Re: Stochastic Cross Signal System And Testing

77
Waiting for the opening - very mixed signals indicating to me that there could be some volatility.
Daily chart = The divergence shows the good move up into a current position where the upper two indi's are in the over 80 area (normally associated with up-trends) but check out the 4hr first.
4hr chart = checking specifically the lowest indi and that has hit the oversold area - so hoping for an upmove - but check the 1hr chart first
1hr chart = lower indi shows overbought so this is in conflict with the 4hr chart - therefore check the 30m chart.
30m chart = the middle and lower indis show S&R traps are intact so waiting for the open to see which of traps remain intact to decide which way to trade.
Waiting is the necessity to avoid unnecessay losses.
TEAMTRADER


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