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  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. The Two Ingredients for Profitable Trading

    by , 09-27-2014 at 10:28 PM
    Talking Points:

    • Most beginner traders focus on their win percentage
    • Educated traders focus on their Risk/Reward Ratio
    • Veteran traders focus on how their win percentage and Risk/Reward work together

    I work with traders that have a wide variety of skill levels, from people just starting out to traders trading their own money (and sometimes others') professionally. And it’s always interested me how similar the learning process is for most traders. We all start off learning ...
  3. Trading Manual - How To Use Fibonacci

    by , 09-24-2014 at 09:09 AM
    Talking Points:

    • Fibonacci Retracement tracks the pullback after an extended move
    • Traders eye 38.2%, 50%, and 61.8% retracements as possible reversal levels
    • Fibonacci’s ‘magic’ comes from its self-fulfilling nature

    Where to Draw the Fibonacci Retracement?

    Where exactly is that? For starters, we need to identify an extended move up or down on our chart. In other words, a swing low followed by a defined high or a swing high followed by a defined low. Below, ...
  4. How to trade Double-Top or Double-Bottom formation

    by , 09-22-2014 at 11:46 PM
    Talking Points:

    • The Double-Top and Double-Bottom formation show multiple tests of support (or resistance) at a particular price level.
    • Traders can look to trade subsequent tests of these price levels.

    The Double-Top/Double-Bottom

    The Double-Top or Double-Bottom formation will occur when two separate ‘moves’ bounce from a support or resistance level. This highlights that level as being especially strong, so that the next time price encounters this, ...
  5. Weekly Trading Forecast: Dollar Index, EURUSD, USDJPY, GBPUSD and GOLD (XAUUSD)

    by , 09-22-2014 at 01:05 AM
    Dollar Bull Run Longest on Record after Fed Updates Rate Outlook
    As lackluster as the volatility and sentiment reaction was to last week’s FOMC decision, the event sustained the Dollar’s incredible run. Now on a 10-week bullish binge, this is the most enduring greenback run on record.

    Euro at Potentially Significant Turning Point

    The Euro tumbled to fresh lows versus the high-flying US Dollar on a week of bad news for Europe and much better developments out of the US. ...
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