Hi Guys. k2kvHi Glenn, Wow!! So much information to absorb. But, what do you mean by "Zero bounce?" Also, when you say "no momentum," are you basing that on the AC indicator being near the zero line? Yes zero bounce is when the pair come to the zero ...

The Art of Trading with MTF Stochastics

I must add.....my charts are my view and only a guide,,,, please make your own trade's....based on your charts/indicators....If you wish to use some of the indicators I post then please try them on a DEMO Account untill you learn how to trade with ...

The Art of Trading with MTF Stochastics

The Eur/Usd chart is a zero bounce.....be carefull no momentum can go any where...... but with the stoch in overbought area......more likely to fall.........but its a no trade... Glenn

The Art of Trading with MTF Stochastics

my chart was for Usd/Jpy.... althought looking at the chart you posted its a buy as well....just be carefull at the 4/8 line.... It may move to the next octave....( 4/8 to 8/8)......so if she powers passed the 4/8 line lock in the profit and let her ...

The Art of Trading with MTF Stochastics

PipAV8tor Thanks for the file....I agree it works well.....but I think I will leave you to sit in front of the computer all the time... Glenn

The Art of Trading with MTF Stochastics

Just to follow alone with the setup....I have included a Daily U/J..todays new candle.... Note I entered on the Stoch, I did not wait for the new bar over the zero on the AO indicator... Again note we are coming off a 1/8 th line.....possible target ...

The Art of Trading with MTF Stochastics

K2Kv just looking at your chart again and I see with intrest that both the entry 0/8 and exit 3/8 are close to the pivots on your chart.... That again would confirm the support / resistance of the two areas.. Glenn

The Art of Trading with MTF Stochastics

Those looking for a slower moving pair the G/U looks like it maybe setting up as well..

The Art of Trading with MTF Stochastics

Hi k2kv Yes you followed it correctly......you bought in over sold area..-1/8 and you were wise to take the profit at 3/8 as you were going against the 4hr and daily trend.... Also there was a nice candle setup on the 1hr...showing a retracment and ...

The Art of Trading with MTF Stochastics

I use a different set of indicators......if k2kv agrees i will post a daily setup....agin one I have cobbled from different methods....I check the charts at the start of the new candle....maybe a 15/20min excerise then I go and do something else. I ...

The Art of Trading with MTF Stochastics

Thankyou for your comments. I agree with your comments re: Daily/4hr on the G/J and I would discourage anyone new or with limited experince from trading this pair and would sujest they look at the eur/usd, gbp/usd or the aud/usd......where a SL of ...

The Art of Trading with MTF Stochastics

CanuckCT I have posted my Absolute strength inicator, which looks different to the one you have on your charts.... As far as useing it goes just wait till the red or blue comes off the bottom , the dotted line cross's the solid line and watch the ...

The Art of Trading with MTF Stochastics

This is the Euro....present chart....I have not taken the trade as I am concerned about the volume and the other points I raise in the pic... The point of me posting this is to show when i would not enter.. Glenn

The Art of Trading with MTF Stochastics

Hi Joe. Yes you will see on my charts the stoch setup, I use it in conjuction with the other indicators, MM lines and candle patterns.. I started using stoch indicators a long time ago when I discovered the rainbow method by Guppy, I converted that ...

The Art of Trading with MTF Stochastics

Hi Joe. The indicator is a Murry Math indicator, and it works of the Gann octaves of 8-8ths....therefore the move from high to low is broken into 1/8th segments, the idea is if the pair are trading at say 8/8 or +1/8 then it is over bought and you ...

The Art of Trading with MTF Stochastics

Should also add the following pic.. I hope this helps..

The Art of Trading with MTF Stochastics

Thankyou....after 7 years you would think I have learned something...lol Yes the Murry Math lines draw automatically.....working of the Gann octaves... Glenn

The Art of Trading with MTF Stochastics

To add why I exited the trade when my indicators showed a possible strong move long.... the time is between NEW YORK close and TOKYO open therefore low volume and its against the present trend... I will wait till TOKYO stock market opens then see if ...

The Art of Trading with MTF Stochastics

Closed the trade on the 3/8 line as the momentum shows a fall back...profit of 70 pips..... Glenn

The Art of Trading with MTF Stochastics

This is a trade I have right now just to show the setup working... I will up date this trade later.. Glenn

The Art of Trading with MTF Stochastics