SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Roger Hess who wrote (904)5/18/1999 8:57:00 AM
From: Tom Shutters  Respond to of 927
 
Roger, thanks for the reply. I have found the stochastic indicator to be the most powerful tool in my tool box, but I'm looking for bottoms in small NYSE stocks. It's important to view all the indicators as short time indicators (especially the stochastic). The buys should be made when both indicators are below 25 (I like to see them much lower). Buy when (or shortly after) the indicators intersect on the way back up. This is just a tool to help us get a good buy-in price and good dd should be the basis for buying.

This morning I like the looks of the LSN chart and I'm doing some dd and will continue to watch the chart.

Good trading

Tom



To: Roger Hess who wrote (904)8/1/1999 6:03:00 PM
From: Ron  Read Replies (2) | Respond to of 927
 
Is anyone aware of a site which fully explains the use of stochastics settings in charts..and their meaning. I have had good success with stochastics on one minute charts, but know there are other settings for such things as three minute, 13 minute, etc. Appreciate info on where I can get a fuller explanation on just what the stochastics settings mean.
To further clarify..let's say I have the slow stochastic set at 15,5,2 and the %D set at 15,3 in a one minute chart. But what do these settings mean? And what happens when they are changed? etc
Thanks
Ron