Simple and profitable trading style

I was filled at a very wrong price. I got in early. You would see the little/few pips between the last closed price and when I was filled- Brokers

We could see that this pair is not trending right now. As I have said before now stochastic can be used in s ranging market, while you're riding also a pair that's trending. Great indicator. As a reminder we cannot use it to fight strong trending market. Good morning everyone here. See you later.

If we're using it in a ranging market we don't set big target/take profit as with trending market. I use the near support/resistance to get out and run with my profits.

I just wish my CADCHF profit taking triggers soon/this week

So far so good on the stochastic trading on AUDNZD. Asian market ended so well.

I have not tried it on 4hrs. Maybe I will backtest on 4hr for the purpose of my trading friends who prefer shorter TF

For the sake of repetition, just as stochastic can be used to follow trending market, it can be used to trade ranging market. Market ranges most of the time. This makes it so great for me.

Wide target is not needed when trading ranging markets. I would have been out with profit by now on CADCHF short if I had set my target on the support. It continues to move around the new target my entry

EURUSD and AUDUSD are the pair on my radar base on stochastic. They're both going overbought. This is because they're strongly crrelated. I will be here when they get to trigger point. Am not sharing the charts now- not so necessary now.

I decided to check what the EURUSD is doing on the weekly and the monthly since the monthly had already closed two days ago. The monthly is strongly bullish after Doji candle was formed. The important thing about the monthly is that it's was formed right on a strong support. The weekly is gradually closing above the middle band, but the daily has not given my go ahead base on our main strategy here. That's, the daily has not closed above the upper band. Also the weekly stochastic is already on the overbought region. The weekly is moving positively in addition to the last monthly candle. But the daily is very slow. Trump has killed the Green Back

There is already a nearby resistance on the weekly also

Am out of AUDNZD long. It was a great movement in just two days. I never knew it would move so strong i would have increased lot size a bit. Great thanks to Mr Stochastic

I lost out in EURAUD. stochastic setup was trapped around the middle band and was returned back

Staying with strategy in good and bad times is a priority. Stochastic has been really been doing good. It failed on EURAUD. It has a high success rate- USDJPY has been working and I shared the chart here.

I love the statement/quotation of Albert Einstein, a renown Nuclear Physicist: "It's not that am so smart. It's just that I stay with problems longer" Staying with system long enough enables us to know the good and bad side. Am still staying with stochastic

I must say, Price Action is the most reliable trading strategy to use! But in my 1st year of demo, I worked with only technical indicators, and no success! Then I started to work with PA trading style! In addition, now I can handle my live trading account manually according to my price action knowledge, of course it’s simple but powerful enough!

When we know how to get in it's simple, though we may be hit by retracement and end up in loss in some positions.

Great lesson I have been learning from using the stochastic oscillator in trading. We learn every day. Am still monitoring USDCAD,long; EURAUD, long; and CADCHF, short. i will share them later, though am still in CADCHF short, and EURAUD long-in one platform

As I have said before now when stochastic gets to oversold/overbought region and there is a support/resistance respectively, which ever the direction would be a great setup for us.

Just repeating what I have been saying: when the support is broken while the stochastic is still on oversold area then we have a bearish trade; failure to break the support, if while stochastic is moving away from oversold- moving above 20 and the bullish candles shows up we have a bullish trade. Opposite is the case with overbought.