How I wish I could just close the AUDNZD. It's sucking me. It's not giving opportunity to leave at break even Am waiting for my SL to trigger so that I get out.

Simple and profitable trading style

. The title of the thread matches the strategy. You don't need too much analyses and over stressed up during analyses.

Simple and profitable trading style

While the other weekly candles closed above the middle band the daily did not close above the upper band. The two conditions that must be in place did not blend at the same time.

Simple and profitable trading style

If it were based on the strategy am backtesting I wouldn't have entered because the weekly bullish candle was still trapped below the Middle Band.

Simple and profitable trading style

When you're wrong in a position it costs you so much. That's what am going through with AUDNZD long. It was based on different strategy- hammer with lower band breakout.

Simple and profitable trading style

when stochs is moving between 80 and 20 no one can determine the direction of the price movement. All we need at that time is to remain patient.

Simple and profitable trading style

This chart is better than the previous one I sent. I decided to zoom it out more to show the resistance.

Simple and profitable trading style

Don't use it to take reversal. It will not work. There is a misconception among the users. They believe that when price is on oversold region you can get in for bullish trade. Also when price is on overbought region you can get in for bullish trade. ...

Simple and profitable trading style

USDJPY long while stochs was overbought is still running. I did not share stochs setup here, I shared it with some of my trading friends in a trading forum. It's over 800 pips now.

Simple and profitable trading style

Also when strong bearish candle is formed when stochs is oversold, opportunity to get in. When strong bullish candle is formed when stochs is oversold then you get into bullish trade.

Simple and profitable trading style

Stochs setting is 8,3,3. I do not know why.

Simple and profitable trading style

Stochastic is used to follow trending market. When support is broken when stochastic is oversold region then you have short trade setup. When resistance is broken when stochastic is on overbought region then you can get in and join. Don't use to ...

Simple and profitable trading style

Sorry am not following USDCAD right now. This is because I have been in short position on EURUSD. EURAUD yes, bullish trade.

Simple and profitable trading style

WHEN STRONG SETUP IS FORMED AT THE WRONG PLACE: On Friday there was a strong bearish engulfing on CADJPY weekly. This is one of the pairs am following with my strategy. This is strong setup in itself. But it was formed at the wrong place and the ...

Simple and profitable trading style

Ok. If you don't use bollinger bands it may be difficult. At the beginning I said those who use bollinger bands will find it easier.

Simple and profitable trading style

I will really be glad if your question is made clear. Others can learn from your comments and question. During my learning to trade at the beginning I learned a lot from my mentor's followers' comments and questions.

Simple and profitable trading style

It's good we join thread from the beginning. Otherwise we would not know how the discussion started. I don't do not join half way

Simple and profitable trading style

The strategy is about catching trending pair at the beginning.

Simple and profitable trading style

Yesterday I was asked if I don't think that placing trades in this way will return very low rewards. i was wondering what he means by the statement. What came to my mind was possibly the fact that am short in EURUSD and am long in EURAUD. If the ...

Simple and profitable trading style

How?

Simple and profitable trading style