You did 5 pips better than me But it is all good.

MTF Stochastics

10 Pips — Made 10 pips for the bank on that trade. These are our results since March 28, 2007 Days Traded: 2 Total Net Pips to Last Completed Trade: 70 Total Trades: 6 Winners: 5 Break-even: 1 Losses: 0 Winning Percentage : 100% (Break-evens ...

MTF Stochastics

Entry: Short at 231.60 TP: 30 (but watching for a quick pull) Stop: 25 8:45 pm Moving TP to 10

MTF Stochastics

Sell — Alright everything still looks ready for a sell, so when the 15/30 turn and are clearly headed down, I'm going to sell and aim for 10 pips first but set mt TP for 30. I'm going to be ready to pull the plug on this quick if I don't like ...

MTF Stochastics

Down Turn? — Well everything is setting up for a down turn. The 15M is very close. But I don't like it. I'll probably just watch this one and maybe hop in later in the down run if it looks any good and try to grab a few small pips. Need to see ...

MTF Stochastics

True enough, but if I don't lose I call it a "win". Maybe a "save"? Probably just count it as a neither a win nor a loss and just a zero. Actually, technically I won the spread

MTF Stochastics

Another interesting indicator is the 5M Stoch has peaked below 15 twice in it's past two down swings. This is an ominous sign we won't be getting any lower peaks for a while and supports a long move. Just keep this one in the back of your mind.

MTF Stochastics

I'm not going to comment on that now, but I will say that the whole reason I am where I am is on the 20 pip core bank the rest philosophy which I use in every income endeavor. Forex and this method has much to do with it.

MTF Stochastics

Sorry I missed that time period so can't comment as I didn't see where the stochs were or what they were doing at the time. How did it turn out?

MTF Stochastics

Just from pure statistical analysis we know that the price will drop over the next 24 hours at some point looking how the day has opened and where the price is. The question is, will that be now or later and if we went with just stats what kind of ...

MTF Stochastics

Thursday Night — Let's take a look at where we the markets are. The Daily made that move I spoke of last night where it looked like it might make an early turn up. It hasn't crossed and may just kiss the line and go back down. This is a ...

MTF Stochastics

Thanks. 20 pips is all you need...maybe less. It's all about how much your pips are worth. It's an exponential scale to make pips and ten times easier to lose a pip then gain one. It's fun to chase 100 pips, 300 pips...it feels great when you hit ...

MTF Stochastics

I read every system, and test every system. Much of what I do I suspect comes from many systems and learning their strengths and weaknesses. I keep the faith that someone will one day discover an easier way to make pips than me....hopefully one that ...

MTF Stochastics

Lots — 1 lot at a time....standard lots. Start with mini and increase lots as the bank roll increases until the standard makes more sense. I keep my account at a level so that my worst loss is 2% of my account. That way I can lose 50 times in ...

MTF Stochastics

Up-to-Date Results — These are our results since March 28, 2007 Days Traded: 2 Total Net Pips to Last Completed Trade: 60 Total Trades: 5 Winners: 4 Break-even: 1 Losses: 0 Winning Percentage: 100% Worst down draw: 53 pips Daily Goal: 20 pips ...

MTF Stochastics

Pips and Spreads — I got a few messages last night about prices I was listing. I'm calculating the spreads into what I list and from my different brokers which is confusing some people. So to make it easier and set a standard, I will am going ...

MTF Stochastics

The 15/30's are exhausted. You can ride the hour and 4H, but it will be a long trade and you'll have to contend with some up movemet before it goes down most likely. A better idea would be to get out when the 15/30's are done and hop back in when ...

MTF Stochastics

Lessons To Ponder — Well, that was the obvious example of entering a trade too early. It was also an example of trusting your indicator that the price will turn as you think it will and sticking through it. This is why I added a second short ...

MTF Stochastics

The Scenic Route to Victory — Ok so both TP's were hit and here are the results: Trades: 4/4 Breakeven Trades: 1/1 Daily Target 20 pips: reached Banked Pips: 20 Total Pips of all Trades: 60

MTF Stochastics

I'm working on that. I will probably put some stuff together on the weekend.

MTF Stochastics