re:GBP/JPY — I would not take it for many reasons. 200 pip risk for 200 pip gain IF it makes it to the resistance level at 144.57ish It is bouncing off the 50 and BOSS 20. Not to mention the shooting star on the monthly. IF it made it through ...

Strat's Long Term Stress Free Trading

gbp/yen — I have been watching this pair as well, nice Shooting star forming on the BIG BOSS. I am waiting for a nice shooting star on the daily before considering it. If price goes down a bit, 134.2 is a very significant support area since ...

Strat's Long Term Stress Free Trading

re:Jacko — I have read his thread, I traded for a short time with his methods. I was actually trading a lot more often than I should have been, at least according to others on the thread. I had good results, I did not trade it long enough to ...

Strat's Long Term Stress Free Trading

re:Eur/Jpy — Still too risky for me. Monthly and weekly do not agree. It probably is tradeable, just not for me at this point in my trading career. Thanks for your input, I do see similarities. But as Strat said, do as he says not as he does. ...

Strat's Long Term Stress Free Trading

Eur/JPY Beautiful hammer! — image The Big Boss appears undecided, it is posting higher highs and higher lows, for the last 3 months. The 20 and 50 on the Big Boss are both pointing down though. Not only are they pointing down, but the 20 has ...

Strat's Long Term Stress Free Trading

reossibilities — I would suggest reading and understanding the entire thread before you take Strat's possibilities.

Strat's Long Term Stress Free Trading

re:eur usd — Although it is making a higher low, it has also made a lower high. This means it is in a triangle, not a trend. It could be the start of a trend, or it could not. No one knows till it breaks. I hope it works out for you, here are ...

Strat's Long Term Stress Free Trading

re:Bueb/Beeb — Especially when they have all respected the resistance area above (I say all, but I have only looked at a couple of the yen pairs). Looking for shooting stars and hammers ONLY at Support or resistance. Thanks for the tips Strat. ...

Strat's Long Term Stress Free Trading

re:monthly — Of course, stop loss is relative, I have 2 accounts, one is with oanda. I use it if I decide to take a trade that requires a large stop loss. The reason why, is I can trade as low as I need per pip. The only thing would be whether ...

Strat's Long Term Stress Free Trading

Larger Time Frame — Strat, you mentioned earlier to trade hammer's and shooting star off of the daily and up. You have also stated many times to not look at the bar till it closes. You were referring to the daily when you mentioned that. I see ...

Strat's Long Term Stress Free Trading

Trading journal has been started, it is blank at this time because I have not taken any trades yet. I am glad it is blank, because I would not have kept up with even half of the information you noted. This also brings up another question, should I ...

Strat's Long Term Stress Free Trading

Ahh, the light has gotten brighter. I understand a bit more now. So, basically focus on shorter term trades off of the daily, get in and out with profits. Use only hammer and shooting star for entries and exits at S&R areas of course. When we are ...

Strat's Long Term Stress Free Trading

I do not know, but on my data it was the break of a nice hammer. I am sure Strat will enlighten us when he goes back to check his data.

Strat's Long Term Stress Free Trading

rerofit taking — Thanks for your reply. HAMMER and SHOOTING STAR! Got it! That is all I will focus on until it becomes second nature. I knew that is what you wanted us to focus on for entry, not for profit taking though. It makes it much ...

Strat's Long Term Stress Free Trading

re:Big Boss and Boss — Point taken. From now on, will start with big boss then boss then daily. Thanks for keeping me on the path. Must start at BIG BOSS! I will keep repeating that to myself until it becomes habit.

Strat's Long Term Stress Free Trading

Thanks again for your reply, I know I will find my path by experience. But, opinions and different viewpoints from other traders help on that path.

Strat's Long Term Stress Free Trading

Winners run Cut losers short — First of all, the 3 contract issue. I have tried this in the past, and something about it really bothers me. Of all the books I have read one of the basic principles in every book is, Let your winners run and cut ...

Strat's Long Term Stress Free Trading

Interesting way of thinking. — I have never thought of it in that way. Interesting food for thought. Thanks for giving me something else to mull over, and think about.

Strat's Long Term Stress Free Trading

Re:nzd/usd — Clues on the BOSS and BIG BOSS. Ok let's look at the BIG BOSS first (I am assuming this means monthly, if my understanding is correct, if not PLEASE enlighten me.) Unfortunately, my data on monthly only goes a couple of years ...

Strat's Long Term Stress Free Trading

[quote=strat;2677481][quote=rgrace;2677473] Did not mean to make you feel bad. I have had only positive experiences on here. This forum keeps it real. I receive answers to what I ask, if I screw up or am in the process of screwing up people are ...

Strat's Long Term Stress Free Trading