Morning Marcin and a Happy New Year to everyone. I noticed that as well. No news releases that I know of. It could just be volatility you sometimes get before and after holidays - interbank rate setting, profit taking, whatever. I did read this at ...

The Art of Trading with MTF Stochastics

Risky or.. foolish — Yes, believe it or not, the H1 and M30 were pointing downwards at the time the trade was opened. But you are right, it doesn't meet any proper rules. Very risky is putting it politely...

The Art of Trading with MTF Stochastics

What a mess!? — Here is what I would consider to be a classic failed trade taken today: image Instead of entering a couple of bars earlier when the M15 had just touched and then left the 76 line I waited for the 30 and 60 stochs to confirm, ...

The Art of Trading with MTF Stochastics

domchick — I really appreciate the efforts of domchick to create a useful EA. I have tested the various versions with mixed results. This method works best when trending. This may seem an obvious statement but what I would propose is that the ...

Multi Ema Cross system

You're right — But it was busier earlier at the London open. Sparks may fly later, in about 6+ hours, when we have the USD interest rate decision.

The Art of Trading with MTF Stochastics

Also bullish candle on last hour...

The Art of Trading with MTF Stochastics

Keeping an eye on: — EUR/USD long USD CAD short AUD JPY long

The Art of Trading with MTF Stochastics

I think the question is already answered

The Art of Trading with MTF Stochastics

Pippo — Hi Pippo. You are quite right. To be clear I should have said the stochastic segment traced on the chart finalises at the end of the candle. But that does not mean it is not possible for the stochastic chart (and the price) to set off ...

The Art of Trading with MTF Stochastics

Close: — Yes, but even then can reverse. Have an eye on the higher timeframes. I like to keep an eye on RSI and EMA's in higher time frames for trends and when the price is consolidating - some or all ema's are converging and it's definitely ...

The Art of Trading with MTF Stochastics

nate — Hi natejax, welcome. I'm sure you are going to have lots of success if you study this method carefully. When I started I did just what you have described and it creates a very exciting anticipation. You probably already know this but I ...

The Art of Trading with MTF Stochastics

No problem — Yep I can get it for you. Even a Polish translation available. Check your pm. Regards...

The Art of Trading with MTF Stochastics

k2kv — Did you notice the "engulfing candle" at the start of the move in your UJ trade? I think you must have. I have been reading up on price action and this is the sort of thing I'm looking for all the time now. It seems also that marcin has ...

The Art of Trading with MTF Stochastics

Good one Marcin — I thought that was a well thought through trade and even though it was against the recent trend it was obvious, from your explanation, that the price action supported it.

The Art of Trading with MTF Stochastics

Charlies. Thank you for that observation. Why is one indicator stepped and the other analogue? I mean, is there any advantage to it? Have you any other analysis to back up this potential trade? I like to look at longer TF mtf stochastics but I am ...

The Art of Trading with MTF Stochastics

Steer well clear at my level of competence. I am already in a long term trade and intend to leave that alone, but won't be trading mtf lower time frames until 20 to 30 minutes before and after the news to let the dust settle. I have had my fingers ...

The Art of Trading with MTF Stochastics

Marcin — I don't want to seem a smartass after the event, but did you see the M5 stochs for that failed UJ trade? Maybe could have waited for that to be positioned correctly? I always kick myself when I don't check and a trade starts off ...

The Art of Trading with MTF Stochastics

Morning marcin — Hey, I almost took that one myself. It did look right. Perhaps a question over the H1? Onwards and upwards...

The Art of Trading with MTF Stochastics

Pippo — What a great name, Pippo. I don't remember Spudfyre mentioning higher time frames but I was referring to Charlies post. In any case, Spudfyre has brainwashed me into "H4 is your trend". Sometimes I like to look at higher time ...

The Art of Trading with MTF Stochastics

As Charlies said, on GBP/JPY, with weekly, daily and H4 stochs all pointing down, only shorts are favoured for now.

The Art of Trading with MTF Stochastics