The 4H stochastic is very accurate for entry so long as you don't enter too early. The last few days I have gone from yin to yang and am studying the failures more closely to see what common attributes exist. I hope to compile a more comprehensive ...

MTF Stochastics

I pulled in 142 pips on Thursday and Friday combined on GBPJPY using strictly Spud'd MTF Stochastic System And I slept in on Thursday entering late, making me miss 70 pips I could have taken extra....but I'm not complaining.

MTF Stochastics

Entry for a long: The 4H stoch crosses from below 20 to above 20. The 4H must close above 20. Prior to that or at the exact same time you should have confirmation from the 15/30/1H of doing the same. More relevant is that there are no smaller time ...

MTF Stochastics

Danger Signs — There are situations that can make what looks like a good trade a bad trade. They do happen infrequently but they do happen. These are the signs I have detected so far using Spud's MTF Stochastic System: 1. None of the 15/30/1H ...

MTF Stochastics

Spud's Mtf Stochastic System Goes Live! — Results from the first live trade of Spud's MTF Stochastic System GBPJPY Short 8:00 GMT Maximum Draw Down: 15 Pips Entry at 4H 80 cross @ 239.41 15M Exit +40 Pips 30M Exit +69 Pips 1H Exit +61 Pips 4H ...

MTF Stochastics

Chart from May 1, 2007 — May 1st brought a long drawn out 4H short trade on the GBPJPY. In this instance the 15/30/1H crossed the 80 prior to the 4H crossing the 80. All time frames passed the Spud50 line and the exits brought some wide spread ...

MTF Stochastics

Well you might then have the first cat ever to trade Forex

MTF Stochastics

Here is a long example. Here we have the 15/30/1H meeting the 80/20 rule prior to the 4H crossing at 20. In this example the Spud50 is quite wide. If you look closely at the 4H exit on the 4H chart you will see the stochastic crossed the 80. On this ...

MTF Stochastics

The SPUD MTF STOCHASTIC SYSTEM — THE SPUD MTF STOCHASTIC SYSTEM ------------------------------------ Many people have asked about an exit strategy, given this is the hardest part of trading. I've been doing some experimenting and have combined ...

MTF Stochastics

Mine are low/high...since he does everything opposite of me...my guess is his is close I don't know how he sets that parameter on his stochs.

MTF Stochastics

Actually, every correct entry is this pretty. The picture below is the last 3 long signals on the 4H chart. The red lines clusters are all where the 15,30,1H and 4H time frames crossed 20....see how close they are together? If one chooses to use the ...

MTF Stochastics

Understanding Time Frames 2 — Ok, so we now know small time frames working together will move a large time frame. In this regard to move a upward day trend will require a combination of short moves working together in the short time frames. So ...

MTF Stochastics

Understanding Time Frames — I thought I'd post an explanation on time frames in more detail. Hope it helps. As you know by reading this thread we look for a long entry into a trade by looking for mutliple time frames crossing up above 20 as ...

MTF Stochastics

Fortunately (?), unfortunately (?) another option to trading MTF Stochastics

MTF Stochastics

This is the 1H chart so that is why you see the cross. Yes you ignore the 15/30 once they cross but watch them only for next entry signal. The 1H is your final entry signal, so if the 15/30 crossed the opposite way before the 1H crossed they would ...

MTF Stochastics

50 Rule - 2 — Here's another chart... It is a 1H chart. Blue lines show the long entries and red lines the short entries. Multiple lines around an entry are just the variations of when the time frame crossed the 50%. I believe the zones (38.2 ...

MTF Stochastics

The 50% Rule — This was sent to me in a rather lengthy e-mail today with about 50 pages of proof charts from 2006 to current! I asked that I could post a summary here for him so that you could all see this. Basically this is the same system I ...

MTF Stochastics

Interesting idea. I'll give it a look.

MTF Stochastics

Below is a picture of the 1H GBPUSD chart. The thick red vertical line on the left side is where the Day chart gave an indication to sell using the 5,3,3/14,3,3 stochs. In reality by using the 2 stochs on the day chart is the equivalent of having 2 ...

MTF Stochastics

I scalped on 5M for 5 pips when the 15/30 were in the same direction and tried to go with the trend. However, I improved that by a leap when I threw in the 14,3,3 stoch with the 5,3,3 and looked for both moving together. That got even better when I ...

MTF Stochastics