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- rgrace replied May 25, 2009
First of all congratulations on your discipline, that was and still is the hardest thing for me. We come from similar backgrounds, I am used to trading off of the 1 minute chart. And looking to the 5 minute for the longer term trend. I had gotten to ...
Strat's Long Term Stress Free Trading
- rgrace replied May 23, 2009
Thanks — Thanks strat. I will wear the badge with pride.
Strat's Long Term Stress Free Trading
- rgrace replied May 16, 2009
re:Usd/Chf — Looks to be a risky trade, a lot like my Eur/Aud trade a few days ago. Counter trend, looks like a poor R/R ratio. Looks like roughly 100 pip gain for 150 or so risked, and that with a counter trend trade. Also it is bouncing off ...
Strat's Long Term Stress Free Trading
- rgrace replied May 14, 2009
re:Eur/Aud — Alright, this brings up an interesting question. How close would you consider too close? I know every trade is different, but are there any guidelines to go by on this. And, btw, I did see the hammer, but did not give it much ...
Strat's Long Term Stress Free Trading
- rgrace replied May 14, 2009
re:Eur/Aud — It was a hammer near my support line, 1.7722. Should that concern me? I am planning on being at break even with part, and profit on the other part around that level. It looks like a retrace, bouncing off the 20 MA and 50 fib line. ...
Strat's Long Term Stress Free Trading
- rgrace replied May 14, 2009
Hmm.. Are you referring to the BIG BOSS 20? If you are the price will be over 100 pips beyond that when trade is triggered? The only other things I see is the fib level on the BIG BOSS, from the previous up trend? I went back and re read your post, ...
Strat's Long Term Stress Free Trading
- rgrace replied May 14, 2009
re:eur/aud — It is in a down trend on the Big Boss and Boss and the worker. The Big Boss currently has a hammer, but the month is only half over. It is just as likely to make a lower low than close as a hammer. The Boss is showing a BOND ...
Strat's Long Term Stress Free Trading
- rgrace replied May 13, 2009
re:AudUsd — I saw that as well, it is not a double high on my data, but it is almost a Bearish Engulfing, just a couple pips to engulf the low. But, like you no trades without a star or hammer. Also a fairly nice Bearish Engulfing on NZD/USD, ...
Strat's Long Term Stress Free Trading
- rgrace replied May 12, 2009
re:Eur/USD — Either your BOSS 50 ma is off or mine is. Price closed above my BOSS 50 2 days ago. image Does difference in data feed make this big of a difference in MA's? I have been watching this since it broke the triangle and started ...
Strat's Long Term Stress Free Trading
- rgrace replied May 11, 2009
re:trendline — That trendline was drawn there sometime last week. I noticed that price had broken the trendline. It is still going down, but using the trend line as support now. Right now it is telling me that the pair is in a down trend, with ...
Strat's Long Term Stress Free Trading
- rgrace replied May 11, 2009
re:Eur/Aud — Yes, I see that this is a counter trend trade. And I probably did jump the gun on this one. I have some profit locked in and will trail stop up till I am out. I guess I forced the trade a bit, but that daily hammer did look nice. ...
Strat's Long Term Stress Free Trading
- rgrace replied May 11, 2009
re:eur/aud — Not on demo but small risk, not even 1%. Anyway here are the charts. BOSS image Worker image
Strat's Long Term Stress Free Trading
- rgrace replied May 11, 2009
re: close — From a post earlier by blackeagle, "I use IBFX and also a data vendor for my Metastock and other charting software. My trading is normally based on NY daily close data. But it doesn't matter which data you use, you should trade ...
Strat's Long Term Stress Free Trading
- rgrace replied May 11, 2009
Eur/Aud — I have finally entered my first trade. On Thursday a hammer closed on Eur/Aud off of the 1.7700 area. Price also seemed to be finding support on the original down trendline after it crossed above it on the 22nd of April. This area ...
Strat's Long Term Stress Free Trading
- rgrace replied May 8, 2009
Small account — You assume that you can not trade smaller than a micro. There are brokers out there who allow you to trade nano lot's ($100 contracts). There is also at least one broker that allows you to trade $1 contracts. Trading with that ...
Strat's Long Term Stress Free Trading
- rgrace replied May 5, 2009
re:Aud/Usd Round 2 — Even though I have a better looking shooting star on my data, I will not be taking this one. It is above the BOSS 50 which is also right around the S/R level I have at .7313. That along with the Psycho .7300 has me a ...
Strat's Long Term Stress Free Trading
- rgrace replied May 4, 2009
Eur/Usd — Eur/Usd has closed well above the trendline on the daily that has been in place since July of last year. Higher highs and higher swing low on daily. This would also be a break of the triangle it has been in since July of last year. ...
Strat's Long Term Stress Free Trading
- rgrace replied May 4, 2009
re:Aud/Usd — Order has been cancelled. The high of the shooting star has been violated. I was hoping that my first order would be profitable, but there is another one right around the corner. The good thing about Aud/Usd is I was wrong, but ...
Strat's Long Term Stress Free Trading
- rgrace replied Apr 30, 2009
Aud/Usd — Aud/Usd looks like a good short, let's start with the BIG BOSS. The BIG BOSS is looking like a retracement of the down trend. It did post a higher high, but the close of the bar is barely higher than the last swing high. The 20 has ...
Strat's Long Term Stress Free Trading
- rgrace replied Apr 29, 2009
re:trades — I did roughly the same. Dismissed a lot of them because of what was happening on monthly chart. I do not see them as missed opportunity. Just because they go your way does not necessarily mean you should be in them. No need to beat ...
Strat's Long Term Stress Free Trading