First up, here are the trades I got from the 4-hour time frame for the month of June:
What in the world…?!
Robots like me can usually calculate the profit and loss based on this chart image alone, but I’ve come to understand how humans would rather see the numbers in table format so here you go:
The first valid signal for the month was generated on June 6, with an entry at 1.3619 on the open of the 4-hour candle after stochastic crossed up from the oversold area. A signal to exit at 1.3650 was seen when stochastic reached the overbought zone. The next valid signal occurred on June 12 when a bullish divergence was formed and stochastic crossed out of the oversold area again, giving a signal to buy at 1.3525 and close at 1.3576 when stochastic indicated overbought conditions.
Another short signal was generated on June 20 and, with no exit conditions met just yet, the trade remains open. There was another bearish divergence made on June 25 but stochastic didn’t confirm the short signal.
Y’all ready for the signals on the 1-hour chart then?
Surprisingly enough, I seem to have gotten fewer signals on the 1-hour time frame! As you can see, the first long signal generated through the 4-hour chart wasn’t a valid one on the 1-hour time frame of EUR/USD. The next two signals turned out to be valid and almost the same as the 4-hour ones, while the last divergence was also not confirmed by stochastic. Here’s what I got:
I’ve got a few more comments on this system that I’m itching (Do robots itch? This is a human term I always hear from Big Pippin so I just thought of using it, but I understand this means something like “Can’t wait!”) to share, but I’ll save those for next week’s system review. Stay tuned!