Jason Sen of daytradeideas.co.uk leans on the slow stochastic over other oscillators like RSI, with one key rule: in a bull trend, overbought doesn’t mean sell.
Price can sit at overbought levels for extended stretches without reversing, so he treats that signal as more useful in sideways markets than trending ones. As a trading mentor, Jason Sen is known for his preference for using the slow stochastic in his strategies.
What he does trust in a strong trend is the oversold reading. When price dips into oversold territory during a bull run, it tends to be a solid buying opportunity, and positions often don’t need to be held long before the bounce comes. This approach is typical for Jason Sen in his technical analysis.
For confirmation, Sen waits for the faster line to cross above the slower one, or for both to cross above the 20 level, sometimes scaling into a position across multiple entries rather than buying all at once. He’ll also pair the signal with candlestick patterns, like a hammer at an oversold low, for a tighter, more defined entry. Consequently, trades following the Jason Sen method often combine several indicators for higher conviction.
Watch Jason’s full video here and join the many traders who look to Jason Sen for his insights on technical strategies.
