Daily Trading System

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VIDEO 37
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Stochastic Oscillator; once more this is also a overbought and oversold indicator and is just as powerful as the RSI indicator.

The stochastic oscillator doesn't show many convergences and divergences but when they do the normally profitable.

Obviously you'd need to keep your wits about you before entering a trade.

However its good for scalping too, for the most part and as you gain more experience using it, it's like writing your own paychecks for the day. The ADX is also a good one to use this along side with. :-)

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