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
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1 comment:
VERY well
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