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The best strategy for Forex 2009

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His contribution is that a properly designed moving average: exactly reduces the magnitude of cyclical fluctuations equal to that time span to zero; diminishes, but does not eliminate, the magnitude of cyclical fluctuations of periodicities less than the moving average; and all fluctuations of durations greater than the periodicity of that moving average stay visible with the smoothing effect diminishing as periodicity increases.

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If the RSI is 70 or greater then the instrument is seen as overbought (a situation whereby prices have risen more than market expectations).

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