Hi Shanexx, have you figured out how M uses his stochs for pullback and entry ?

"Katana Trading Strategy"

Has anyone managed to figure out how to use stochastics as 1) to signal a pullback (2) to signal a continuation, both with the trend Ive been trying out various different settings and I cant seem to get anything that is anywhere near accurate. ...

"Katana Trading Strategy"

From that chart it looks like your indi's did singnal a continuation. Im asuming the top 3 indi's when they indicate red = short ? Or is the arrow on the chart pointing to the wrong one ?

"Katana Trading Strategy"

thanks

"Katana Trading Strategy"

was it (1) or (2) ? image

"Katana Trading Strategy"

Hi M, which candle did you enter the break on ? I cant seem to figure it out from that chart you posted. Cheers Dan

"Katana Trading Strategy"

Thanks for the reply At least I know im looking at the charts in a similar way

"Katana Trading Strategy"

Guys, M is unlikey to just post up his template for reasons he has given already. Read his posts from the start and you will find that he has given plenty of information that will allow you to figure out what he is doing/looking at.

"Katana Trading Strategy"

hmm ... getting a little confused with these charts and the indicator entry singnals. M, can you have a look at this chart below and explain if the the first setup (1) was valid. If not what are the reasons why. As far as I can tell it seems like ...

"Katana Trading Strategy"

Hi M, actually I was looking at the indicators on that chart of yours and it seems the indicators lined up with price. Thats what im confused about .. ?

"Katana Trading Strategy"

Hi M, Just having a look at your charts. I was wondering if you could explain what made you stay out of the market in the areas indicated below on one of your charts ? The retracements seem valid to me. image Cheers Dan

"Katana Trading Strategy"

If you read his posts and charts you can see that M's method is quite simple. He's basically playing the pullbacks WITH the trend. The trend is identified using 3 different moving averages. It doesnt really matter which ones - e.g. use 50, 100, 200. ...

"Katana Trading Strategy"

Nice thread you got here M. I will be keeping on eye on this one aswell as DW's thread.

"Katana Trading Strategy"

Nice trades DW These charts are really helping me learn a lot. Cheers Dan

Price Action and Trading Discussion

Nice ! Did not see that opportunity myself.

Price Action and Trading Discussion

lol didnt see that EU GU drop coming.

Price Action and Trading Discussion

Yep the bar closed as a green doji on my charts. Waiting for the low of that congestion area to break image

Price Action and Trading Discussion

Unlucky on that GU trade. Moved down nicely initially. Did not see that one my self. Whats your opinion on AUD 15m ? If this bar closes as a pinbar. image

Price Action and Trading Discussion

Morning All Thanks for the chart DW

Price Action and Trading Discussion

Hi mate, Thanks for the advice, appreciate it I Havnt really had a chance to look at the charts the last few days as ive been really busy + got a wedding reception to go to tonight. Next monday ill be back on. Oh and thanks for the charts ...

Price Action and Trading Discussion