Boom! The signs were there on the weekly and daily chart. But I didn't play as I wanted the new trend to be confirmed first. If this is a trend change there will be ample opportunity to hop on the train north! The Press release was interesting. ...

Strat's Long Term Stress Free Trading

I would not be a gold seller. The up trend is still intact! The TL break last week will result in a rally to test the break at least -or another test of the $2000 level. Gold rallied hard into the close on Fri. All those traders on margin were ...

Strat's Long Term Stress Free Trading

Some Fib projections that I know some of the major players use to set targets. These could take the S&P back to the 600 level and Dow back to 6000.

Strat's Long Term Stress Free Trading

And here I have posted the 2008 chart of the Dow weekly top - note how the patterns and situation are very similar.

Strat's Long Term Stress Free Trading

Strat, Would you not consider Cable to be a CT trade? The daily is going up (MAs stacked in the correct order) as is the weekly? Would it not be better to wait for a LH for confirmation or would you just be taking this as an ATM trade. I'm still ...

Strat's Long Term Stress Free Trading

Thanks Strat. I need to seek out and conquer this flaw that shows up every now and again. I do not use indicators at all - only the MAs - the 'oversold' statement was from one of the websites that I was reading. I'll never go back to putting an ...

Strat's Long Term Stress Free Trading

Strat, Thanks kindly for setting me right again. I did indeed slip into old habits yesterday and I knew you would be disappointed and set me straight with a bollocking! The major lessons for me in all this has been to stop reading the news and blogs ...

Strat's Long Term Stress Free Trading

I have been really annoyed with my self this week and I wrote some scathing entries in my diary regarding my equity trading performance today and last week. I have been waiting for ages for the indices to tip over and there have been plenty of chart ...

Strat's Long Term Stress Free Trading

Agree Start - I went with the 'local' currency for ease of managing. The intervention is usually wasted money in my eyes. The large intervention back a few months ago was 'faded' as I guess it creates an inbalance in the market. I think the same ...

Strat's Long Term Stress Free Trading

With all these bots that Steve is producing its hard to keep track! What is the most current Bot that Steve is using and finding the best results with? I have been trialling reversi but it doens't seem to be taking any trades? I am just using the ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

I hope that thread readers were astute enough to read the signs and get on board the xxxyen pairs long before the intervention last night? The power of price action comes to the fore once again! Personally, I took gbpyen. These moves usually get ...

Strat's Long Term Stress Free Trading

Alexandra, You must be salavating with the possible double bottom in USDYEN and the big spinning top doji yesterday? I will be watching closely for confirmation of this and I will await a juicy rally, pullback into a Higher Low and some confirmatory ...

Strat's Long Term Stress Free Trading

Bj - Yuk!! nasty repainting historical indicator alert - ditch that piece of cr@p and free the mind!! Pure naked PASR is the way to go - trust me ;-)

Strat's Long Term Stress Free Trading

Hi all, Strat asked me to post my account success so far over the past 9 months using this method. I trade PASR using only the 20/50ema and I use the 10sma as a dynamic trendline. This was recommended recently in a book I read by a Market Maker. He ...

Strat's Long Term Stress Free Trading

Thanks Mdf - I was unsure if I had to add other indicators. Although I feel I'm up to CTA standard in my awareness of trading/ indicators, how they work etc I'm not a coder or programmer I must confess!! I will need to read thru the site and ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

Hello all, I've been a PA trader now for 7 years and I'm not a fan of using indicators per se as they cloud the PA in my view. I'm wanting to run a bot for a while and compare the results with my PA trading (which consists of just candles, support ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

Cycles. Strat. I've been reading some interesting stuff on cycles and when major purchases are made due to institutional order flow etc. Short of going thru all the pairs I follow and counting all the daily cycle bars and determining an average ...

Strat's Long Term Stress Free Trading

Indeed Rubens - NZD is a play on the soft commodities that are reaching highs each week. They have done well exporting dairy products etc to China and the area. But how much of that story is in the price? I don't know and I no longer even try and ...

Strat's Long Term Stress Free Trading

See attached chart of nzdusd - price is in a very interesting area. Huge monthly double top possible. Of course I'm not advocating going short just yet as price is still going North - I'm watching closely as the TL break and HH test right off ...

Strat's Long Term Stress Free Trading

Yeah great stuff Craig - a break from trading and stepping back should always be advocated when the losses begin to mount or your equity curve heads south. Capital preservation is key (Buffet's no1 rule). CT trades are just not worth it really. You ...

Strat's Long Term Stress Free Trading