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Articles for: NYSE
Trading against the trend can be a dangerous move. As the saying goes, "The trend is your friend."
Trend strength is an important part of trading directionally when it comes to most systems. A while ago, we looked at an additional criteria that a ProfitSource user employed at one of our software training sessions.
In this age of computers and technical trading software, Welles Wilder’s Relative Strength Index (RSI) remains one of the most popular indicators in technical analysis. <
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