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- GibsonL6 replied Jul 10, 2010
Trendline and DSRI are different — For the purpose of Strat's teachings, these are the definitions as Simpleman indicated. TL - Drawn at the high or low of the candle (at swing high or low) DSRI- Drawn at the close of the candle ( at swing ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 8, 2010
Hi Strat! Thanks for clearing that up. LL, LH, HL and HH should only be identified at confirmed swing high's and low's from what I understood.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 8, 2010
USD CAD — Hi Roger! I am having trouble understanding how you identified the LH on your Big Boss chart. Since the High and Low of the May candle is still intact, it seems that it shoudn't be identified as a LH at this time. I appreciate your ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 6, 2010
Hi Money Maker. Any short positions (IMO) should not be considered at this time. Current price is at major S/R , and anything can happen, but the Boss and Big Boss tell anything but a short . Worker, Boss and Big Boss are more in alignment for a ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 6, 2010
Passions — I dont believe I'm reading this! Strat You are the heartbeat of this thread. NO ONE could ever replace you. I know I'm a newcomer but consider this: This is your passion, much like playing your 59 Stratocaster. We spend a lifetime ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 5, 2010
Golden Opportunity — This guy had a golden opportunity with Strat right at the beginning of the thread and BLEW IT. Now he has 850+ pages to read and UNDERSTAND. This should serve us as a reminder, that only SERIOUS TRADERS, that are ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 1, 2010
Re-energized — Welcome back from holidays Strat ! Maybe your bank account took a HIT..... but that kind of HIT, sure re-energizes the batteries. Looking forward to your analysis. Tom
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 29, 2010
EURGBP — According to my S/R placement of 82.00, if I had opened a short position at 82.50, I would have been trading right into support. This is why I just stayed on the sidelines. I would rather trade short from resistance if PASR gives us ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 29, 2010
Hi Simpleman! When price was at 88.50 back in Apr/14 , I was very much just beginning " The Path of Learning". I would not have been able to recognize PASR back then. I see now, when I made the EURGBP analysis, it was backwards. I should see PASR on ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 29, 2010
Charts — Thank you Simpleman! I will try that.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 28, 2010
Charts — If anybody could tell me how to get my charts to display on the same page,it would be greatly appreciated. Thank you.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 28, 2010
EURGPB — Hello! This is a pair that's been on my radar. The Bosses seems to be telling me something. Big Boss- Making LH and LL. Last few monthly candles have been bearish. Price well below 20. Boss- Making LH and LL. Price broke through .8200 ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 26, 2010
Hi Patrick! I just want to let you know that I pay attention to your posts because they make sense. It is clear to me, that you are understanding Strat's teachings. I always enjoy reading what you have to say. Thanks TL
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 25, 2010
I agree with you also Igmal. Although Big Boss trend is down, June candle is bullish. Boss also shows bullish PA with no sign of letting up. Worker making HH and HL, with PA staying above 20 and 50. I would wait for bearish PA on Boss at the very ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 24, 2010
Thank you for going easy on me! I'm sure Strat would have put me through the meat grinder. Yes I risked too much on that trade. This should be a lesson to me, to not forget the most important part of the trade. I appreciate your comments.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 23, 2010
Hi Patrick! My plan was to let it go to TP profit, but I closed part of position before that. Even though I made profit, I didnt follow my plan. My trade would still be open with a part position if I had followed my plan. That was the point I was ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 23, 2010
Gremlins and Demons — Hello! I would like to point out a USDJPY trade that I opened ( see post 12668). This is an example of not believing in your trade. Had I let the trade run its course, it would have hit my TP and I would have remainder of ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 18, 2010
Hi hcristea! Yes you are right. Big Boss T/L should be at June 07 high. My Boss T/L should probably be there as well. I just figured a more recent unbroken T/L would be more usefull. Thank you for your reply.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 17, 2010
Hi No1Optimist. I've been watching this pair, and just recently opened a short position. Here is my analysys that led up to my decision. Big Boss- Making LL and LH, 20 and 50 both sloping downward indicating to expect lower prices. May candle closed ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jun 7, 2010
Thank you for your reply Craig. I will re-read Blackeagle's S/R post and work on my S/R levels. Also if at least 1/1 RR cannot be achieved when trading from R to S or S to R, are these the type of trades that we should not take at all, or just when ...
Strat's Long Term Stress Free Trading