Trader X, What I see is that the 4hr. crossed the 23.6 level, the 15min is pointing up so IMHO I would wait for the 15min to join the 30/60 and watch the momentum of price action....maybe look at a lower tf like the 5min....are the candles bullish ...

The Art of Trading with MTF Stochastics

TraderX, I think is a bit premature....ranging for several hours......30 and 60 in the overbought area...Let the stoch show the way. I would wait for the 15 to come back and join the other two if that turns out to be the direction(long).

The Art of Trading with MTF Stochastics

AUD/JPY — Hello, This week I will focus on trading the AUD/JPY pair. Less costly to trade. Here is a Spud trade I made this morning for 42+ pips. I based my decision on three stochs coming out pretty much together of an oversold area and ...

The Art of Trading with MTF Stochastics

Hi Kermut, Yes, I share your concern about entering a trade based on still developing candles. There are a couple of thing that I use with the pound/yen: Wait for the close of the targeted candle. Draw a trendline on the Stoch window to get a sense ...

The Art of Trading with MTF Stochastics

PipAV8tor, Very nice explanation of Spud's method. The rubber band can be a very good trade as long as one makes sure that it the 15min takes off by itself while the other three higher timeframes are in an overbought/oversold area or near it.

The Art of Trading with MTF Stochastics

Endroute, Thanks for the scalping tip. The one thing to keep in mind is that most of the time is better to stay out of scalping after the London Close especially between 1pm- 5pm est when volatility and spreads are not favorable. I have been using ...

The Art of Trading with MTF Stochastics

PipAV8tor, Quote: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 pairs are flat. I hate the large spread, 8 pips, but if things line up ...

The Art of Trading with MTF Stochastics

Jeff, Thanks again for starting this thread. We are coming out of the closet! Well, it seems that the original Spud is alive and active eventhough there are slight variations from the core...but each of us has to find what works based on our ...

The Art of Trading with MTF Stochastics

Jeff, Count me in. I feel pretty much the same as you. I have not stop using MTF Stoch in its pure form except I use Cornflower's by Lever to help me visually with the trend. Thanks for the initiative

MTF Stochastics

Strong Resistance — Hello, Strong resistance @ 237.84(+-). It goes back to August 10th. Two touches since yesterday at exactly that price. Both times we have seen a pullback.

Daily GBP/JPY analysis

Lumesh, #1 is when the stoch(s) is/are coming out of an over sold/bought #3 is when the stoch(s) is/are going into an over sold/bought area and remain there until #1 is activated. Does that make sense or am I being thick headed Yes, I can ...

MTF The Escalator to Pips Strategy

Martaroony, I am not sure if this will help you but have you looked in the terrminal under alerts and changed the the Maximum Iterations fromm 1,000 to 1? Hope this helps,

4H Stochs Email Alert Code Help Please

Mtf Stoch Alert — Hello, Can someone please help me find an audio/email alert indicator for Spud's escalator method? I want to be alerted when: 1. One or all four stochs cross the over sold/bought 2. One or all four stochs are in an ...

MTF The Escalator to Pips Strategy

Jelli, No question is too simplistic....you would be surprised how helpful it can be for others to read what seems like a "simple question". Understanding the concept of Spud's method is the foundation for everything else. Discretion based on your ...

MTF The Escalator to Pips Strategy

Jelli, Welcome to this great thread. Spud has gone through a lot of work to explain his method...it is more that lining up the color of bars...I would suggest that ideally you go through all the posts or at least read Spud's posts (you can click on ...

MTF The Escalator to Pips Strategy

Banzai, To understand more about the Stoch Bars, just put them up side by side. As you can see, it's about the same. H4 is your TREND. In the above example, we have 3 chances to go LONG when %K crosses up %D. Once again thank you for your indicator. ...

MTF The Escalator to Pips Strategy

Banzai, Thank you very much for the indicator. I have been using it for a couple of days and I like how it visually helps me with my trades. I have a MTF Stoch with it using 1/5/15/30. I do have one question.....how far back are the bars coded to go ...

MTF The Escalator to Pips Strategy

Hello, I wonder why a regular contributor to this thread such as you Cesarnc gets annoyed and even righteous about a post that eventhough you may find silly, disrespectful, etc.. has not broken any forum rules.... This thread is a kaleidoscope of ...

Cable Update (GBPUSD)

Two useful indicator/alerts — Hello, I came upon two indicators that may be useful to some of you Spudites. The first one will assign a color to your candles(chart) when in an overbought/undersold area. The second one will alert you when the ...

MTF Stochastics

CLV, Why do you think it failed at that particular point? The indicators are still showing a long entry.

Supernova GBP/JPY Mini Trend Catcher