Stochastics

[Lucrum]

I'm not offering advice, just asking a few questions and making some observations.

 

[MandelbrotSet]

silvermotion removed his charts, and yoohoo left the juicy tidbits out of his ... hmm, now I see why. :eek:

 

[Stealth Trader]

Quote from MandelbrotSet:

LOL, thanks guys!

Care to advise me on my money management while you're at it?

It’s obvious from your night and day postings of trivial nonsense you don’t have any money to manage!!!! Oh, I’m sorry…..you must have been referring to your demo account. I hear they will reinstate your 100K after you lose it. Not to worry!

st

 

[Stealth Trader]

Quote from Lucrum:

I'm probably still missing something but it looks to me you could do away with the stochs and just use the color zones.

You can do away with the lagging colors as well. Price is all you need if you know how to read it.


st

 

[Stealth Trader]

Quote from nkhoi:
Quote from shortorlong:

... If I see the stochs remaining in the overbought/oversold range, then I can assume price is in a trend on that particular timeline. ...

you got it!

No need to "assume" if you learn to read price action.

I’m still waiting for anyone to show what value indicators give, other than being late to the party, that price alone cannot immediately depict. Could it be they can’t? :eek:

st

 

[Lucrum]

Quote from Stealth Trader:

You can do away with the lagging colors as well. Price is all you need if you know how to read it.


st

I was thinking the same thing. I'm just trying to give him the benefit of any doubt and a chance to explain.

 

[Stealth Trader]

Quote from Lucrum:

I was thinking the same thing. I'm just trying to give him the benefit of any doubt and a chance to explain.

You’ll have to excuse little jimmy, he merely yaps to be noticed and patted on the head. Next week, he’ll no doubt be posting in a MACD thread explaining how he scalps multiple markets using MACD complete with, you guessed it, his original MACD charts painted in pretty colors! Oh wait, my bad, he already did that a while back. No, on second thought, he'll be in the point and figure thread explaining to everyone how P&F is the cat's meow of trading.........complete with unoriginal quotes and no doubt, a few charts painted in those wonderful colors.


st

 

[MandelbrotSet]

Quote from Stealth Trader:

You’ll have to excuse little jimmy, he merely yaps to be noticed and patted on the head. Next week, he’ll no doubt be posting in a MACD thread explaining how he scalps multiple markets using MACD complete with, you guessed it, his original MACD charts painted in pretty colors! Oh wait, my bad, he already did that a while back. No, on second thought, he'll be in the point and figure thread explaining to everyone how P&F is the cat's meow of trading.........complete with unoriginal quotes and no doubt, a few charts painted in those wonderful colors.


st

If you're trading stocks and you're using it in conjunction with Bullish Percent charts and Strong/Weak Sectors vs the S&P500 (it's called drill-down analysis), yeah, I'd say PnF charts are the cat's meow.

 

[MandelbrotSet]

Quote from Stealth Trader:

It’s obvious from your night and day postings of trivial nonsense you don’t have any money to manage!!!! Oh, I’m sorry…..you must have been referring to your demo account. I hear they will reinstate your 100K after you lose it. Not to worry!

st

Um, sounds like you have a lot of experience with this st (has ProfLogic been giving you pointers again?) ...

 

[nkhoi]

alright! getting back to the regular program, I found this pdf, it has stoc, macd, pretty color ribbons, you name it. It has its drawback but then again it's free.
http://www.megafileupload.com/en/file/54897/ribbons-pdf.html