Simple and profitable trading style

If it can comfortably break it then we will have second trade setup. But I will not be taking more position on the pair.

If it fails to break it I will close my short position without hesitation immediately

The bullish candle finally showed up, but not too strong- probably because of weekend. I expected the bullish candle because the bears failed to break the support when stochastic was oversold region and that the stochastic was already leaving the oversold. Maybe Pending Order - buy stop would be wise if one wants to take the position. The disadvantage of using buy stop and sell stop order is the fact that sometimes after the order is triggered we are left with upper and lower shadows respectively.

It reacted with Fibonacci. Below the 100% could be used for SL level. Another interesting thing, though the setup is not too strong, is the fact that stochastic has already left oversold region.

Another pair that continues to draw my interest is CADCHF. Though am already short using the below resistance to go short, this pairs is about to make another trade, second trade setup with another strategies:
1. Our main strategy here, using the weekly middle band and the daily lower band close candle.
2. Stochastic is already on oversold region. Any support breakout would be an added advantage on this pair. That would give me the opportunity to press the trade on this pair.

The weekly is gradually moving toward the middle band, while the daily is moving toward the lower band. Here is the weekly chart.

I wish you happy weekend

AUDNZD long is not doing badly on the weekly chart. I will use another platform to show the weekly chart. The platform shows the weekly better.

AUDNZD weekly was able to close with hammer having long lower shadow, with bullish body.

When market opens on Sunday I will close my EURUSD short. The bulls are too strong from the monthly support. I will be going away with over 200pips loosing over 200 pips also. EURUSD, I will be back

I wanted to wait to use the weekly middle band to close. I can't wait anymore

This will enable me to monitor the EURAUD

Bears have no power for now on EURAUD. I decided to join the bulls early for the reasons I have said about it earlier.

Let me repeat what I have said, it failed to break the support while stochastic was on oversold region and that it's already out of the region. Also USDCAD had same setup and that am already bullish on USDCAD. I have already shared the charts

I think I can see it too. Thank you.

Thank you also. This morning is already bullish. I hope you're with me

EURCAD had been strongly bullish. It's time for EURO . Yesterday I closed my EURUSD short position. I will be waiting to join the bears again when there setup is formed. The overall/long term movement of the EURUSD is a bearish movement. Just that there is a strong retracement at the moment. I believe we are lucky to catch the EURAUD early enough

The bearish movement by the bears on the USDCAD was just because of the middle band. Middle band is such a funny place to trade around. When setup gets to middle sometimes it behaves so foolish around it.

The resistance I have said so much about is being broken again. Will this one take it to the weekly resistance- the blue mark?

The weekly chart