Thanks. But don't take my word as the gospel friend. I have had my A$$ handed to me more than a few times in the markets. These indicators just allow me to have about an 85% success rate in trading. A stochastic is pretty much a forecast on weather a stock is over bought, over sold or trading in between.
Here is a video of a guy I know who makes trading videos on youtube. He has a radio web show. He had me on his show couple years ago as a guest speaker explaining my trading style with stocks and futures. I would recommend you watch all his videos. He is an excellent teacher. This is a good video on stochastics
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