My chosen exit + 54.
No time to have a longer trade today (St Valentine's Day) ........
Preparartion is KEY.
TEAMTRADE
Re: Stochastic Cross Signal System And Testing
82A bit early for the US market but a telegraphed short - Boytoy for you.
Once again thanks to Mr Tools for the indicator.
TEAMTRADER
Once again thanks to Mr Tools for the indicator.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
83No trading today but this is the preparation - both the 4hr and 1hr charts S&R on the lower indicator waiting for confirmation. No trade till one breaks.
TEAMTRADER
PS
Same with 30m chart after the open of the US session. SHOWS ME THAT THIS SYSTEM IS REALLY GOOD.
Only the 5m chart would have been tradable for me.
TEAMTRADER
TEAMTRADER
PS
Same with 30m chart after the open of the US session. SHOWS ME THAT THIS SYSTEM IS REALLY GOOD.
Only the 5m chart would have been tradable for me.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
84A quick trade on the 1m chart to get something positive from the previous preparation.
Entry 44429 Exit 44466 - profit 37.
TEAMTRADER
Entry 44429 Exit 44466 - profit 37.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
85See the screen grab below and compare to the 30m screengrab previously in post 83.
NOTE that the stochs S&R traplines are still intact so the direction of the chart was correctly traded on the lower timescale chart.
This is a great tool to have.
TEAMTRADER
NOTE that the stochs S&R traplines are still intact so the direction of the chart was correctly traded on the lower timescale chart.
This is a great tool to have.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
86This is for a fellow trader - you know who you are.
He trades the S&P.
Perfection? Preparation.
1st chart the preparation on the lower indi shows the trap (exactly the values of the stochs) and as soon as it is broken the entry.
2nd chart shows the entry and the exit.
Exceeding safe trade.
TEAMTRADER
PS - give me a call at the end of the week to catch up.
He trades the S&P.
Perfection? Preparation.
1st chart the preparation on the lower indi shows the trap (exactly the values of the stochs) and as soon as it is broken the entry.
2nd chart shows the entry and the exit.
Exceeding safe trade.
TEAMTRADER
PS - give me a call at the end of the week to catch up.
Re: Stochastic Cross Signal System And Testing
87It has shown once again that the great set of indicators these are proving.
I saw the opportunity of a very quick scalp and was there to take it - safe trade with this system.
Entry is first and exit was second = 31 pts profit.
TEAMTRADER
I saw the opportunity of a very quick scalp and was there to take it - safe trade with this system.
Entry is first and exit was second = 31 pts profit.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
88I'd be surprised if anyone else had a profit from the Dow today by going long.
Great scalp for me I believe - Plus 75 pts.
All down to moving averages and the stochastic indicators by Mr Tools - MY HERO......
TEAMTRADER
Great scalp for me I believe - Plus 75 pts.
All down to moving averages and the stochastic indicators by Mr Tools - MY HERO......
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
89Should have stayed in - drat!
Always easy after the event but I should have trusted the first illustration above - when my Dema's were all in line - when I believed I had seen the bottom of the chart.
TEAMTRADER
Always easy after the event but I should have trusted the first illustration above - when my Dema's were all in line - when I believed I had seen the bottom of the chart.
TEAMTRADER
Re: Stochastic Cross Signal System And Testing
90I cannot claim to have been around to trade this move earlier BUT it proves to me conclusively that the system is all I have hoped it would be.
The attached illustration - US30M1 The perfect entry continuation - would have provided a trader with AT LEAST 250 pts.
The red overbought signal on the second indi (DIRECTION) was the key as both the lower indicators show obvious divergence.
Although I was not around at the time this has proven to me to be the safest scalping system I have ever used.
TEAMTRADER
The attached illustration - US30M1 The perfect entry continuation - would have provided a trader with AT LEAST 250 pts.
The red overbought signal on the second indi (DIRECTION) was the key as both the lower indicators show obvious divergence.
Although I was not around at the time this has proven to me to be the safest scalping system I have ever used.
TEAMTRADER
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- Abdi