Here is the GBPUSD I said am waiting for. Stochastic is resting and sleeping on oversold area, and there is nearby support.

Method of using Stochastic Oscillator Profitably

You could see now that it's time for EURO. It's dominating for now. If you take all in one platform as they form, by the time they start retracement or even reversal, account may not be able to stand it. All your profits would disappear. And ...

Method of using Stochastic Oscillator Profitably

No. I was not taught that way. My using since I was taught proved that we cannot use enter at long 30 and short at 70

Method of using Stochastic Oscillator Profitably

We don't have to be too picky with SL. Having too tight SL is like having no SL. The SL could be triggered easily even when your analyses are right. Some try to have fixed amount of pips for SL. It's wrong.

Method of using Stochastic Oscillator Profitably

Hi Okrim, You got it right when to enter. I use SL, my TP is the last weekly high ( resistance ) for long position; the last weekly low price ( support ) for short position. rYour stop loss should be below the broken resistance- for long position; ...

Method of using Stochastic Oscillator Profitably

Forex market already has what it takes to make pips. It has many indicators to make us profitable. Some of these indicators have been in use for decades and are still used by different professionals. Building EA may not be necessary. I may be wrong, ...

Simple and profitable trading style

Please I will answer yours questions here soon I have shared so many charts in one of my threads, even stochastic-based setup in "Simple and Profitable Trading Style". I have the current EURNZD long position

Method of using Stochastic Oscillator Profitably

Also am avoiding taking correlated pairs. This is because a strong retracement on the correlated pairs could easily wipe account even when our positions and analyses are correct. For example am already bullish in the following GBP pairs: EURGBP, ...

Method of using Stochastic Oscillator Profitably

I wish to say here what I have said in the other thread that I could be both bullish and bearish in one currency. For example AUDNZD long; AUDUSD short. Am using eleven platforms for my backtesting. I don't want to skip some that meet my entry point

Method of using Stochastic Oscillator Profitably

Just curious why all the daily trades always respond to weekly psychological support/resistance and make U-turn. I wish to always get out with weekly support/resistance. Am still checking

Method of using Stochastic Oscillator Profitably

I have leaned a great lesson from the EURCAD long trade setup. It would be on record in my journal. The lesson/question is that when the weekly and the daily meet the conditions and the setup is trapped below resistance, what would happen.

Simple and profitable trading style

I was really scared of the EURCAD when it was trapped below ranging resistance. Also my fears was also compounded with the fact that my EURUSD long had not taken shape. There was signal when the last week was closing, still right below the middle ...

Simple and profitable trading style

EURCAD I have been waiting for is cunningly taking shape; It seems prepared to ambush me

Method of using Stochastic Oscillator Profitably

The colour also good for Fibonacci and stochastic. Enjoy following me

Method of using Stochastic Oscillator Profitably

I have changed it to default mt4. About four FF friends have been so curious about the colour. Take the new chart on my EURUSD long position

Method of using Stochastic Oscillator Profitably

EURCAD had been so funny. There was setup based on the two strategies, but they were too weak. The daily was rejecting the upper- closing very fairly. The resistance breakout with stochastic on overbought was also weak. Thanks to today's candle. If ...

Simple and profitable trading style

It can be used on all time frames. But I trade the daily, weekly and the monthly timeframes

Method of using Stochastic Oscillator Profitably

It's MT4 default, it's 8,3,3. I never changed anything on bollinger bands. Am not colour blind. I was just testing the colours that could fit Fibonacci. Fibonacci is too dull on white background.

Method of using Stochastic Oscillator Profitably

No matter how watchful we are some trade setups would slowly escape us by not forming strong signal

Method of using Stochastic Oscillator Profitably

EURCAD long breakout is slow and deceptive for me. No clear breakout

Method of using Stochastic Oscillator Profitably