Posts tagged with ‘#livetrader’

  • The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

    EURCHF LOSS

    There was not much by way of trading opportunities today. After a few hours of price cycle, this position developed.…

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  • The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

    USDCAD BREAKEVEN

    There was never really an opportunity here. I forced this trade through. The 1, 5 and 10 min charts were…

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