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bringin sexy back - stochastics
like most people ive made money lost money always lookin for somethin that works bla bla blaaaaa were all really tired of talkin about that arent we?
well finally "found" somethin its actually the slingshot system by buffy or i think its called "bline" and i made my own version which is slightly a bit different from his template.
this works on any timeframe really. but i prefer either scalping it on the 5 min or 15 or 1h maybe 4h.
money management? thats up to u. my stops are discretionary and i look at previous highs or go for 10-15 pips if im trading 5min or 15 min it really depends on alot of stuff. but im sorry i cant help u there since ive done very well on counting on my experience when it comes to stops. same with targets. at least aim for the same as the stop u use. plus this system was made for nasdaq and SnP and its deff different from fxxxxxxx.
but this is not gonna be too worrying because im only gonna write and show the best trades. no reason to over trade and no reason to enter a half assed trade or one ur not too sure off. only look for the best best trades so that ur stop can be tight and u can secure an easy 25-30 pips a day on the 5 or 15 min. i can almost assure u theres a perfect trade everyday.
the setup:
stochastics:
k:20
d:10
slowing:20
well finally "found" somethin its actually the slingshot system by buffy or i think its called "bline" and i made my own version which is slightly a bit different from his template.
this works on any timeframe really. but i prefer either scalping it on the 5 min or 15 or 1h maybe 4h.
money management? thats up to u. my stops are discretionary and i look at previous highs or go for 10-15 pips if im trading 5min or 15 min it really depends on alot of stuff. but im sorry i cant help u there since ive done very well on counting on my experience when it comes to stops. same with targets. at least aim for the same as the stop u use. plus this system was made for nasdaq and SnP and its deff different from fxxxxxxx.
but this is not gonna be too worrying because im only gonna write and show the best trades. no reason to over trade and no reason to enter a half assed trade or one ur not too sure off. only look for the best best trades so that ur stop can be tight and u can secure an easy 25-30 pips a day on the 5 or 15 min. i can almost assure u theres a perfect trade everyday.
the setup:
stochastics:
k:20
d:10
slowing:20
