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Would it be too much trouble to pay me back my $20,000, my sexy darling? 646 replies

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bringin sexy back - stochastics

  • #1,481
  • Edited 12:46pm Nov 14, 2007 8:46am | Edited 12:46pm
I'm giving a try on this one, signal might be very rewarding but could go wrong as well so we will see...

SL put at the low of the last H4 candle 1.6435

And yes, my sexystoch indicator is indeed.... sexy (but the alert system is still not working as expected )

edit : not moving much up to now :-/ wait and see
edit 2 : SL move up a little bit 1.6449
edit 3 : closed à +13, takes too long to start, i dont like slow moving pair...
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  • #1,482
  • Nov 22, 2007 4:42am Nov 22, 2007 4:42am
currently watching EUR/JPY on the 4 hour. There is 1.5 hours left of the current 4 hour candle. Price is precariously placed at the trendline and central pivot support - if it breaks we will have a sexy stoch signal and a target 200 pips below at the low 159 level. notice the ranging that occured and the sexy stoch indicators response while ranging, the longer terms stochs go flat in the middle while the 533 picks the turns very accurately - mayby a use for this indicator to identify and accurately trade a ranging market
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  • #1,483
  • Nov 22, 2007 6:22am Nov 22, 2007 6:22am
Quoting M.A.C.Doug
currently watching EUR/JPY on the 4 hour. There is 1.5 hours left of the current 4 hour candle. Price is precariously placed at the trendline and central pivot support - if it breaks we will have a sexy stoch signal and a target 200 pips below at the low 159 level. notice the ranging that occured and the sexy stoch indicators response while ranging, the longer terms stochs go flat in the middle while the 533 picks the turns very accurately - mayby a use for this indicator to identify and accurately trade a ranging market
It's thanksgiving today, we will be missing the NY volume... The signal looks very promising but i wont take it.
  • #1,484
  • Nov 22, 2007 4:01pm Nov 22, 2007 4:01pm
Hello everyone,
today made trading with stochastic setup.

Loose a little bit.

Long at 161.23
Exit at 161.03

Please, let me know about my chart - was i somewhere wrong and where?
Perhaps my mistakes was that it was already trading late night.. Please let me know my mistakes.



Thank You for Your help.

Best,
Tom
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  • #1,485
  • Nov 22, 2007 9:09pm Nov 22, 2007 9:09pm
Quoting tfflyer
Hello everyone,
today made trading with stochastic setup.

Loose a little bit.

Long at 161.23
Exit at 161.03

Please, let me know about my chart - was i somewhere wrong and where?
Perhaps my mistakes was that it was already trading late night.. Please let me know my mistakes.



Thank You for Your help.

Best,
Tom
signal was great, time of day and price action was not so great. Price was flat after alot of down moves so the longer term strength is clearly with the short moves. All markets were closed at that time of day so not the best time to catch a move. Well done cutting your loss. If your going to trade the 5 minute its best done during the london and new york sessions and dont be to greedy with your targets
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  • #1,486
  • Nov 23, 2007 2:33pm Nov 23, 2007 2:33pm
Could not trade for the whole week, just a trade here and there but nothing fancy.

Here is a trade i took today after work... I missed the previous entry that was fantastic but hey, that's life...
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  • #1,487
  • Edited 7:08am Nov 29, 2007 6:52am | Edited 7:08am
I do not have much time to trade lately but here is what my indicator shows.

You can see that the winners far exceed the loosers. If i count well there should be 30 signals (25 good with a 2 lots strategy taking 10 pips and letting the other lot run and 5 wrong)
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  • #1,488
  • Nov 30, 2007 2:14pm Nov 30, 2007 2:14pm
I think that is what we can call a good trade +100 pips...

But that is the only trade of the week...

edit : time to close +98...
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  • #1,489
  • Nov 30, 2007 5:01pm Nov 30, 2007 5:01pm
Screenshot attached!
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  • #1,490
  • Dec 1, 2007 9:57am Dec 1, 2007 9:57am
Quoting prosperfx
Screenshot attached!
That's it
  • #1,491
  • Dec 1, 2007 1:52pm Dec 1, 2007 1:52pm
excuse me guys for stupid question, but how do you put all your stochs in the same graph with metatrader?
  • #1,492
  • Dec 2, 2007 4:04am Dec 2, 2007 4:04am
Quoting treuzelen
excuse me guys for stupid question, but how do you put all your stochs in the same graph with metatrader?
Question asked several time in the thread... Obviously you did not read the whole thread... Take your time
  • #1,493
  • Dec 2, 2007 7:13am Dec 2, 2007 7:13am
so inspiry me
http://chivas88chi.blogspot.com

Quoting boxingislife
like most people ive made money lost money always lookin for somethin that works bla bla blaaaaa were all really tired of talkin about that arent we?

well finally "found" somethin its actually the slingshot system by buffy or i think its called "bline" and i made my own version which is slightly a bit different from his template.

this works on any timeframe really. but i prefer either scalping it on the 5 min or 15 or 1h maybe 4h.

money management? thats up to u. my stops are discretionary and i look at previous highs or go for 10-15 pips if im trading 5min or 15 min it really depends on alot of stuff. but im sorry i cant help u there since ive done very well on counting on my experience when it comes to stops. same with targets. at least aim for the same as the stop u use. plus this system was made for nasdaq and SnP and its deff different from fxxxxxxx.

