The Stochastic Indicator

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Quote from oddiduro:


Now, about the speed of the trend. You have parameters on the C&R log for fast vs. slow trends. What is fast and what is slow for us?

Please correct any flaws that you see. I'm off to Office Max for some supplies:cool:
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Jack wants you to discover things on your own as it makes things much more concrete in your head. When people get things for free, they do not put value in it.
Here is a hint for trend paces. In a rocket, the stoch is taped between 80-100 and 0-20. Try to figure out where the stoch is taped in a medium and slow pace. :eek:




jc
 
Quote from nwbprop:



Jack wants you to discover things on your own as it makes things much more concrete in your head. When people get things for free, they do not put value in it.
Here is a hint for trend paces. In a rocket, the stoch is taped between 80-100 and 0-20. Try to figure out where the stoch is taped in a medium and slow pace. :eek:




jc
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Okay, fair enough.

Right now, I'll will stick with the angle of slope, as this has been very effective thus far.
 
Quote from oddiduro:



Okay, fair enough.

Right now, I'll will stick with the angle of slope, as this has been very effective thus far.
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I am not saying to lose the angle approach. Just add to it. Once you get down some sequences for slower paces, you will see that everything fits together(including angles). hope you have that rocket short:D .




jc
 
Quote from nwbprop:




I am not saying to lose the angle approach. Just add to it. Once you get down some sequences for slower paces, you will see that everything fits together(including angles). hope you have that rocket short:D .




jc
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Just left it ( early), at 992

The reason it was early was because my nearest C&R stop was at 999.25, and I didn't wait for point 3.

I will see how much I left on the table, when I do my homework tonight.
 
990.00

Reason:

Point 3 appears at 10:05 bar.

Failure to traverse at 10:15 bar

DU at 10:20 bar

Stoch now clearly out of rocket zone.

Clean channel break at 10:30 bar.

Cost of early exit was 2 points.
 
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