" If the stochastic trends above 80%, I have a plan to go long where all others tend to sell. If it trends below 20% I go short....I may go into this later, but it is very interesting. "
ive seen someone else using a similar strategy based on the premise that once above 80/ below 20 the 80/20 become supp/resist . is this part of the method you employ ?? very interesting in a contrarian sort of way . different periods on stoch give varying outcomes , would love to see you espouse further on this if possible . chart below ( pinched from elsewhere gives a visual on concept
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" If the stochastic trends above 80%, I have a plan to go long...
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