DislikedThis morning I was monitoring 1m GU and UJ as well as the 5m charts.....the 1m allowed me to take this trade.. Ref. the Ultra Stochs, for me its their levels that are most important. M15 < 20 = Sell Zone, so only sell. M15 > 80 = Buy Zone, only Buy. Above the 50 Level, Buy with care. Below 50, sell with care. Then use the cycles of the 5m stoch - together with the matrix and 25 ema - to time entries. That's the simple version - monitoring higher TFs etc is also part of the process..... {image}Ignored
Just re reading your post from yesterday, interesting how you only sell when M15 stoch is low, below 50 and preferably below 20. and you only Buy when M15 stoch is high above 50 and preferably above 80. Others may think these 80 levels is too overbought and the 20 level too oversold for the M15 stoch, Obviously adding to your confirmations, I see obviously you do very well. Your EJ long trade yesterday was lovely.
Kind Regards
anthm
When you're in the land of HOPE, you're done, get out of there, WALK AWAY