IMO, yes.

MTF Stochastics Trading

Something for new traders to consider. Take some time to draw some lines before you start actual trading. Don't use software or an indicator. Do it yourself. You'll be amazed at how little time it takes once you get in the habit of doing it. They ...

MTF Stochastics Trading

Hi Bobby. Good quote from the great Richard Dennis. You know of course that the picture next to it is not of him? I also agree 100% with what you said here, well almost 100%: In our business we are 100% mercenary. We produce nothing. We ...

MTF Stochastics Trading

All the best to you too. Cheers!

MTF Stochastics Trading

Your entry and exit were both according to the rules. Even though your logic for the exit may have been because Price was bouncing off Support at 1.1300 and not because both Stochastics were leaving the 20 area together, both happened at the same ...

MTF Stochastics Trading

Your entry was excellent. I don't know if you stuck to the 20 pip TP, but if you exited on the close of the bar with the red line, that was +50 pips. Either way it's a winner.

MTF Stochastics Trading

Hi Giedrius, welcome to the thread. Thank you for the kind words. I hope the information here benefits you. Don't apologize for not being a native English speaker. I understand.

MTF Stochastics Trading

In our business we are 100% mercenary. We produce nothing. We provide no service to others. Our only goal is to preserve and hopefully increase our capital. That's it. That's our job. Problems usually arise because of stress caused by trading ...

MTF Stochastics Trading

mistakesr gave you some good advice. I agree so I won't repeat it. So, we know WHAT you are going through, and we know WHY you are going through it. What can be done about it? A couple of posts ago I quoted a comedian who said, "Hey! Popcorn is a ...

MTF Stochastics Trading

"Hey! Popcorn is a miracle if you don't know how it happened!" (Comic Relief concert)

MTF Stochastics Trading

Thanks Malony. I appreciate it, and you're welcome. I hope the information here helps you in some way. Nice pic BTW .

MTF Stochastics Trading

Hi Zoog, I've been thinking about your question on what motivated me to start this thread. I guess I just thought if I found this concept useful, others might find it useful too. In hindsight I admit that there were a couple of things I was naive ...

MTF Stochastics Trading

I'm getting a lot of messages complaining that this way of trading is too difficult, too much is left to trader's discretion, confused about MTF times and signals, etc. Well, I never said it was easy. But I, perhaps wrongly, assumed most people ...

MTF Stochastics Trading

Hi Tekkies, if the indicator you're referring to is MTF Stochastic v2.1, that was originally posted by Cody about 4 years ago on the Genesis Matrix Trading thread. It was already public domain and not my creation. MTF Stochastic v2.2 is v2.1 with ...

Trading Made Simple

Nope, I didn't change a thing. We have discussed this more than once. If you are in a trade and the MTF Stochastic stays in the 80 or 20 zone, but the CTF Stochastic leaves those zones all by itself, do not exit. It is probably a pullback. You may ...

MTF Stochastics Trading

Thank you for the kind words Hamid. Just don't get greedy and you'll be fine. Greed is a nasty lesson I hope no one here ever has to learn. I wish only good things for everyone. If this thread helps even only one person on the road to sustainable ...

MTF Stochastics Trading

I got my 10. I'm finished till LO. +30 today so I'm good. Green pips to all! image

MTF Stochastics Trading

Probably my last trade for this session. Trying an EU short as the CTF Stochastic (Hopefully ) returns to the MTF Stochastic that is still below the 20 mark for 10 pips. Target is the next Round Number. image

MTF Stochastics Trading

Well, without a doubt, you picked the absolute worst month of the year to test a trading strategy. Like you said, because of our entries and exits, our losses should be minimal. But it's also true that our profits will be minimal compared to most ...

MTF Stochastics Trading

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MTF Stochastics Trading