Some of the interesting thing about the trade setup are: 1. The weekly is being formed below a strong resistance after three weeks of Doji candles 2. Stochastic main and the signal have already crossed have already crossed each other. It shows that ...

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AUDUSD weekly I was waiting for base on stochastic is taking shape. We still have less than two days to close. And yet the daily is closing below the lower band.

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What pair are you referring to ? AUDNZD?

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I love the shorter time frames SL but I have no time to trade them

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The Sl should be below the longer time frames candle low price. Since I trade using the weekly and the daily, I use the below the low price of the weekly candle for SL

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Moving lower, we use the 4hr closing/closed above the middle band and 1hr closed above the upper band

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Since we are coming to lower time frames, we use the daily closing/closed above the middle band and the 4hr closed above the upper band for bullish trade

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I only back checked with 4hrs and 1hr. I have CHFJPY long,( though not uploaded yet ) on 4hrs in case there are 4hrs/1hr traders on the thread.

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If there are those who trade 4hrs and shorter time frames here on this thread I have good news for you. This strategy works also on the shorter time frames.

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Yea, they don't want to hear it. They always know those who have lost, not those who trade profitably

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I decided to check what the weekly is doing. The weekly is stochastic is already on overbought region, the blue rectangular mark. Any breakout would be a great setup. Stochastic Oscillator helps to filter false breakout- I have said it over and over

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There is still a strong bullish bias- Bollinger Bands are all pointed upwards.

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AUDNZD bullish trade ended so well during Asian session. But still trapped below a strong resistance. Where will UK and US sessions take the trade to????

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It's easier to rob a heavily secured Central Bank than to convince anyone to help to fund Forex account. So funny.

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They both have near strong resistance.

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Also AUDUSD had been forming Doji candle for three consecutive weeks. I see great movement on the way

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AUDUSD stochastic already crossing each other. We might see bearish movement soon

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There are some pairs that worth monitoring with Stochastic trading. I mean AUDCAD weekly and AUDUSD weekly. Stochastic is already on overbought region. I have the charts- weekly charts

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You're welcome to the great trading community. It's a great point to seek and know individual trader's thoughts and opinion, but clicking buy/sell button depends solely on you. Be bold enough to trade against popular view and opinion. Trust your ...

EURUSD

Greed and fear will always rule Forex market. My problem now is greed to make more profits

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