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bobby2 replied Jun 29, 2018Thar she blows! As usual when I use targets. LOL!! Another measly 25 pips. EU did the same thing. Aaaaarrrrgh!! image
MTF Stochastics Trading
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bobby2 replied Jun 29, 2018GU long, M5, +11 pips, exit at Resistance area and RN. image
MTF Stochastics Trading
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bobby2 replied Jun 29, 2018If you would like to try using a trade manager EA, I have a couple. It sounds like you are busy and might not have a lot of time to watch your charts. Both EAs allow profit target, stop loss, and trailing stops. RoNz Auto_SL-TS-TP hides SL and TP ...
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018On the UJ long I got out because of the stochastics. On the EU short I got out because it was at near-term support. I got out at support because I got spooked trading EJ during the Asian session. I haven't traded the Asian session for a long time ...
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018Hey, profit is profit. Right? Nobody ever went broke taking profit
I took this short re-entry on EU for +9 pips. Coming up on the NY Open soon and there's some news. Think I'll watch for awhile. image MTF Stochastics Trading
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bobby2 replied Jun 27, 2018I missed these trades on AU. Don't be biased in regard to direction. You never know what'll happen next. image
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018At the moment it appears that all USD denominated pairs are at their respective "magic lines" at this point in time. (Magic line= place on the chart where support is also resistance and visa versa) But my MTF stoch is leaving the 80 area and the CTF ...
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018Interesting. The CTF stoch has turned down, the MTF stoch has entered above 80, and I'm guessing we're either at, just below, or in the area of the Daily Pivot. Might see a sudden spike up here soon or price will peter out and retreat. Not sure.
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018It pushed through the initial resistance area but there's still some traffic on the left to get through. image
MTF Stochastics Trading
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bobby2 replied Jun 27, 2018Just entered Long UJ @ 109.833. Recent S&R area so it may take a while. image
MTF Stochastics Trading
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bobby2 replied Jun 25, 2018Just in case you're not aware, you can show your closed trades on MT4 by opening your Account History, right click on any trade entry, choose Custom Period, click Today's Date, find the trade you want to show, and with your mouse drag it to your ...
MTF Stochastics Trading
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bobby2 replied Jun 25, 2018A couple of decent trades this morning. I could have stayed longer in the EU trade I guess, but got out around what I deemed a pretty strong resistance level, plus the CTF stoch was turning down. I did Reenter about 10 pips below the next RN. That ...
MTF Stochastics Trading
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bobby2 replied Jun 23, 2018This coming trading week I'll be going back to the 5-15 method (5 min TF, 15 min MTF Stoch) I used the first week of this thread. Ii's probably me, not the method, but I made some trading decisions last week skipping around on different time frames ...
MTF Stochastics Trading
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bobby2 replied Jun 20, 2018Thank you for the kind words bobzahra. I appreciate it.
MTF Stochastics Trading
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bobby2 replied Jun 17, 2018Last week I concentrated on the M5 time frame. This week I plan to focus on M15. I expect less trade opportunities, but larger pip totals from successful trades. My entry criteria will be the same. I know some traders use various methods to measure ...
MTF Stochastics Trading
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bobby2 replied Jun 17, 2018From his comment above I'm guessing grandfather is relying on additional information to confirm entries. That's OK. What people do on their own PC is their business. He posted his trades using the thread template for which I'm appreciative. What ...
MTF Stochastics Trading
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bobby2 replied Jun 16, 2018I've had some PMs wondering about entry signals so I'll address them here so everyone can see. Q: You say to wait for the MTF Stochastic to enter above or below the 50 line to determine the beginning of a new trend, but aren't we leaving pips on the ...
MTF Stochastics Trading