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- marcin25 replied Dec 5, 2007
I got + 8 pips on A/U but my entry wasnt very safe as I enter a litille bit before 1H close.I would say dont do that until you have some good feeling of the price movement and with awernase it is more dangerous.I wouldnt enter but when I saw this ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
ok,possibly long on A/u when 4H cross 20 up,possibly short G/J when 15 cross 50 down,but the other stoch should be in right position
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
Only 15M left oversold and the bar was closed ,1H and 30 did not crossed and even if 1H and 30M would cross 20 the bars should be closed. Too early entry are killer,I lost my money trading that way,it is better to miss good opportunity than jump ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
G/U 15M is leaving the other stoch and crossing 50 up,and the other stay well below 20 flat,that is good sign,pity that some news are coming in 15 minutes but you can keep an aye on it.
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
Hi Pippo yes ,it could happen what you said,but who knows,look at A/J ,mayby in 30 min when 1H close above 50 line it could be posible long entry.
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
Thank you Charlies for your explanatipon. Anyway the daily chart was not overbought and the weekly was not oversold and looking at your chart at the moment of entry it was trade against 4H which was not below 20,but crossed it up and was pointing ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
Charlies — It would be nice to hear what make you to enter this trade,as Smikester said it wasnt good setup to enter when taking into acount stochastics position.
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
And I need to add ,I think trading this way is good and safe for 5-15 pips,sometimes the price go much further than that so it is up to you,you can even wait until 15M cross 80/20 and exit at the moment of 15M crossing back 80/20.I try to exit when ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 5, 2007
Jeff — "I believe that when a retracement occurs, it is generally expected that the deeper it is, the stronger will be the comeback. So if we follow that logic, it stands to reason that when the M15 falls deep into ob/s territory, its return ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
Pippo when trading elasticity it is better when 15M go to overbought/oversold area and than cross 80/20 line to join the other stochastics which are at the other side together,but that happen rarely,more common pattern is that 15M alone or together ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
You can use 50 line as entry point,when 15M cross 50 line and the other stoch are in right place you enter
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
I dont like it Moneda,4H is leaving oversold area,1h nothing special. there is no piont to trade against 4H,there will be more better opportunities
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
Moneda 10 safe pips with no heat and in 2 minutes is great,you are so right-its better to have 10 pips in pocket and regret that it could be more than than regret that you lost 10 or more pips and now we have to protect every single pip we got and ...
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
I am glad you took the green pips
,I have chosen G/J there were nice setup on most X/J pair.The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
my elasticity trade onG/J for +8 pips
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
look at A/J, it looks for me like nice short is coming mayby when 15M bar will close
The Art of Trading with MTF Stochastics
- marcin25 replied Dec 4, 2007
Moneda You have right,when 4H is oversold and the other 3 stoch are overbought ,classic diving to trade-short,you cant enter when just 15M cross 80 line,they all suppos to cross 80. I did that mistake today and lost 25 pips because I didnt wait ...
The Art of Trading with MTF Stochastics