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Stochastics are often used to generate buy and sell signals when the
%FastD crosses above or below %SlowD. Just how good are these signals?
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Two of the more popular computer-generated technical indicators are the
Slow Stochastics and Relative Strength Index (RSI) oscillators. (An
oscillator, defined in market terms, is a technical study that attempts
to measure market price momentum - such as a market being overbought or
oversold.)
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Flag Patterns in the Forex Market When
talking about flag patterns, it probably will remind many traders of
wedges and triangles, actually there's no difference among them - they
are short-term continuation patterns.
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