Awesome — Canuck, glad to see the 5 min is working for you. I'm a believer, at least with the way the market has been lately. This pair has channeled between 214 and 216 for awhile. It will eventually breakout, hopefully higher as I am sitting ...

The Art of Trading with MTF Stochastics

Thurs — I'll try and post some charts tomorrow. I seem to have trouble getting them to look good on here. They look great when I upload them. Not sure what I am doing wrong. They are full pages on my computer but post as post-it notes in the ...

The Art of Trading with MTF Stochastics

Not really — T4K, The only thing that I am doing is making sure that I don't go against the 15m chart, so no sell if the stoch on the 15m is moving up from 20 etc.... The 15 min is channeling also, just not as quiclkly as the 5 min moves, ...

The Art of Trading with MTF Stochastics

mac-d setting — Canuck, The default setting for Mac-d on my platform is 12,26,9 and I think that is very good for the 15 and larger time frames. For the 5 min, the 12,20,9 works well, as it reflects more recent history. Other smaller numbers ...

The Art of Trading with MTF Stochastics

Must READ — The LFB team has a GREAT post on the news side. It explains a lot about indicators and trending vs. channeling markets. It was a great review for me and would be excellent for newbies to expand their knowledge. Check it out if you ...

The Art of Trading with MTF Stochastics

I wish... — A MUST read!! I sure wish he would come back... It has taken me months to realize what he meant when he wrote that, but I get it now and it is true. We tend to over think and over analyze and it really can be as simple as watching ...

The Art of Trading with MTF Stochastics

??? — Jeff, I can't seem to find that action on my chart. It is from today at 14:45 right? That is within the same time frame as the chart I posted and I don't see that jump. See if you can look at my post and match up that pattern. For ...

The Art of Trading with MTF Stochastics

I agree somewhat — Jeff, There is definitely volatility, but that 20 to 80 and back to 20 move is almost as regular as big Ben. It is working very well in Demo mode, but I haven't done it live yet. The channeling environment we are in right ...

The Art of Trading with MTF Stochastics

Should have stayed — Canuck, Hind sight is 20/20 of course, but that was/is a beautiful setup for the escalator. As I type this, H4 stoch is nearing 20 and price has been as low as 214. Finding those rare big moves with near perfect setups is ...

The Art of Trading with MTF Stochastics

Finally a chart — If you want a better view, email me and I will send it to you. These moves are from today, approx 10 am EST to 4 pm EST on the 5 min chart. image sorry, it looks huge on my screen.

The Art of Trading with MTF Stochastics

What I am looking at — Basically, the only real method I have been using is waiting for the 5,3,3 to cross over 20 headed to 80 or 80 headed toward 20. That move from one to the other is usually 2 or maybe 3 of the 5 min candles. It can be 4 ...

The Art of Trading with MTF Stochastics

Food for Thought — Hey everyone, As you know, I am not a big fan of scalping, but I may be having a change of heart. I have been playing with the Slow Stoch on the 5 min GBP/JPY chart. Using the 5,3,3 setup, there are some very predictable and ...

The Art of Trading with MTF Stochastics

Very nice setup — Guys, Based on the recent announcements, the JPY looks to be strong through the Asian session. The stochs are lined up pretty well and there may be some really good opportunities. Good Luck if you decide to trade.

The Art of Trading with MTF Stochastics

Chart — image Currently +13 pips w/ 5 locked in for profit. Looking to run down toward 109.65 if it breaks through at 110.00. +23 now with 10 locked in. One last update, price retraced and I got stopped out with my +10. I still think a move ...

The Art of Trading with MTF Stochastics

Trade op USD/JPY — Guys, Beautiful setup on this pair right now. 15m,30m,1hr, in agreement and 4hr is overbought and ready to turn. Good luck if you get in.

The Art of Trading with MTF Stochastics

I was sleeping too!! — No worries. My thoughts when I miss a trade are always that I didn't make any pips but I sure didn't give any back either!! The 'experts' think that this pair will continue south to 105.00. There could be a bounce off of ...

The Art of Trading with MTF Stochastics

I not recommending... — Canuck, There is definitely volatility in that pair, anything with the yen, for that matter. I am just saying that it is trending down nicely with the stochs in line. It would take some major "good" news for the dollar ...

The Art of Trading with MTF Stochastics

Patience — I watched the USD/JPY all morning. Although I could have been in earlier than when I got in, I pulled the trigger and took +32 pips in 30 minutes. A little scary because I thought I waited too long, but I waited for the retrace and ...

The Art of Trading with MTF Stochastics

Pivots and S/R — Keep in mind that pivots and S/R lines are not written in stone. If there is a reason, like an announcement, for a pair to move then they will blow right past that number. These numbers are more important in a long term trend, ...

The Art of Trading with MTF Stochastics

Answer — I would definitely put the 240m in there. I would also highly recommend referencing the day chart/24hr time frame, as it is "big picture" and can be easier to view trends, support and resistance and pivots there. I use the 5 min chart ...

The Art of Trading with MTF Stochastics