bringin sexy back - stochastics

Hola

Yes - it was lucky! I have read that flat 20/50 is generally not good but I have seen this pattern in the past and it has generally been quite frituful for me. BUT you have to confirm on 1 or 2 higher time frames. If I am being "aggressive" I only look 1 higher. If I am being cautious I look 2 higher. You never need any more than that (imho).

CB.

Two things I have to say. First, I don't think I would've taken that one either since the lines are pretty flat but since it worked out for you, I will definitely test out that path a few times . Secondly, after your post yesterday, I decided to take on the Geppy last night around 11:30PM CST. And guess what..first trip on that pair and I profited $348!! I was using the 1hr chart. I'm hooked now, LOL! As for the Spud thread, I agree it sounds complex but it is effective. My main thing with that one is that the trades don't come often enough for me. With Sexy, I place anywhere from 3 to 7 trades a day and have at least a 75% winning ratio. This is so easy it's almost a crime. I don't know how Boxing came upon this but man am I glad he did. Keep up the good work all you Sexies!!

Hi JD

Brave man -- well done on your first wrestle with the Dragon!! BTW, I have just noticed a nice little signal on the GBPUSD. Oh-ho! In the time it took to type that I am up 15 pips!

BoxingLife is a hero....

CB.

Question for the experts...

On a few charts posted here, some folk have added a Stoch(100,x,x). What is this for and how would we use it? Also, I have seen Doug uses a Stoch(4,2,2) in place of the (5,3,3). He claims you get in 1 bar earlier. Does anyone have any comments on this - is it any good?

CB.

Read my previous posts. I have advised to use this settings rather than 5,3,3 and with them you definitly go in 1 candle faster but you have to look the MA line with smoothed and not the signal. Otherwise you get to many signals.

My present chart looks like this(this is my work PC not my home PC so the orders are not showing). I entered on the 2nd (1) signal of the 1st and i'm still in up around 500 pips ATM (largely recovering my previous losing trades )

Melpheos, I was just about to write you a post when I see that you're on now. Good. I have a question for you. I've been following this thread and I have downloaded your latest template/guide but I cannot for the life of me, figure out what the numbers with the circles are that appear on the chart. I'm doing very well with a basic template using 50/10/20, 20/10/20, 4/2/2 but would like to put your new stuff to use since I'm sure it's very effective. Can you give me a brief overview so that I can get that concept in my head when reviewing the guide and template that you have?

By the way, 1st loss on the system for me today and that was because I wasn't mindful of the news I guess or something like that. I entered the classic setup that's been going without fail around 10:15AM CST. Price bounced up and down a bit on the Geppy and then all of a sudden the 4/2/2 stoch shot up quickly the opposite direction even though the 20 and 50 were both sloping down really good. I was hit for 2% of my account so I'm not hurting bad..just part of the game I guess.

Melpheos, did you say you're up +500 pips?? Did I read that correctly? OMG! I just HAVE to understand your new template and rules

550 now but the rules are exactly the same so no need for a new template

Also for my indi, i made a guide for it

Cool! I'll review it right now. Hey I've posted a copy of what happened to me this morning on one trade. Can you tell me what I did wrong here? I've tried to make it as clear as I can with the arrows and all. By the way, I was in here short when it turned up on me like that. I guess I don't understand what the 20&50 are telling me then if price is moving opposite like it did here.

Now look at this one here. Is this one of the times we should just step aside and not take the trade?

a quick analysis that's worth what it's worth ^^

On the Geppy i quit at +550 plus a bit of swap... Not bad ^^ but at this level it was starting to get on my nerves...

Okay, I'm going over and over those charts you posted and it's getting clearer to me. Why did you say the GBP/JPY was getting on your nerves and how long did you have that trade open for?

198.30 yesterday @ 12:52 GMT+1 after several retest of 198.30 it had to break through and i had several signs

Now here, I have a question. I know that the 4/2/2 stoch is down and oversold but why was there no circle with a number for a sell signal earlier? I can see the number for the buy right before it started the downtrend. I just changed my settings to 50/10/10 and 20/10/10 and find that it works better for me. It helps me identify a ranging pattern instead of a trend.

I can understand Melpheos' anxiety! As I said in my earlier post, I got in within 20 pips of the bottom of that rise at 19725 but chickened at 200 pips. As of writing the market is at 20357 or 632 pips gain.

OK - I'm quite new to all this but I have not seen this "one way" behaviour before and it spooked me!!!!!

CB.

Hmm, I've never late a trade run overnight. I may just do that. I've been burned so many times when I traded stocks and options that I learned to protect myself from those opening gaps. I guess if I just set my SL appropriately, I should be able to run a trade overnight. Knowing me though, I'd get up every half hour to check to see if I got stopped out

The reason is that my indicator is not perfect and far from it, otherwise i would be selling it

That's a good enough answer for me and hey, that indicator works great...I was just curious about the glitch. You've done a remarkable job and made a great contribution to this thread and this system. We owe a lot to you and Boxing. I'm getting a better feel for your indicators now. The NoLagMA, I took off and have the MA color change lines that I'm using. Also the ACS indicator as well.

jdcompute

ur enthusiasm towards the method and how its changed ur trading and what not made me realize how much ive helped people with this method.

how about this?

how bout next monday we trade together? ur new to my method and i figured itl be a good idea to basically do teh whole mentoring thing 1 on 1. obviously not asking for money or anything else. i just think its a cool and fun idea and let me know if ur interested it doesnt have to be next monday but my free days are monday wednesday and friday. or maybe if u just want a review of some trades uve taken or u want my opinion on the losers.....
im talkin like wll chat all day ill tell u the trades im taking ill tell u which trades to take etc...
my next offer will go to codebreaker and then elchoco. after that anyone trading and following this method religiously i have no problem trading with them for a day.

ive seen other people take traders and help them become profitable. i think one of the famous people on this board "darkstar" did that.