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- Blackeagle replied Jan 20, 2010
Trend is down on EURUSD and 1.4000 is a minor SR, IMO. Major one is at 1.3700.
Trend Trading All Pairs
- Blackeagle replied Jan 20, 2010
Hi Custos, You can read Strat's and my posts re. how to draw SRs on this thread. url I believe you'll find it very informative.
Trend Trading All Pairs
- Blackeagle replied Jan 20, 2010
That channel is not a valid one (too much violation), and this currency is moving sideways since June' 08. All you can do is to trade the range if wide enough but not the subject of this thread (see my previous posts re. EJ range trade). I am ...
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 20, 2010
They are both safe haven currencies, but especially since the financial crisis started, whenever risk aversion increased dramatically, USDJPY depreciated heavily on those days. So, USDJPY is affected depending on the degree of risk aversion, IMO.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 19, 2010
It seems you are using highs/lows for determining SR levels whereas I use weekly and daily closes to find major SRs, and, IMO, 90.30 was a major one since Sept. 09. Anyway, everyone has different SRs. Just my two cents. Thanks for sharing your ...
Trend Trading All Pairs
- Blackeagle replied Jan 19, 2010
Please see my chart above (I have attached later on after posting) re. major SR on USDJPY. That is the main reason sellers are reluctant, at the moment.
Trend Trading All Pairs
- Blackeagle replied Jan 18, 2010
Since Sell line is at 90.62 and close to 90.50 RN, it is logical to move Sell trigger just below 90.50, I agree. The problem with this short is that we have major SR at 90.30. So it is safer not to sell against a major SR.
Trend Trading All Pairs
- Blackeagle replied Jan 18, 2010
Channel is not that clear, IMO, especially the upper line. I believe the triangle was much better setup with clear 123.
Trend Trading All Pairs
- Blackeagle replied Jan 18, 2010
GBPJPY — I already am. We are nearing to a crossroad.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 18, 2010
This is my interpretation on daily. After breaking Dec 4th high, we can say that the trend has reversed based on a full cycle (HL-HH), but breaking of Jan 4th low indicated a half cycle (LL only) which can be a signal to return to downtrend. To ...
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 18, 2010
EURCAD — And another one. We'll see if buyers are strong enough.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 18, 2010
GBPUSD — Another one worth watching. Nice, tradable distances between SR lines. ps. sorry for black background, I have a problem with my other software, atm.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 18, 2010
Is the Train leaving the station? — Worth watching, IMO.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 8, 2010
Currencies with higher interest rates!!!!
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 6, 2010
Or maybe another BabaG is borning!!!! Lol.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jan 4, 2010
The problem with MIG is they have 90 days free trial period for demo accounts.
Trend Trading All Pairs
- Blackeagle replied Jan 2, 2010
You took it because you didn't look at the bigger picture (or wrongly analysed). If you had checked Oct. 21st bar and compared it with Sep. 30th bar, you would have got the first warning re. trend change and passed this trade. Before starting to ...
Strat's Long Term Stress Free Trading
- Blackeagle replied Dec 23, 2009
I wish everyone a great Holiday Season and a healthy and prosperous New Year. All the best. Blackeagle
Strat's Long Term Stress Free Trading
- Blackeagle replied Dec 23, 2009
I still see uptrend is valid on AUDCHF. Look at your Boss chart.
Strat's Long Term Stress Free Trading