i appreciate the %s on these systems--but my main
question is what did you see--- if i understand this correctly then
the 60 stoch staying over the 80 overbought gives confidence
to a buy trade in this instance if the other shorter term
indicators get oversold ??? Is that the basic thrust
here -- Id love some clarity---thanks
yes basically, 60 Stochastic is at 91% while a %R
indicator is oversold. Again it's similar to the Stochastic
momentum stuff where 60 Stochastic is over 80 while a 10 stochastic
gets oversold.
also as a side note the trend/pullback system will likely go
long on Monday even if price is up some.
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i appreciate the %s
SPY Systems possible trade today - read details
Posted by watcdy on 21st of Feb 2020 at 04:27 pm
i appreciate the %s on these systems--but my main question is what did you see--- if i understand this correctly then the 60 stoch staying over the 80 overbought gives confidence to a buy trade in this instance if the other shorter term indicators get oversold ??? Is that the basic thrust here -- Id love some clarity---thanks
yes basically, 60 Stochastic is
Posted by matt on 21st of Feb 2020 at 04:49 pm
yes basically, 60 Stochastic is at 91% while a %R indicator is oversold. Again it's similar to the Stochastic momentum stuff where 60 Stochastic is over 80 while a 10 stochastic gets oversold.
also as a side note the trend/pullback system will likely go long on Monday even if price is up some.