From Swing Trading for Dummies using the following strategy
- Identify whether a trading range exists by using ADX (preferably below 20)
- Wait for %K to enter the overbought or oversold territory.
- Buy the security when %K crosses up through %D and above the oversold zone.
- Exit after stochastics reaches the opposite zone. Alternatively, you can exit after a return target is achieved or a certain number of days have passed.
交易進行:
Bought at 1084.3