Stochastics is not a new oscillator. The idea was originated by a Czechoslavakian and perfected by Dr. George Lane, editor and publisher of Investment Educators in Skokie, Illinois.
Before George passed away, I had the privilege of meeting him personally and discussing his stochastic theory. George was quite a character and his work on Stochastic's is a tremendous contribution to the world of investing. It was his life's work and I think this lesson is a fitting tribute to George.
Because this lesson contains charts, it has been posted
3 thoughts on “Stochastics ... do they work?”
You may like to try our Trade Triangles to trade Apple. Perhaps they can get your cart back.
All the best,
I used stochtastics to trade apples and I lost my cart!
I used stochastic to trade. I find stochastic and price divergence to be particularly helpful.
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