StochRSI is a portmanteau of two common oscillators: Stochastic and Relative Strength Index (RSI). It nests the RSI indicator within the Stochastic indicator. Sounds suspicious. Sounds like a fanciful indicator that obscures price action. Something to stay away from. But before you take to your heels (and miss a useful tool), let’s take a closer […]
Archives for July 2015
John Hill’s Trend Line Theory – Using Trend Lines for Trading Pullbacks
Trend lines are amazing trading tools. Even traders who swear off indicators draw trend lines. Seasoned traders can see how price action interact with trend lines without drawing them. If you want to join their ranks, John Hill’s Trend Line Theory is an excellent place to start. John Hill is a co-author of Ultimate Trading […]
