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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: TradeOfTheDay who wrote (4321)	9/18/1998 12:49:00 PM
From: jjs_ynot	Read Replies (1) of 44573

They seem to indicate about 1 and 1/2 moves per actual move. ggg What I have seen is that they are an indicator that sometimes indicates a move with a direction change and sometimes doesn't. By the time the indication has reached a high probability (20 point or more divergence in K/D) a lot of the move may have happened. Thus I merely watch them as an indication of possibilities or to time moves that I have decided based on other systems. In general stochastics seem to give good timing indication but not very good pricing indications.

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