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For the chart above, the candlestick, bollinger bands and rsi indicates a bear trend.
Why does it rebound back?
Thank you thank you
Forex Version 10, Foreign Exchange Market Discussion
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Jun 1 2012, 12:02 AM
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#1
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Junior Member
163 posts Joined: Oct 2010 |
Hi Sifus. i have some questions that i want to ask.
» Click to show Spoiler - click again to hide... « For the chart above, the candlestick, bollinger bands and rsi indicates a bear trend. Why does it rebound back? Thank you thank you |
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Jun 1 2012, 07:07 PM
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#2
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163 posts Joined: Oct 2010 |
QUOTE(Quinn @ Jun 1 2012, 02:11 AM) First I don't use them because it is lagging indicator. Secondly bolinger didn't show me it is a bearish trend. I'm sure some ppl like Pok can share more about bollinger. I would have short at the middle Bollinger and get out with 10pips. But the candle break through the bottom of the band, why will you said that it's not bearish? |
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Jun 3 2012, 01:08 PM
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#3
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163 posts Joined: Oct 2010 |
Thanks Mr Quinn and Mr Pok for your input. I've just started learning this.
May I know which time frame that you're using to trade? Regarding the broker, anyone mind sharing your experience using FxPrimus? This post has been edited by Ken.B: Jun 3 2012, 01:09 PM |
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Jun 4 2012, 11:40 PM
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#4
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163 posts Joined: Oct 2010 |
Hi Sifus, I have a question again.
» Click to show Spoiler - click again to hide... « Source Is the Fib correctly drawn? |
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Jul 20 2012, 12:26 AM
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#5
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163 posts Joined: Oct 2010 |
do we have to pay taxes for money earn in fx?
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