Andrew Lockwood is here to teach you his simple stochastic indicator forex strategy step-by-step. A stochastic oscillator is a technical indicator that measures the relationship between a forex pair's closing price and the pair's price range over a set period of time. When using the stochastic trading strategy, the lines of the stochastic indicator can give you accurate buy and sell signals. No matter how long you've been forex trading, this technical indicator is very powerful and every forex trader should consider it being part of their forex technical analysis.
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