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Re: SchragerTrader23 post# 33412

Monday, 09/24/2012 8:13:53 PM

Monday, September 24, 2012 8:13:53 PM

Post# of 47295
StochRSI is NOT an entry/exit indicator. It's a support indicator. And as long ars it's above the mid line, it's good support. Sure I'd like it above 80, but all I want in trade decisions is positive or improving indicators. We're talking about playing a swing trade run. Most last 3 to 5 days. Over bought is not really a concern I have during that time. I just don't take over bought/over sold as anything more then be aware of the fact.

The key to your own question is "paying attention". And paying attention should not effect you entry or exit decisions.

Welcome to my mind!

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