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Hello Brian,
BKV> Dear Group,
BKV> Based on your experience... what Stochastic settings are best for knowing
BKV> when the S&P is more likely to be in an overbought or oversold situation?
here's what i would do - i would optimize the hell out of it and when
i get the very best numbers of the best buy-sell zone and length. i
would apply it to a chart and when i get a sell signal i would drink a
cup of hot tea and read a short magazine article out of the new active
trader magazine- then i would call in a buy at the market order. do
the opposite when you get a buy signal, thats the best way to use a
sophisticated indicator like a stochastic.
BKV> Or, do you recommend RSI, LRS, or something else to determine the
BKV> likely state of the overbought-ness or oversold-ness of the market? If so,
BKV> what settings are best, and what is the most useful way for a day trader to
BKV> interpret the probabilities?
same apply's
BKV> Thank you -- I appreciate these groups very, very much.
BKV> Sincerely,
BKV> Brian Voiles
your so very welcomed and pls send check to local childrens charity when rich.
--
Best regards,
Mark Brown mailto:markbrown@xxxxxxxxxxxxx
Y = Offset + Amplitude * sin(Frequency * X)
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