I am sorry, I was reading the wrong info, new boy and all of that. thanks.
MTF Stochastics into MTF Stoch Histogram 8 replies
Trading MTF STochastics Manual 13 replies
The Art of Trading with MTF Stochastics 1,016 replies
MTF Stochastics EA's 55 replies
MTF Stochastics Trade Journal 12 replies
DislikedI am sorry, I was reading the wrong info, new boy and all of that. thanks.Ignored
DislikedSpud,
what if.... the daily crosses over the 80 on the way down, the 15m, 30m, 1h have all crossed down and the 4h is just above the 20 coming up? with the 3 time frames agreing with the daily are there pips to be made or is it best to leave it and wait for the lower times to catch up to the 4h?
ThanksIgnored
DislikedOne thing to look for are "links" between the stochastic movement cycles. For example you may get three 15M cycles (up/down/up) in a single one hour cycle, so knowing where you are within the 1 hour period can be very profitable for trading the 15M cycles....considering the 30/1H and 4H are all headed the same way. For example, if the 30/1H/4H are headed down, you might be able to trade two 15M down cycles from 80 to 20 while waiting for the 1H to hit 20. Obviously, you need to be careful and grab pips quickly in the 15M TF, but making 5-15 pips a 15M cycle is not hard to do.....just riskier if you don't get out when you need too.Ignored
DislikedHello gentlemen, this is my first post although I have been watching this thread intently for a few weeks, this is also my first method of study. It is easier than a lot out there to follow and IT WORKS!!!!!!!!! First off thanks SPUD, you da man! Thank you to all the other participants, your insight has greatly helped me as well.
Okay, now on to my question.
In the quote above, is this a summation of the "3", "2+1", and "1+2" idea that spud brought in? Those threads really didn't make a lot of sense to me, probably because I'm new, however the quote above makes sense. Is this an extension of that idea? Or am I just totally off base here? Any ones answers and thought or clarifications of the "3", "2+1", and "1+2" idea is greatly appreciated, my problem is "drawing these lines" Wow this thread has extended greatly, so I will end it and let the "experts" chime in. Thanks a million
Ignored
DislikedI have placed one of my charts to illustrate the 15 relationship to the 60 min stochs. Dark green and purple are the 1 hr. I have found there really is no concise correlation as the chart will bear out. It does seem that there certainly is room for scalping 20 pip trades off divergence and 15 min stoch crossovers within the hourly period.
I also use a 5 min chart for divergence with the 15 for this purpose.
Hope this may help a bit.
slick
Spud - if I am posting too much on your thread please say so. Thanks.Ignored
DislikedJust my opinion and experience....but I find trying to relate the stochastics on one time frame doesn't work well. It skews the math for one reason, and with the math right through a seperate indicator will skew the time relationship. However, always good to experiment!
The relationship between the stochastic movement from the seperate charts to one chart specific to time I think is a more meanigful trail to follow. I know I lost people in the "3", "2+1" info.....but what you want to ask yourself is:
1. What are the stochs/price doing in relation to each other when say the 15M hits 20 and the 30M/1H are still falling?
2. What are the stochs/price doing in relation to each other when there is a large price move versus a small price move?
3. How do stochs/price relate to each other when to exit a trade?
If you delve into those questions for answers you will find some very interesting stuff pop out at you. I would try and explain it here, but it is very difficult to get down in just text.....but I'm working on it.Ignored
DislikedJust my opinion and experience....but I find trying to relate the stochastics on one time frame doesn't work well. It skews the math for one reason, and with the math right through a seperate indicator will skew the time relationship. However, always good to experiment!
The relationship between the stochastic movement from the seperate charts to one chart specific to time I think is a more meanigful trail to follow. I know I lost people in the "3", "2+1" info.....but what you want to ask yourself is:
1. What are the stochs/price doing in relation to each other when say the 15M hits 20 and the 30M/1H are still falling?
2. What are the stochs/price doing in relation to each other when there is a large price move versus a small price move?
3. How do stochs/price relate to each other when to exit a trade?
If you delve into those questions for answers you will find some very interesting stuff pop out at you. I would try and explain it here, but it is very difficult to get down in just text.....but I'm working on it.Ignored
DislikedGood to see postings of your Great Mind again, -tks for being here... Spud, I finally started to practice your TS... was experimenting a bit... have put Stoch 5,3,3 and RSI 5 [80/20] side by side and noticed that RSI is giving more precise direction-change points than Stoch... RSI 3 points are even more distinct... everything else as per your TS...
Would you please let us know why you prefer Stoch as opposite to RSI...?Ignored
DislikedThis is intersting & all true but it mainly relates to pair price,
I think MTFT & esp. the stochs are better used predicting monentun
"the big Mo" then stating price.
ie. I live very close to two of the bussies highways in N.A.
I can tell the direction & spead of the cars just by looking ..easy
but I can also predict the spead & direction of the ones coming after
why?
Because to change direction or spead one of two things would have to happen.
1. A slow down or spead up must happen slowly.
why? because other wise you will have a crash
2. which is the other thing that can happen .. a crash
but both the Highways & the 4X are basical run by admin guys & computer
both of which do not like crashes... so both the HWs & 4X are very predictable
...with times of panic when the unpredicable happen... crashs
now the good news is in the 4x we have times ..call news & interst rate info.
that reset the whole thing & we start again
... these in fact take a lot of the crashs out of the 4X
you can for sure make money using MTFT & stochs to show price for sure
or make a lot more money using them to show you the big "mo"
& the big money.
just my thought...
good luck spud & everyone else
TEBIgnored
DislikedNice analogy. I totally agree with the momentum ideology. It is definitely a point for further discussion...but my idea behind this thread for now has just been to show people a reliable way to make pips using a simple foundation and keep people on the "winning" side. For now I'm just trying to let people know they can "drive" on the forex highway and make it through safely without worrying about crashing...and that they can be in full control when they know where the lanes are.Ignored
DislikedIt's nice to see your thinking in real time. As I see the GBP/JPY setting up at 12:00 GMT, the 1 hr is still trending up, just hitting the 80 line, 15m is nicely down, and 30m is starting down, just about to cross the 80.
So since the 1 hr is not yet confirming down, there is no sell signal yet.
Anybody else reading it the same way?Ignored