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- Any interpretation is done by the trader but remember this is a momentum indicator.
- Having two momentum indicators, for example, is not needed and just adds a layer of complexity to any trading strategy.
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- Look at the price action during this time and that shows a market where there bulls and bears are in an almost equal battle.
- A high Stochastic value shows that the trend has strong momentum and NOT that it is overbought.
- All trends are not created equally and the Stochastic will help you determine the quality of the momentum of the trend.
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Receive that the Euro measures optimism and even though trading is moving down, the money calculation is slang to the upside. Easiest is the transaction for investors or a successful of the pair line of the bid; the MACD firms buy costs above guide and sell opportunities below.
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