Posted in: spread-betting
RE: Trading/Spreadbetting board2 Jun 2015 13:55
Shaan ----Yes , below 30(oversold) above 70(overbought ) ---- take care tho' as the RSI Indicator is "time sensitive" !!--
By that i mean that even tho' it may go very oversold or overbought on the 1 minute unless you get the pull-back or re-rise straight away then it can over the next few minutes continue to new 1 min. highs or 1 min. lows(a check on the 5 minute at these times can be useful --
Dax and Dow pa( price action ) is all over the place intraday atm ---the 1 min. has just reversed again !!----
But it does now have a larger /wider 1 minute downtrend from this mornings high @ 11482 down thru' 11410 etc----
Dow will start to influence it soon , i expect --mornings on the Dax are getting to be a better trading time !!---
Hope that all makes sense ??----
GL----Greece all over the news, will it pay-up on Friday or not --new packages being hammered out as i post according to Skye ---
NFP out of the US as well friday , i think ----big couple of days coming up (lol) ----