Hello Traders!
When Spudfyre generously gave his time to developing his original thread on Multiple Time Frame (MTF) Stochastics, I stayed with it while he mentored each and every one of us on the specific details of his methods. No doubt, MTF Stochastics, with experience, can be a terrific method of trading. Spud was a great teacher and mentor, but he has sadly vanished from the scene. Hopefully he will return one day, but until he does, I'd like to continue to learn as much as I can. And, believe, me, I still have a great deal to learn.
His original thread (suggested reading) can be found here:
http://www.forexfactory.com/showthread.php?t=22105
So, I've decided to start this brand new thread, devoted exclusively to The Art of Trading with MTF Stochastics. The specific purpose of this thread will be to help us learn not only the basics, but the more subtle nuances of the MTF Stochastic methodology, so that we can all become better, more efficient -- and successful -- traders.
It is my desire to maintain more of a "purist" group, not so involved in cluttering up our screens with endless auto-pilots and mechanical indicators (except, of course, for the more common basic pivot points, Fibs, S&R lines, and perhaps a few MA's) so that we can concentrate on seriously honing our trading skills and learning how to utilize and/or integrate MTF Stochastics effectively (if not exclusively), in order to add many more pips to our daily diets.
Let's share our MTFS trades, explain what worked for us (or didn't!), how we set up our charts, how we identify a proper setup, what to look for, and so on. I would like to make it clear that I am NOT a long-time forex trader, and definitely NOT an expert. I'm just very interested in this methodology, and I want to refine my skills as much as possible, while sharing my experiences with others.
I invite you all to please feel free to ask questions and contribute your knowledge whenever you can.
Thanks!
When Spudfyre generously gave his time to developing his original thread on Multiple Time Frame (MTF) Stochastics, I stayed with it while he mentored each and every one of us on the specific details of his methods. No doubt, MTF Stochastics, with experience, can be a terrific method of trading. Spud was a great teacher and mentor, but he has sadly vanished from the scene. Hopefully he will return one day, but until he does, I'd like to continue to learn as much as I can. And, believe, me, I still have a great deal to learn.
His original thread (suggested reading) can be found here:
http://www.forexfactory.com/showthread.php?t=22105
So, I've decided to start this brand new thread, devoted exclusively to The Art of Trading with MTF Stochastics. The specific purpose of this thread will be to help us learn not only the basics, but the more subtle nuances of the MTF Stochastic methodology, so that we can all become better, more efficient -- and successful -- traders.
It is my desire to maintain more of a "purist" group, not so involved in cluttering up our screens with endless auto-pilots and mechanical indicators (except, of course, for the more common basic pivot points, Fibs, S&R lines, and perhaps a few MA's) so that we can concentrate on seriously honing our trading skills and learning how to utilize and/or integrate MTF Stochastics effectively (if not exclusively), in order to add many more pips to our daily diets.
Let's share our MTFS trades, explain what worked for us (or didn't!), how we set up our charts, how we identify a proper setup, what to look for, and so on. I would like to make it clear that I am NOT a long-time forex trader, and definitely NOT an expert. I'm just very interested in this methodology, and I want to refine my skills as much as possible, while sharing my experiences with others.
I invite you all to please feel free to ask questions and contribute your knowledge whenever you can.
Thanks!
Jeff Singer, K2KV