They say, a picture is more than a thousand words. Take the pictures On EURJPY long trade setup

Simple and profitable trading style

Those who have been following the thread, you must have been wondering why I always use the word "Closing/Closed" at the same time. If the last daily that formed the trade setup closes on Friday is different from the ones that closed before Friday. ...

Simple and profitable trading style

The strategy has made another great setup again on EURJPY

Simple and profitable trading style

If correlation is anything to go by, EURUSD already bullish and may affect Gold bears. I hope to get out of EURUSD spike,because it's not trending now. trending pair is easy to trade

Method of using Stochastic Oscillator Profitably

Although I don't trade Gold am already bearish on AUDUSD. Also Gold bearish move is around support. Good luck if it's broken

Method of using Stochastic Oscillator Profitably

Hi Mr. Brown, Maybe we learn from each other here. I have broker-connected MT4 Bollinger Bands. It's 8,3,3. I don't know why yours is 5,3,3. Perhaps you trade direct from MT4 platforms and not broker-connected MT4.

Method of using Stochastic Oscillator Profitably

Good night everyone here

Method of using Stochastic Oscillator Profitably

I hope the little explanation helps

Method of using Stochastic Oscillator Profitably

Bollinger Bands also helps to know when trending pair is loosing strength- exhaustion. When market trends strongly it hardly cross middle band.

Method of using Stochastic Oscillator Profitably

Hi Okrim I thought I have answered all your questions. I just saw that some of the questions have not been answered. About time frames I trade- I trade the daily, weekly and month time frames. You also asked about the use of bollinger bands. ...

Method of using Stochastic Oscillator Profitably

As you continue to take more stochastic-based trade setups, you would know more. Happy weekend

Method of using Stochastic Oscillator Profitably

I must say here that in using stochastic oscillator patience is need just like any other strategy/indicator. We cannot get in just because stochastic is on oversold/overbought region and there is a support/resistance respectively. Be patient enough ...

Method of using Stochastic Oscillator Profitably

Maybe senior guys can provide us with some answers. Am just curious.

Method of using Stochastic Oscillator Profitably

Am just wondering once again why some NZD pairs small movement amount to great pips on the platform. If You would measure GBPNZD, NZDJPY, EURNZD you would see what I mean. See small movement on my EURNZD is over 200 pips

Method of using Stochastic Oscillator Profitably

Thank you too for joining us here.

Method of using Stochastic Oscillator Profitably

I would say that one is like a sniper when stochastic gets overbought/oversold and there is a resistance/support,respectively, to be broken

Method of using Stochastic Oscillator Profitably

One of the interesting things about using stochastic on overbought and oversold region is that which ever the direction we follow. That means if it breaks the support while stochastic is oversold we go short. Then failure to break it we have long ...

Method of using Stochastic Oscillator Profitably

Here is another chart on NZDUSD, daily. I believe we know what I mean now.

Method of using Stochastic Oscillator Profitably

Setting previous high for TP would be over 500 pips. I hope I don't miss the bullish move

Method of using Stochastic Oscillator Profitably

If GBPUSD shows up with bullish body, we might have bullish trade. We're approaching a very strong support- daily, weekly and monthly. I will jump in when it has gradually left oversold

Method of using Stochastic Oscillator Profitably