Scott Bleier Mon May 10, 2010 2:32pm EST 4 Comments
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If you are trying to tell us “don’t buy now because there’s no edge here”, you have done a great job.
That’s not what I’m saying. It’s not about the edge. It’s about being at the midpoint of a new trading range that is being established.
Expect a little pop and then the discovery of the low-end of the new range…
Is there a reason you use the 14, 3, 3, 1, 20, 80 stochastics vs. the default of 8, 3, 3, 1, 20, 80????
I prefer 10, 2, 4 you may know it as Dr. Pepper.