Attachments: bringin sexy back - stochastics

bringin sexy back - stochastics

#401
Edited Feb 26, 2007 3:03am Feb 25, 2007 5:43pm | Edited Feb 26, 2007 3:03am

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

This move looks as though it still has some steam, particularly since the spread is small with this pair. The 30M while not particularly supportive is better than neutral, but is not good enough to trade on its own.

Also the daily chart looks exceptionally good.

Result of the trade is 29 pips but I got out because I expect a bounce and then plan to get back in short again.

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#402
Feb 25, 2007 7:09pm Feb 25, 2007 7:09pm

KzmoKramr2
| Joined Feb 2007 | Status: Trader | 18 Posts

What do you think of the EUR/GBP for a buy setup??? Daily, 1hr, 30min, and 15min charts all look good, no? Waiting for the 5 to come off the overbought areas and cross back up. Or am I "forcing" this one? lol ... think it'd be good using the 5min to enter? I dunno ... opinions appreciated

#403
Feb 25, 2007 7:16pm Feb 25, 2007 7:16pm

tzachi
| Joined Feb 2006 | Status: Trader | 31 Posts

blueruby,

great alert but, If we miss the audio we will miss it for good. Can you add an arrow that will show up on the chart at the same time with the alert? as the arrow will stay on the chart we will be able to see when it happend and if we can still get in or not.

Thanks.

T.

#404
Feb 25, 2007 7:29pm Feb 25, 2007 7:29pm

KzmoKramr2
| Joined Feb 2007 | Status: Trader | 18 Posts

Also looking at the AUD/JPY for a short?? Anyone else see what I see?

#405
Feb 25, 2007 7:44pm Feb 25, 2007 7:44pm

KzmoKramr2
| Joined Feb 2007 | Status: Trader | 18 Posts

Anyone thinkin short on GBP/CHF as well??? Man, I swear I'm forcing all this, lol ...

#406
Feb 25, 2007 8:01pm Feb 25, 2007 8:01pm

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

Quoting KzmoKramr2

Disliked

Anyone thinkin short on GBP/CHF as well??? Man, I swear I'm forcing all this, lol ...

Ignored

I am short but I it is not strictly on the basis of stochastics. The 1H and daily charts look nice, though. I am including the daily chart.

I will also say that I am not sure how I will handle this since I do not like to hold a trade where the swap in against me. I will just have to see how it goes.

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#407
Feb 25, 2007 11:36pm Feb 25, 2007 11:36pm

imbiber
| Joined Jun 2006 | Status: Trader | 412 Posts

Long entry.

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#408
Feb 26, 2007 12:14am Feb 26, 2007 12:14am

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

Quoting imbiber

Disliked

Long entry.

Ignored

Your chart appears to be a 4H USD/JPY chart. I just do not understand why it is so different from mine.

My chart does not indicate a good potential trade on this time frame. The 20 appears to be turning down, preparatory to a short entry at a later time. The 1H chart is more consistent with a short in a very short time.

I just cannot understand why the 2 charts look so different.

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#409
Feb 26, 2007 2:59am Feb 26, 2007 2:59am

imbiber
| Joined Jun 2006 | Status: Trader | 412 Posts

Bad trade on my end.

#410
Feb 26, 2007 3:55am Feb 26, 2007 3:55am

laodeabdul
| Joined Dec 2006 | Status: Currency Trader | 148 Posts

Quoting moonchild

Disliked

Your chart appears to be a 4H USD/JPY chart. I just do not understand why it is so different from mine.

My chart does not indicate a good potential trade on this time frame. The 20 appears to be turning down, preparatory to a short entry at a later time. The 1H chart is more consistent with a short in a very short time.

I just cannot understand why the 2 charts look so different.

Ignored

i enter the trade for long position on this pair, it turns out to be bad trade. anyway we need to keep the faith to the system..............

#411
Feb 26, 2007 3:59am Feb 26, 2007 3:59am

comeinvest
| Joined Jul 2006 | Status: Financial confidence | 434 Posts

sorry for asking stupid question,may i know how i going to get a "TRIX" indicator and price percentage oscillator (PPO)??

Thanks

#412
Feb 26, 2007 4:11am Feb 26, 2007 4:11am

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

Quoting laodeabdul

Disliked

i enter the trade for long position on this pair, it turns out to be bad trade. anyway we need to keep the faith to the system..............

Ignored

If you refer to post 401, you can see that you could have gone short and kept faith with the system. There were good set ups for short on the 1H and daily charts.

Avoiding bad trades is one of the main reasons why I want to see confirmation of a good set up on 2 or more charts. It is not a guarantee but it does reduce the risk.

#413
Feb 26, 2007 7:08am Feb 26, 2007 7:08am

BLACKFEET
| Joined Aug 2005 | Status: Trader | 327 Posts

Yes, Moonchild
If you allow me I 100% agree with you. Why, please, don't you come with us (we are not quite numerous) on PallTalk. I think you would be quite helpfull. TIA

BigBlackfeet Always on the(forex) war path !

#414
Feb 26, 2007 7:47am Feb 26, 2007 7:47am

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

Quoting BLACKFEET

Disliked

Yes, Moonchild
If you allow me I 100% agree with you. Why, please, don't you come with us (we are not quite numerous) on PallTalk. I think you would be quite helpfull. TIA

Ignored

Thank you for the invitation. I might drop in if you give me directions. I do have PalTalk downloaded but I have never used it.

#415
Feb 26, 2007 8:18am Feb 26, 2007 8:18am

BLACKFEET
| Joined Aug 2005 | Status: Trader | 327 Posts

Hi,Moonchild

Thks for your kind interest.

The PallTalk guy is Pipsaker.
He (p26 #382) stated :
"It is in Paltalk. Currency Trading the 15M Chart with Stochs. It is under
Business and Finance/Day Trading/Stocks & Bonds."

I hope we will see you there.

BigBlackfeet Always on the(forex) war path !

#416
Feb 26, 2007 10:55am Feb 26, 2007 10:55am

boxingislife
Joined Jan 2006 | Status: gamblin wit style | 740 Posts

hey everyone
im still around but im in college everyday of the week so im pretty busy and for anyone who pmed me ill respond hopefully tonight or tomorrow and for anyone else that has questions pm me or email me and ill try and help out

#417
Feb 26, 2007 3:51pm Feb 26, 2007 3:51pm

forexpiet
| Joined Apr 2006 | Status: Trader | 238 Posts

Hi all,

Boxingislife reviewed the document and he approved posting. I've seen most of the members who actively post in the thread have logged in and have not complained about them quoting. So I will not wait till wednesday but post it now.

Feel free to use it to your benefit.

All the best,

Forexpiet

Attached File(s)

Multiple stochastics.doc 203 KB | 1,628 downloads

Posting Demo charts, mirroring some of them live.

#418
Feb 26, 2007 11:15pm Feb 26, 2007 11:15pm

moonchild
| Joined Mar 2006 | Status: Trader | 989 Posts

I usually look for adjacent time frames with consistent patterns or at least not conflicting.

In the case of cable at present, the daily, 1H and 15M are down, the 4H and 30M are up. No idea which way this is likely to go. The charts give me no clue.

Might as well toss a coin.

Just take a look at the 4H chart, it could not look more promising for a long position. The daily and 1H charts however conflict and show a downward pattern. I would not trade this chart, no matter how great it looks. I will just wait for the pair to start moving and then climb on the move.

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