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- forexweasel replied Nov 17, 2008
It doesn't hurt to try!
Spud's Predictive MTF Stochastics(backtest) Spud thanks for explaining that, for you insight, and for the best system(s). So far my best results are trading your PMTF stochs with a decent longer term MTF behind it. FW
- forexweasel replied Nov 17, 2008
Agreed, I always do better entering a true MTF trade using Spud's new M5 entry. But he did also bandy about entry based upon m5xm15 stoch crossover. After looking at three days worth of backtesting now, I'd say I'm going to stick to the original ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 17, 2008
not so good — Looking at the m5m15 stoch crossover signal for 11/13, there were 42 trades, 22 winners and 20 losers. If figure you lose 2 pips to slippage per trade, hence -60 or so on that day. Wonder is there's an easy way to filter out the ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 17, 2008
each trade either hit SL or TP. They are stricltly m5xm15 without the usual spud m5 trigger signal with m15 follow-through.
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 16, 2008
M5XM15 Stoch Crossover — I looked at 11/14 using the m5xm15 indicator to trade. Trades were taken on the open of the next bar immediate after the indicator arrow prints, of course in the direction of the arrow. SL and TP were both set to 10 ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 14, 2008
For sure, these are the trades I lose money on.. I agree discipline and maintaining the integrity of the system is the key - when following the rules you can make serious and consistent pippage.
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 14, 2008
correct me if I'm wrong, but I think forex markets are open but our brokers are not...hence the so called "gap" on Sunday on our charts when our brokers open again. For example mine, Interbank FX closes at 4pm EST but I know others are still open ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 14, 2008
missed it! — JD, I turned away for like five minutes and poof it was all over! Your careful monitoring earned you some extra pips to end the week! Have a great weekend fellow spudites. FW
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 14, 2008
that's funny —
Spud's Predictive MTF StochasticsAnyway a short trigger just now and the longer stochs look to be curling down, but nearly 15m for the next closing of the 15m stoch so twiddling thumbs and waiting...be still my clicking finger A nice short now for a ...
- forexweasel replied Nov 13, 2008
answered my own question — I'm in already at 1.2788 and moved sl to be after using the standard m5 entry. We'll see how far down it goes (perhaps 50% retracement?) before it gives a MUST close exit. anyone else in on this? FW
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 13, 2008
retracement — Any ideas on how to play the huge retracement that's due on this 400 pip move? Standard MTF stoch rules with M5 entry?
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 13, 2008
thanks Cindy — That makes sense, I also noticed that the M15 was about midway down when it hooked up briefly, triggering my buy, then continued on its way down. Perhaps the M15 being in the middle of the stoch range was a clue to the ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 13, 2008
Fellow Spudophyles please help — Did anyone else see a long entry at 13:30ish? I had a long trigger then my M15 stoch closed up and I entered long....and got HAMMERED big time
Spud's Predictive MTF Stochastics. The next 15 stoch closed down and I died. Did I accidently ...
- forexweasel replied Nov 11, 2008
I love to ride — As I take my second good escalator ride in two days (+79 pips yesterday, and plus 60 and still riding today) I feel compelled to say THANK YOU to the Spudmeister for taking the time to share his experience and wisdom on how to ...
Spud's Predictive MTF Stochastics
- forexweasel replied Nov 9, 2008
forex taxation in malaysia — Hey, seriously, I want to know...how is forex income taxed in Malaysia. Whether for citizens or non citizens I really want to know!!! FW
Malaysia
- forexweasel replied Nov 8, 2008
taxation in Malaysia — Does anyone know how forex earnings are taxed in Malaysia? Thanks. FW
Malaysia
- forexweasel replied Nov 5, 2008
MTF trades 11/5 — There were two decent buy points for mtf trades on the eurusd today. I'm thinking that the best plan is to wait for the h4 to turn down and look for another entry short this time, might not even be today. anyone...anyone... ...
MTF Stochastics
- forexweasel replied Nov 4, 2008
Thanks Tomas! — Thanks for the reply, the links are useful FW
Living Off Fx
- forexweasel replied Oct 22, 2008
THANKS — Thanks endroute for that feedback, I appreciate it and the time you took. FW
MTF Stochastics
- forexweasel replied Oct 22, 2008
too late and got burned? — Spuds, et al Can you guys look at these stochs on this trade that just bit me and took out my SL? the lime green is the 5.3.3 for the current charts TF and the purple lines are 5.3.3 MTF stoch for the next higher TF ...
MTF Stochastics