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Forex Glossary

Stochastic

A family of overbought/oversold indicators based on the belief that as prices increase (or decrease), closing prices tend to accumulate ever more closely to the highs (or lows) for a given period.

The curves produced reflect where the current price is in relation to the trading range over a period of time. The values vary between 0 and 100.

Values above 80 are considered overbought, and values below 20 are considered oversold.


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Network Activity

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    Oasis View Activity 1 hour ago
    Welcome Ali. Romano is right - You will have a lot in common with Brian and may end up making this forum the forexstreet university. read more
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    Romano commented a blog post 2 hours ago
    Neither Buy Nor Sell, Damn Currencies
    There is another trader here called Brian Twomey, he`s also a professor of university and some months ago he applied similar style based on deviation... read more
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    Tahir Khan commented a photo 4 hours ago
    Chart of the Day - EUR/JPY Finally the Top?
    I had similar view on it and posted the lvls for the drop out.. I agree EJ while looking for ripe for a corrective drop will eventually be higher.. G... read more
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    Ali Karbalaee commented a blog post 4 hours ago
    Neither Buy Nor Sell, Damn Currencies
    @ Romano ...thank you for leaving your comment. thank you for introducing that article, should read it! just found it ... FX Theory: The Real Mean Rev... read more
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    Ali Karbalaee commented a blog post 5 hours ago
    Neither Buy Nor Sell, Damn Currencies
    @ Peter ...thank you man for attention and sharing ur idea U r right mean or average might be misleading sometimes. thats why financial researches nor... read more