Disliked{quote} NZDCHF Though still trapped around middle band, weekly, yet was able to close with bullish candleIgnored
Hence why i am short EN
Kim
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Disliked{quote} NZDCHF Though still trapped around middle band, weekly, yet was able to close with bullish candleIgnored
Disliked{quote} i like the correlation between NZDCHF and EURNZD Hence why i am short ENIgnored
Disliked{quote} worth it I was just going through my charts and found out this perfect set up using 10,2 bollinger bands settings. on the EURCAD you can see it has given set ups on both the weekly strategy and the daily strategy Looking forward to your inputs guys,happy trading {image} {image} {image}Ignored
DislikedHappy new year to @9jatrader and the members of this great thread,now i have been back-testing and studying this strategy and so far so good. I decided to try different setting the Bollinger Bands and instead of using 20,2 i use 10,2. You can see from the chart below where i entered EURNZD short trade based on daily and 4hr chart using 10,2 settings. I realised 10,2 gives an earlier signal unlike 20,2. Now my question to you 9jatrader and the members is if anyone else has tried to change the bollinger bands setting and what was the results? personally...Ignored
DislikedEURUSD had been crazy bullish. I hope to trade the reversal. Am waiting below resistance. It's interesting that it's correlated pair, EURGBP shooting star formed long ago is yet to do it's job. I can't be bullish now on EUIgnored
Disliked{quote} I believe you still hold on to your EURNZD, short. Weekly and daily now doing their movement. This is the interesting thing about the strategy. When you have time to catch daily middle band; before you know the weekly middle band and daily upper/lower form their setup on the same setup.Ignored
DislikedI decided to join the GBPUSD and EURUSD bears yesterday. It's all about setup and analyses, not profit or loss.Ignored
Disliked{quote} Yes i am,expecting more downside. 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 like this pair because it is very choppy) {image} {image}Ignored
Disliked{quote} Yes i am,expecting more downside. 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 like this pair because it is very choppy) {image} {image}Ignored
Disliked{quote} 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 fight trending market. When stochastic is between 80 and 20 don't get in.Ignored
Disliked{quote} Hey mate, Loving the thread thanks for sharing your knowledge with us Sorry to bring up something old i'm making my way through the forum slowly! I'm liking the results on this method of using 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 would you wait until the next bar also closes outside to avoid the "false breakout"? Thanks mate CheersIgnored
DislikedAm loosing ground on CADCHF short position. If the resistance level, 0.79538 I know I was wrong in holding onIgnored