Why should we trade with trend? — As you can see from the chart, the trend is definitely up and it took 6 days to drop only 157 pips from 0.9800 major SR but only 3 days to climb 215 pips and broke the major SR.

Strat's Long Term Stress Free Trading

One reason of the recent divergence may be the company profits which are being announced. Other than this, I don't see one leading the other. Re. DSRIs, again my priority is SR and HH-HL/LL-LH to determine the trend and then comes DSRI.

Strat's Long Term Stress Free Trading

It becomes old when price does not respect it anymore. But this issue is really subjective, it may be old for me but not for someone else. I am using confirmed swings to determine supply/demand points. And when saying confirmed swings, I mean, if ...

Strat's Long Term Stress Free Trading

Confluence means a place where things merge. When you apply this definition to a chart, that means a price level where SR, fibo, DSRI, PA or some other technical tools point the same resistance or support where we try to open our positions. The more ...

Strat's Long Term Stress Free Trading

And now all you need to do is to trade from one SR to another, but first in trend direction. Hasn't Strat told everyone trading was easy?

Strat's Long Term Stress Free Trading

I am a serious trader - lol.

Strat's Long Term Stress Free Trading

I can tell you why you shouldn't, at least at current level.

Strat's Long Term Stress Free Trading

GBPUSD — Still respecting the blue DSRI line and still trying to recover from Oct. 21st knock-out. A decisive breakout of immediate SR at 1.6600 (IF) will determine the fate of all GBP crosses.

Strat's Long Term Stress Free Trading

October bar on Big Boss chart whispers it will. Only problem is the immediate SR line.

Strat's Long Term Stress Free Trading

The strong up-move on the first green arrow does not allow SR test, even on H4. You could only take that trade if you are trading breakouts, but BOs are not the subject of this thread, so we'll leave that out for now. The second and third green ...

Strat's Long Term Stress Free Trading

Because... attached. Although we don't have that much history around these levels, look at all the arrows around 1.4880, and especially the green arrows and see how price reacts when breakout took place (down or up) at 1.4880. Hope this helps.

Strat's Long Term Stress Free Trading

Those three SR lines on your chart are correct and they are majors. Keep them on your chart always.

Strat's Long Term Stress Free Trading

25 basis points already in price. We'll see big moves either way if it increases 50 or no increases at all.

Strat's Long Term Stress Free Trading

Same here. All I need to know is my SR levels, then I check trade opportunities on the Worker (sometimes H4 for majors) and if I see one, I check the Boss.

Strat's Long Term Stress Free Trading

I have been using IBFX for a long time and had no problem at all with their candles.

Strat's Long Term Stress Free Trading

And this is how I see it. Daily is from IBFX and weekly has no Sunday bar from another data vendor for Metastock. Since Sunday bars stretch the chart, they make difference on daily. I also see DSRI was broken and I need to see the price above 1.4880 ...

Strat's Long Term Stress Free Trading

Considering the number of orange SRs on my chart, there are not many major SRs meaning "caution" when trading this pair.

Strat's Long Term Stress Free Trading

Yes to both questions. I drop down to daily and fine tune them.

Strat's Long Term Stress Free Trading

Since current levels do not have sufficient history, MY SR levels are at 1.4800 and 1.4880, so you can think of it as a thick band. Both are minor, still, but 1.4880 is more major. Even if long term DSRI is broken, unless 1.4477 is penetrated, don't ...

Strat's Long Term Stress Free Trading

Major - Obvious on Weekly, tested and respected continuously in different times Minor - Mostly recent ones, you can also identify minor ones on weekly or daily, but if they are not obvious on daily, I prefer not to use them to keep the charts clean. ...

Strat's Long Term Stress Free Trading