Simple and profitable trading style

How do you mean? Is divergence an indicator? Make you question clear so that we can understand. Or do you mean divergence of the Stochastic?

divergence of stochastic

I don't use stochastic divergence. The signal is sometimes fake. I use stochastic only when overbought and oversold region. That's when a visible support is broken while stochastic is oversold; when resistance is broken while stochastic is on oversold region

The bullish candle I was expecting showed up on USDCAD. Check the chart I posted before

Only EURAUD still remain in indecision.

NZDJPY resistance I have been talking about is being broken on 4hr, though I don't trade 4hr. Time will tell how far the daily continue to respond to the resistance.

If you have been following us here I have said that when market forms bollinger band squeeze, the breakout follows the direction it has previously been going in most cases- in this case bullish

AUD bullish fundamental job report and AUD strong across the board, so I bet it breaks down through support.

EZ

Here is the 4hr chart.

CADCHF also showed according the my expectation. All the charts I follow have been shared.

Hello, I've learned a system from one of my friends and I would like to know your opinion since I am not an expert in trading yet.
The man has got the idea from moving average 200 that is used very often by all technical analysts, so he said let's insert Bollinger bands 200 and see how the price action adheres to its bands.
At last he came with the following system:
--- Time Frames: H4, Daily and some times H1
1- The price must penetrate or touch the outer band (upper or lower)
2- The Bollinger must be wide where the pattern touches or leaves it.
3- The pattern must breach a support or a resistance line where the price have bounced from strongly by 3 to 5 candles minimum.
4- The most important is having a divergence with MACD.
5- Reversal patterns may help also
6- Targets are Fibonacci retracements (2 positions close at 23.6%, 1 position at 38.2%, 2 positions at 50.0%) and if price was trending well above trend line leave the last position open with a trailing stop.
7- SL is put 80 to 100 pips below/above support or resistance.
8- Break even when price reaches Fibonacci 23.6%.
This system allows you to trade the reversal from the beginning with the market makers.
And for now that trader who don't speak English is making profits trading this system, and I some times copy his trades after reviewing the conditions mentioned above.
Wish your opinion will make this system better or recover any point of weakness in it.

We have have to wait. Sometimes fundamentals fails to make any impact.

What a great breakout from bollinger bands squeeze

If you trade this pair ( NZDJPY ) and not already in another opportunity again now

We should be expecting bullish EURAUD

It was not able to break the support strongly while stochastic was on oversold region. It's currently leaving the oversold. Same happened with USDCAD. Apart from that, it has been rejecting lower band

Complex for me to understand. If you can trade with the way you explained it, try it on demo to know the good and bad side of it.

EURAUD correlated pair, AUDCHF is already reacting to support and stochastic also gradually leaving overbought region

Correlation can be rewarding if the setup finally works out.

CADCHF now on oversold region. What will happen to the support now. Will the support be broken? Time will tell.