Overbought/oversold

Discussion in 'Technical Analysis' started by KGTrader4, Aug 20, 2022.

  1. Real Money

    Real Money

    Deviation from VWAP and aggregated volumes. (cross-asset and across multiple exchanges)

    In the real world prime brokers get paid by the market and guarantee volume weighted for their clients. Basically this means that if you predict VWAP and competitively execute on it, you win.
     
    #21     Aug 21, 2022
    zghorner likes this.
  2. .

    Have a strong preference for using stochastics-based indicators that track short-term highs and lows in price. They can help identify entry points for going long in uptrends and selling short in downtrends.


    chart w storsi sto ehlerssto2d  pptx.png
     
    Last edited: Aug 21, 2022
    #22     Aug 21, 2022
    KGTrader4 likes this.
  3. TheDawn

    TheDawn

    There is no good OB/OS indicator. And it's not the indicators' fault. It's just that the predictive capability of OB OS indicators by itself is very low and they only indicate whether the PA is OB or OS in terms of the past PA and in no way does it mean indicate anything in the future, thus limiting the usefulness of those indicators in general. And they are only marginally useful when the price is in a trading range. Once they break out of the trading range and start to trend, OB/OS indicators will give you nothing but pain and losses.
     
    #23     Aug 21, 2022
  4. KGTrader4

    KGTrader4

    I’m not expecting an indicator to tell me what to do. I’m looking for what to,use that might Haley me with probabilities, when taking into account other factors, like trend, MA’s, volume up and down, etc.

    remember I’m a noob.
    Talk to me like the dummy that I am
     
    #24     Aug 21, 2022
    Slope Trader likes this.

  5. OK then, with your permission I will talk to you like the dummy you are! But its for your own good. Yours only.

    Get the %$^%$ out of the zone of LOSERS for cryin out loud. These are all losers every single one of them, you will at best emulate them and that's as far as you will go.

    If you are going to listen to anyone in this thread, your best choice is Ken. Drop your stupid sh*t and follow Ken. You will come out miles ahead of these deadbeats.

    Good luck
     
    #25     Aug 21, 2022
  6. Lambs to the slotttter every damn day! Same-o same-o. :)
     
    #26     Aug 21, 2022
  7. tomkat22

    tomkat22

    If you could find a trading product that traded in a channel PERMANENTLY and never moved out of that channel an indicator like the RSI would work. But I dont personally know of such a product. All it takes is one great (or horrible) piece of news about a stock/company and the RSI blows out and becomes useless, and has to "reset" itself.So dumb.
     
    #27     Aug 21, 2022
  8. KGTrader4

    KGTrader4

    Good point
     
    #28     Aug 21, 2022
  9. OP missed the most important piece of info ............

    All posters in this thread died on Friday last week. they were all LONG their beloved bull market! :D
    Get a list of their Indicators and drop kick all out the window. :)

    Some nerve! Dead men posting Indicators :D:D

    Ken is the only one who did not get cott on the wrong side of the market.

    Friday, august 19, 2022 is a day that will go down in infamy and polygamy in ET History. More deaths than in the Civil War.

    Ghosts using Indicators! Who ever heard of such sh*t! :):D
     
    #29     Aug 21, 2022
  10. KGTrader4

    KGTrader4

    Ok I’ll bite
    Who is Ken?
     
    #30     Aug 21, 2022