Actually yesterday was a variation of the method. Today I'm trading strictly the ATM method and I'm two for two so far.

Tkpower8 ATM

I started at 8:00GMT and picked up +125 on eurusd and +31 on usdjpy..I actually just closed both trades.

Tkpower8 ATM

Thanks Canuck! I've placed 10 trades using this system today and haven't lost one. I know a loss is coming but the small SL and 80% chance of getting that back and more makes this a very attractive system. It's making trading fun again.

Tkpower8 ATM

I am..I just fudged a tad on that one because I had a good feeling it was going down more.

Tkpower8 ATM

I personally wouldn't have taken that one because it's too far from the 21 SMA for me.

Tkpower8 ATM

That line shows my entry. I'm still working on my exits.

Tkpower8 ATM

Another good trade using this — I picked up another +19 pips at the vertical line.

Tkpower8 ATM

eurusd trade — I took the short at the red vertical line. Since we're up against a pivot point I'm out...+30 pips profit.

Tkpower8 ATM

Great system — Thanks TK for posting this. I've just started looking at it last night thanks to Forexweasel's recommendation. I'm 4 for 4 right now with my latest trade right now picking up +34 on eurusd.

Tkpower8 ATM

I use MT4 only for charting purposes and Oanda for the actual order placing. I keep two windows open, one MT4 and the other the Oanda platform.

MTF Stochastics

Wednesday morning — I missed the eurusd rally this morning but I picked up +207 pips on usdjpy with a trade that I had running since yesterday afternoon. Small lots though since I wasn't sure which way the trade would go and I actually forgot ...

MTF Stochastics

Here you go. Man I'm missing out on the good move up due to the interest rate cut. I knew it was coming but just my luck that I had to leave the office and be away from my computer at the time.

MTF Stochastics

Sure, no problem. This system does require patience and that was the hardest thing for me to learn. Once you get that part down, you will find yourself rewarded with very good trades again and again. As Spud says, there's no sense in putting ...

MTF Stochastics

eurusd — I seem to always fall asleep right before the big move up. I stay up waiting and right before it turns to run up, I end up falling asleep. So here we are yet again in the overbought market. I don't think a short is likely especially ...

MTF Stochastics

Good to hear from you :-) No, I wasn't looking at the divergence but I do pay attention to it normally, just not this time. Also, I'm not trading with the 5M, only the 4h/1h/30m/15m. I'll enter when I see the M15 stoch turn.

MTF Stochastics

elastic trade — I knew the way things were trending today, that a short wasn't likely so I waited patiently for the elastic trade. As Spud says, after you watch these stochs for so long, you begin to pick up on what direction things are going ...

MTF Stochastics

Another setup — It's Monday morning and this pair is moving upwards strongly. I will either wait for a retrace or for the 15M to pull away and ride an elastic trade back up.

MTF Stochastics

eurusd Trade — Alright, it's Sunday night and I'm looking at the charts. All the stochs on the eurusd are overbought. We'll see if we start to get a breakdown in price or if things will stay in the overbought range for a while. **EDIT: Stochs ...

MTF Stochastics

Thanks!

MTF Stochastics

Posting Trades — Starting this week, 12/15/2008, I will begin posting my trades using Spud's MTF Stochastic system. I invite all to chime in with questions, comments, and suggestions. I wish to express my sincere thanks to Spud for his ...

MTF Stochastics