Great entry example, here's the exit...I'd exit on the short triggers and take the 35 PIPS. You can see if you ride this out the result is not great as the up trend is slowly turning on us. Notice that the MUST EXIT point here is when the long is no ...

Spud's Predictive MTF Stochastics

Can you post your chart for your entry time.

Spud's Predictive MTF Stochastics

I'll being providing more.

Spud's Predictive MTF Stochastics

Remember the M30,H1 and H4 are your guages, they tell you how things are generally, where you are in the world, etc. You don't need these to trade this method, but if you are familiar with MTF Stochastics they can be a great help in allowing you to ...

Spud's Predictive MTF Stochastics

Can you post your "normal" M15 stochastic for that trade time frame....I'd like to see your M15 versus mine.

Spud's Predictive MTF Stochastics

My winning percentage is very high...extremely high with this sytem. I can't give you exact % because I use a variety of ways to exit. If I were to simply exit on the opposite trigger, this would give the highest % wins but not neccessarily the ...

Spud's Predictive MTF Stochastics

I've created a chart in the same time period as yours to show you were entries should have been. The long entry comes when the M15 %K rises from where the M15 was when the M5 long trigger was hit. The M5 short triggers that appear are never ...

Spud's Predictive MTF Stochastics

Here's a good example of what could be a late entry. This is where the chart closed on Friday and on the open we could jump into the short trade. However, we'd want the price much closer to our entry of 2750 as we would be giving up 8 PIPS plus ...

Spud's Predictive MTF Stochastics

The Long Entry - The Basics — The Long Entry 1. The M5 long trigger must appear first (at close of 18:55 candle or 19:00 on the chart below). This is when %K on the M5 stochastic is under 10%. This is an alarm bell not an entry. Our early ...

Spud's Predictive MTF Stochastics

My last word on fish hooks....because I don't want this to turn into a fish hook discussion. I just want you to be aware of their existence and using them as a morale booster. The chart below shows first and upward trend fish hook coming just before ...

Spud's Predictive MTF Stochastics

Fish Hooks — DO NOT USE FISH HOOKS AS TRADE INDICATORS Below is a perfect example of what I call a fish hook. We use fish hooks only to help us predict or support our trades. Some might be tempted to use a fish hook to gain early entry or ...

Spud's Predictive MTF Stochastics

I use maximum zoom on all levels....or at least enough zoom so that each grid line lines up with a candle for each time frame period. For example M15 will show grid lines every 15 mins....I believe that is maximum zoom.

Spud's Predictive MTF Stochastics

Yes, this can be quite confusing. We only want the last closed candle not the one that is currently alive. Below is a stoch indicator that eliminates this provided by Skyline.

Spud's Predictive MTF Stochastics

Yes, you can wait for a long candle if you prefer, but no guarantee the next candle after that will be a long one. Better to just hop on and take the ride., you are not going to get into too much trouble with these kind of trades.

Spud's Predictive MTF Stochastics

The trade before.....again late in the day so I'm looking to exit on the first M5 trigger or on PIPS. Here I was aiming for 30 PIPS at the start but if I hadn't hit the exit trigger I would have started to reduce my PIP target as the week neared ...

Spud's Predictive MTF Stochastics

Here was a nice quick 12 PIPS near end of day. This was only entered to grab a few quick PIPS but it worked out that we had an exit trigger pop in anyways to make the trade easy. This took a while to enter and after the M5 Long trigger but waited ...

Spud's Predictive MTF Stochastics

To perhaps simplify things, I'll demonstrate using only the looking at the first 2 rules and M5 and M15 only. I'll completely forget about looking at M30, H1 and H4 for now. I've picked this trade to show you how this sytems catches an upward price ...

Spud's Predictive MTF Stochastics

We don't want to go here into the land of "iffy" decision making. Follow th efirst 2 rules and they are 99% of the system. Slopes, ma, are just going to confuse your trades, not help make better trades.

Spud's Predictive MTF Stochastics

A few things after reading the last few entries: M5 price up or down is calculated from the trigger close to the entry close. Note: There is a thing I call the "fish hook" that I promise to demonstrate this weekend. Slope of %K does not matter. UP ...

Spud's Predictive MTF Stochastics

October 30 19:00 96 PIPS Long in a H4 Down Trend — Here's a fairly simple long entry with a little tricky exit. This is by far a fairly confident entry with M5, M15, M30 and H1 all starting low. The H4 way up there isn't great, but it ...

Spud's Predictive MTF Stochastics