DislikedI don't care what 'most people consider'......I have said this time and time again until I'm blue in the face.....the stochastic indicator IS NOT a simple overbought/oversold indicator....if it was, we would have it in the Matrix as a yes/no, red/white, oversold/overbought indicator.....it IS NOT an oversold/overbought indicator....I have repeated this many times in this thread.Ignored
What do you say in #2?
"Stochastic if falling from a recent overbought state"
You never actually qualify what is meant by "overbought"
I have read the whole thread and throughout it is considered that +80 is overbought and -20 is oversold.
Now you tell us that a short trade on EU is a no brainer, despite the fact that the stoch did not go higher than +80.
I appreciate that you didn't actually state that "overbought" is + 80, but when I see you post that a short trade is a no brainer without the stoch going into the + 80 area, I realise that everything that I have read in this thread means nothing.
Please remove the vouch that you gave me. You are full of crap. Anyone can post great trades with hindsight and that is all you do.
It takes a few seconds to post a trade a minute or 2 after the fact, but you don't. you post when it is in profit.
I appreciate that yoiu are not a signals service. But a few trades in real time and I will eat humble pie. You are not a great trader! You change the rules to suit a trade in hindsight.
Oli knows what she is talking about - you know nothing.
Goodbye all, I've had enough of this crap
Please Do Not PM Me With Coding Enquiries