Technical Analysis

June 17, 2010

February 24, 2010

December 1, 2007

  • Optimizing Stochastics Settings for Forex and Futures Trading

    Stochastics is a popular classic indicator used by many traders today.  However, it seems that very few traders understand a really useful method of applying Stochastics and understand its limitations.  The Stochastics indicator was developed by George Lane in the 1950's.   At that time traders simply did not have the ease of access to technical analysis tools that we have today.  Only mathematicians and engineers were involved in technical analysis and the use of indicators and they had to use the indicator formulas to plot the graphs onto paper.  Today anyone can buy an inexpensive computer and within minutes be using extremely advanced free charting software.  With the click of a mouse indicators such as Stochastics will appear on your chart without you needing to understand the formulas behind it nor the history of its development. (…)

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