Presentation by Peter Aubourg and Darryl Nagel
This month we look at the Stochastic Oscillator, then we will scratch the Ichimoku and have a quick detour to the Williams % R along the way. All these indicators have one thing in common; they are fenced in by the highs and lows. They can never escape! They are range based indicators. A stochastic process is one which combines predictable actions and a random element. That sounds just like trading!
The construction of the Ichimoku is examined by Peter and then an overview of the trading process is presented by Darryl.