Many traders use the expression ‘The trend is your friend’, and there is much truth in that. Beginners in trading dream of ‘catching the turns’, thereby reaping the full benefit of a trade by buying exactly at the low point and selling exactly at the maximum profit. But if you…
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The stochastic oscillator – also known as stochastics – is one of the most recognized indicators for assessing momentum in technical analysis. The idea behind this indicator is that in an uptrend, the price should close near the highest point of the range in which it moves in each period.…
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