Jump to content



Photo

Tip: Stochastic Trade


  • Please log in to reply
1 reply to this topic

#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 22,017 posts

Posted 18 June 2019 - 08:30 AM

Long ago, a friend told me that a surprising amount of the time, a Stochastic "Sell" is actually a sign of strength. While that's true enough, some Stochastic settings are good enough that I'd not want to fade them very often. Still, there are times.

 

So, here's the tip: take a look at your more favored stochastics (or, if you don't have any, take a look at a bunch of them until you see one that looks like it works really well. Now, look for "sell" signals that are generated from flat or even up markets. Many times (most times), you'll get another, substantial run higher after getting one of these "sell" signals.

 


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#2 opinionated

opinionated

    Member

  • Traders-Talk User
  • 4,937 posts

Posted 18 June 2019 - 06:21 PM

I have noticed the same thing on some weekly MA cross overs.