The Stochastic Indicator

Discussion in 'Technical Analysis' started by jack hershey, Feb 17, 2003.

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  1. lcl_1

    lcl_1

    Thanks for your help, Mr. Hershey. It is greatly appreciated.
    :)

    In my opinion the rocket this a.m. was a thing of beauty. Text book entry at 998.25 short and then cover in the automatic +10 area. Too bad I had satellite problems.
     
    #1071     Jul 16, 2003
  2. Volume has been pretty bad this afternoon. Volume is nothing compared to this morning.


    jc
     
    #1072     Jul 16, 2003
  3. Jack, you're a TEACHER!

    Both of my parents are teachers.

    That's why I don't take what you say with offense. I was taught the learning process at a young age, and every seasoned prof I know is pretty much like you.

    I am personally very glad you have decided to leave those of us who will listen a part of your body of knowledge.

    9 points is not bad just to have your listening ears on.:D
     
    #1073     Jul 16, 2003
  4. With the volume so low this afternoon, should we be slaloming or stay out of the market?
     
    #1074     Jul 16, 2003
  5. Bracket and go short on the break.
     
    #1075     Jul 16, 2003
  6. I got the attachment saved but my type up died.

    I will post off the other machine.
     
    #1076     Jul 16, 2003


  7. I have been bracketing and doing pretty well. I was just wondering what other slalomers where doing today. At what time did you bracket or do you bracket on vdu? I have been doing a bunch of washes this afternoon with a with a few 10 cent plays. Great day for me. Up 150 cents(15pts). thnks Jack.


    jc
     
    #1077     Jul 16, 2003
  8. bubba7

    bubba7

    Okay. My other machine hiccuped with my writeup.

    The chart posted is kewl
    I suggest that you turn the .618 thing upside down if you can.

    for those who use r' and s's. they work no matter what.

    both of these things are early warning systems as I see it.

    Okay I put in some eraser marks (took out black) to show stop entries.


    I labelled the points 1,2,3. and I added the left channel line.

    when point 3 needed replacing i put in the new point 3.

    More will follow.
     
    #1078     Jul 16, 2003
  9. bubba7

    bubba7

    Use the chart for the narrative.

    we are in a short and there are no flaws.

    we get to a place where we are on right line and the price begins to move down again.

    we have relief.

    Now we see several things going on.

    Our home base deep down inside is the P, V relation and things are clicking for 20 mins meaning four bars on increasing volume
    no new stops coming up as it turns out.

    Can this continue? You do ask stuff all the time and sometimes (hehe) it is fear oriented still.

    well the key shows up. You do see that thevolumes is pooping out on a visual basis and you go to a pro rata test using the prior bar on the five.

    You SEE CLEARLY a VDU coming up.

    Get the "VDU" flaw card out. IT says For beginners Exit, You are on S or R for today. For all others it syas "go to "Change mode".

    There is an action for every flaw card.

    THe VDU card is a very BIG card. It is a trend ender par excellence


    See some chartruse circles laying around.

    The MACD was telegraphing. I use telegraphing to mean giving warning signs ahead of time.

    The long line shows all the clear and multitudinous signalsthat accompany VDU.

    By inventing VDU we have a major antifreeze flaw card. you can see the slalom starts with the "change" modus for people beyond beginner..

    I will make another post. I lost all this and the next post so i am separatingstuff. The next post is a super keeper.
     
    #1079     Jul 16, 2003
  10. Okay Icarus, run throught the bracket and short on the break, I am not sure I understand this concept, as I saw no viable trades during the DU period.
     
    #1080     Jul 16, 2003
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