but this is not gonna be too worrying because im only gonna write and show the best trades. no reason to over trade and no reason to enter a half assed trade or one ur not too sure off. only look for the best best trades so that ur stop can be tight and u can secure an easy 25-30 pips a day on the 5 or 15 min. i can almost assure u theres a perfect trade everyday.

the setup:

stochastics:
k:20
d:10
slowing:20

another stochastics in the same window. this one is longer term.
k:50
d:10
slowing:20

3rd stochastics in the same window. this one is for entry.

k:5
d:3
slowing:3

first indication: what u need to do is first look at the 20 and the 50 and see what they are doing. this is not necessary but when the 20 is above the 50 then thats my first hint the trend is up
when the 20 is below the 50 then trend is down.
sometimes they are really close to each other which should make u cautious about taking trades.

second indication: you want the 20 to be crossed down with its signal line and the 50 to be doing the same. if both are crossed down with their signal lines then price is trending down and we look to sell.
vice versa for when they are crossed up.

taking trades: when the 20 and the 50 have crossed their signal lines down we look at the 5. we want the 5 to go into overbought if the trend is down. basically we are looking for a pullback. as soon as the 5 cross back down we enter. if a nice tiny little consolidation formed and 20 and 50 are trending down and nicely then enter at that even if the 5 didnt make it very high.

vice versa when the 20 and 50 are trending up
the examples will clear up everything and ill be posting a few after im done with this post but im gonna add some remarks and then attach the first image.

remarks:

- the cross of the 20 and 50 is not so reliable. like an MA cross it can be tricky. but its good to look at because it can keep u away from bad trades.

- when the 20 cross its signal line, look at how steep its going up or down and also look at the space between the main line and the signal. the bigger the space the better the trade will be. same with the slope the steeper it is the better. this is stuff that after a few live and posted examples u will learn to see for yourself and ull know when its nice and trendy and when its being naughty.

- the 5 doesnt have to pull back all the way into oversold or overbought area. wait for a consolidation of price or for stochs to cross then enter. in a strong trend u can easily see when price stalls before continuing.

- im awesome

- if i can think of anything else ill deff add.

- o yea.
perfect long trade:
20 cross the 50 up.
20 and 50 both crossed their signal line up and are slopped nicely
5 pulls back all the way into oversold while price is stalling and consolidating.

- also try adding a 9 ema and a 34 ema (i like the fibo numbers) and when ur about to take a trade check if the 9 crossed the 34 up if ur taking a long trade or down if its a short. this is really just extra confirmation. i dont personally use it unless im really really bored.

ok. u know feel free to add anything and i dont take all the credit but a bit of it for my variations.

ok first chart
the 20 is crossed up with the 50. they have both crossed their signal lines and are moving up nicely. the 5 didnt go all the way down but price consolidated. i would enter at the bar right after the one with the low. basically telling me price isnt going any lower. i wait for it to close then i enter. this is a bit discretionary but thats how i do things. i look for little confirmations. another one is that star looking bar with the low. it has a name the open is the same as the close and it shows indecision so thats another small confirmation..

ok more to come next. stay tuned



  • #1,494
  • Dec 2, 2007 2:26pm Dec 2, 2007 2:26pm
After some thinking, Sexy Indicator released

http://www.forexfactory.com/showthread.php?t=58776
  • #1,495
  • Edited 1:26pm Dec 3, 2007 12:51pm | Edited 1:26pm
Set up looks good. I will post an updated screen shot later to show how the trade ended up.

Not much momentum. At most it would have been +10. I exited at B/E.
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  • #1,496
  • Dec 3, 2007 12:59pm Dec 3, 2007 12:59pm
Quoting prosperfx
Set up looks good. I will post an updated screen shot later to show how the trade ended up.
look good
maybe you should put this in journal thread...
  • #1,497
  • Dec 3, 2007 1:02pm Dec 3, 2007 1:02pm
Quoting adikabas
look good
maybe you should put this in journal thread...
Where is the journal thread?
  • #1,498
  • Dec 3, 2007 1:07pm Dec 3, 2007 1:07pm
Quoting prosperfx
Where is the journal thread?
Maybe u can start your own sexy journal here http://forexfactory.com/forumdisplay.php?f=49
  • #1,499
  • Dec 3, 2007 1:23pm Dec 3, 2007 1:23pm
Quoting adikabas
Maybe u can start your own sexy journal here http://forexfactory.com/forumdisplay.php?f=49
I may do that. It doesn't seem like there is too much interest in this thread any more though. Are there others whoa re still trading / learning this method?
  • #1,500
  • Dec 3, 2007 1:47pm Dec 3, 2007 1:47pm
Dear Prosperfx,

I have read through the thread twice and have been sporadically demo trading the method. I believe it has merit. How much merit will depend on the trader's consistency, etc.---things we all know about. Boxing stochastics is simply a retracement system which uses short-term momentum within the context of longer-term momentum as its core indicator. Which I find interesting. And it gets more interesting, I believe, if you jibe two timeframes, as Moonchild has suggested in the past. But as with all discretionary systems, there are nuances to the indicator "look" which transcend the simple rules and hence require a good deal of self-training to get right. The question really becomes, does one have the persistence to look and look and look some more until not just the main rules are clear in your head but that the nuance issues have also been ironed out---which is, in the end, the only way to make the model your own.

Lenoxer
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