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Posted by: Parabolic sar | August 05, 2011 at 02:28 AM
This forex course by Jason Steele is an affordable and easy way to learn the ropes of forex trading and to make better decisions.Thanks a lots to shear this with us.
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Posted by: Parabolic Sar | July 28, 2011 at 05:34 AM
It is quite possible for any trader to generate his own Buy and Sell signals by just following a simple technique of combining two or more technical indicators from a technical analysis by following the TREND. As it is usually said in forex trading that the trend is your friend!
First of all you must understand the definition and working of each of the technical indicators you want to use, like ADX, Stochastic, MACD, RSI, Parabolic SAR, Momentum and Bollinger Bands. As a matter of fact you must do a lot of study and research and then come out with the technical indicators you are most comfortable with.
The combinations are as follows: (1) ADX with Stochastic; (2) MACD with RSI; (3) MACD with Parabolic SAR; (4) RSI with Momentum; (5) RSI, ADX with Parabolic SAR; and (6) Bollinger Bands with ADX.
for example:
MACD with RSI;
Signals to buy:
When the MACD rises above the Signal line & above Zero
When the RSI rises above 30
Signal to sell:
When the MACD falls below the Signal line & is below zero
When the RSI is below 70
Posted by: Solomon | September 06, 2008 at 02:06 PM