bringin sexy back - stochastics | Page 110 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Make Trading Sexy 174 replies

Bringing The Sexy Back To CCI 15 replies

The sexy stochastic indicator 19 replies

Attachments: bringin sexy back - stochastics
Exit Attachments

bringin sexy back - stochastics

  • #2,181
  • Aug 2, 2008 1:58am Aug 2, 2008 1:58am
hi jd
thanks for your experience sharing and sample trades
I hope you grabbed lots of pips with those trades

Do you like the slingshot trades or the original sexy trades more?

I myself traded m15 and h1, I also wait for the confirmation of the next higher timeframes (well, at least make sure they don't show opposite trend to my current timeframe)

Do you wait for the candle to close before you enter?

This was what I did. That was often one big red/blue candles that gave the entry signal, after I entered the trade, the trend just reverses. So I wonder it might be a good idea to just enter before the close of the candle. But I am just not sure when is the best time.

I think I have mistaken something... Maybe I will try to post some of my failed trades to let you guys see what mistakes I made later.
  • #2,182
  • Edited 4:00am Aug 2, 2008 2:48am | Edited 4:00am
always loved stochastic, easiest & purest indicator around the 2 indicators come from Forex-tsd, the cluster/correlation & clock one (very impressive & you can change everything) you find here more info.
Attached Image (click to enlarge)
Click to Enlarge Name: 8-2-2008 9-40-50 AM.jpg Size: 220 KB
Attached File(s)
File Type: mq4 Stochastic_Standard_4TF_cja.mq4   13 KB | 746 downloads
File Type: ex4 ! IN10TION NewsReader v09.0.1 lite.ex4   98 KB | 718 downloads
  • #2,183
  • Aug 2, 2008 5:03am Aug 2, 2008 5:03am
Quoting DrConan
always loved stochastic, easiest & purest indicator around the 2 indicators come from Forex-tsd, the cluster/correlation & clock one (very impressive & you can change everything) you find here more info.
that is the most beautiful indicator I have ever seen
I am interested in how the cluster/correlation/strength are calculated, I will check the thread you provided later

Thanks.
  • #2,184
  • Aug 3, 2008 2:37pm Aug 3, 2008 2:37pm
Hey guys, take a look of this and correct me if i am wrong. I see the first opportunity as sexy text book trade, supported by the fib 61 as double top. Here we can see a ABCD also, from 61 fib to 161 fib.
The other two make me doubt. The first sling could be supported by the rejection of fib 150 as a warning, the close below fib fib 161 as a entry and the break of previous week low (yellow line) as a confirmation; with a SL in 9605, first TP on the Fib 200 and second TP on 0.9474 -blue line and three previous weelk low.
The second sling could be supported by the hanging man and two matching highs in the three previous week low -blue line- as warnings, the break of hanging man's low as a entry and the penetration of fib 261.8 as confirmation; with a SL in 9480, first TP on fib 261 and second TP on 9325, orange bold line,and previos month low.

Now is clear to me but believe it or not, last week i was stoped out two times with a loss and one at BE traying to pick the bottom. I am so damn newvie
Attached Image (click to enlarge)
Click to Enlarge Name: aussie31-07-08exit.gif Size: 23 KB
!!!Ahora es cuando, chile verde, le has de dar sabor al caldoĦĦĦ
  • #2,185
  • Aug 3, 2008 3:11pm Aug 3, 2008 3:11pm
great analysis forexcompa
see there is no need to try to pick bottoms when u can easily catch the pullbacks in any trend
keep it up
will reply to ur email tomorrow
  • #2,186
  • Aug 4, 2008 3:18am Aug 4, 2008 3:18am
Can anyone please tell me what's wrong with this trade?
The signal is given at the vertical line.

H4 stochs are all oversold and flat, so I suppose it is a up trend in H4.
And in H1, the timeframe I trade, 20 and 50 are going up with 5 being pulled back.

I thought it would be a nice sexy trade. So I entered after that big bull candle closed (entered after the vertical line). Then, as you see, the trend simply reverses after I enter...

Any mistake did I make? Or, is there something do not look good enough in the signal?

