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?
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
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 
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?
I would place 20 pip stop and as it goes up i would walk the stop up. However if you don’t want to be infront of the computer, then i would place a tralling stop.
Well I would still draw the fib from the original cross over.
However if you didn’t enter the first signal, I would put my stop at a close below the 50 EMA.