hey dave, I still use it on the 15min, though i suspect its just that i have more experience now as I only trade one pair, so my win ratio is pretty good as in 7:1 or so. I don't rely on the stochs, just use them as a confirmation, still use the 50 EMA and S&R lines. R:R again is something i dont pay alot of attention to do to how I manage my trades. I move my stop after 10-15 pips, so I have alot of BE trades, plus I close them manually depending on the PA and some run to TP levels. I average between 600-800 pips a month overall

Cheers

Hello cdawg. Are you still using the mtf stochastic method from infots thread? If so how have the results been? I am starting to use it on 4 hr, and see you use 15 min time frame? How is your win loss in this low time frame? RR? Thanks Dave

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Forex Rebates & CashBack

Yes i still use it, though only the roping stoch indicator and on the chart I only have pivots and the 50EMA. Yes I do trade off of price action entirely. It took me a while to figure it out but i think it was Ingots wide SL that let him be successful with his rainbow technique, i mean with a SL of 200-300 pips, its not that hard to be lucky.

Basically i use the stochs ont he 4hr and daily, I use the 50 EMA on the 15 min TF to place my orders. Its pretty simple actually. I posted something about it in the newbie form a few weeks ago.

cheers

Cdawg, Id like to follow up on the rainbow. Are you still using it? My email is davewooldridge@comcast.net, thats my best contact, I dont come here often. Thanks Dave

cdawg, I have read the rainbow ingot54 thread. On incredible charts the thread died. i am interested in your modificaations to it, and why there doesnt seem to be much interest. Also a post by ingot at incredible charts that he had moved on from rainbow and was using "Price Action". Your thoughts? Thanks Dave

no problem, glad to help

Thanx u for the advise