Many thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: ujsexy.PNG Size: 50 KB
  • #2,187
  • Aug 4, 2008 7:12am Aug 4, 2008 7:12am
simply a failed trade
u did good analyzing
but the trade just didnt work out

one of those trades that fail

so dont worry
  • #2,188
  • Aug 4, 2008 7:36am Aug 4, 2008 7:36am
Quoting boxingislife
simply a failed trade
u did good analyzing
but the trade just didnt work out

one of those trades that fail

so dont worry
Thank you for your response boxing. I am trying to get more familiar with your method before I trade live with it again.

What's your opinion on entry timing?
Do you enter before or after the candle of signal close?

After reviewing some of my trades, it seems to be nice to enter before the close. But I have to forward test it a bit to see if it would generate too much premature signals.
  • #2,189
  • Aug 4, 2008 8:24am Aug 4, 2008 8:24am
Quoting dreamtrader
Thank you for your response boxing. I am trying to get more familiar with your method before I trade live with it again.

What's your opinion on entry timing?
Do you enter before or after the candle of signal close?

After reviewing some of my trades, it seems to be nice to enter before the close. But I have to forward test it a bit to see if it would generate too much premature signals.
Hi dreamtrader,
Could you please tell me how to get the H4 stochastics show in H1 chart? Thanks!
  • #2,190
  • Aug 4, 2008 8:37am Aug 4, 2008 8:37am
Quoting Lyra
Hi dreamtrader,
Could you please tell me how to get the H4 stochastics show in H1 chart? Thanks!
hi lyra,
you can use the attached indicator
set the TimeFrame to 60 for H1, 240 for H4, etc.
hope this helps
Attached File(s)
File Type: mq4 #MTF Stochastic v2.0.mq4   6 KB | 794 downloads
  • #2,191
  • Aug 4, 2008 8:43am Aug 4, 2008 8:43am
Quoting dreamtrader
hi lyra,
you can use the attached indicator
set the TimeFrame to 60 for H1, 240 for H4, etc.
hope this helps
Thanks a lot!Have a good day!
  • #2,192
  • Aug 4, 2008 9:33am Aug 4, 2008 9:33am
Quoting Lyra
Thanks a lot!Have a good day!
You are welcome
It is a good night here, I guess it is in your place too
  • #2,193
  • Aug 4, 2008 10:10pm Aug 4, 2008 10:10pm
I'm taking this trade based on the fact that the 4hr is in a downtrend. There is a minor pullback on the lower timeframes (30m) and it looks like it's about to resume the downtrend since it's coming up to a resistance line. There is plenty of room for it to move down between price and the support line. I'm entering when the 30M gives me a signal.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
Click to Enlarge Name: chart.gif Size: 17 KB
  • #2,194
  • Aug 4, 2008 11:02pm Aug 4, 2008 11:02pm
Just went short off the 30M signal.
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
  • #2,195
  • Aug 5, 2008 1:07am Aug 5, 2008 1:07am
I'm out at +60 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 17 KB
  • #2,196
  • Aug 5, 2008 1:46am Aug 5, 2008 1:46am
Quoting jdcompute
I'm out at +60 pips.
Hi jdcompute,
I notice that there was important news(AUD) coming out soon after you place the trade, don't u worry about the news will affect the movement?Thanks.
  • #2,197
  • Aug 5, 2008 2:32am Aug 5, 2008 2:32am
Quoting Lyra
Hi jdcompute,
I notice that there was important news(AUD) coming out soon after you place the trade, don't u worry about the news will affect the movement?Thanks.
I definitely do. I was just telling someone that right after I placed the trade, I checked the calendar and saw that. Otherwise, I wouldn't have put on the trade. I don't trade around news. I guess I got lucky this time. But to answer your question, yes I do worry about the affect news has on the trade.
  • #2,198
  • Edited 9:33am Aug 5, 2008 2:35am | Edited 9:33am
Here's another one, same trend as the 4hr.


EDIT***: I exited this one at +31 pips. I actually set my T/P and went to bed and woke up to a profit.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 17 KB
  • #2,199
  • Aug 7, 2008 12:33am Aug 7, 2008 12:33am
anyone in the chatroom?
i decided to drop by but cant find the room
  • #2,200
  • Aug 8, 2008 2:15pm Aug 8, 2008 2:15pm
I went short at the vertical line for a nice +50 pip profit.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 18 KB
1 trader viewing now