The Most Profitable Trading Pattern You Will Ever Encounter

AUD/USD setting up for a long entry.


Thanks for the headsup Yohec.

How much importance do you give to RSI before getting into a trade? I personally hesitate getting into a trade setup like this unless the RSI is above 50 or atleast above 45.

Long opportunity coming up on AUDCHF! Stoch moving out of Oversold zone.

I do not look at the RSI. I look at the daily chart. I only enter a trade if the trend on the daily chart agrees with the direction of the signal on the H4 chart.

Thanks for that. I entered long at 0.7189

Im guessing that AUDUSD was a lost for you guys?? hahaha

I am still in the trade, it has not hit my SL. Why is it funny to you?

Sweet! I actually entered a few pips later than you.

Where did you set the SL friend?

Could anyone help to answer my question?

Your settings look correct. Compare your chart to this one.


My SL is at 0.7083

Hi Philips ,

Thanking you for the wonderful system of trading FX . I had some doubts about Stoch settings and then rules for RSI which were sorted by readings your posts .

You had mentioned in one of your threads if anybody needs help then they can contact you via skype or hip chat or via mail , can you please provide the same if you dont mind .

Regards
Shaan

Pending setups








GBPCAD seems to be ready for a SELL. Price is in Overbought zone.

Moreover price is also at a recent Resistance area.

[QUOTE=“r2theb2thec;740695”]GBPCAD seems to be ready for a SELL. Price is in Overbought zone. Moreover price is also at a recent Resistance area.[/QUOTE] Could you please post a image? I’m a newbie and images really helps me get a good idea regards sell and buy signals Regards

That’s the right setting :slight_smile:

Hi,
Can you advise what we have to do in this setup AUDNZD,
Shall still can long it?


we are waiting the closing H4 candlestick of EURUSD to go short


Morning ppl,

I just wanted to get some advice, so i picked up the USD CAD a couple of weeks ago and im still holding on. I understand that we are supposed to draw fib lines, but for this particular case Im quite a bit confused as its usually got a recent high from a recent low… this time its kinda been on a runaway train… Where should I set my stops?