Stochastic oscillator is a very important indicator. We love to use Stochastic in our trading. It is perfect for showing divergences. If you are a divergence trader, you should use Stochastic oscillator. Watch these 2 videos that show how to trade with this important indicator! What works in the stock market also works in other markets that includes the currency market.
Watch this video that shows how to identify divergences with this powerful indicator. Always keep this in mind, there will be false signals too. So be careful!