As you know I'm no fan of indicators, but I was looking at an article from Sam Seiden on our very own T2W:
He is the ultimate PA guy yet here he is using a stochastic to trade a trending instrument by ignoring all buy signals and only taking overbought signals to sell. I put it on Dax chart from yesterday, it works very well in TRENDING market it even caught the turn and gave a nice signal when the trend reversed.
whats that red shaded band in the middle of bolly?
? are u allowed to say or is it a "secret" ?
Happy Crashing !
Happy Crashing !
mornin' all
Ah, Jessi, you're just trying to justify your shorts 😆. Hope it holds off a bit I've got barc and rbs longs running this morning
The bolly line are standard .2 dev and the shaded is .5 dev
I use it to keep me in the trade where the price stays in the 'white' space. It also gives the first hint that a squeeze is on
mornin' all
Ah, Jessi, you're just trying to justify your shorts 😆....
Ftse
mornin' all
Ah, Jessi, you're just trying to justify your shorts 😆. Hope it holds off a bit I've got barc and rbs longs running this morning
Does anyone have problem with IG pro chart? I can't open it keep getting Java error?
thanks
exit and entry from those areas would work nice as order triggers,
Does anyone have problem with IG pro chart? I can't open it keep getting Java error?