Hi Alexandra, Especially short JPY against USD looks interesting, but I'd like to see how today's close will be. 94.50 is so important as there is a confluence of TL, SR and fib 50. Welcome tho the thread.

Strat's Long Term Stress Free Trading

All I can say is that it is much more reliable compared to broker based FX volumes. Thanks for the extra info.

Strat's Long Term Stress Free Trading

EURUSD Futures — I am also using futures charts of currencies to analyse volumes. Attached one is the Euro currency which reflects EURUSD pair in forex. Look at the second last bar (Thursday's daily bar). It is a perfect example of ...

Strat's Long Term Stress Free Trading

EURCAD — I was hoping for a retracement to 1.5650-1.5700 after breaking of both up TL and SR level on May 27th and watching PA at those levels to take a short trade, so far no retracement yet and still waiting. If it doesn't retrace and go ...

Strat's Long Term Stress Free Trading

Gbpchf-latest Chart — This is the one I have for GBPCHF. As Strat always indicates, S/R lines are more important than trendlines (as you can see a well-respected down TL was broken, but SR hasn't let it go up, yet) . The only problem with this ...

Strat's Long Term Stress Free Trading

I am not sure on this one either as 1.7700 and 1.7450 S/R levels look strong and look at attached monthly chart. Although we have 4 days to close the month, does the last candle tell you something? Still wait and see, IMO.

Strat's Long Term Stress Free Trading

I am not sure if it is a good idea to sell into 0.8650 support. Unless 0.8650 is broken, Big Boss is still in uptrend.

Strat's Long Term Stress Free Trading

Although your question is not clear, A/B wobbles are countertrend price moves, much smaller than corrective waves (in the same direction with corrective waves) and as much as I can see from the chart attached, they are measured from low of bar A to ...

Strat's Long Term Stress Free Trading

Strat said " the following swing high must not CLOSE higher than the previous “wobble” for the downtrend to remain intact. For example, the swing high at “W” must not close higher than the A to B “wobble” on swing U to V." So although swing high at ...

Strat's Long Term Stress Free Trading

Can you be missing USD Index 81.00 level? I suggest watching PA around this level.

Strat's Long Term Stress Free Trading

Can USD manage to turn around? — We see strong USD downtrends on majors. Some majors penetrated important SR levels and some are still trying while sitting at important crossroads. So what is next? Are the penetrations real or fake? At such ...

Strat's Long Term Stress Free Trading

GBPAUD — There is a potential setup forming on GBPAUD. I am not going to comment on this one, just attaching the chart and waiting for your analysis. ps. this is not a Strat Team Trade, just something I'm watching personally.

Strat's Long Term Stress Free Trading

EURAUD — I have two major support levels; 1.7700 and 1.7450. May 7th daily bar was a real hammer on my data with low at 1.7477 and close at 1.7707, once again proving how important those levels are. The SR level at 1.8600 is very important ...

Strat's Long Term Stress Free Trading

Unless 139 swing low is penetrated, trend is up. But I agree that uptrend momentum is stalling. The recent swing high on May 7th couldn't manage to print HH on the chart, so it is a sign of weakness.

Strat's Long Term Stress Free Trading

Yes, I do that to be able to see a more clear picture and when you do that, you'll see wicks are not that important when drawing TLs (though I use them in special cases, rarely). Btw, you may remove the upper TL since 4/20, 21 bars are not as ...

Strat's Long Term Stress Free Trading

Perfect setup, perfect entry, perfect SL, all deserve Trade management and Exits If you are using preset targets, 131 area was a better one for first exit. 50 is too close, IMO, and what would happen if price retraced a ...

Strat's Long Term Stress Free Trading

Why miss the perfect setup? Instead of not taking trade, you can adjust your trade size so that your predefined stoploss amount does not exceed 2% of your account balance. Considering your trading experience, I suggest "no rush" in trading with real ...

Strat's Long Term Stress Free Trading

100% agree. Re. spreads, since we are not scalping for 20-30 pips, I really don't care about them. But you are right about low volume and liquidity.

Strat's Long Term Stress Free Trading

Fine Tune — 1.0750 looks better, IMO, but before that there is 1.1000. The problem with these levels are 1.1000 served as support only in the past and 1.0750 served as resistance only, not both S & R. So, we should watch PA around these levels ...

Strat's Long Term Stress Free Trading

Mainly because of increased risk aversion and hence offloading carry trades. It is really difficult to trade when correlation is high. For some time, FX Market is correlated with Equity indices and whenever indices moves north, people assume risk ...

Strat's Long Term Stress Free Trading