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Strat's Long Term Stress Free Trading

  • #661
  • Mar 18, 2009 10:10am Mar 18, 2009 10:10am
Quoting strat
Good going - you have recognised the error of your ways - remember it and don't do it again!

Never forget Bond and also that if it means something it will jump out at you.
Agreed. I have long trades in both the EUR and AUD and both pairs had a similar candle print Monday. I very strongly considered exiting my trades for small profits at that point, thinking "crap, this is an inverted hammer we're going to retrace." That was after just a cursory glance. I'm glad I decided to let myself think on it more before acting.

When I re-evaluated later on that night (once the candle had closed), I determined it wasn't really an inverted hammer in either case. Both had too large a body to consider them as such and so I let the trade continue.
  • #662
  • Mar 18, 2009 11:00am Mar 18, 2009 11:00am
how funny is that !!!!
  • #663
  • Mar 18, 2009 11:32am Mar 18, 2009 11:32am
Quoting strat
You have just nominated yourself to do the End of Week analysis!
I guess thats that then. You guys can expect end of week analysis by Saturday at the latest.
Bang.
  • #664
  • Mar 18, 2009 1:27pm Mar 18, 2009 1:27pm
Quoting el_duende
E/U looks strong to me to go long too, Price has broke through a few daily resistance levels.

On the weekly chart could we have a double bottom forming, also price is currently above Boss 20.

Could this be start of ncie move upwards?
so had you rode the train up north ?
pips are coming in droves to my bag
There's a POT of GOLD at the END of the RAINBOW!!
  • #665
  • Mar 18, 2009 1:30pm Mar 18, 2009 1:30pm
Hi Strat

Looking at your multiple S&R chart, when you get two lines together confluence (Monthly) gives much stronger signals. Along with being a good pivotal point for the future, notice how price is attracted both in support and resistance to it.

Your other chart Japanese chart buy above sell below the chequered mash?

Now i'm off to take cover

Great being part of the Strat university
Yesterday’s regrets and tomorrows dreams are today’s opportunities
  • #666
  • Mar 18, 2009 1:40pm Mar 18, 2009 1:40pm
Quoting haribon2008
so had you rode the train up north ?
pips are coming in droves to my bag
Wow! Euro now a runaway train, pip special
Yesterday’s regrets and tomorrows dreams are today’s opportunities
  • #667
  • Mar 18, 2009 1:43pm Mar 18, 2009 1:43pm
E/U, resistance at 1.3360+ currently being tested, will it change into support??

im hoping BIG
There's a POT of GOLD at the END of the RAINBOW!!
  • #668
  • Mar 18, 2009 1:45pm Mar 18, 2009 1:45pm
Quoting cowboying
Wow! Euro now a runaway train, pip special
are we seeing dec. '08 repeat performance ?!
major monthly resistance @ 1.36++ coming soon!!!
There's a POT of GOLD at the END of the RAINBOW!!
  • #669
  • Mar 18, 2009 1:55pm Mar 18, 2009 1:55pm
Quoting haribon2008
are we seeing dec. '08 repeat performance ?!
major monthly resistance coming soon!!!
Im paper trading so no real cash but im happy I called it right Looking at my chart next resistance could be up near the 1.37/38 area, if momentum keeps up this looks to be a next target.

I also sold USD/CAD too near the 130 resistance area that too has shot south

No money but its nice for my confidence
  • #670
  • Mar 18, 2009 2:00pm Mar 18, 2009 2:00pm
What a WHIP LASH.

You can see why i cant hold an entry during the violence.
  • #671
  • Mar 18, 2009 2:01pm Mar 18, 2009 2:01pm
this is my main baby all throughout, EP=1.2680 (3/06/09), others are just for keeping PA reading activity high...

now setting SL=1.3300, and i'm off for the night, a great day indeed

good nyt folks
There's a POT of GOLD at the END of the RAINBOW!!
  • #672
  • Mar 18, 2009 2:02pm Mar 18, 2009 2:02pm
Quoting haribon2008
are we seeing dec. '08 repeat performance ?!
major monthly resistance @ 1.36++ coming soon!!!

Why arnt you opening up man what u hiding.

Your not playing dailys and your demo or micro lots?come on you cant just show up go 3000000000 pips and go sorry.......bring out your dead!!!!
  • #673
  • Mar 18, 2009 2:09pm Mar 18, 2009 2:09pm
Quoting Baba G
Why arnt you opening up man what u hiding.

Your not playing dailys and your demo or micro lots?come on you cant just show up go 3000000000 pips and go sorry.......bring out your dead!!!!
live, demo, mini, micro, std.... does that really matters here?
this is all about P.A. reading dude

want me showing graphs with trade history?? ok here's for you.... My E/U baby in now up +$7,800.00 from 10K standard.
needing more??
There's a POT of GOLD at the END of the RAINBOW!!
  • #674
  • Mar 18, 2009 2:20pm Mar 18, 2009 2:20pm
Quoting haribon2008
live, demo, mini, micro, std.... does that really matters here?
this is all about P.A. reading dude

want me showing graphs with trade history?? ok here's for you.... My E/U baby in now up +$7,800.00 from 10K standard.
needing more??
You are amazing.

Is that what you want to hear?

Is that why you post entries and exits but no reasons why, and then tell everyone how much you made?

All hail haribon.
Bang.
  • #675
  • Mar 18, 2009 2:23pm Mar 18, 2009 2:23pm
need not be, as this is my last post here...

have fun learning guys, kudos to the great mentor Strat
There's a POT of GOLD at the END of the RAINBOW!!
  • #676
  • Mar 18, 2009 2:27pm Mar 18, 2009 2:27pm
Looking at USD/CAD next support level is 1.24 lets see if price gets to this level and what it does.
  • #677
  • Mar 18, 2009 2:28pm Mar 18, 2009 2:28pm
ok cheers bye
  • #678
  • Edited 2:51pm Mar 18, 2009 2:34pm | Edited 2:51pm
I think i upset him ooopps

I just wanted to know what the hell he was up to...oh well hope strat dont kill me.

espacialy as my cad yen never came near engagement .

Thanks so much for your input on cad jpy everyone.And you were all right....

We got a TEAM !!!!!
  • #679
  • Mar 18, 2009 3:00pm Mar 18, 2009 3:00pm
Quoting geoffrod
Hey Dan,
please dont take anything i say as anything but my opinion,
I tend to agree that usd/cad is looking down, i too am keen for a slice of the action, the only thing i would differ with is the resistance level, for me personally ( i could be very wrong, and more than likely am!!lol) the level would be around the 1.2765 mark, and as we are below that i will be in a short position at the break of yesterdays low, with a stop above the hi of the harmi 4 days ago.
just my 2 cents worth.
cheers big ears
geoff
well so far so good, nice sharp down move,
1.2400 is looking like a likely place for this to take a breath, time will tell, i am up over $8000 on demo, and a couple of bucks on a micro live account, so i am happy at the moment, things could change though.
Hope you got in on it Dan.
cheers
Geoff
  • #680
  • Mar 18, 2009 3:07pm Mar 18, 2009 3:07pm
Talk about the mother of all overreactions to Mr Benrnanke's announcement.
All my charts with a USD in them have gone mad and are hard to read now.
Gold took off with oil and the indices.
I might have to put FOMC statements under the same header as NFP and stay away.
Nicola
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