Indicators stochastic Oscillator 8,3,3, help you for see next prediction running pips. If position near top (level 80), it’s not good for take new position, because next prediction, will still going up.
If line cross down from level 80 and break down level 80 for going down, it’s good for SELL position. Remember, line indicators must cross and going down.
And if line indicators cross up and broke up level 20, it’s good for take BUY position.
Another my favorite indicators is stochastic oscillator /Stoch (5,3,3)
I use this indicators at TF M15, M30
I will take buy position if main and signal going up from level 20 (at TF M15), and close it if main and signal make cross to going down, usually at level 75.
I will take Sell position if main and signal going down from level 75 (M15) and close it when both going up.
That’s it.
Disclaimer
This information is free. But we are not guarantee that our prediction is true and give you profit. Use this Information wisely. trading currencies at forex markets not really easy. Learn forex trading with forex trading course at forex trading online for managed your forex tradings.
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