QuoteDislikedHi Naija,
If you use oscillators in your trading I would suggest taking only signals in the direction of the trend and when you have entered a support or resistance area. If you take all overbought or oversold signals you will lose more than you win.
u get a very good signal when IB is formed and divergence is fwell spotted, for instance stoch crosses and hook in that direction.
check out daily UJ, 16th july, taken a trade with bullish divergence, with second type IB(hope am not confusing traders here?) fetched 180pips+
an amazing system for those who undertsand how stoch works
here is am example from james but used OB instead of IB
http://www.forexfactory.com/attachme...2&d=1216147376
the result have been awesome