Hi Mike, You sound committed to being a successful trader. It seems you are trying to get an understanding of the method, but I'm sure Strat would advise you to be clear on what has been explained earlier before you risk any real money. Once you ...

Strat's Long Term Stress Free Trading

Very good question. I had been curious about that myself.

Strat's Long Term Stress Free Trading

Guys, I appreciate the explanations on the impulse and corrective waves, but it seems a lot more complicated than I thought at first so I think I'll hold off on trying to dig any deeper into it for the time being. It is more important for me to be ...

Strat's Long Term Stress Free Trading

Strat, I want go over this again since I'm not quite sure about it. I may be oversimplifying this somewhat but I'm trying to get a basic concept I can work with to start. Speaking about the long term trend, on the chart here of USDJPY the move down ...

Strat's Long Term Stress Free Trading

Strat, I appreciate the comments.

Strat's Long Term Stress Free Trading

Hurdles I have overcome - and so can you. — Strat: I didn't consider the fib retrace on that swing you mention on the EURJPY. It makes sense when you are looking at the big picture. I'm still focused on the worker chart so much that I am ...

Strat's Long Term Stress Free Trading

eurjpy — The Big Boss has made a retrace from the 119.70ish level up to the fib 38.2 around 127.80ish and possibly has completed this retrace and begun the continuation of the major downtrend line from August 2008. Boss has been trending down ...

Strat's Long Term Stress Free Trading

Price action is valid in all timeframes. I have found the larger (4hr+) to be more reliable.

Strat's Long Term Stress Free Trading

Psychology question — Newintown, Strat may have other comments but this is the way I see it: "as what i know there are different kind of market sessions (Asian,london)... and i thought it affected depending on the currency (yen,nzd and so) am ...

Strat's Long Term Stress Free Trading

EURGBP — EURGBP is approaching a major S/R level that is worth watching for possible price action. Looking at the Big Boss, price has continued the downswing since last month and is now sitting nearly right on top of the 20. The Boss candle ...

Strat's Long Term Stress Free Trading

EURNZD setups — Agreed. Also look at the PASR opportunities off this DSRI on EURNZD lately: image

Strat's Long Term Stress Free Trading

More on EURCAD Boss — Strat, Thanks for your comments on my analysis of the EURCAD pair. Speaking of the Boss time frame this is what I am seeing: Week beginning April 04: Market was in a steep decline with the bears firmly in control until ...

Strat's Long Term Stress Free Trading

EURCAD End of Week Analysis — My beginner's analysis for EURCAD: First of all, you can ignore the data from before the green vertical line. At least on this broker's data the volumes are so small I will assume they are irrelevent. Starting ...

Strat's Long Term Stress Free Trading

Blown accounts — Hi simpleman, Sorry to hear that you lost your funds daytrading. That's not unusual, especially in the FX markets. For nearly three years I tried everything I could find and everything I could create and never became ...

Strat's Long Term Stress Free Trading

USDCAD Top Down Analysis — Ok.... Back to business. Starting with the USDCAD Big Boss chart: Using your Mark I eyeball, you can see the market has been in a bearish trend for the last 12 months. On a closing basis the market has been forming ...

Strat's Long Term Stress Free Trading

When the cat's away -- the mice will play.

Strat's Long Term Stress Free Trading

More words of wisdom from Howard... — Can you think of anything more permanently elating than to know that you are on the right road at last? -- Vernon Howard

Strat's Long Term Stress Free Trading

Ancient Chinese trader's proverb: "Top down analysis sometime lead to bottom up entry" Everyone go ahead with your analysis. I'll post something on the usdcad in a day or two -- 'til then I'm gonna grab the fishin' pole and see if I can catch me a ...

Strat's Long Term Stress Free Trading

That is a good index, Roger. I have saved it since it includes many helpful ideas in a concise document. Keep adding to it and post it here. Maybe a version #1, #2 and so on. Dave

Strat's Long Term Stress Free Trading

Reply to No1Optimist: hello Dr Strat and Partners, I would welcome opinions as to how/if to trade this. My reasoning for a short entry is as follows: 1) This looks to me like a good Dr Joe short entry, getting on the train after a retracement. Why ...

Strat's Long Term Stress Free Trading