How to trade Stochastic ?

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jankownacki
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How to trade Stochastic ?

Post by jankownacki »

Hi,

does any one could explain me how to properly trade Stochastic ?

More or less Stochastic showing us overbought, oversold moments. Please take a look on my attachment.


On the each chart overbought, oversold moment looks different. On the 1M Stochastic is strongly going up. On the 1W You can see that price movement starting to slowing down. On the 1D You can observe that price starting to going down and on the famous 4H chart You can observe that price is almost not moving...

What will You do in this situation ?

On the 4H Chart stochastic is between 0-20, on the 1D chart its crossing 75 and slowly going down.
How to inter prate it correctly ?


With kind regards

John
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tomele
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How to trade Stochastic ?

Post by tomele »

You ask how to trade a single 40 year old indicator ?
Read some books written by Murphy, Elder, Cooper, Douglas.

Read Steves welcome message again.
Shut up and follow this forum until you understand its purpose.

For your sake.
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milanese
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How to trade Stochastic ?

Post by milanese »

I have locked this topic and I will in some days delete it.

Cheers :)

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SteveHopwood
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How to trade Stochastic ?

Post by SteveHopwood »

tomele » Thu Oct 05, 2017 1:16 am wrote:You ask how to trade a single 40 year old indicator ?
Read some books written by Murphy, Elder, Cooper, Douglas.

Read Steves welcome message again.
Shut up and follow this forum until you understand its purpose.

For your sake.
That really cracked me up. Thanks Thomas. 5 minutes after reading and I am still giggling.

Janthingy, stop being so pathetically stupid. Only a moron will miss the point of all the magnificent stuff going on here.

:xm:
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

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My special thanks to Thomas (tomele) for all the incredible work he does here.
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SteveHopwood
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How to trade Stochastic ?

Post by SteveHopwood »

Ye Gods, but I must be in a bad mood tonight. One more post here.

Jamthingy, here is how to trade Stochastic:
  • sell when it is in the overbought area.
  • buy when it is in the oversold area.
Look back over the charts and calculate how much money you would have made paper trading. The profits are blindingly obvious and everyone who traded thus are gazillionaires

Then trade live for a couple of weeks and work out why depending on the above has cost you a (hopefully small) fortune and you will be in your learning curve where the rest of The Brains at SHF were about 10 years ago.

Or you could grow a few firing synapses and take some notice of what is going on here. Like when The Brains are speaking? Just as a possible alternative to being a moron?

Your choice.

:xm:
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Thomas (tomele) for all the incredible work he does here.
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