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  1. WEEKLY DIGEST for Scalping Trading 2014, October 19 - 26

  2. Technical Analysis October 26 - November 02: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD and USDCHF

    by , 10-26-2014 at 04:06 PM
    EUR/USD
    Weekly


    -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.
    -Near term, price action since the October low likely composes a 4th wave correction within a 5 wave decline from the May ...
  3. 3 Trading Tips for Relative Strength Index trading

    by , 09-28-2014 at 09:32 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 ...
  4. Trading the News: U.S. Durable Goods Orders - EUR/USD May Face Larger Gap on Strong U.S. Durable Goods Orders

    by , 08-26-2014 at 11:41 AM
    - U.S. Durable Goods Orders to Increase for Second Month.
    - 7.1% Rise Would Mark Fastest Pace of Growth Since March 2011.

    Trading the News: U.S. Durable Goods Orders

    A 8.0% rise in demand for U.S. Durable Goods may spur a bullish reaction in the greenback (bearish EUR/USD) as it raises the scope for a stronger recovery in the second-half of 2014.

    What’s Expected:

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    Why Is This Event Important: ...
  5. Litecoin Holds Below 6.00, Continues Bearish Trend

    by , 08-24-2014 at 09:08 AM
    Litecoin Holds Below 6.00, Continues Bearish Trend

    By Forexminute - Fan Yang | Litecoin | Aug 23, 2014 7:45PM BST




    Litecoin was in a consolidation and bullish correction mode last week, rallying from a low of 3.33 to 6.19. There was resistance around the 6.0 handle, and price retreated since than. During the 8/23 Saturday session, price continues to slide, ...
    Tags: litecoin, rsi Add / Edit Tags
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