Stochastics
Posted: Fri Sep 04, 2009 1:08 am
See the attachment for details.
A-This shows the high of the session spiking up.
B-Stochastic settings of 14,14,14 shows a high and rounding separation of the K and D indicates pair is maxed out.
C-Stochastic settings of 9,5,5 is great for showing Divergence. Here the price is spiking higher and notice how the indicator is heading down. Solid Divergence. This is screaming SHORT.
D-Stochastic settings of 3,3,3 is fast and shows Divergence also here and is screaming SHORT.
NUGGET - If you see the 14 Stoch %K hit 80 and flat line for 4 candles or soo, expect a pull back and bust to new highs. It will also do this near 20 or below. A flat %K is a warning the high is very near. Expect solid reversal.
A-This shows the high of the session spiking up.
B-Stochastic settings of 14,14,14 shows a high and rounding separation of the K and D indicates pair is maxed out.
C-Stochastic settings of 9,5,5 is great for showing Divergence. Here the price is spiking higher and notice how the indicator is heading down. Solid Divergence. This is screaming SHORT.
D-Stochastic settings of 3,3,3 is fast and shows Divergence also here and is screaming SHORT.
NUGGET - If you see the 14 Stoch %K hit 80 and flat line for 4 candles or soo, expect a pull back and bust to new highs. It will also do this near 20 or below. A flat %K is a warning the high is very near. Expect solid reversal.