Happy thoughts. — Jeff, Glad you are doing better. Keep the fingers working and rest the throat, right? I have to try and figure out how to post some of my charts in here. I usually just do screen shots and post them in Word docs, so I have ...

The Art of Trading with MTF Stochastics

Profit is always good! — CanuckCT, Taking profit is always the right thing to do, with no regrets. I am just curious why you got out when you did. That was nearly a text book set up to use a trailing stop loss and just keep locking in profit. ...

The Art of Trading with MTF Stochastics

Depends — Depends on which platform you are using and what their user options are. Check your help files. Most systems have some sort of alert, either audible or a pop up window and you can set it for certain criteria. Hope that helps.

MTF Stochastics

Been there — K2KV, I feel your pain. I'm sure others do also. There are really only the 2 choices. You made a sound choice, because you had to leave, just take your lumps and live to trade another day. The other choice is to set a stop you can ...

The Art of Trading with MTF Stochastics

Depends — K2KV, Totally depends on announcements. Tonight with the JPY @ 7:50 EST could cause a little action. The AUS and NZD usually announce at 9:30 EST and they can cause some movement. The AUS may move a lot depending on the price and ...

The Art of Trading with MTF Stochastics

update 3 — update 3: looking more and more like it just wants to consolidate right where it is for now. Not enough activity this time of day, but sometimes there is enough to cause a move/re-trace. Just wishful thinking today and fortunately ...

The Art of Trading with MTF Stochastics

Usually watch — I am at my "real" job right now, so I watch in the background. I am on CST. I miss alot of prime time because of this place, but I can login to my home pc from here. I don't usually trade much in this time because there isn't ...

The Art of Trading with MTF Stochastics

Profit — Don't ever feel bad about taking profit. +12 is a nice trade. The thing to do is not give it back!! I would look at some larger time frames, like the day chart and see where your s/r are there via pivot points. There may be a chance ...

The Art of Trading with MTF Stochastics

How low did it go? — That pair was set to have a large move, based on announcements. Gold is down a bunch, like $14 an oz., and the Jen has been stronger today than for the last couple of weeks. Like a lot of other pairs today, it should have ...

The Art of Trading with MTF Stochastics

TP is always subjective — endroute, I wouldn't get in a trade unless I was expecting a move of the 10-20 pip range. There are too many good opportunities throughout a 24 hr. period. That is where the pivot pts. on your 1hr or 4hr or day chart ...

The Art of Trading with MTF Stochastics

Thanks — It is much harder to put this into words, than I expected. Even more props to Spud. Wish he would come back. I try to keep a couple of things in focus; 1) be comfortable with the system you are using. Comfort=Confidence 2) Trade what ...

The Art of Trading with MTF Stochastics

missed a couple of points — Moneda, Thanks for the tip on platforms and pip spreads. I'll check it out. In regards to the 14,3,3 and the 5,3,3- Charlies post with charts is right on. The 5 tells you what the 14 is gonna do in most cases. You ...

The Art of Trading with MTF Stochastics

Good questions — I'll try to answer all questions toward my post here and elaborate a little. Spuds main focus, as I recall, was the 4 hour chart, with preferably all 3 smaller time frames, 1 hr, 30 min and 15 min lining up. He did mention you ...

The Art of Trading with MTF Stochastics

I'm in too — I very much enjoyed reading, and now using, Spud's escalator theory. I have only used it on the GBP/JPY, mostly because Spud did it that way, but now because of the volatility that always seems to be there, even when the other ...

The Art of Trading with MTF Stochastics

I recall — I recall in Spud's writings, that he would enter before the candle closed, on occaision, if 3 of the 4 stoch's were in agreement AND the 4h was near the close, less than an hour, I think. He also referenced the 15 m chart as being ...

MTF The Escalator to Pips Strategy

that's a good example — Post #639 is what I was implying. If the movement goes against you to 233.00, wouldn't it be better to take the 60 pip loss? If it looks to continue up, then re-enter long and pick up the 45 pips you would have lost or ...

EMA 25-50 Trading System (Detailed)

Your post says alot to the "smackers" — Nice reporting of the last 15 days. Not much volatility in the market, still whipsawing, just in tighter margins. Maybe some tighter SL's to reflect less volatility would have reduced some of ...

EMA 25-50 Trading System (Detailed)

New to the News — I like the straddle idea. Couldn't imagine doing it without being right there to monitor it, definitely wouldn't go blind where I couldn't exit if needed. Good way to catch the first few pips, which could actually be many, ...

Trading the News

Thanks again Spud — Spud, I don't know if you are ever coming back, but I want everyone else to know your system is solid. I took another escalator ride last night. Got in to the GBP/JPY @ 7 pm CST @ 233.68, looking for about 50-75 pips. The ...

MTF Stochastics

1st post from a watcher — Spud, It took me 2 1/2 days to read through all the pages of posts. It was worth it. Started with some simple trades on Monday evening and worked my first 5 trades for about 10 pips each. Had a couple of bumps along ...

MTF Stochastics