Back on the train Chaos....hmmmm...there is no one here now!

james16 Chart Thread

LOL - Hold on there...someone seems to be in buying - this may be the PA I've been waiting for...ugly, but perhaps worth the R/R as there is a line in the sand now.

Strat's Long Term Stress Free Trading

Speaking of shampoo, I am not convinced to rinse out my longs above E/D 1.37, but rather, would use supportive PA to repeat.

Strat's Long Term Stress Free Trading

Indeed, this one is a test of wills, waiting sice February for a major move. It may be worth an academic debate of fundamentals, but to pay the rent I remain short term bullish above 97 and longer term above 94, buying supportive PA in spite of the ...

Strat's Long Term Stress Free Trading

Indeed.....there is room on the train to sit now, right Chaos!?

james16 Chart Thread

Eyes on USDCHF 1.0850 for PA direction

james16 Chart Thread

Yes, there appears, however, to be a throng gathering at 137 to exit the train. The conductor may have to free up some baggage room before ascending to the next destination.

james16 Chart Thread

Chaos, LOL - Indeed, this may be our next train, although it seems I am on the other track.

james16 Chart Thread

Agreed For the moment, it is drifting with E/D; let's see if U/J will give it a nudge. Nice areas in here EURUSD and USDCHF

james16 Chart Thread

LOL - Consolidation?........or Reversal?

james16 Chart Thread

Just how important is 137 to EURJPY? It's a lesson in trading and patience indeed!

james16 Chart Thread

E/D picked a nice spot to reverse the modest downward action off of the weekly pattern. The current area looks well supported to my eye, and I will be looking from the long side next week. A break of the weekly low is a nice R/R point to confirm or ...

Strat's Long Term Stress Free Trading

I have no conflict re: my bullish view of dollar-yen versus a continued overall sense of dollar bearishness. I see it simply as a reversal of risk aversion flows. A look at the M/W/D and, yes, even the 4-hour USDJPY chart is revealing. EURJPY is ...

Strat's Long Term Stress Free Trading

Actually my beilief is that the currency flows predict the indexes.

Strat's Long Term Stress Free Trading

Indeed, I agree with this. My sentiments began as a fundamental view as risk aversion ebbed; the technical flows have been progressively supportive. The real tests are at hand, however, as the technical levels are now tested. I have the advantage of ...

Strat's Long Term Stress Free Trading

I'm a bull there as well from the weekly on down. One has to respect that bottom on the weekly and the likely new daily highs pending. The weekly 50 followed by 184 seems prudent. One has to fight off those brewing divergences, though. Eyes at the ...

james16 Chart Thread

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james16 Chart Thread

I feel the burn even looking at that chart ... especially for a short play.

james16 Chart Thread

Agreed...it's a target purely off of the weekly bottom. LOL - We'll check it in 2 months, eh!

Strat's Long Term Stress Free Trading

I continued to be rather enamoured of E/J. The resistance obviously is quite extensive/ominous if one looks intra-day actually; however, the daily is more supportive and I do see that resistance as a potential reward if pierced. I can make a case ...

Strat's Long Term Stress Free Trading