There was a really nice trade in VXX and what I noticed was that
the trend line break took place just when the 60 Sto was bending up
from having been very oversold and the fast sto had successfully
backtested the 50 line and was crossing back up. The combination
made for a quick explosion to the upside. Thanks for all the
pointers -- the more I work with these stochastics the more I like
them.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Matt -- another way I'm looking at your Sto configurations
Posted by puma on 5th of May 2016 at 01:53 pm
There was a really nice trade in VXX and what I noticed was that the trend line break took place just when the 60 Sto was bending up from having been very oversold and the fast sto had successfully backtested the 50 line and was crossing back up. The combination made for a quick explosion to the upside. Thanks for all the pointers -- the more I work with these stochastics the more I like them.