Forex trading strategy #3 (Stochastic High-Low)

Hi, my name is Eric

how much will you pay me for giving you the best strategy?

I mean, look around, people are working hard to make this unparalleled source of strategies, so that you can enjoy studying the best systems for free, yet you seem to be taking it for granted...

You shouldnt use stochastics alone, when you use basic strategies use EMA OR SMA

5,3,3 perfect for EURUSD M15, Enter only when the crossing is withing 20-80 ,
Beyond 20-80 crossing try just to exit, M5 cannot be traded with this strategy

Hi,

Can you stochastic on a 60 min chart>

Put Stochastic on 60 min chart? Yes.

hi Edward thx b4 4 sharing with Us
Im Ringo,
i found on some trading platform stochastic indicator but there always 2 type fast and slow, can U tell me what the different ??

In simple words, Fast Stochastic is faster and more choppy and Slow Stochastic is slower, but much smoother.
The difference is in the formulas, where Fast Stochastic uses the original formula, while Slow Stochastic additionally smooths out one of the parameters (K% line).

Since the introduction of the Slow Stochastic, many traders give preference to it over the Fast Stochastic.

Kind regards,
Edward

Hi Edward,

Thanks for your comments,

You have suggested what other indercators to use with this stratagy, could you just confirm in detail how you would play this stratagy.

Thanks