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Mon, Oct 20, lesson: Stochastic's #1: This indicator changes with each new bar. Buy and sell signals are clearly visiable. See if you can guess why the computer is always right. (see chart at http://fxcoach.com/charts/FXoct20.gif) >From the sound of the email I've been getting from you guys, I'd say evey one of you are beginners. So... lets start from the beginning. Wouldn't it be great to know exactly when to buy or sell, simply by looking at a picture. A stock chart, or any chart for the matter is simply a picture. There are bulls and bears and like any prize fight, you should be able to look at the chart and immediately see who's winning, who's taken more of a beating, and who's up right now. Up an down. When you've got your money on the line, and you're playing against world class champions, this can be... more exciting that any spectator sport. But... to play the game, you've got to lean the rules. So today, I'm going to show you how to a technical indicator. Once you learn how to use one of these indicators, you'll find most of the others all work the same way. Neil Albala http://FXcoach.com
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