Correct... As far as fundamentals and the real business cycle=20days is 1/3 of the quarter. Its one of the items in the Law of 1/3rds...
Knowing this...KNOWING where you're at and how you got there...you may notice the signal lines...right...?...and follow the signals at signal lines... And I've got signal lines on the chart itself with the doubleBB 60,2 overlay 20,2BB and I have indicators that have signal lines...and the indicators are ***set to the parameters of the BBs...simple When 20,2 made a bottom it did it outside the 60,2 parameters and then got back inside and then there's that "reversion" to the mean". And it looks like some sort of algorythm to me with very clear signal lines... All there is to it...
Stochastics is MoMeNtuM Thats why I've always said stochastics is the best indicator... All I'm doing with a 20,1 or a 20,3 stochastics is asking chart to show me what momentum is doing "relative to the parameters of the chart"...and notice divergence which was what George Lane was talking about...momentum changes before price...
U.S. Steel...X Now look at US Steel...I can doubled my money in 7 or 8 trades... And all I really need is 10% profit each trade... Can make 10 the TREND to trade...
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