Dislikeda great example though i am study a lot but this is what help me alot to understand that nothing gonna perfect all about understanding making perfection of the identifying the entry
Thanks RJ , love to see some more !Ignored
I venture to say that you will NEVER see a trade entry with the stochs at the extremes.....it's just doesn't work that way, and if you took a trade at such a time, you would be taking a great risk because, as you can see in that chart, stoch can stay at either extreme for a long time....and that's good if you are in a trade. It's not until they start to drop, and the candles concurr and Genesis concurs that we have an entry.....and by the time the candles and Matric agree, stoch will be halfway down (or up) in it's journey. But where was the stoch (say) 5 candles before the entry?.......
Sooner or later the use of the stoch will 'click' in your head!
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