Forex scandal 2016
Date: 2017-05-15 00:07
More video on topic «Forex scandal 2016»
- Mahathir using stolen Forex money to finance Pakatan
- News — RT
- Aguirre willing to quit post over Jack Lam scandal
But here’s what I want to point out about these patterns – two patterns in one. Look at this: so, if we connect these highs and we connect these lows, what do we got? We’ve got a triangle, a symmetrical triangle. And so when you get a Head and Shoulders pattern like this where the right neckline is lower than the left neckline, you have two patterns in one.
Now here is the last example I want to give. We haven’t seen this yet. And this is more rare. Specially these days. But it does happen. And that’s where the index comes down to either negative 6555 or goes up to positive 6555.
Mahathir using stolen Forex money to finance Pakatan
The Competition Commission says Citibank has undertaken to cooperate in the matter and they are witnesses to assist in the prosecution of others in the illegal trading. Absa, Standard Bank and Investec are among local banks implicated in the fixing of the exchange rate.
News — RT
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Aguirre willing to quit post over Jack Lam scandal
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JOHANNESBURG - The Competition Commission says it has reached a settlement with Citibank in connection with an international forex trading cartel.
I would only trade it in the direction of the trend, not looking for reversals. I’ll look for trend reversals. Lot of people actually do say that the MFI is better than the RSI indicator buy and sell signals, looking for trend reversals. And they’ll add some other qualifications in there as well which is good. Sometimes they look for divergences. Things like that. Personally, historically, I have not seen that to be very accurate, so I only use it to trade it in the direction of the trend.
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The reason that RSI isn 8767 t a momentum indicator just for review, is because momentum requires mass. Momentum is the product of mass and velocity. RSI only measures velocity or rate of change. But it does not include mass, or as we refer to in the markets, volume. That’s why I say, controversially, it 8767 s not a momentum indicator.
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