Indicators Forex Blogspot
indicators forex blogspot
Forex – RSI?
ADSENSE
Going through this site that contains few details on the RSI. The author says that the RSI is not reliable and should be used in conjunction with other indicators. View http://the-forex-trading.blogspot.com. Are you sure about that? Aditi
The RSI (Relative Strength) is an indicator of the scale. There are no indicators to be used independently, because most indicators are lagging indicators. The previous poster is correct in that basic idea is to make the future investment, how to use fundamental analysis when your entry? That's why you need technical indicators. You fundamentals used to assess what investment is likely to do so and use your time technicals input / output. Use multiple indicators. Tell using the RSI, MACD, Stocashtics, ADX, etc. If some of them are giving an input signal, there is a great opportunity to make money. For example, if I tell you I love you Jane. I could be wrong. But if Mike, Bill, Amy, John, Susan, Tim and Kim and Jane told me that I love you, the probability of being true is very high. If several indicators are giving a signal to buy or sell, probablility commercial work to be a winner just skyrocketed. It is not guaranteed, but the probability is higher.
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