Wednesday, October 3, 2007

Stochastics

Stochastics are another indicator that helps us determine where a trend might be ending. By definition, a stochastic is an oscillator that measures overbought and oversold conditions in the market. The 2 lines are similar to the MACD lines in the sense that one line is faster than the other.

you can read more about stochastics on :
http://forexgen.com/level-2-forex-basics/stochastics.html

1 comment:

Anonymous said...

VERY well