Saturday, July 28, 2018

weekly outlook July 30, 2018

I try to show you different ways to analyze  cycle movement.  RSI can be useful in locating price highs or lows.  High RSI (70ish) can indicate a sell zone  (price getting extended) or a low RSI (30ish) can indicate a buy zone.  NOTE: these are indicators and not ABSOLUTES.
 



GL traders

6 comments:

  1. That works in a trading range, in a trending market, this will kill you.

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  2. Indicator for BBs and violations of upper and lower lines give buy/sell signals. So use multiple indicators instead of relying on a single set of indicators????

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  3. The problem of financial speculation https://sites.google.com/site/thefinancialspeculation

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  4. very nice article please focus us on Forex trading tips related article too.

    ReplyDelete
  5. Inlet,

    Looking forward to your next update. Hope all is well.

    ReplyDelete