How The Stochastic Oscillator Can Make You Rich

by Sam Nielson The Stochastic oscillator will move between 0 and 100. Low readings mean an oversold market while high readings mean an overbought market. Oversold means the market over reacted on the sell off and is ready to bounce upward. Overbought means the market over reacted on the buying and is ready to turn down. Buy when the Stochastic oscillator is low. Sell when the Stochastic oscillator is high. The idea is to take advantage of other traders when they are emotional: either fearful
Posted under Futures Trading Systems by Content Keyword RSS on Sunday 23 August 2009 at 3:20 am

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment