If it fails to break it I will close my short position without hesitation immediately

Simple and profitable trading style

If it can comfortably break it then we will have second trade setup. But I will not be taking more position on the pair.

Simple and profitable trading style

CADCHF now on oversold region. What will happen to the support now. Will the support be broken? Time will tell.

Simple and profitable trading style

Correlation can be rewarding if the setup finally works out.

Simple and profitable trading style

EURAUD correlated pair, AUDCHF is already reacting to support and stochastic also gradually leaving overbought region

Simple and profitable trading style

Complex for me to understand. If you can trade with the way you explained it, try it on demo to know the good and bad side of it.

Simple and profitable trading style

It was not able to break the support strongly while stochastic was on oversold region. It's currently leaving the oversold. Same happened with USDCAD. Apart from that, it has been rejecting lower band

Simple and profitable trading style

We should be expecting bullish EURAUD

Simple and profitable trading style

If you trade this pair ( NZDJPY ) and not already in another opportunity again now

Simple and profitable trading style

What a great breakout from bollinger bands squeeze

Simple and profitable trading style

We have have to wait. Sometimes fundamentals fails to make any impact.

Simple and profitable trading style

CADCHF also showed according the my expectation. All the charts I follow have been shared.

Simple and profitable trading style

Here is the 4hr chart.

Simple and profitable trading style

If you have been following us here I have said that when market forms bollinger band squeeze, the breakout follows the direction it has previously been going in most cases- in this case bullish

Simple and profitable trading style

NZDJPY resistance I have been talking about is being broken on 4hr, though I don't trade 4hr. Time will tell how far the daily continue to respond to the resistance.

Simple and profitable trading style

Only EURAUD still remain in indecision.

Simple and profitable trading style

The bullish candle I was expecting showed up on USDCAD. Check the chart I posted before

Simple and profitable trading style

I don't use stochastic divergence. The signal is sometimes fake. I use stochastic only when overbought and oversold region. That's when a visible support is broken while stochastic is oversold; when resistance is broken while stochastic is on ...

Simple and profitable trading style

How do you mean? Is divergence an indicator? Make you question clear so that we can understand. Or do you mean divergence of the Stochastic?

Simple and profitable trading style

Current example on how middle band can cause obstruction. I have here CHFJPY. The monthly middle band has caused some bearish movement on both the daily and weekly.

Simple and profitable trading style