Hi Share, Time for lesson seven in the exclusive MarketClub email course -- "The Secrets of Professional Floor Traders": Lesson 7 - Stochastics While stochastics is not a new oscillator, it is one of the most popular. The idea was originated by a Czechoslavakian and perfected by Dr. George Lane, editor and publisher of Investment Educators in Skokie, Illinois. Before George passed away, I had the privilege of meeting him personally and discussing his stochastic theory with him. George was quite a character and his work on Stochastics is a tremendous contribution to the world of investing. It was his life's work and I think this lesson is a fitting tribute to George. You can get a down-to-earth look at Stochastics here: Lesson 7 - Stochastics Yours for bigger wins more often, Adam Hewison President, INO.com Co-creator, MarketClub P.S. Only two more lessons to go Share - next up is the Average Directional Index (ADX). Unlike most indicators which signal when to get into a trade, this one lets you know when to get out - so be sure to watch for it. About the author: Adam Hewison is a former floor trader and past member of several major exchanges, including the International Monetary Market (IMM) a division of the Chicago Mercantile Exchange in Chicago, Index and Options Market(IOM) Chicago, New York Futures Exchange (NYFE) and The London Financial Futures Exchange (LIFFE). Adam is the author of "Right on the Money: The Definitive Guide to Forecasting Foreign Exchange Rates" and numerous other financial ebooks and web videos. His latest project, MarketClub is a new website dedicated to catching big moves in the markets using Adam's "Trade Triangle" approach. MarketClub can be viewed at http://www.marketclub.com/ |
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