Can someone look at the current gbpusd chart and pick the MOM trades out?
Post the chart so I can see what you are looking at.
Post the chart so I can see what you are looking at.
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DislikedYes, nice USDCAD trades. However, when looking back into history, it might make more sense to use the TMATrue and a MTF Stochastic that shows the real values for each bar. In this way your hindsight will more accurately reflect the actual past circumstances.
Thanks for sharing your strategy.Ignored
DislikedHi Kevinator,
Can you, once and for all, tell us what is the correct settings for the Stochastic indicators, whether it is 5m, 60m, 240m. There has been few settings I saw in my readings. Thanks in advance for your response.
forexforexIgnored
DislikedBoth charts are correct.........That is 100+ pips on that chart.
Lets think big and multitask....open 7 charts and get a pen and paper and begin to follow the charts around.
Write down the 7 pairs..then the direction of the 4 hr stoch and keep be aware of the direction.
Start to stalk the trades!! Something should be close to being in position every few hours.
If you trade this way you will capture the bulk of the daily trend everyday.
After all you want the trend which is the meat and throw away the bone which is the pull back.
We are not...Ignored