Monday, June 23, 2008

RSI Indicator

Here is another FXStreet.com video teaching you how to use the RSI indicator in the Forex market.

Back to Basics -The RSI indicator; one of my favorites

Friday, June 6, 2008

200 MA (Moving Average)

Some call it the brick wall. Others use it as a trend indicator. It's also noted as a place where institutions wait to load up or off load investments. I use the 200 MA on my charts as a trend gauge. If price is above the 200 MA, I only look to go long and if price is below, I only look to short. This all depends on other conditions as well. I also use it as a filter to help scan for stocks to potentially trade.

Financial dictionary definition: "A technical indicator compiled as a statistical series of a security's closing prices throughout 200 consecutive trading days. A 200-day moving average is designed to discover changes in a trend. Generally, a moving average is superimposed on a stock's line chart. If the stock price penetrates the moving average on the upside after a downward trend, the penetration is a signal to buy. But if the stock price penetrates the moving average on the downside following an upward trend, the penetration is a bearish sign. "200-day moving average

See this short YouTube video on the 200MA:

Wednesday, June 4, 2008

Preview Investment Books Free

Use Google books preview books before buying or even see full text of books depending on if it's out of print or publisher gave permission. Either way you can pickup some helpful information that can aid in your trading.

Here is a link to a book search on stocks:
Google book search on stocks

Link to Google Books main page; http://books.google.com

Monday, June 2, 2008

Free Online Class?

At http://www.futuresinvestingclass.com

Seems to be on options. I haven't checked it out so read the fine prints before signing up.