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RE: Trading made Simple #7 - Relative Strength Index (RSI)
I feel you on the MACD tip. I've gone back to analyze currency performance based on MACD fluctuation. It can definitely be a great signal in my opinion!
It is, combine it with RSI and you are golden
Also check out Bollinger Bands...very useful tool
Ahh, yes. I like using Bollinger bands to help indicate whether the price is either above average for its volume or below. I successfully used them this morning to make a nice return on a few different margin calls.