Saturday, December 8th, 2007
Popularized by legendary futures trader George Lane, the stochastic oscillator (commonly called stochastics) is a timing indicator widely used by futures traders to indicate overbought or oversold positions. Stochastics compares closing price to price range over a specified time period. The driving principle can be summarized as follows: (more…)
Posted in Trader Tactics, Trading Signals, Trading Tools, crosses, depicted, futures traders, futures trading, futures trading course, futures trading secrets, lines, oscillator, overbought, oversold, stochastic, stochastic oscillator, stochastics, trading charts | No Comments »
Wednesday, November 7th, 2007
In recent posts, we’ve been reviewing essential charting basics for futures traders. Futures traders must have the ability to make decisions quickly. Effective charts provide the futures trader with the information — the trading signals — he needs to make those decisions. It is important for futures traders to be ...
Posted in Pulling the Trigger, Trading Signals, Trading Tools, amateur, appears, bars, downside, futures traders, futures trading, futures trading course, futures trading secrets, futures trading signals, futures trading tactics, gaps, professional, signs, trading charts, trading tools gaps, upside | No Comments »