EURAUD: Everything was in agreement. Stop is at b/e and I will keep a close eye if/when the price approaches the res level below the pivot. That's also the high of the day. UPDATE 9:52 GMT: Closed at 16 pips. Reason was price failed to make a new ...

MTF Stochastics Trading

You might as well be right about pivots, guys. I caught this short (demo unfortunately) and exited when price was hesitating on what was a clear support area, but the pivot is also there... At the moment I'm typing, pressure is still on the short ...

MTF Stochastics Trading

Well, if you go back to one of the early pages, bobby did mention the possibility to enter before the MTF cross by following the CTF cross, as long as the MTF is in agreement. Coming from an extreme might add up to the strength as also considering ...

MTF Stochastics Trading

I suppose the idea is to look at its direction not at the cross... P.S. - How did you get on yesterday? I hope it was good although last Friday and last day of the month. There surely were good chances, just by glancing back at a few charts, but I ...

MTF Stochastics Trading

To follow up mistakesr's idea, maybe a suggestion for those who don't have a double screen or want to save screen space: to load a second MTF stoch with fixed TF (the dashed line shows a 30M MTF stoch).

MTF Stochastics Trading

That sounds like a sensible and interesting approach, without affecting the main guidelines of the OP. I won't be able to trade live until the new year, but I will keep an eye on your idea. Do you mind posting your fib indi as the one I have does ...

MTF Stochastics Trading

Aye, me too

MTF Stochastics Trading

Hello mate. I hope you don't mind if I comment. The GU short was taken just before NY open: I personally don't trade just before that time, and wait even longer if there are news at 13:30 GMT (9:30 EST), but if I was in the short, I would have ...

MTF Stochastics Trading

Ok, my mistake, sorry: I thought you had some kind of tester plus EA. I have searched for this EA but I couldn't find it although only now I noticed that hundsbua is one of the posters on this thread. I wouldn't know where to start anyway to do that ...

MTF Stochastics Trading

Pretty thorough job there, mate, thanks. Hoping it wouldn't be too much to ask, would it be possible to ask for a similar test on M5? Just curious if the exits keep up compared to M15. No need to go through all those pairs: as far as I'm concerned ...

MTF Stochastics Trading

...and just to carry on about what I consider a weak entry, the vertical line marks what could be a reentry, but I see a few cons though: the MTF is not coming from the opposite side of 50 and slope is not steep, the momentum is not strong but one ...

MTF Stochastics Trading

I would like to show a trade that i just took based on what I said in my last post on momentum, even before the bar closed. Both the the CTF and the MTF were pointing down with a strong angle. Now it's only about managing. I might be wrong but the ...

MTF Stochastics Trading

Ok, but I see some quite "rich" charts there...

MTF Stochastics Trading

I must have missed your post and I'd like to share now my view on this, and for that I'm going to paste a few lines from bobby's pdf "It may be prudent to wait for for the MTF Stochastic indicator to complete its cycle (wait for a complete, ...

MTF Stochastics Trading

If I can add one more tip... (by the way, I couldn't resist this trade: the stochs angle again looked too nice to be ignored!). The price seemed to struggle at the 75 level so I decided to liquidate 50% and move the rest to b/e. Now it's more than a ...

MTF Stochastics Trading

I don't use particular filters to enter except trying to select pairs with higher daily range and avoid major S/R. My favourite pairs are GA, EJ, GJ. At times I use the dax but lately it's been a bitch so I have ditched it for now. What I like to ...

MTF Stochastics Trading

Ok, I get you now. I was a bit doubtful that an old veteran like you wouldn't know that trick... LOL

10 pips a trade

Unless you're looking for the suggestion in post #13 by rookie14 I'm not sure what you mean.

10 pips a trade

I definitely agree. As for myself I'm extremely happy with M5: plenty of chances all over all day long and losses are easily offset.

MTF Stochastics Trading