I hereby remind you that when Stocks is between 80 and 20 no one knows the direction of the movement, especially if you're not in the trade. All we need is patience.

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If it fails to break the support while the Stocks is oversold, there is no need to go short. And if it breaks the support and the Stocks has left oversold, there is no need to go bearish also. The two conditions must be met.

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I see great move on the way.

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I would have loved to use a "Sell Stop Order" at the same level of my SL so that as soon as my SL is triggered then the bearish trades picks up. I just have to be patience this time and allow the candle to trigger it and see whether the bearish ...

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Good morning everyone here. Here is the support line I said yesterday, though late. Here is the chart. You would see the support levels. And Stochs already going oversold. If the Stocks finally gets to oversold and at the same time the support is ...

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Which means if the support is broken while Stochs oversold the we go short. There is already a near support.

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For those who trade, using Stochastic Oscillator, we may have short trade sooner than later. It's already going oversold. Then I will be out with loss in my bullish trade. I will join the bears as soon as possible

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Thanks. We would see more on EURAUD long when it works out latter.

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Let me make it clearer again. When the weekly is closing/closed strongly below middle band and the daily closed below lower band, then opportunity to short. It must be the same week, otherwise it would be late. If the daily fails to close below ...

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You would observe that I have never shared NZDCAD. I shared AUDCAD

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I have shared my current setup on EURAUD long. It's a great example. I will say more about the setup latter because I shared it the same day I got in.

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You would see how the bulls attacked right around the middle band the next weekly candle. It was not surprised to me because the daily was not ready yet. Some of my friends also went short, but only informed them that if I were the one I would not ...

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Please switch to candlestick. You would observe that when 13th November was closing/closed no daily candle succeeded to close below lower band. You just need to stay away.

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Oil chart

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The daily did not close below lower band the time the first bearish candle closed below middle band on weekly.

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Hi Moonman, am sorry I did not see your post early. You got in too early if you used the strategy and was trading the daily and longer timeframes. There was no signal at all to go bearish yet. I have been bearish AUDCAD, they're correlated. It would ...

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What time frames?

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Am currently following only Gold and not Crude because of my EURUSD short position. Crude could be used to trade USDCAD. Am not in USDCAD right now. About the EURUSD short, the weekly is making Stochastic-based setup. We can only judge that at the ...

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As long as is bollinger band trading system, it will work on Crude, gold etc. I think I have shared Gold/USD chart here; and I said the SL would have been triggered when it was daily-based candle SL because of the US election. I said that no setup ...

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Thanks

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