The interesting about the pairs is that while one is rejecting the lower band, EURAUD, the other one is rejecting the upper band, AUDCHF. But there is no signal yet base on Stochastic trading system.

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I decided to check what the EURAUD correlated pair ( AUDCHF ) is doing. Just as EURAUD is on oversold region, AUDCHF is right on the overbought region. This is where correlation can be rewarding, it you trade correlated pairs- be careful

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The reason for using the weekly middle band rejection is that failure to reject middle band can cause bearish movement on the daily. It can cause a strong retracement on the daily, even though it has closed above the upper band. I have said that ...

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This pair shows no retracement yet. The setup was based on the strategy here. The weekly was closing above the middle band, while the daily strongly closed above the upper band. I did not take the position because of my EURUSD short.

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Whatever appears around the zone it creates opportunity- bullish or bearish. If it succeeds to break it, opportunity for bearish movement right away.

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A moment of indecision remains with EURAUD. The Stochastic is still right at the oversold region. Any refusal to break the support it shows more confirmation on the bullish move

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Thank you so much

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They're based on Stochastic trading. On USDCAD bearish candles failed to break below the support level and Stochastic is already leaving oversold region. Opposite is the case with CADCHF. The resistance failed to be broken while Stochastic was ...

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It the next candle/candles can close bearish, then opportunity to join them.

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If the next candle can be bullish on USDCAD, it would be great

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Why am focusing now on Stochastic trading is the fact that we can get in sometimes, weak signal as long as the support/resistance refuse to be broken.

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Am not distracted from the main strategy here. I hope will not either. I believe having other strategy can create for us many good and quality trade setups. That's what the great men in the business are doing. We can use other tools to follow ...

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I said yesterday that EURAUD shows similar Stochastic trade setup gradually.

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My EURUSD is strongly retracing and so I don't want to increase the risk.

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USDCAD is already showing rejection of the lower band. I will not be taking the trade, but will be among the once am being using for backtesting.

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USDCAD bullish attempt is of great interest to me now, base on Stochastic trading. Stochastic is the strategy am focusing and backtesting so strongly now. That's when the resistance and support are not broken when Stochastic is overbought and ...

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Hi Kraven and EZcurrency, it's surprising you guys already knew some of the pairs I was going to talk about I have already shared the daily and the weekly setup on the EURGBP long on the day it was formed. Now the weekly has ...

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When the weekly and the daily has closed during the weekend I have some review. I cannot say anything now until the weekly and the daily have closed. I will have them this weekend.

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Yes, it would be an opportunity to join the bulls- if Stochastic is on overbought region. Also another opportunity on the pair is when the daily consistently reject the lower band. That is when the candles continue to refuse to close below the lower ...

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Uptrend is likely to resume. I have said in the past that when Bollinger Bands formed after strong trend, the breakout will more like in the same previous direction.

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