Make all possible mistakes in demo and rain in pips in live account
Trading Contest All Time Return:
2.3%
Trading profitably using Recent Strength 58 replies
Using Fractals Profitably 96 replies
Using Oanda FXBoxOptions Profitably 24 replies
Looking for Stochastic RSI oscillator 2 replies
Stochastic Oscillator settings 5 replies
DislikedAUDCHF is failing to break the strong support level, 0.71539 while Mr Stochastic is on the oversold region. This support had failed to be broken since 5th June, 2017. I decided to join the bulls, live and demo. The weekly is much more stronger, though we still have 23 hrs before weekly candle finally closes. The weekly is currently forming Hammer with bullish body, supported by strong Bollinger Lower Band breakout.Ignored
Disliked{quote} I may share the weekly chart if it finally closed well as it's currently too strong.Ignored
DislikedDear 9j, Could you please llok at this chart, the bar marked by a red vertical line. Mr.Stochastic run outside from the oversold area AND (or but) the price bounced up from the low b-band. Can we read it as a signal to buy with TP at the MA? Thank you! {image}Ignored
Disliked{quote} I do not see anything about stochastic signal. The breakout that was formed became "Fakeout" and went bullish againIgnored
Disliked{quote} Thank you. Let me ask more: 1. So, you look for breakouts only, not for bounces from supports, bands or MAs? 2. Stochastic's coming out from oversold - is it not a buy signal? 3. How do you filter fakeouts like this one? With higher TFs only or something else?Ignored