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@  gelsas : (17 August 2017 - 09:28 PM) i am gonna go sleep now, see ya
@  gelsas : (17 August 2017 - 09:27 PM) oky good appetite
@  gelsas : (17 August 2017 - 09:27 PM) Haha
@  Lootanery : (17 August 2017 - 09:27 PM) However, im getting my delious hot breakfast - see y later
@  Lootanery : (17 August 2017 - 09:25 PM) salame might be a bit rough for that
@  Lootanery : (17 August 2017 - 09:25 PM) indeed - but wouldnt recommend the drug smuggler way of smuggleing heroin or cocain inside the body
@  gelsas : (17 August 2017 - 09:25 PM) Yeah lol
@  gelsas : (17 August 2017 - 09:24 PM) but we find a way :D !
@  Lootanery : (17 August 2017 - 09:24 PM) when u took a walk over one of the street markets seeing meat laying in the sun the entire day lol
@  gelsas : (17 August 2017 - 09:24 PM) well i admit my plan to get you some good salame soll has its holes/Problems
@  Lootanery : (17 August 2017 - 09:24 PM) But might be no problem, because i dont feel like, they rly care about meat quality and its origin
@  Lootanery : (17 August 2017 - 09:23 PM) But not sure you are allowed to import that by flight :D
@  gelsas : (17 August 2017 - 09:22 PM) Yeah probably lol
@  gelsas : (17 August 2017 - 09:22 PM) Ofcourse i would bring it via emirates where I got max storage allowance (kg wise)
@  Lootanery : (17 August 2017 - 09:22 PM) Well, they probably assume you smuggle drug inside the salame i believe lol
@  Lootanery : (17 August 2017 - 09:21 PM) yea kind of - because the varity of warm dishes becomes less if you eat that stuff all day
@  gelsas : (17 August 2017 - 09:21 PM) but I will need to find a good way/explanation why I have 32 kg of salame with me haha
@  gelsas : (17 August 2017 - 09:20 PM) Haha alright I keep that in mind
@  Lootanery : (17 August 2017 - 09:20 PM) bag*
@  gelsas : (17 August 2017 - 09:20 PM) I like the western way, 1 or max (rarely) twice a day something warm

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Stoch your trade

Binary Kiss Boli-rsi-tenkan 5 min Strateg

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#1 PG275

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Posted 29 September 2016 - 04:00 AM

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Hi Guys,

 

Here is another system which can give potential ITMs if followed exactly in the description below

 

I call it Stoch your trade. Just a random name lol :D 

 

Lil bit about Stochastic Oscillator - Everyone knows about Stochastic and its Overbought/ Oversold zone and generally used as a Reversal strategy mostly. So when price crosses OB then Sell when reversing and when price crossed OS then Buy when reversing.

 

This is nothing new but it doesn’t show perfect trades always.

 

Apart from the OB & OS zone which is 80 & 20, we will also on focus on middle zone which is 50 in this strategy. This 50 zone is the place where price goes for continuation or reversal and trend set up form.

 

Indicators -

 

  1. 2 Stochastic - Settings - 13, 1, 3 & 8, 3, 1 - 2 Stochastic with different settings are used to eliminate false trades.

  2. Simple Moving Average - 50 - Simple MA 50 is used to identify Trend. Price above MA is Trend is Upwards and price below MA is Trend is Downwards. If MA is moving sideways then there is no Momentum in market.

  3. Support & Resistance levels - Support & resistance levels to identify whether price is going to break or reverse previous levels.

  4. Heikin Ashi candles for confirmation of trade.

 

Rules - Reversal Call

 

  1. Price should be above MA 50.

  2. Both Stochastic line should touch 20 level and point upward movement. Both stochastic lines should be very close and should look like 1 line.

  3. Heikin Ashi candle should form Pin bar or turn blue.

  4. Enter trade for next 3 to 4 candles for 15 to 20 mins.

 

c69c929858b1abb4f6a5417b790de964.png

 

Rules -Trend Call

 

  1. Price should be above MA 50.

  2. Both Stochastic line should move below 50 level and then there is a reversal move above the 50 level. Both stochastic lines should be close. It is observed that both stochastic don’t form 1 line most of the time.

  3. Heikin Ashi candle should form Pin bar or turn Blue.

  4. Enter trade for next 3 to 4 candles for 15 to 20 mins.

e45624d03609df7453ac96513b8d6958.png

 

Rules - Reversal Put

 

  1. Price should be below MA 50.

  2. Both Stochastic line should touch 80 level and point upward movement. Both stochastic lines should be very close and should look like 1 line.

  3. Heikin Ashi candle should form Pin bar or turn red.

  4. Enter trade for next 3 to 4 candles for 15 to 20 mins.

 

0a5333c750aae233ecc6e53744a017a7.png

 

Rules - Reversal Put

 

  1. Price should be below MA 50.

  2. Both Stochastic line should move above 50 level and then there is a reversal move below the 50 level. Both stochastic lines should be close. It is observed that both stochastic don’t form 1 line most of the time.

  3. Heikin Ashi candle should form Pin bar or turn red.

  4. Enter trade for next 3 to 4 candles for 15 to 20 mins.

 

dd5d793edb22a97c198911a2a6fae0f6.png

 

Please note: Now there will be Call trade setups below the MA & Put trade setups above the MA which may result in ITM however it is not sure and I don’t take them coz I want to stay with the trend.

