George Lane (technical analysis)

George Lane (1939 - July 7, 2004) was a trader, author, educator, speaker and technical analyst. He developed and popularized the stochastic oscillator, which is one of the core indicators in use today among technical analysts. [ [https://www.mta.org/eweb/Dynamicpage.aspx?webkey=282454aa-658f-46bb-9fc3-f05bc625ff8b Market Technicians Association Indicators] , retrieved on Nov. 23, 2007.] [John J. Murphy, "Technical Analysis of the Financial Markets" (New York Institute of Finance, 1999), page 264. ISBN 0735200661.] [Jack D. Schwager, "Technical Analysis" (New York, John Wiley and Sons, 1996), page 545. ISBN 0471020516.] Lane was also President of Investment Educators Inc. in Watseka, Illinois, where he taught investors and financial professionals basic and advanced technical analysis methods.cite web | publisher = INO.com, Inc. | date = 2007 | url = http://flix.ino.com/preview/author.html?authorid=106 | title = George Lane | accessdate = 2007-10-23]

Education

A biography at ino.com says George Lane had “an extensive academic background,” having attended Drake University, Washington and Lee University,
Northwestern University, The Academy, The Citadel, William and Mary, and The New School.

Career

Lane began his 50-year career in the financial markets with the E.F. Hutton & Co. brokerage in the 1950s. His broker’s training included time spent under the tutelage of Joseph Granville. Later, George Lane joined the research group at Investment Educators, the firm he would eventually own.

Stochastics

A March 2007 article quoted George Lane’s description of his famous indicator: “Stochastics measures the momentum of price. If you visualize a rocket going up in the air — before it can turn down, it must slow down. Momentum always changes direction before price.” [Brecht, Kira [http://www.sfomag.com/departmentdetail.asp?ID=1678945485&MonthNameID=March&YearID=2007|Stocks, Futures and Options Magazine] , March, 2007, retrieved on Nov. 23, 2007.]

References

External links

* [http://www.lanestochastics.com Investment Educators website]
* [http://www.flix.ino.com/preview/author.html?authorid=106 Workbooks and MP3 training audio provided by InvestorFlix]
* [http://www.forexadvice.eu/forex-strategy-trading-with-stochastics/ Forex Trading with Stochastics]