More than one way to make a buck...
Since the 1hr stoch was over bought says long and the TMA was way overbought.
I looked at the 240 stoch and noticed that it was flashing red as if it was ready to change major direction...if only for four hours so be it.
This was a MOM trade setup on the 4hr mtf stoch.I took the next RF short bar and got the MOMentum trade.Straight energy release to the bottom for quick 30
Since the 1hr stoch was over bought says long and the TMA was way overbought.
I looked at the 240 stoch and noticed that it was flashing red as if it was ready to change major direction...if only for four hours so be it.
This was a MOM trade setup on the 4hr mtf stoch.I took the next RF short bar and got the MOMentum trade.Straight energy release to the bottom for quick 30