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In the late 1950s, Dr. George Lane developed the stochastic oscillator – which is defined as a momentum indicator that utilizes support as well as resistance levels.
Post: HOW FOREX TRADERS CAN TAKE ADVANTAGE OF CONSOLIDATION IN THE US RETAIL MARKET
If you’re an active forex trader, you’ll realize that the USA retail forex industry has been consolidating since 2012.
Posted in: Forex
Post: DIFFERENTIATING FOREIGN CURRENCIES FOR FOREX TREND TRADING
In general, the forex market follows trends more than the stock market. As the latter monitors the publicly-listed companies’ micro dynamics.
Elliott Wave theory was developed by Ralph Nelson Elliott during the 1930s. Elliott analyzed the trading data of more than 70 years and came to the conclusion that, rather than the popular belief that the stock market works chaotically, it actually follows a discipline.