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Relative Strength Index (RSI) in Forex Trading
Tuesday, October 27, 2009 GMT
The Relative Strength Index (RSI) is a momentum oscillator, which is used for technical analysis in the forex market. Momentum oscillators such as RSI are usually used in a ‘sideways’ or ‘ranging’ market, where the price moves progressively between the support and resistance levels.
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DailyForex Blog Reviews: UltimateForexReview
Monday, October 26, 2009 GMT
This week we will be reviewing a Forex blog run and maintained by what has to be the youngest Forex trader. Samuel Cimamonti is only 16 years old and has already made himself a name as a Forex blogger. He is not new to the market, and he shares his insights on his blog Ultimate Forex Review.
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Stochastics in Forex Trading
Thursday, October 15, 2009 GMT
Stochastics is a technical momentum indicator propounded by George Lane in the 1950s. It measures the price of a currency pair relative to the high/low range over a period of time.
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Understanding the Triangle Formation
Tuesday, October 13, 2009 GMT
Study and analysis of trading patterns forms an important part of your forex education. Although they are not by themselves actionable, in that they are prone to failures and false signals, patterns and formations can be very useful as advance warning about a possible trade.
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