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ForeCastle

  1. 3 Trading Tips for Relative Strength Index trading

    by , 09-28-2014 at 08:32 PM
    Talking Points

    • In a Downtrend, RSI Can Remain Oversold
    • Use the Centerline to Determine Market Direction
    • Settings Can be Adjusted for More or Less Oscillation

    RSI (Relative Strength Index) is counted among trading’s most popular indicators. This is for good reason, because as a member of the oscillator family, RSI can help us determine the trend, time entries, and more. Today to help become better acquainted with the indicator, we will review three uncommon tips for trading ...
  2. Trading Reversals with CCI and Camarilla Pivots

    by , 09-07-2014 at 03:21 AM
    Talking Points

    • CCI is a Classic Oscillator
    • Traders Can use Overbought / Oversold Values
    • Time Entries with Camarilla Pivots Levels

    Timing entries is an important step to consider when developing a trading strategy. This is especially true for scalpers and day traders looking to take advantage of intraday market price swings and reversals. Normally, technical oscillators such as CCI (Commodity Channel Index) can be used in tandem with support and resistance to identify ...