Maitland, Florida] – February 09, 2011 – Trading Forex successfully is not an easy task. Many people try and many people fail. One of the most used trading indicators by beginning and expert traders is the RSI, the Relative Strength Index. Traders from beginners to experts use it. But many misunderstand how to use it properly and don’t understand what it has to offer.
You Learn Forex, a Florida company, has been in business for over 2 years working to solve that problem with the introduction of a new trading system. The purpose of the system is to provide Forex traders with a method to understand and trade the new concepts of RSI that have remained hidden and somewhat obscure for a number of years. Their system is based on two kinds of signals; positive (bullish) reversals and negative (bearish) reversals.
In the past, RSI has been used primarily to determine whether price is overbought or oversold. This has been its main use since 1978 when it was developed by Welles Wilder. Later, Andrew Cardwell, a student of Wilders discovered a new signal on RSI that no one else had noticed. Wilder had found divergences but Cardwell found something he called a “reversal”.
Reversal signals have remained unknown to most traders but are important because they are statistically more accurate as they signal the continuation of a trend. In addition, they have very small drawdowns meaning that the trade entry can have a much larger position size.
Paul Dean, the owner of You Learn Forex, has produced a Complete Trading System called The RSI PRO Forex Trading System which includes a comprehensive eBook (RSI Fundamentals: Beginning to Advanced, second edition 2010, 196 pages, 110 color charts, 21 illustrations) and a proprietary RSI Paint Indicator which locates and alerts traders to new trade signals. The system includes a 40 page book of trading examples.
The website produces new content daily on the trading system to support new traders and does an excellent job of follow-up to individual trader questions. Currently you are able to download a FREE eBook on The Exact Steps on How to Learn Forex.
To trade Forex successfully you need a trading system that has a statistical advantage You Learn Forex is a company that seems to have a system that does just that.
Contact: Paul Dean
Company Name: You Learn Forex
Email Address: Contact@youlearnforex.com
Website: http://www.youlearnforex.com/
Address: 2585 Anaconda Trail, Maitland, FL 32751
Phone: 407-312-2425
