Double Stochastic Trading - forex market hours est

Double Stochastic Trading ~ forex market hours est

Double stochastic trading is a momentum strategy based on two stochastics oscillators. The first fast, the second slow. The slow stochastic is the as the filter.

Time frame 30 min or higher.

Markets: Currency pairs, Indicies Commodities and Stocks.

Indicators:

Fast Stochastic oscillator ( 11, 3, 3, close).the crossover determines the entries in the direction of the trend.

Slow Stochastic oscillator /21, 9, 9, close).IT determines the direction of the trend.

Trading Rules Double Stochastic Trading

Trades only in the direction of the major tred that determines the crossover of the slow Stochastic.

Buy

Slow stochastic crosses upward below 50 level.

Fast Stochastic crosses upward and you can use for re-enter buy.

Sell

Slow stochastic crosses downward above 50 level.

Fast Stochastic crosses downward and you can use for-re-enter sell.

Exit at the cross of the slow stochastic line or at the leves of Support or resistance or reccomended with profit target predetermined that depends by currency pair of the time frame.

Adantages: Good entries with simple esecution.

Disanvantages: needs constant watching, because is a lagging oscillator also if stochastic is fast.

Double Stochastic Trading

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Bollinger Bands as Support and Resistance - forex trading hours easter 2014

Bollinger Bands as Support and Resistance ~ forex trading hours easter 2014

Bollinger Bands as support and reistance is a trading strategy very simple its based on the Bollinger Bands and the RSI. This trading system itvery good.

Time Frame 4H

Currecy pairs any.

Indicators:

Bollinger Bands (20, 2);

RSI (35 period) with level (40-60).

If you observe the Bollinger bands are as Support and Resistance. The upper bands are as a dynamic line of resistance and the lower bands are as a dynamic line of support. If you observe the forex charts with these bands you can see that the price for most of the time swings into the bands and when touches the upper or lower band retraces back. This is the principle of this strategy.

To determine the best entry I added RSI indicator of strength.

Buy

Wait that the price touches the lower band and close above the band, if the RSI is between the levels 40-60 open a long position at opening of the nex bar.

Sell

Wait that the price touches the upper band and close below the band, if the RSI is between the levels 40-60 open a shor position at opening of the nex bar.

Profit Target 80-120 pips depends by currency pairs or meke profit on the middle bands..

Initial Stop loss 50 – 70 pips above/below the bands.

This Trading system is also good for trading with binary options high/low.

Expiry time 4 candles.

Bollinger Bands as Support and Resistance

Bollinger Bands as Support and Resistance

This strategy has been sent to Joy22.

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40 pips a day - forex trading hours singapore

40 pips a day ~ forex trading hours singapore

40 pips a day is a daily forex strategy very simple but its very impressive. This is an trend momentum trading system.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, EUR/JPY, GBP/JPY, AUD/JPY, NZD/USD, GBP/NZD, USD/JPY, and other.

Financial technical indicators:

RSI (Relative Strength Index) 5 periods;

Exponential moving average 5 ema (High);

Exponential moving average 5 ema (Low);

CCI (Commodity Channel Index (11 period level 90, -90).

Enter the trade only after the signaling candle is closed.

Buy

RSI must be over 50 level.

CCI must be over 90 level.

Buy when the price broken and close above the upper band (5EMA high).

Sell

RSI must be less 50 level.
CCI must be over -90 level.

Sell when the price broken and close below the lower band (5EMA low).

Profit Target 40 pips.

Initial Stop loss:

for buy the low of the entry bar;

for sell the hih of the entry bar.

40 pips a day

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