Rsi

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RSI Divergence Strategy, Divergence Strategy,Day Trading Strategy, Intraday Strategy

What Do We Trade? You can trade all the pairs you want. It is possible to trade other instruments such as futures and stock, but there are some tweaks that would have to be made to the strategy, so we shall not cover these here – we will stick to Forex only.

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A simple yet profitable strategy to trade the daily charts. It's made up of the RSI indicator and a custom built EMA trend indicator. This strategy requires patience and can be used for larger profit targets ( even up to 1000 pips).

The Relative Strength Index (RSI) indicator is a technical analysis tool that helps traders identify overbought and oversold conditions.

Relative Strength Index (RSI) is a momentum oscillator, developed by J. Welles Wilder, which measures the speed and velocity of price movement of trading instruments (stocks, commodity futures, bonds, forex etc.) over a specified period of time. The objective of RSI indicator is to measure the change in price momentum.

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The Relative Strength Index is arguably the most popular technical indicator when it comes to trading. But being popular doesn’t always make you right or eas...

I have already talked about the most important and useful indicators that we can trust and use: What Indicators Can We Trust and Do We Need the Most? Also, two weeks ago, I published another article focused on MACD and the way I use it: How to Use MACD Indicator? I recommend you to read those … Continue reading RSI Support and Resistance Breakout