Hey @ragzs, I haven’t entered yet, because I have been burned by entering into trades pre-maturely.
Even if the Stoch might have hinted to move below 80, I still wouldn’t have entered, because the RSI was above 50. PhilipPirrip has added the importance of the RSI somewhere in the middle of the thread which has been very helpful to increase the number of profitable trades substantially.
I feel that there are quite a few signals on a weekly/monthly basis using this system if you are trading multiple pairs, so I would recommend you pick and choose trades which have higher success probability based on the number of confluences.
These are just my thoughts and would still want you to explore on your own or get more info from Philip himself as I am only a few months old in the FX industry.
Best of luck!