Double Stochastic Forex Trading Strategy ✌ #forex #money #market

Double Stochastic Forex Trading Strategy ✌ #forex #money #market



Double Stochastic Forex Trading Strategy ✌

Double Stochastic Forex Trading Strategy ✌

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The Double stochastic trading strategy. www.financial-spread-betting.com/academy/forex-stochastics.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is for forex (major pairs) but might also work on indices and very liquid stocks, we’re looking at an hourly chart and is more of a day trading strategy.

Stochastic Oscillator Trading Strategy
Here we have AUD/USD on a 1 hour chart; I have two Stochastics on the screen as well as a 20 period exponential moving average. The first stochastic is set at percentage K – 21, percentage D – 4 with smoothing set at 10. The second stochastic is a bit quicker with percentage K – 5, percentage D – 2 and smoothing set at 2. So we have a slower stochastic (which is displayed on top here) and a faster stochastic. This means you are not relying on loads of different indicators which can work in certain conditions but can also easily confuse you. The slower stochastic is going to give you a broader overbought and oversold condition. The faster stochastic is much more sensitive so its going to trigger overbought and oversold by the little pullbacks over the broader moves.



15 Comments
  • Gettem Rollin
    Posted at 13:04h, 10 October

    Thanks, never seen this one before, I will give this a back-test on Bitcoin, should have the volume there for it to work.

  • KangoKid Kidd
    Posted at 12:24h, 10 October

    i am on my Nadex Platform, how do i add 2 of the same indicators,,,,,every time i click on it it takes away the first one…please love your videos…I am at work and would like to stay at home and make money…any 20 minute stragedy's please….i am in demo, my real account is wiped out ….broke

  • Aswhin Revankar
    Posted at 11:51h, 10 October

    I've one question, suppose my long trade is running (Intra Day) and I'm in profit whole trend is in up move and all of a sudden one big down candle comes and takes out all my profit. How can I save myself from this. My stop is also very wide but still it got hit. Is it due to Market Operators or Brokers ?

  • Rafał Kościński
    Posted at 11:38h, 10 October

    I'm wondering could you do a tutorial on how to identify impulsive and corective moves and swing highs and lows with sort of an objetive and not discretionary Way?

  • KangoKid Kidd
    Posted at 11:29h, 10 October

    Anybody please ohhhh fi…

  • Kiko Castro
    Posted at 10:52h, 10 October

    wow….I will explore this. Thanks!!!!!!!!!!!!!!!!!!

  • Roger Aronson
    Posted at 10:36h, 10 October

    This makes sense. Seems high probability. Will test this . Thanks

  • kinn sidd
    Posted at 09:44h, 10 October

    Looks good to me.

  • mahi islam
    Posted at 09:28h, 10 October

    thanks

  • Mr.Chai
    Posted at 08:44h, 10 October

    Thank you sir

  • John Wilson
    Posted at 07:54h, 10 October

    Is there a bearish engulfing pattern to the upside?Because I see them…

  • Glen K
    Posted at 07:02h, 10 October

    Thanks for this interesting strategy idea. I will have to say though that from my back-trading with this method so far, the entries are sometimes unclear, and sometimes one of the two Stochastic indicators is giving a false signal. (Worth noting: more false signals occur during consolidation and news events throw off indicators.) But I'll mess around with this and see if any worthwhile consistency can be found.

  • Justin Mcnabb
    Posted at 06:42h, 10 October

    Sweet, i have a very similar technique. I use 50,1,3 and when that crosses the 50 level i look at 8,5,3 to go oversold/overbought to enter at a kind of rainbow ema river of 9,14,20. You only take the first enrtyu after the longer stochastic crosses 50 to limit bad signals

  • Aron Brooks
    Posted at 06:14h, 10 October

    Hello sir can you make video how to trade bitcoin, what strategy to use with trading btc, what is better swing,or intraday trading for btc, Or what is better price action + VSA trading or indicaror trading. And all of that with trading bitcoin please if you can then make that video lease SIR!

  • Thomas Immler
    Posted at 05:46h, 10 October

    cool interessant

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