Strat's Long Term Stress Free Trading

USDCAD

PRICE now approaching Strat Shadow SUPPORT

USDCHF

PRICE now at Strat Shadow SUPPORT

USDJPY

PRICE at SUPPORT

EURCAD

PRICE at Support

GBPAUD

PRICE at Support

GBPCAD

PRICE at Support

Hello Strat

You appear to be already long?

Can you post a worker (or 4hr if you went off that) to show your entry please?

GBPAUD

Just a search party, Wild Thing, - that I got the timing horribly wrong.

Thanks for posting.

Was worried I was missing something obvious. I have had the odd search party out myself.

Currently I'm eyeing up against the long tail of last week's doji. Similar position to candles marked back in March and May of 2015.



Monthly may support speculative longs. Just need last weeks low to hold.




Day trading for me until then.

So much for day-trading!

The news didn't help!

All eyes on 98...

USDCHF

Not a pair I mess with but PRICE is approaching an interesting area

AUDJPY

Strat Shadow acting as support and holding PRICE up

EURAUD

Strat Shadow acting as trend line resistance to PRICE

EURCAD

Strat Shadow acting as trend line resistance to PRICE

EURGBP

Strat Shadow resistance

GBPAUD

Missed opportunity

Yesterday I saw that the GBP pairs were active and in particular, GBPAUD. The Worker is in a pull back in a sea of RED (DOWN trend) and approaching the Strat Shadow as RESISTANCE so my PLAN for today was WATCH M5 to SEE if the DOWN trend will resume. When I got to my charts at 6am my time (PST), PRICE had already put in a double top with a topping formation and was working its way to the bottom of the Strat Shadow. My PLAN was to enter short on a CLOSE below the Strat Shadow.

At 6:30am the Big Boss (the wife!), called out and told me to come and get the dog. Last week, our oldest Yorkshire Terrier ( what else - we are from Yorkshire!) was mauled by a big Labrador which resulted in discs in her spine being misplaced leaving her temporarily paralised. The Big Boss had been up all night nursing the dog and wanted to get some sleep so asked me to take the dog to give her medication, food and water and look after her.

By the time I had done all this, PRICE had already moved 40 pips and had reached first support so, not wanting to chase PRICE and catch a falling knife, I just watched helplessly as PRICE moved a further 58 pips.

A missed opportunity from a PERFECT PASR set up

That's the way it goes sometimes but no problem, there are more PASR opportunities just around the corner!

Price at an interesting level

CHFJPY

Both Boss and Worker at Strat Shadow RESISTANCE. Look for Price Action to enter short.