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PistolDave replied Jul 25, 2010Roger, how are you, my friend. I looked at your analysis a day or two ago. I was waiting to see what Strat was going to say. He probably will comment on it when he gets time. I'll give you my 2c worth until then. Let me take another look. Dave
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 25, 2010How exactly are currencies valued? — Since there seems to be some discussion presently about bank stress tests, etc. I thought this might be a good time to bring up a "funnyamental" issue. And that is... How exactly are currencies valued? ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 25, 2010AUDCHF analysis — Big Boss: Since last month's strong bear candle, price has found support in the 0.8850-0.8950 area and bulls have been pushing price higher so far this month. This is the third consecutive month of lower lows, and unless ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 23, 2010Consider the immediate trend is up on the boss and is in sync with the dominant trend so the odds favor more upside and the countertrend is high-risk. image
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 23, 2010Coder needed? — SteveHopwood or RonaldRaygun here on Forex Factory can code it for you. I suggest you code and use the one indicator between your ears tho. It will be more profitable. Good luck to you.
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 20, 2010Strat, thanks for the explanation of the trend determination. It did help clear things up for me. And I'll be watching the "strat shadow" too. About what action to take on the GBPUSD right now, I will wait for either a break below last week's candle ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jul 19, 2010Trend determination — Strat, I have been reading the answers you gave No1Optimist a few days ago dealing with how to determine the trend. I also looked at that document he posted that helps to explain the dominant, intermediate, short term, ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jun 30, 2010Buying here??? — If you are talking about an uptrend not starting yet, you are absolutely correct - and it's sure not showing any signs of it beginning now. But a trend started about six months ago. The downtrend that is. It has not shown any ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jun 29, 2010Some helpful advice. — MoneyMaker, I would suggest eliminating the pivots lines. They may help in daytrading, but I don't think they will help much with this method. Instead, find the posts by blackeagle where he describes how to determine the ...
Strat's Long Term Stress Free Trading
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PistolDave replied Jun 5, 2010Anyone believing that technical analysis is unprofitable is misguided in choosing this as the thread to make your case for it.
Strat's Long Term Stress Free Trading
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PistolDave replied May 28, 2010secret meeting — Ah ha, the truth is finally out. This PASR stuff is just a front. I knew you were just going to England for another secret meeting with Mervyn King. Probably taking Ben along too. I'll be keeping a very close watch for ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 25, 2010More thoughts about money — No doubt about that. I am determined to do whatever it takes to become a successful trader and I understand that much of the result you will have depends on what you learn and how you think. At some point along the ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 25, 2010Belief system — Max, I'm not a psychologist or philosopher but I have a few thoughts on that too, from personal experience. First of all, if you have a conflict in your mind that there is something "wrong" or unethical about trading, ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 24, 2010Extreme sports... Extreme trading! I'm probably going to say something you already know, but it still is worth considering: Be very careful trading GBPJPY, CADJPY, etc. These pairs are so volatile they can drain your account while you are on a ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 13, 2010I had not considered that. Thanks for pointing it out. I'm not so familiar with Fibonacci analysis but I assume sometime in the near future I will learn more about it. It does seem to be very useful at times. At least, one should be aware of where ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 12, 2010AUDCAD — The AUDCAD market has been in a sideways channel for the past three months and finally appears to be breaking out to the downside. Big Boss, Boss, and Worker are all on the same team now and there does not seem to be any major ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 12, 2010Have you considered this SR zone shown on this chart? No, I considered SR on my chart the immediate reistance is at 112 on my chart. Yes. That is what I was pointing out. -What is your plan if it breaks through? I will wait for the re-test on TL/R ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 11, 2010What's the plan? — image Have you considered this SR zone shown on this chart? -What is your plan if it breaks through? -What if there is a reversal at the zone? -If price action on the worker contradicts the boss and big boss, will you ...
Strat's Long Term Stress Free Trading
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PistolDave replied May 11, 2010[quote=simpleman;3715537] It's an app called "Snagit."
Strat's Long Term Stress Free Trading
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PistolDave replied May 10, 2010NZDUSD analysis April 10 — Here's what I am seeing on the current situation in the NZDUSD market: The intermediate term high in October 2009 started a series lower peaks and troughs which have not ended yet, indicated by points 1,2,3,4. The ...
Strat's Long Term Stress Free Trading