I mentioned in my previous thread, easy and profitable Trading Mode that I will separate stochastic trade setups from the ribbon. I will be here as much as at another thread sharing stochastic relevant setups.
I mentioned in my previous thread, easy and profitable Trading Mode that I will separate stochastic trade setups from the ribbon. I will be here as much as at another thread sharing stochastic relevant setups.
There have been misconceptions about method of using stochastic oscillator. Don't get me wrong. If you're profitable with it good luck buddies.
Stochastic oscillator is indior to follow trending market. It's also a indior to enter new position once we're not already in- continuation trade setup. We can't use stochastic to combat trending market.
How can we use it profitably? When price is shifting between 20 and 80 we just have to stay away. This is because no one could determine the direction of the motion. For bullish commerce, if price gets to overbought area, over 80, if an observable resistance is broken while still stochastic is still on overbought then we've got a great bullish trade. Then for bearish trade when stochastic gets to oversold area and any visible service is broken while stochastic is still on oversold area, then we've got a great bearish commerce setup. I have already shared some stochastic-based setups in my prior thread.
It does not need a lot of explanation. I will be sharing all here
The misconceptions were that we ought to take position once the primary and the signal converge/diverge, over 80 or below 20. If you have been focusing on this clinic you'd observe that stochastic blows off accounts
People people who are after my previous thread, EURNZD long had been the final I shared. I missed the very first entry point with all the egy I discuss on that thread. I got in with stochastic
I wish to bring them again some of the pairs worth waiting for with stochastic: AUDCAD, weekly; USDCAD, daily; GBPUSD, daily; NZDUSD, daily; NZDCHF, daily, EURCAD, daily. I've posted a few on the thread
Long breakout is deceptive and slow . No clear breakout
However Attentive we're some Commerce setups would slowly escape us by not forming strong Sign
Posting Permissions
Reply With Quote