Could't help myself with this as day trading, scalping, is getting easier with this signal version of stochs.
What my objective is from now will be to get a strategy in the UTF that can be utilised for trading either once a day/week/month and get safe returns.
Day trading is a full time job and this is someting I do not want to do unless I had to make regular money on a weekly/monthly basis.
First chart is entry when the resistance trap on the indi is broken with a cross on stochs. This was a low risk trade as there was a support below which would have been my stop loss had it gone wrong.
Second is the exit when the stochs showed price was in the overbought area, a very reasonable 128 pts.
TEAMTRADER