Saturday, September 4, 2010

Learn Forex – RSI as a Forex Trend Indicator

courtesy of http://www.fxpath.com/
James Chen is a "stay with the trend guy." He has a great site with tons of free stuff all about trading forex.

Here's a neat little post about RSI. I have to admit I've spent tons of time staring at indicators about which I have no education. Here's a little education.


Used in context, watch the videos I post from the guy at Perfect Stock Alert. He uses RSI, the slow Stochastics and a little MACD to figure everything (and with great precision.)

Also, here a little video link on the subject from Deutsche Bank.

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