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TFC Commodity Trading Forum

Re: US Dollar - Harold/Trades
In Response To: Re: US Dollar - Harold/Trades ()

One interesting anamoly I've noticed, consistently too, with ALL commodities and currencies...is that when the rsi divergences that begin with the initial reading being well into the oversold zone....those are the ones with the most significance for holding and providing a much bigger bounce...

The divergence we had in sept. of last year did not have this very oversold reading in the rsi to start with...

If this is a clue then we should hold here soon and have a significant rally....

Messages In This Thread

Re: US Dollar - Harold/Trades