Saturday, April 9, 2011

Forex EURUSD




The Highest Trade difference for EURUSD on Friday 8th April 2011, total 183pips

2 Goals to Accomplish:
1. Be able to identify a trend as early as possible
2. Be able to find ways to avoid whipsaws (Confirm your trend)

Relative Strength Index (RSI)
RSI > 50, upwards trend
RSI < 50, downwards trend

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