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Dan_Main
Dec 29, 2013 2:24 AM

Stochastic Donchian 

New Zealand Dollar/U.S. DollarFXCM

Description

When the Stochastic overlaid on the price chart is going down AND the price closes below the middle line of the Donchian Channel AND the bottom Stochastic breaks below the 70.0 line, sell down. Remember ALL THREE have to be in place in order to take the trade, IF ANY ONE of the three conditions fails to maintain their direction, close the trade even if there is a loss. Reverse for long trades.
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