| Universal in a
nutsthell: This is a reversal trade, not a trend
trade.
Wait for prices to approach a VPC from
below. Then take a short signal when these three are
aligned: [1] slow stochastic (white line) is > 80, (2)
Fast stochastic (colored oscillator bars) is also > 80,
and (3) the Fast stochastic %K crosses %D (change of
color in the bars).
Exit the first half of the trade when
prices hit the other end of the Keltner. You can use
that as a stop, if prices move against you. If you
trade multiple contracts, exit the remaining half at
your preferred profit optimization point (Fibonacci seed
wave works well), or when the slow and fast stochs have
reached a full oscillation < 20 (as shown here).
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