Forex trading can be challenging!
Learn new forex day trading tips with this 7-minute forexonfire
example from USD/JPY and RSI, featured at forexonfire.

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Commodity Trading With Stochastic Oscillators

By Dave Rivera

The stochastic oscillator was developed in the late fifties by George Lane. It is an oscillator which shows momentum in a commodity by comparing the current day’s close to the high/low ranges over a specified amount of days. Consistent closings near the higher side of the range indicates buying pressure while a close consistently on the lower side of the range indicates weakness and selling pressure. It shows whether a commodity is overbought or oversold. The calculation of the formula is as follows:  more…

 Technical Analysis Indicator MACD Past 1 – 3

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