The RSI or Relative Strength Index is one of the most prevalent indicators used in forex charting. Like the Parabolic SAR, it was invented by Welles Wilder, one of the distinguished technical analysts of our age acknowledged for his expertise with fx trading and fx charts. However, it has a very separate function.The Relative Strength Index is a momentum oscillator. It compares the price gains of a stock or currency pair to its losses and...more
Because of the Internet, many small business owners now have the opportunity to expand their businesses into the international trade market. The days of having to be some huge corporate machine with bottomless pockets to be involved in the international trade market are finally over. With a little guidance, any website owner can now jump into a very pig pool and expand their business.The government is promoting small business as a way to fight...more
Learning how to identify the Tasuki Gap pattern provides traders a powerful trend continuation indicator.ReliabilityThe Tasuki gap is considered a medium reliability, according to Bulkowski's Encyclopedia of Candlestick Charts, Tusaki gaps are 57% reliable. With an overall performance rank of 5 out of 103, Tasuki Gaps can provide excellent returns when traded properly.The Significance of Gaps in Candlestick ChartsRice Traders in Japan studied gaps in candlestick charts very closely, and determined this price action to be of high importance. Gaps that appear in the direction of the prevailing trend indicate that momentum remains intact. Unless the gap is filled during the next trading day, on higher than normal volume, a gap signifies trend continuation.Unless the gap is filled, any price action contrary to the gap is viewed as profit taking by traders. This marks the famed "pullback entry" as it marks more profitable entry points.Upside (Bullish) Tasuki GapDescriptionThe Upside Tasuki Gap occurs in a strong uptrend, and is identified by two white candlesticks with large real bodies. The two white candlesticks are separated by a gap. A black candlestick forms on the third day,...more
The Senate Health Bill has been grabbing headlines for months as members of the Senate continue to debate spending, bill allotments, and the merits of improved or universal healthcare coverage. The latest iteration of this bill in late November and included a price tag of $849 billion, according to the Congressional Budget Office. $200 billion...more
Americans are still finding ways to deal with the recent economic crisis. To get out debt, some people seek credit counseling while others turn to debt consolidation and debt settlement. Is there a difference between consolidating and settling debts? Let's discuss the basic facts about debt consolidation and debt settlement.Two Different Debt...more
If you are really looking for ways to get out of debt and substantiate your finances, you are indeed in the right track. It is inevitable that the trauma and mental pressure one undergoes while under debt, associated and powered by the banks and credit cards tends to multiply with each passing day. The continuous calls, nagging mails and irritating visits can really make life hell for anyone who is already struggling with life and stability.The well known and adopted methods to get out of debt are debt settlement and filing for bankruptcy. The former method is considered the best way as it is reliable and further does not reflect on your credit ratings. However, the concern is to how to get the best deal on the debt negotiation. A well laid and organised case can be framed to surprisingly achieve as much as 60% of the outstanding amount. Unbelievable! But it true, provided that you have the support and your case is backed with planned execution. Remember that the debt settlement is quite complicated as involves a lot of paper work along with agreements. So it is never easy for one not well versed with the legal terms to get a good deal.Here are a few tips that might give you some...more
You might have a grim idea about the revolution brought about the credit cards and the immense change in the financial system around the world due to it. But, few people realize that a huge percentage of the population is getting addicted to these...more
As the financial system of the entire world is on a destructive mode, it is not surprising if you are not able to meet the repayment bills. The situation becomes more intense when you have to look into your regular commitments, as well as take care...more
As we all have witnessed the recession monster eating up our entire financial system we are completely shaken till the roots. Fear has gripped many people who think credit card as the sole reason for their present condition. The real problem appears...more
It is the nature of Human being to get excited and lose control of mind once he gets unlimited power. The similar theory works for credit cards as we tend to get spendthrift as we get limitless purchasing capability. The brakes appear when we get a...more
A huge debt can be painful if not handled in the right fashion; especially if one's financial system is shaky and things do not look good enough for you. In addition to that if you miss a single installment or monthly bill, you have harsh additional...more
As the world has entered into a new century, the levels of uncertainty have multiplied accordingly. Now, it is very tough to predict these days the trend of the market and the name of a safe business. We can only hope for a safe tomorrow unless there...more