indeed, it was quite obvious that JPY traders thought the world had ended with my departure. Fortunately, they regained their senses.

Strat's Long Term Stress Free Trading

Back from Holiday I have chosen to post here, and I find myself with exactly the same positions (and bias) as before my leave, despite the initial pullbacks earlier in the month. Given the history, one would expect trend traders to be rewarded after ...

Strat's Long Term Stress Free Trading

Rac? Enough PA for you in here?

james16 Chart Thread

Aussie at minor resistance; EUR a bit better defined below 1.40 as you show above. LOL - Now it's my turn to tell the market it was off base! Perhaps USDCHF has a better view, failing 1.09 again. Anyway, 1.4 should be a battleground.

james16 Chart Thread

Indeed...it makes a market....I'm still relegated by an intact D/W trendline (under the lows) and weekly support. We will clash at some point, but for now, there is room for us both.

james16 Chart Thread

Looking at it closer, that 60 area is about at the 50 Fibo of the recent upswing - I believe that is his M.O. I was looking more directly at PA off of the support, along with the intermarket analysis.

james16 Chart Thread