Get started

Ultimate Oscillator (UO)

ULTIMATE Strategy : Huge profit ratio : WATCH THIS**Hello traders ! My name is Alex and Im a 21 years old trader and business man from Canada. For the last 3 months i've work on finding the perfect stochastic/rsi combo on multi time frame . I've found and backtested a lot of system using 3 to 8 different time frame stochastic/rsi at the same time . Some of these system are giving me a 75% win ratio with R/R : 1 , without** any other technical analysis . (584/786 trade test on 6 months , 10 major pairs , specific TP and SL ) -- Forex & Oil But when we add these system with a technical analysis ( Fibonacci , trend , support , etc.. ) , It's another game : huge profit ratio , small or no drawdown & unreal risk/reward. By following me you will receive some good technical analysis wich I use in combo with alot of different RSI/stoch system . If you want to trade this strategy by yourself I recommand that you practice in demo before . The indicator is CM Stochastic Multi-TimeFrame , thanks a lot to the creator ! ( See in related ideas ) Otherwise if you want some additional information you can contact me in private. If wou want to thanks me , please like & follow . Good trading !
by Foralex
5
SPX Has a downside biasThe ultimate oscilator has made a notable divergence and looks to be breaking to the downside of the triangle it has formed. Slow stochastics has a downside bias look to it imo. I am not planning to sell at friday's lows, although would look for observed resistance on rallies to sell the es. I believe the es & spx are in a sell the rallies mode at the moment. Until price shows me something different, I believe the es and spx could correct further. Thinking out load the es could trade to 1854 to 1879 or I am smoking to much crack.... Levels of interest next week 2115-2120 sell the rallies. Downside targets next week 2072 2034/32 Don't have a chrystal ball at the moment so please forgive me if the levels are all quackery. As always, I will use a stop if I am wrong. IMHO, not having a stop is like having sex with an aids patient, might get away with it once or twice, but eventually you will get caught. Note, I can change my mind in a moment if market conditions change.
SP:SPXShort
by elp
GBPAUD hits the bottom of the channel, go long!This looks like a good one. GBPAUD has been trading in a channel and has now reached the bottom of that channel or the trendline if you prefer. It has also retraced to 61.8% of the last Fib and also looking at the chart I see a divergence (green line) between the price action (higher lows)and the ultimate oscillator (lower lows). Not only that but after checking the 4 hour and the one hour charts I got 2 nice hammers rejecting both the 61.8% and the trendline/bottom of the channel. My first and more conservative target would be 1.96180 (the 23.6% retracement of the last Fib) and my second target would be a complete retracement to 2.00127. When and if the price hits this level I will have to analyse the price action here and, if the signals are good, I will go for another long until the top of the channel.
Long
by TradingTipster