Fx Pro - several traders in their forex trading strategy simply pick levels and buy or sell into them and hope they holdhis simply sees them lose, as they are hoping levels will hold and NOT acting on confirmation of price momentum to put the odds in their favorere we are going to look at the ultimate momentum indicator that could help you time your trading signals with laser accuracyhe momentum indicator we are referring to is the stochastic and it simply should be considered by anyone serious about making money in forex tradinghe logic Of the stochastic is Based on the assumption, that when a business is rising, it will tend to close near the highs of the session - and when a market falls, it tends to close near the lowsets look at the calculation although you don't need to understand just as you don't demand to find out an internal combustion engine to drive a car you can look at it visually which we will return to in a minute first: The CalculationThe stochastic oscillator is ... [Read More @ Fx Pro]
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