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Lema/Stuggs with J Ray’s Tweaks (30-60 second trades)
Not exclusively for EUR/USD but safest with this pair.
These trades are only 30-60 second trades
1. Look at EUR and DX 1hr, 15 min, 5 min to establish overall direction of trend.
*Realize that you are only trading up to a minute maximum and that this is to just give you the bigger picture, so to speak. Do NOT solely base a 1 min or 30 sec trade on 5, 15 min and 1 hr charts.
2. Determine trend of EUR and DX more closely by using 15 and 5 min charts pink/super arrows for more info. You want to look for trending pink or super arrows.
TIMING is everything here
3. When you can confirm overall trend and when you see pink/super pink show up on each 1 min chart respectively (in opposite directions), this is when you take a 30-60 sec trade on the EUR.
*A true STUGGS is when the EUR correlates with the DX, so realize you need both charts to cooperate in order to make this trade.
4. From the start of the candle wait until 15 seconds for pink arrows to stay stationary and become successful (no flashing or failing arrows).
Two different arrows – Regular and Super
– If regular pinks show up and are successful wait for 15 second mark before entering trade
– If super pinks or whites show up quickly, wait 5-10 secs before you get in (Here you can get in a little early but I would suggest no earlier than 10 sec mark).
*Always remember the sooner you take it DOESN’T necessarily mean the safer, rather you want to get in in a timely manner but make sure signal stays. Make sure signal stays and that you take no later than 15 seconds. I will NEVER take a 30-60 second tradepast the 15 second marker on the clock.
UP TO THIS POINT THIS IS ALL STUGGS STRATEGY
(The following will have J Ray’s tweaks for more probabilities of success)
I love the STUGGS and I fully give credit to STUGGOTS for coming up with the original strategy. It works and I know firsthand it does. My tweaks add on to the strategy for added success and do not take anything away. I will go through some of the indicators that I use, but for the most part you use STUGGS as your format strategy.
1. Momentum and Super Pinks are some of the most helpful indicators when attempting the STUGGS.
*Please pay close attention to each.
2. When trading with the trend, momentum bars and super pinks can be in abundance.
*Know that taking a trade correlating with momentum (I usually say any momentum with the trend is just an added bonus, you don’t necessarily need a minimum amount of bars).
*Sticking with the trend is easy, keep it that way if more comfortable. Learn to do it this way first.
3. On the flip side here, when trading against the trend, momentum bars and super pinks can make sure your 30-60 second trade goes through.Be cautious here, only once you’ve mastered the STUGGS with the trend should you then get into this.
*When I trade against the trend I need confirmation of super/white pinks or momentum bars (3+)
Say the overall trend on the 1hr, 15 and 5 on DX is down. This would mean that the EUR/USD is in an uptrend (doesn’t happen every time, have caution the DX and EUR currency can act up in special occasions). I could get in on 30-60 sec tradedown on the EUR/USD only if I had either super pinks correlating or 3+ momentum bars.
5 and 15 Minute Intervals on Charts
When the candles close on the 5 min and 15 min charts for EUR/USD and DX:
1. If NEW arrows show up quickly and stay successful for about 15secs on 5 min and 15 min charts, and they correlate with the direction of your pink/super pink on 1 min, know that this trade is of 90%+ success rate. Take this trade on the interval of 5 and 15 min candlesticks. Added- If you have super pinks or more than 3+ momentum bars this trade has a 95%+ success rate. (Both of course is deadly accurate).
