Stochastic Oscillator

[mattenc]

I am new, looking, reading and listening - your comments on this method

[kennas]

I am new, looking, reading and listening - your comments on this method
I use it as one of a bunch of indicators to get an overall picture of a stock. I don't think any one indicator can give you and entry/exit signal, but if the planets line up, then it may be useful.

Good info here:

www.stockcharts.com/education/IndicatorAnalysis/indic_stochasticOscillator

[mattenc]

Thanks Kennas

[It's Snake Pliskin]

I am new, looking, reading and listening - your comments on this method

matt,

the stochastic can be used in ranges to simply indicate entries and exits when volume etc are useless to go by. For momentum trading it's best as a filter or scanning device as kennas said.

I don't use it any more.

[Phoenix]

Hi mattenc

I think that as time goes on and you become a better trader you will look at indicators less and less. You will probably just look at the price chart and draw trendlines...e.t.c. So don't get hooked on them look more at patterns and volume and so forth :)