Correct close of candle....I entered 5 secs before close

Spud's Lab Accident

Here's an agressive entry, not waiting for 14,3,3 to cross down 100,3,3: (I canged the chart colours a bit for clarity) My S/L is large at +20 above candle high. Update: Way too early ...moved stop loss to 2657 +20 Pips of new high to ride out wait. ...

Spud's Lab Accident

Same trade window with Must Exit reached (4 green bars in MacD) Hopefully we would have exited before this, but if not it is pretty much break even.

Spud's Lab Accident

Here's my last short trade. I set a 10 PIP S/L from my entry candle high, and targeted 10 Pips net (14 pips with spread). I exited before a must exit signal appeared. I cheated and took the stochastics meeting as a crossover.

Spud's Lab Accident

Yes.

Spud's Predictive MTF Stochastics

You can say it like that. I think you have a few more tools in your arsenal with PMTFS to be able to pick off trades with close Origin and Price Line spreads...but in the realm of trying to pick trades that are safe and that will make you PIPS in a ...

Spud's Predictive MTF Stochastics

There are many many formations of the stochastics. The idea of the balls was to recognize how they move. For example, when M15 and M30 (and even H1,H4 and daily) are all down or headed down...and M1 and M5 are down...then it will be M1 and M5 that ...

Spud's Predictive MTF Stochastics

And an example of why we want spread between our Origin and Price Lines or our Origin/Price line at an extreme...otherwise you might see a stop loss like teh chart below. Risky setups like the last 2 charts ...sometimes they work and sometimes they ...

Spud's Predictive MTF Stochastics

I'm posting my normal "coloured" charts as my eyes are starting to suffer from retina burn with the white background....which I only use for the benefit of printing. Hope you don't mind.

Spud's Predictive MTF Stochastics

Yes...or equal too.

Spud's Predictive MTF Stochastics

Good question and observation. We've added a couple of elements here that add more opportunity.....or different opportunities. Certainly you could play it under those rules only. With the use of the IB and a tighter stop we have good opportunity. ...

Spud's Predictive MTF Stochastics

Apologies, the M5 was incorrect it should be 14,1,1...I've updated the chart.

Spud's Predictive MTF Stochastics

PWC AND IB — PWC AND IB Here's the same thing, but perhaps a little more black and white entry and exit strategy. In this scenerio, we use PMTFS only as confirmation our stochastics are in a support position. The trade entry and exit is always ...

Spud's Predictive MTF Stochastics

Your doing a wonderful job Cindy!

Spud's Predictive MTF Stochastics

Open the "Navigator" window and it will list all the indicators....add a stochastic to your chart....then drag the stochastic indicator from the Navigator Window to your stochastic indicator on your chart, change perameters, repeat.....or use the ...

Spud's Predictive MTF Stochastics

Inside Bar Diagram — Here's what a inside bar looks like

Inside Bar set up with stochastics

Platforms that only allow 8,3 will call the indicator "Slow Stochastic". For example a slow stochastic setting is 8,3,3. These platforms also have "Fast Stochastic". For example a fast stochastic setting is 8,3,1. So use the Slow Stochastic ...

Inside Bar set up with stochastics

Good catch Thx.

Spud's Predictive MTF Stochastics

With Price Line reaching the 38.2% Fib (4) and our M5 showing a Long Trigger on the PMFTS, it really is a good idea to exit now. If you want to target the 23.6% Fib, I would set my S/L at 44% (half way between 38.2 and 50) and if the Price Line ...

Spud's Predictive MTF Stochastics