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	<title>Comments on: Forex Technical Analysis for 09/08—09/12 Week</title>
	<atom:link href="http://www.earnforex.com/blog/2008/09/forex-technical-analysis-for-0908%e2%80%940912-week/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.earnforex.com/blog/2008/09/forex-technical-analysis-for-0908%e2%80%940912-week/</link>
	<description>My Forex experience and some Forex related information that might be useful to other traders</description>
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		<title>By: Solomon</title>
		<link>http://www.earnforex.com/blog/2008/09/forex-technical-analysis-for-0908%e2%80%940912-week/comment-page-1/#comment-20880</link>
		<dc:creator>Solomon</dc:creator>
		<pubDate>Sat, 06 Sep 2008 18:44:50 +0000</pubDate>
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		<description>It is quite possible for any trader to generate his own Buy and Sell signals by just following a simple technique of combining two or more technical indicators from a technical analysis by following the TREND. As it is usually said in forex trading that the trend is your friend!

First of all you must understand the definition and working of each of the technical indicators you want to use, like ADX, Stochastic, MACD, RSI, Parabolic SAR, Momentum and Bollinger Bands. As a matter of fact you must do a lot of study and research and then come out with the technical indicators you are most comfortable with.

The combinations are as follows: (1) ADX with Stochastic; (2) MACD with RSI; (3) MACD with Parabolic SAR; (4) RSI with Momentum; (5) RSI, ADX with Parabolic SAR; and (6) Bollinger Bands with ADX.

for example:

MACD with RSI;

Signals to buy:
When the MACD rises above the Signal line &amp; above Zero
When the RSI rises above 30

Signal to sell:
When the MACD falls below the Signal line &amp; is below zero
When the RSI is below 70</description>
		<content:encoded><![CDATA[<p>It is quite possible for any trader to generate his own Buy and Sell signals by just following a simple technique of combining two or more technical indicators from a technical analysis by following the TREND. As it is usually said in forex trading that the trend is your friend!</p>
<p>First of all you must understand the definition and working of each of the technical indicators you want to use, like ADX, Stochastic, MACD, RSI, Parabolic SAR, Momentum and Bollinger Bands. As a matter of fact you must do a lot of study and research and then come out with the technical indicators you are most comfortable with.</p>
<p>The combinations are as follows: (1) ADX with Stochastic; (2) MACD with RSI; (3) MACD with Parabolic SAR; (4) RSI with Momentum; (5) RSI, ADX with Parabolic SAR; and (6) Bollinger Bands with ADX.</p>
<p>for example:</p>
<p>MACD with RSI;</p>
<p>Signals to buy:<br />
When the MACD rises above the Signal line &amp; above Zero<br />
When the RSI rises above 30</p>
<p>Signal to sell:<br />
When the MACD falls below the Signal line &amp; is below zero<br />
When the RSI is below 70</p>
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