Oscillators
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…
Forex Market Timing - Using Momentum to Trade for Huge Profit Potential
By Kelly Price
If you want to get better market timing for your forex signals you need to understand price momentum and how it can get the odds in your favour. If you have not used momentum oscillators before, then its time to make them part of your forex education.
Confirmation
If you simply try and buy low sell high by selling into resistance and buying into support your making a fatal error - why?
more…
Tags: Commodity, forex technical, indicator, Oscillators