EUR/USD Monthly -BIG picture, monthly RSI has broken out of a triangle pattern. Sometimes, a pattern breakout in momentum (or OBV) precedes the breakout in price. The development’s implications are obviously significant. -After following through on the 11/7 reversal and exceeding the 11/4 high, it appeared that EURUSD was going to make ...
Talking Points: -Why Moving Averages Are Popular -Who Uses Moving Averages -How You Can Use the Popular Moving Averages Make everything as simple as possible, but not simpler. -Albert Einstein After many years of trading, you’ll be hard pressed to find an indicator as simple or effective as moving averages. Moving averages take a fixed set of data and give you an average price. If the average is moving higher, price is in an uptrend ...
Recent Comments