thread: Simple and profitable trading style

How will resistance 90.078 respond to the strong trend. It was based on the daily middle band and 4hr upper band

I decided to join the GBPUSD and EURUSD bears yesterday. It is all about installation and investigations, not profit or loss.

Am loosing ground on CADCHF brief position. If the resistance level, 0.79538 I understand I was wrong in holding

So soon it may form another short installment

Am loosing floor. If the resistance level, 0.79538 I understand I was incorrect in holding on

quote Hey partner, Loving the thread thanks for sharing your knowledge together to bring up something old I'm making my way through the forum slowly! I'm liking the results with this way of utilizing Stoch and price just wondering if you state broken S/R are you speaking to the overall understanding that the bar must close away from the S/R and prior to entering will you wait until the following pub also closes outside to prevent the false breakout? Because partner Cheers

you have to allow the price to shut above it for long positions; below the service while stochastic stays about the oversold- to - type positions. I know that you are new here, otherwise you'd know that I have separated stochastic thread in the egy here. Here you'd have it :https://www.cliqforex.com/trading-sy...g-gu-wave.html. Here you'd see some of the charts I've shared

quote Stochastic is used to follow trending market. When support is broken when stochastic is oversold region then you've got short-term setup. When resistance is broken when stochastic is about overbought region then you're able to get in and join. Do not use to fight trending market. Do not get in when stochastic is between 80 and 20.

Hey mate,

Loving the thread Thank you for sharing your knowledge with us

Sorry to bring up something old I am making my way through the forum slowly! I am enjoying the results with this way of utilizing Stoch and price just wondering when you say broken S/R are you referring to the general understanding that the bar must close outside the S/R and also before entering will you wait until the next bar also closes outside to prevent the false breakout?

Thanks mate

Cheers

What Is AUDNZD Likely to do?? It has rejected resistance,between 1.122 and 1.130 weekly long ago.

quote Yes I am,expecting more drawback. Meanwhile you can check on EURCHF on daily and 4 hr charts,you can get an ealier entry using 10,2 settings(although I don't enjoy this pair because it Is Quite choppy) picture picture

I don't transaction EURCHF - so much signs

Catching alteration below resistance, for bearish trade and over observable support obtain better performance. How would this ones perform, I do not know yet.

quote Yes I am,expecting more drawback. Meanwhile, you can check on EURCHF on daily and 4 hr charts,you can Find an ealier entry with 10,2 settings(although I don't like this pair because it Is Quite choppy) picture picture

Great