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LarryK replied Jan 7, 2010EURCAD — This pair is one of 11 that you listed as suitable for the newbies to try to trade from SR to SR, now you seem to think that we should stay away from it. Could we (newbies) please get some clarity on which pairs we should confine ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 7, 2010EURCAD — If it were not for the low volume earlier this week, surely this would have been a worthwhile short below the BEEB that broke through the S at 1.50ish, stop say 10 pips above the BEEB, with a nice target in due course down at 1.44. ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 5, 2010GBPJPY — My chart shows just one candle for those two, and it is a nice BEEB taking the price back in that range between 150 and 141 again. Worth trading if it weren't for the volume? Larry
Strat's Long Term Stress Free Trading
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LarryK replied Jan 5, 2010thanks SOSO I will see how the morning thing works because I certainly wont trade a candle that isn't closed, lost plenty doing that in the bad old lower TF days. Larry
Strat's Long Term Stress Free Trading
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LarryK replied Jan 5, 2010Trading problem — I have an interesting trading problem. I am sound asleep when the NY closes at 1am my time, so do I become a nightbird when a trade is on the horizon, or do I forego what happens during the asian session and trade whatever is ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 5, 2010EURUSD — I know that there are a whole lot of reasons not to trade this and I am not yet trading anything until Strat says the volume is back. But that is a very nice BUOB on my chart at SR, unfortunately it needs over 200 pip SL to be safe or ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 3, 2010Good advice that I will try to implement, I have no intention of 'searching' for trades, I hope the only ones I take will be 'jumpers', as I said already the time of year would give me pause to not trade this anyway, but I will watch it with ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 3, 2010AUDUSD — Then I need help with the trend because on my weekly chart price is still above the 20ma which is miles above the 50ma, I would have thought the Boss had not done enough to be called a down trend specially after the hammer and ...
Strat's Long Term Stress Free Trading
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LarryK replied Jan 3, 2010USDCAD — Hi SOSO My only problem with going long would be it appears to be against the trend, so I would have to wait for it to reach the upper part of the range to trade it short if I got decent PA good luck in 2010 Larry
Strat's Long Term Stress Free Trading
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LarryK replied Jan 3, 2010AUDUSD — I realise that this week may not be a good time to trade, but ignoring that, I see an opportunity to trade this pair long by placing an order at say 9020 with the stop at 8890, the plan being to take the ride up to the previous high ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 31, 2009Trade Management — SOSO you are right that the trade management is all important, but that is surely the part that is called the Plan, which we should have committed ourself to before entry? That is something I should also have mentioned in my ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 31, 2009Qualified beginner — I have finshed reading this thread, every single page and every single post. Now you must all decide if I have understood what I have read. PASR stands for Price Action (at) Support (and/or) Resistance. Newbies (like me) ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 20, 2009Still here — Hi everyone I'm still reading thru the thread and hope to be finished before the new year. I am happy to report that a lot is making sense to me now when I read the posts of others and check my charts, I like to show on my chart ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 18, 2009congrats — May I add my congratulations, well done to the mother, he looks like a very fine boy Larry
Strat's Long Term Stress Free Trading
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LarryK replied Dec 14, 2009I realised afterwards that I shouldn't have been trying to trade off that IB at my stage of learning, and yes I was doubting whether my trade was going wrong and should have exited but didn't and haven't. It will have to play itself out now. I do ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 12, 2009CHFJPY — So they aren't a pretty couple. Any comment on the PASR that I could learn from?
Strat's Long Term Stress Free Trading
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LarryK replied Dec 12, 2009CHFJPY chart I hope — I hope my chart attaches this time
Strat's Long Term Stress Free Trading
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LarryK replied Dec 12, 2009CHFJPY — Here is my chart as at end of trading on friday. As you can see I have decided that the PA justified a trade, an IB in thursday which triggered on friday and moved up very nicely and was in a nice little profit of 58 pips at one time. ...
Strat's Long Term Stress Free Trading
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LarryK replied Dec 7, 2009progress update — I thought I would let you know I am still around, I have reached the middle of June on this thread and learning plenty, thanks to all especially Boss Strat and the team. I have printed a lot of stuff to study and use as a ref ...
Strat's Long Term Stress Free Trading