Hi Erebus, you're bomb. God bless you and your career.

Simple and profitable trading style

Greed made my to loose some of the profits I made on my NZDJPY long when I ignored the weekly strong resistance. Am just repeating some of the things I have said before for the purpose of those just joining us here

Simple and profitable trading style

Also using the previous high on the weekly as take profit would be ok, instead of leaving your position still open when the weekly resistance is reached - for bullish trade

Simple and profitable trading style

For those just joining this thread I said in the past that weekly SL is safer, but wider. And so we small lot size.

Simple and profitable trading style

I don't know why it's not directing to the topic. Maybe great guys can help us here

Simple and profitable trading style

In case it doesn't show, the topic is "Method of Using Stochastic Oscillator Profitably" on Trading system

Simple and profitable trading style

I promised you earlier that when I have chance I would have a separate stochastic-based thread, just to separate stochastic setup from the thread here. I have done it: https://www.forexfactory.com/showthread.php?t=646664

Simple and profitable trading style

Thanks Mark for joining us here. I have been using the strategy since November, 2016. My first position was on 2nd November on CHFJPY long, some positions were NZDJPY long. You can also check the current position I got in- EURNZD long. Check all the ...

Simple and profitable trading style

I wish to bring them here again some of the pairs worth waiting for with stochastic: AUDCAD, weekly; USDCAD, daily; GBPUSD, daily; NZDUSD, daily; NZDCHF, daily, EURCAD, daily. I have posted some on the previous thread

Method of using Stochastic Oscillator Profitably

Those who are following my previous thread, EURNZD long was the last I shared. I missed the first entry point with the strategy i share on that thread. I got in with stochastic

Method of using Stochastic Oscillator Profitably

The misconceptions were that we should take position when the main and the signal converge/diverge, above 80 or below 20. If you have been focusing on this practice you would observe that stochastic sucks accounts

Method of using Stochastic Oscillator Profitably

It doesn't need too much explanation. I will be sharing all here

Method of using Stochastic Oscillator Profitably

How do we use it profitably? When price is moving between 20 and 80 we just have to stay away. This is because no one can determine the direction of the movement. For bullish trade, when price gets to overbought region, above 80, if a visible ...

Method of using Stochastic Oscillator Profitably

Stochastic oscillator is powerful indicator to follow trending market. It's also a great indicator to get into new position when we're not already in- continuation trade setup. We cannot use stochastic to fight trending market.

Method of using Stochastic Oscillator Profitably

There have been misconceptions on method of using stochastic oscillator. Don't get me wrong. If you're profitable with it good luck friends.

Method of using Stochastic Oscillator Profitably

Am not posting the charts for now, but will do when the signal finally shows up

Simple and profitable trading style

There are some USD pairs worth waiting for as we await NFP. They are all base on stochastic oscillator system. They are USDCAD, GBPUSD and NZDUSD. What ever the outcome of the NFP great movement is on the way

Simple and profitable trading style

It would also be wise if you give us the FCA final decision, whether traders concern on leverage was put into consideration.

FXOpen UK - true ECN/STP FCA-regulated broker

NFP used to be first Friday. They seem to have changed it to second Friday. USDCAD already around psychological strong resistance on the weekly that had not been broken since February, 2016. The daily stochastic is already on overbought area and ...

EURUSD