Make all possible mistakes in demo and rain in pips in live account
HFM Demo Contest All Time Return:
-4.8%
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DislikedA stoch setting of 8/3/3 more or less mirrors a 10 SMA. You are measuring the 8 SMA, but have a slowing factor added to it. It is not exact, but close enough. So, when the line of your stoch crosses 50, then price should be crossing the 10 SMA. The stoch is not built to show the full range of motion of how far price moves from the 8/10 SMA, so that is why it gets stuck above 80 and below 20. 80 and 20 mean nothing really. Using a 3 for your crossover line isn't much help either. All in all I would not use this tool and those settings. But, of course,...Ignored
DislikedThank you for your response. I sell NZD / CAD, whereas a loss, what is your opinion on this pair? Thx.Ignored
DislikedAm currently following only Gold and not Crude because of my EURUSD short position. Crude could be used to trade USDCAD. Am not in USDCAD right now. About the EURUSD short, the weekly is making Stochastic-based setup. We can only judge that at the end of the trading week. I don't want to get into that now, until Friday when market has closed.Ignored
Disliked{quote} 9j. what do you mean by Crude could be used to trade USDCAD ?Ignored