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Optimize Your Trading with Stochastics

Optimize Your Trading with Stochastics

Monday, February 10, 2020

Expert: ALAN GREENWALD
Hosted by: LegacyFX
  • Cryptocurrency
  • CFD
  • Trading Systems
  • Beginners
  • Intermediate
  • Advanced
The Stochastic Oscillator compares where the price is trading relative to the range (high/low) over a given period. The basic premise is that in an uptrend, the price should be closing near the highs of the trading range, signaling upward momentum in the security. In downtrends, the price should be closing near the lows of the trading range, signaling downward momentum.

While many terms in technical analysis are imprecisely defined, and can be open to interpretation, this is not the case with the Stochastics, which are solidly defined and have rigid formulae for calculation.

There are generally three different kinds of stochastic oscillators that are used by traders. They are fast, slow and full stochastic oscillators. Each of them functions in an analogous manner. Whenever traders make reference to trading with stochastic oscillator, they are simply making reference to the slow stochastic, which will be the main focal point of this webinar.

John Roman 

John is an active trader and educator at Investors Trading Academy with an MBA in Finance from New York University.  He began trading in 1995 focusing mainly on commodities and options, then transformed into forex investment. His current specialization covers all aspects of forex trading utilizing fundamental and technical analysis, namely chart pattern analysis. Mr. Roman has conducted training seminars on all over the world from novice to innovative strategies.  He provides a solid, collaborative and extremely encouraging training atmosphere to assist Forex traders in locating and trading momentum moves, using confirmed patterns and methods.
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