I am going to now integrate SpudFyre's Method with my own in this journal. Instead of limiting myself to one pair, I am going to try to trade many, and see how it works out. I'm only going to trade his so-called "optimal" signals. He recently released his "Escalator to Pips", a Word document in his thread, and I am very impressed.
With this being said, I am seeing a few potential trading opportunities.
Long CHF/JPY
15 Min stochastics are in oversold territory, as are 30 Min stoch's, and 1 Hour stoch's are moving down there. There is not much confirmation from 3 hour chart, but I expect it may range in overbought for a while.
Short EUR/AUD
15 Min stoch's have been going down for a while. 30 Min stoch's have just crossed in overbought territory. 1 hour stoch's on their way down from overbought, and 3 hour stoch's coming down in overbought. This looks GOOD
Good luck,
Kevin
With this being said, I am seeing a few potential trading opportunities.
Long CHF/JPY
15 Min stochastics are in oversold territory, as are 30 Min stoch's, and 1 Hour stoch's are moving down there. There is not much confirmation from 3 hour chart, but I expect it may range in overbought for a while.
Short EUR/AUD
15 Min stoch's have been going down for a while. 30 Min stoch's have just crossed in overbought territory. 1 hour stoch's on their way down from overbought, and 3 hour stoch's coming down in overbought. This looks GOOD
Good luck,
Kevin