Forex4you Technical Analysis 26 June 2012

[Fort-x]

This is an old thread, since it is from June and this is now October, but I thought I would comment anyway, and yea, I am a newbie at Trading. Thought I would leave my observations anyway. Without analyzing the candlesticks, and only on the right of chart with a congestion and non trending area, I notice a MACD divergence, and RSI below 30 and a bearish breakout of the channel to the right of chart. Not sure about the other 2 indicators, not familiar with them, but it looks like the indicators have shown to be correct.

[ddeeen]

I've use RSI, two SMA, and stocastick indicators. These combination have make hundreds pips for my self.
I suggest you to make pips in roboforex or liteforex. its good there..