Stochastic signals confusion from different timeframes

Hey, Im confusing when Im looking stochastic osc. for example on 4H and the price and stochastic show me reversal (swing trade method) but on the daily chart stochastic show me oposite signal of reversal.... Im wonder which signal to follow this of 4H or on D1? Im looking to trade only on direction of the trend but on 4H the trend is one , and on D1 is other..... Hire 2 pic attachments of EUR/USD one of 4H and one of D1 at the same time:
Can you help me little?

If you use that method, (trading with the trend with stochastic indicator) the best entry is when the stoch is pointing in the same direction in both charts.

The problem is that I have not seen yet the same signal of both charts... every time the signals are oposite... Maybe the settings of stochastic are incorect? Hire again 2 pics: Maybe Im wrong somewhere or what?

You are trading in high time frames, the opportunities are less.
Patience it´s a virtue.

Start with D1. When you get a signal on D1 go to the H4 and start looking there for a signal in same direction. It may take days.

For example on 15th Feb the D1 crossed to give short. Then on 19th and 20th there were similar crosses on H4 also suggesting short.

I don't use Stochs.

Dimaka...your confusion is quite common. All you are seeing are market cycles (defined by your stochastic settings) on the various time frames. Using multiple time frames can cause confusion at first but can ultimately help you find good entry points IF you know how to use them. What looks like a bearish trend on an hourly chart may simply be a pull back and bear flag on a daily or weekly chart. Thus you will get bearish signals on your hourly time frame and a bullish signal on your daily or weekly time frame..

What Pipcorn is trying to tell you is that if you wait for the lower time frame (in this case the hourly chart) to turn back in the direction of the larger time frame, (in this case the daily or weekly chart) the stochastics will begin to show bullish signals on both charts. This does require a lot of patience and may become tiring waiting for that one (rare) signal that marks the end of the flag.

It is important to decide WHICH chart will be your "trading window". That is to say which time frame you will make your management decisions on. If for example you wish to use the daily chart as your "trading window" then you must look at all the other time frames and adjust your bias according to how you analyze the daily chart. While a simple concept, it is difficult to put into practice. But you can use the same concept on lower time frames as well. Many use an hourly or two hour chart with a 5 or 15 min trigger, it just depends on how YOU decide to do it based on your ability to analyze and make decisions and how quickly you can do it, AND how disciplined you can be.

Like any other method of analysis, multiple time frames is a double edged sword. What look like a pull back on a daily chart could end up being a reversal, that could've been traded early except for you bias on the larger time frame...however, the probability always favors continuation. This is usually an 80% chance a trend will continue, and an 80% chance a range will continue. Only 20% of the time do either of these situations work against the prevailing condition. (trend or range) Using these probabilities to your advantage is where the skill comes in as most trades are constantly trying to call small micro tops or bottoms, and subsequently are losing 80% of the time.

If you decide to use multiple time frame analysis, you must look at it through the "lens" of you trading window and have this trading window be the formation of your trading biases thereby making your entries "cleaner" than using just a single time frame.

Thank you very much, yes now is clearly what Pipcorn said
Ok, so I will tray to go Daily chart for major trend and major stochastic signal, then will wait on H4 to show signal in the same way as Daily.
I hope that will working, will see.
Thank you very much again gspajon, pipcorn, tooloud.

You're quite welcome...good luck with your trading

For years I turned my nose up at indicators

Then one day the stochastics started paying my bills and I started attracting investors.

The secret is R, and time of day, choosing the right pair, and constantly adapting to new market conditions.

What you mean with R?

You're being led astray


you'll see

good luck

and then this

How does your question above from your thread correlates with your statrment? Are you sure you are the same person to post these 2 messages? How many investors did you find asking such questions?

Hi guys, i am not sure if You still follow this thread, but i have a question.
Lets say i trade on D1 chart, i look on higher timeframes for trend confirmation, which one should i take as more important, W1 or M1 ?
As in many situation they show different information ? M1 sholwing trend in a direction i have a good trade point on D1, but W1 definatelly shows that price will go in opposite direction. What do You think i should do ? Follow M1 or W1 ?

that depends how long you wanna hold the position for and your comfortable with for drawdown, and potential profit