 

I want to answer few questions which will come up now or later.

 

Q. What is the ITM%

A. It is 70% for me and I’m good with that.

 

Q. How often do we get trade setups?

A. I can say 1 setup in an hour in 1 pair.

 

Q. Which pairs do I trade?

A. Major USD & JPY pairs only.

 

Q. How often do I trade?

A. I trade very rare and focus on perfect setups. If I get 3-4 setups then I’m done for that day. I prefer quality over quantity.

 

Q. Can we make an EA?

A. Yes it is possible and if you know how then please go ahead but I don’t have any knowledge about it. I believe in manual trading more.

 

I didn’t post the indicators or template for this strategy coz it is available in any platform and can be downloaded easily. Coming to 2 Stochastic, Add both in chart and then drag 1 on another one so you get overlaying Stochastic.

 

This strategy is also based on Keep it Simple & Stupid system.

 

Demo it before you go LIVE.

 

Cheers PG

 

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#2 singu

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Posted 29 September 2016 - 04:10 AM

I like simple :)

 

I'll try it when i get more time and share results. Thanks


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#3 ahmetesk

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Posted 29 September 2016 - 04:55 AM

Nice strategy 


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#4 iamkazi2050

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Posted 29 September 2016 - 06:42 AM

please post your template



#5 PG275

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Posted 29 September 2016 - 07:10 AM

USDCHF - Trend Put trade - I missed the previous pull back trade. There were few Heinkin Ashi pin bars but Stochastic didn't show any confirmation. After a pull back from 40 zone downward on both Stochastic and entered trade for 20 mins.

 

d7454a35fcef4c126ec8235e942b78ad.png


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#6 onewrite

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Posted 29 September 2016 - 12:37 PM

A very nice strat


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#7 onewrite

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Posted 29 September 2016 - 02:04 PM

Took 2 trades both ITM.  Both trades 15min

 

https://charts.mql5....ial-limited.png


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#8 JasonVoorhees

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Posted 29 September 2016 - 03:10 PM

Easy and effective, I will say just that.

 

Don't trade against the trend and out of the OB/OS


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"Insanity is doing the same thing, over and over again, and expect different results."

- Albert Einstein


#9 Saygin-TR

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Posted 29 September 2016 - 03:19 PM

Easy and effective, I will say just that.

 

Don't trade against the trend and out of the OB/OS

Hi bro.. Right, agree you. But choppy time ?


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#10 JasonVoorhees

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Posted 29 September 2016 - 03:40 PM

Hi bro.. Right, agree you. But choppy time ?

Sup Dude, the heiken itself filters a lot of the noise, but you made a good point, you must be able to identify whipsaw, and avoid ranging markets (which heiken helps you, just avoid when you see a signal with wicks on both sides of the candle), it is good to know some PA and give preference to those candles without wicks on the opposite side of the trend direction.


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"Insanity is doing the same thing, over and over again, and expect different results."

- Albert Einstein


#11 onewrite

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Posted 29 September 2016 - 06:45 PM

Okay so what is the point that you are trying to make



#12 PG275

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Posted 29 September 2016 - 10:55 PM

Took 2 trades both ITM.  Both trades 15min

 

https://charts.mql5....ial-limited.png

 

Nice trades onewrite.



#13 PG275

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Posted 29 September 2016 - 10:57 PM

GBPUSD Trend Call setup - Perfect rebound of Stochastic from 50 zone and forming 1 line which is rare

 

2f6bd7ec55067a34240f439e6280455f.png



#14 PG275

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Posted 30 September 2016 - 02:27 AM

Here is another Trend Put setup on GBPUSD - Rejection of Stochastic above 50 level zone and entered trade for 4 candles (20 mins)

 

32334d90c395af2b357922d3912fd45b.png



#15 onewrite

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Posted 30 September 2016 - 06:10 AM

https://charts.mql5....ial-limited.png

 

ITM, trade 15 min.

 

You have to use PA with this strat, on this entry it was a clear bounce from support, but I waited for confirmation before entry


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#16 PG275

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Posted 30 September 2016 - 06:21 AM

https://charts.mql5....ial-limited.png

 

ITM, trade 15 min.

 

You have to use PA with this strat, on this entry it was a clear bounce from support, but I waited for confirmation before entry

 

You are correct onewrite. PA is important and both stochastic help to identify it.

 

Can you share your template here. Some folks may need it.



#17 onewrite

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Posted 30 September 2016 - 06:23 AM

https://charts.mql5....ial-limited.png

 

ITM 15 min trade.

 

Once again waited for PA confirmation before entry


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#18 ruhul

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Posted 30 September 2016 - 06:24 AM

https://charts.mql5....ial-limited.png

 

ITM, trade 15 min.

 

You have to use PA with this strat, on this entry it was a clear bounce from support, but I waited for confirmation before entry

Hi, would you mind to share your template please!



#19 onewrite

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Posted 30 September 2016 - 06:27 AM

You are correct onewrite. PA is important and both stochastic help to identify it.

 

Can you share your template here. Some folks may need it.

 

Sure Attached File  PA stoch trade.tpl   3.67KB   471 downloads


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#20 PG275

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Posted 30 September 2016 - 07:16 AM

Trend PUT trade on EURUSD - 

 

3c25bbf6eaef95b16ac0462375aed7ad.png


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