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What to do on the daily chart… After youve identified and drawn in the key long-term levels on the weekly chart time frame, its time to drop down to what I consider the most important time frame; the daily chart. The key to this RSI strategy - versus the traditional interpretation of RSI, which simply tradesoverbought or oversold levels - is to first look for a reversal candle, which provides us with a signof exhaustion before taking the trade.
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Puede llamarnos al 976 487 076 o escribirnos un e-mail. Upcoming important economic announcements: 11212011 10:00am EST: United States Existing Home Sales 9:00pm EST: New Zealand Inflation Expectations qq Trading Setups Chart in Focus: The EURUSD closed today marginally lower after rejecting higher prices intra-day.
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