Posts Tagged by relative strength index
GBP/USD Forex Day Trading Signal – April 13
| April 13, 2009 | Posted by admin under Day Trading Ideas |
Due to some closures (markets are open though) on Monday due to Easter Monday, there will be no day trading signal for Monday/Sunday night. Please see the last post about the RSI as it will likely be of some value to you, and will also provide a context for another upcoming post which will cover…
RSI Range – Gain a Better Understanding of the Relative Strength Indicator
| April 11, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
There are many ways to use the RSI with the most common methods being overbought and oversold levels and divergence with price. Today we are going to look at a third way to use the indicator – RSI range. RSI is an oscillator and commonly people believe that the RSI is only valuable when price…
S&P Confirms Swing Down
| February 23, 2009 | Posted by admin under Stock Market Analysis |
The other day I talked about how the S&P 500 had not broken below its lows. Today it did, confirming the down swing we have already seen from the Dow Jones Index. Targets for the downswing are 6000 of the Dow and 600 for the S&P. If even further confirmation is need the German DAX…
A Good Reminder
| January 31, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
The following is an article I found which is a good reminder to keep things simple. I generally just use price as an indicator, coupled with chart patterns (past prices). Although occasionally I refer to an RSI or price overlay for confirmation. Here is the article…. Trading Analysis Pitfalls by Ginny Fairham It is very…
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