Tuesday, December 16, 2014

Crudeoil positional analysis 16.12.14 Update I

Part 2 : RSI

I use RSI because it’s a forex indicator that follow the Big Trend
with more accuracy. It doesn’t give many false signals when
prices do a little pullback. It’s an advantage

My RSI period is 21

Normally, I use RSI only to find little pullbacks, but sometimes
it can help me to go out of my day trades.

Part 3 : William’s %R

For me William’s %R is the King of forex indicators. I use it to
find the turn point of pullback. One minute, I’ll explain with my
simple english words. William’s %R shows me when the end of
a pullback is near. Did you understand me ?

Now pay attention, please.
William’s %R value are between [-100 ; 0], but for me, when I
write I do [0 ; +100]. Why ? I don’t know. May be I don’t like
negative numbers.

Hey, I lost three times my money, so I’am a little paranoïd.

Download pdf here : http://www.forexstrategiesresources.com/app/download/5902736280/Forex+day+trading+system.pdf?t=1402518367



DEC2014 contract Profit/Loss update 16.12.14