I guess it took me about 30,000 + hours of screen time to figure it out. But The toughest one was the stochastics~ beleve it or not. it works along the same lines as the moving averages. In my veiw once the moving averages cross to the downside the stochastics start functioning differantly. because the biase has turned bearish. When the Biase is bearish you shouldnt use the oversold feature on the stochastic. you only use the overbaught feature. ( meaning at any pullbacks you waight for the stochastics to cross in the 80 or above zone.
ES Journal Archive (2006 - 2008)
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I guess it took me about 30,000 + hours of screen time to figure it out. But The toughest one was the stochastics~ beleve it or not. it works along the same lines as the moving averages. In my veiw once the moving averages cross to the downside the stochastics start functioning differantly. because the biase has turned bearish. When the Biase is bearish you shouldnt use the oversold feature on the stochastic. you only use the overbaught feature. ( meaning at any pullbacks you waight for the stochastics to cross in the 80 or above zone.
stopped out for +5 on the trailing stop.... damn, they just got me... trailing exits have not been doing well lately... Have to follow the plan.. but frustrating at times.
Looks like the bear is commencing.. I wouldnt be long anything... next week could be at 1350 faster then you can blink an eye..
Looks like the bear is commencing.. I wouldnt be long anything... next week could be at 1350 faster then you can blink an eye..
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