Post Tagged with: "rsi"
GBPJPY: Bear Pressure Set To Extend Further (Week Ahead)
GBPJPY – With a follow through higher seeing GBPJPY breaking and closing strongly above the 135.47 level, its Feb 18’2011 high. It now looks to target its psycho level at 140.00. While price hesitation on an initial test of that level cannot be ruled out, its eventual break will set the stage for further strength
Forex Crunches for the Weekend – September 11
After a week in which old fears became news once again, the markets are closed now. It’s time to relax and enjoy some long-term reads. Here are my picks from favorite sites on the web. Adam Kritzer has an interesting insight on the new CFTC rules. Larry Greenberg looks into seasonality in currencies and finds
If You Are Going To Use Indicators Then Do It The Right Way
Guest post from visionsofaffluence.com Do you use indicators in your trading? If you’re like most traders then you are probably going to answer yes. You probably refuse to trade without an indicator of some type plastered to your charts. No I personally don’t believe in the use of indicators. I think that the best and dare
Still Looking For That Perfect Indicator?… Stop That Right Now If You Ever Want to Be Successful
Guest post by Jason Madison, independent trader and founder of BeatWallStreetNow.com How many times have you been burned because an indicator got you into a trade too late? Well that is a common problem that many traders face because indicators by their very nature are lagging. An indicator will only tell you about a move after
Forex Reads For The Weekend – April 4 2009
Here are some interesting forex related reads for the weekend. I’ve collected them from various blogs / sites that I read regularly. Enjoy: Kathy Lien explains the latest surprising move from the ECB and “translates” Jean-Claude Trichet. Mish criticizes Geithner’s Toxic Assets plan in his special way. Forex blog suggests that China is pushing the