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- Alexandra replied May 2, 2010
It's entirely a mater of risk tolerance. Conventional wisdom allows 20-40 pips slippage for a USDJPY S/R stop. I tend to favor weekly and monthly stops, but Strat does not approve of that (wink). Find yourself a nice daily S/R and stick your stop 30 ...
Strat's Long Term Stress Free Trading
- Alexandra replied May 2, 2010
The TL drawn is actually quite astute. T, that is obviously not a Strat-certified trade, but is is a retest of a broken trendline at major support. No one probably remembers, but when the Loonie sold off the chart was similar, but in reverse. ...
Strat's Long Term Stress Free Trading
- Alexandra replied May 1, 2010
That makes a market....all the way from 86. I'd have more faith in that opinion if it were based a bit more on the chart as well as the view on rates, i.e why is the monthly TL wrong? why are the weekly and monthly patterns inaccurate? The daily ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 30, 2010
The steeper the trendline, the less the relevance. They are important to watch, but I consider the static levels to be more important. I, too, am in the bullish camp on this one, as you will see from the thread. It should also be said, especially in ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 29, 2010
At least at the moment, it's good to be down under.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 29, 2010
No discouragement necessary. You are correct: You listen, You are humble. You will succeed. No mantra needed. Just keep learning to spot those monthly turns...no need to rush into them, just time them after they occur. When everyone else sees them, ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 28, 2010
Reading the recent posts about E/J trend, Aussie and the Euro, I am compelled to reproduce this economically sensitive chart which has guided my trading over recent months, Absent the geo-political rumblings of it's Greek/JPY counterpart, this pair ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 25, 2010
Cable and my stalwart AUDJPY continue to have my ear, based on an assessment of all three time frames. What does Cable mean for the EUR? for Chunnel? We are not inclined to short either, as mentioned at the end of last week.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 23, 2010
Ahhhh...someone is paying attention. Strat actually coined it, but I have used it in deference to him.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 23, 2010
USDJPY as mentioned many times in the thread. Dedicated readers should have known this. Lurkers can chase the market higher this afternoon.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 22, 2010
I'm interested, as most are, in Chunnel. We've seen this type of thing in recent history, where a triangle proved bullish after an initial run lower. I am not a seller at these levels.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 22, 2010
It seems the mother ship may be ready to sail.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 22, 2010
I agree with this. I was interested to see how you wre going to respond to that post. The idea is a well contructed. There are programs for metatrader that would allow this type of dashboard analysis. The more experienced the trader, the better the ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 21, 2010
There is a lesson here, as I attmepted to illustrate. One of the repetitive flaws I've seen across the various forums is the need to proclaim that one has a solid system. It seems to be necessary for many traders to justify the risk, capital, and ...
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 20, 2010
Seriously? I have a Renoir at home...I decided to touch it up a bit.
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 15, 2010
I almost went with that line last night. Good for you!
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 15, 2010
No, I think that looking only at the recent S/R does not lead to as easy a time as if one has weekly and monthly perspective. Yes, a read of the thread and the responses shows that the curse still exists (wink).
Strat's Long Term Stress Free Trading
- Alexandra replied Apr 14, 2010
Yes, I do tend to zoom out quite far, as it were, and then try to establish a dominant trend. The bull case for the EUR is supported by your long term charts, the open window, the immediate weekly and monthly patterns, and, the overblown bature of ...
Strat's Long Term Stress Free Trading