Actually I think that the heat of the recent exchange has distorted thinking. Commenting on a trade plan (putting up an alternative view as I did) can be useful to the originator, the commenter, and other readers. I'd suggest that the only rules we ...

No Brainer Trades

GU Double Top? You could get one. Or you might not. This post doesn't say you wont but I wanted to put up the counterpoint. Real time double top predictions are predictions that the trend of the moment will reverse and put one in the countertrend ...

No Brainer Trades

Concepts call on GU was an excellent one but I'd be thinking about taking some profit or locking in be+ if I was short. Why? Because it hadn't reached the longer term resistance (and it doesn't actually have to) and because it looks like its ...

No Brainer Trades

PA from PASR — The funny thing about PASR is that people seem to have trouble with both PA and SR. I liked Strat's post on hammers and I thought I'd share a couple of other views that might help someone to see it. First, my own view comes from ...

Strat's Long Term Stress Free Trading

Yes, please resize.

No Brainer Trades

Just a note on holidays. ANZAC day is not mondayized so Monday is not a holiday in Australia. The markets are open.

Strat's Long Term Stress Free Trading

LOL. Only if I was lazier than I am. Given that I'm testing and learning your style solid evaluations are worth checking. Its 10 minutes now to prove it wasn't worth considering.

Strat's Long Term Stress Free Trading

USD CAD — I would agree that the boss and big boss are up. But. The nature of such sideways moves is that from time to time they fail. So I would be willing to consider taking a short on break at close of day of hammer and daily 20 ema. Risk ...

Strat's Long Term Stress Free Trading

It hasn't passed thru that point from the current bottom. The confluence theory of fibs says that there will be an audience for each fib and high/low pairing available so the more that fall in a zone the stronger any fib support will be. I think you ...

Silent Service Method

Rgrace, You raised the "exit" question earlier and Strat explained he takes a half and half approach. What works is, as he said, in part a personal thing but it is also a developmental issue. Most who come from a system and backtesting background ...

Strat's Long Term Stress Free Trading

I would say in defence of the bucket shops that you guys play in thin markets to a surprising extent ... and are then surprised by the results. You really shouldn't be. BR, I would be surprised if they ran individuals stops ... but given that ...

No Brainer Trades

It is really important to remember that CMC is not a broker. They are a bucket shop. A broker acts as your agent in a real market (banks and a range of other participants) and they show you the prices offered in that environment. They make their ...

No Brainer Trades

shiko, Have you carefully read the pdf file at the bottom of the first post. As I recall your questions are probably all answered. Except for "how many pips should my stop loss be" and I think that everyone has a different answer for this - some ...

No Brainer Trades

I struggle with this one. Given that any retail broker has access to only a small sample of volume (and can thus be easily distorted or even manipulated) why use it? Also, it seems that many "volume" measures are actually price change (pseudo-tick) ...

No Brainer Trades

You might choose to ignore those green lines. Salmon because I was concerned about the sexuality implications of labeling them pink. The lines are andrews pitchforks but you could use any parallel channel ... its an alternative to straight ...

Silent Service Method

Heres a possible AUD.USD Double Pin — AUD into monthly resistance coincides with closing 200 sma. Paper short at .7225 and stop 7310 aiming for .6850 region at this stage Note: My time zones are set up for Athens midnight (so 9am = 8am ...

Silent Service Method

Thanks CW. I just thought I'd put it up as a counterpoint to the triangle thats been in the last few pages of the thread. I've long been a fan of parallel channels and although I concede the primacy of horizontal s&r I will personally be careful if ...

Silent Service Method

I wonder if CAD might play out a move like this? .

Silent Service Method

In defense of IB Chris, this reflects both your experience and where you came to them from ... as most peoples experience of most things does I wouldn't use IB charting either (its rubbish) so for the last five years I have used Sierra Chart with ...

Silent Service Method

The 200sma on a 1 hour chart is good for a view on medium term trend. Its "about" the same as an 8ma on a daily chart and if you look at the dailies you'll see a lot of bounces at the 8 especially in a trend (8 has some slope). So, IMO, you're ...

How people should really trade!