Happy holidays to our team! — Jideck, like you, I truly appreciate the opportunity to learn to trade here on Strat's team. I have learned from each and every one of you, and every day is bringing me closer to my goal of consistently profitable ...

Strat's Long Term Stress Free Trading

Congratulations m. Our newest "stress-free" trader has joined the team! Have a wonderful holiday season. Dave

Strat's Long Term Stress Free Trading

USDJPY SS — Here is a setup I nearly took, but did not. Price broke below the SS from yesterday, and although the trend is still down here's why I decided not to take it: Candle closed above 50sma. Shorting below the bottom of the candle would ...

Strat's Long Term Stress Free Trading

When to short AUDUSD — Strat, The really important sign of a break down in this UP trend is IF we get a close below the swing high at 0.8858. Is 0.8858 a significant SR level? Don't you mean when we get a close below the swing LOW at 0.8913 ...

Strat's Long Term Stress Free Trading

It looks like it could make a move out of the congestion area down to the 1.6040 area for an ATM. But then again, who knows. Is this a PASR trade?

Strat's Long Term Stress Free Trading

NZDUSD BEEB — Placed an open order to sell on a stop if yesterday's BEEB is broken by 10 pips. 0.7300 is a minor resistance level, and is the 50fib from the 0.7524 to 0.7025 swing high/low (using closing prices). Price has also bounced off the ...

Strat's Long Term Stress Free Trading

I'm not getting into the politics of it, but if anyone is interested in the Wikipedia link: The apparatus of the PRC's Internet repression is considered more extensive and more advanced than in any other country in the world. url

Strat's Long Term Stress Free Trading

Welcome to all new traders. — Welcome Luca. Anyone who is a friend of Christopher is a friend of mine. You are in the right place to learn to become a better trader. Dave

Strat's Long Term Stress Free Trading

Still lurking? — Attention all lurkers! I encourage anyone that is just reading along to ask questions and take part in the discussion. There are a lot of good people here who get satisfaction in helping you succeed. Sometimes I feel like I'm ...

Strat's Long Term Stress Free Trading

Bond or not to bond... — I appreciate the explanation. Keep posting your analysis of the setups, as they are quite good and I am learning from all of it. The reason I asked about that was because I have made the mistake several times in the ...

Strat's Long Term Stress Free Trading

USD/CHF Bond SS — Just wondering why you consider this a bond SS when the top of the candle has tested the 1.0162 SR level and made it back down to the support level of 1.0039? Wouldn't an entry below the bottom of the SS be a high-probability ...

Strat's Long Term Stress Free Trading

EUR/AUD failure — Just got stopped out on the EURAUD SS short trade I placed a few days ago. It really never got going to the downside as I expected. Like I said, some work out -- some don't. Keep going. If today's candle closes above the 50 ...

Strat's Long Term Stress Free Trading

USD/JPY at major low — She just tagged the lows from December '08 and January '09 so things could get interesting at this point. image

Strat's Long Term Stress Free Trading

Ummm, well I think would choose the pat on the back. While I'm here I wanted to ask you if you had read that .pdf file that was posted a long time back on J16 where someone had backtested some setups on several pairs from 1990-2005 that included ...

Strat's Long Term Stress Free Trading

I suppose not, Dan. Thanks. Now, talking the talk is easy. Let's see if I can walk the walk. lol.

Strat's Long Term Stress Free Trading

Danny, I agree with everything you said here. I'm keeping my focus on waiting for setups that let me take an entry with the longer-term trend. Like you, I'm keeping in mind the wise words of Dr. Joe. Dave

Strat's Long Term Stress Free Trading

Thanks for the comments on my trade, Strat. Very helpful. So far the trade hasn't made a move in my direction. It looks like it's consolidating between the 20 and 50 and may go sideways for awhile before it makes a move down. In the meantime the big ...

Strat's Long Term Stress Free Trading

Too late Naws, I'm already in. I agree that one of the negatives is that price is between the 20 and 50, but I went with it anyway because price has been bouncing off the 50 for some time now in the downtrend and I'm hoping this is another one. ...

Strat's Long Term Stress Free Trading

EUR/AUD SS — Sold short on the break below the low of this shooting star yesterday. (Chart image is from yesterday.) Here's what I was seeing when I decided to place the sell stop under the bottom of the SS: Big boss is still making lower lows ...

Strat's Long Term Stress Free Trading

Thank you my friend. I had my SR levels pretty close to what you show, so that gives me more confidence in knowing I'm drawing them correctly. ---------------- Strat, I appreciate the explanation about seeing the SR levels as "zones" or areas where ...

Strat's Long Term Stress Free Trading