it didn't trigger short yet, it simply closed in the range to
watch for a trigger - %K needs to cross below %D in order to
trigger within that close range, %K is still above %D, no trigger.
Tomorrow morning if price gaps up, the 60 Stochastic will
simply go above 80% and thus the setup will be lost
it didn't trigger short yet,
SPX 60 min
Posted by matt on 29th of Jan 2016 at 12:36 am
it didn't trigger short yet, it simply closed in the range to watch for a trigger - %K needs to cross below %D in order to trigger within that close range, %K is still above %D, no trigger. Tomorrow morning if price gaps up, the 60 Stochastic will simply go above 80% and thus the setup will be lost
Thanks. If the stochastics do
Posted by junkie on 29th of Jan 2016 at 12:44 am
Thanks. If the stochastics do cross, please post. In 2011 this setup up resolved to the upside for a fake-out.
since you were here and
Posted by matt on 29th of Jan 2016 at 12:59 am
since you were here and up, hope you just caught that nice short on the 10 min ES chart, perfect doji setup