Get started

Relative

Trading with RSI: The Bad, The Good and Even BetterIn this video I explain how to use RSI (Relative Strength Index) to make trading decisions. You'll learn how to properly use RSI oversold condition, combining low timeframe price action signals with high level context analysis. Besides of explaining three different strategies (the bad, the good and even better) I'll do back-testing on historical data to demonstrate how those strategies translate into real trading results. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYEducation
by hermes_trisme
Trend Trading Strategy for the Heiken Ashi Algo v6Knowing when the RSI and price are in a ranging phase even in the short term can be a difficult process. You are either #Ranging #bullish or #bearish. At least in the Algo v6 you can get a clear vision of exactly whats happening. In this video im going to give you a VERY simple strategy on: 1. How to know if the RSI and price are ranging 2. When do i break away from Ranges 3. Am I trending 4. Im trending but whats my confluence to take a long or short 5. Is my range getting bigger or smaller Enjoy this quick vid and ask questions below. Thanks everyone.
Education
by CoffeeshopCrypto
4
Stocks to Watch Relative Strength Edition The Market is showing some questionable activity, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 22 total stocks on this list. I add an additional 2 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:STAALong
by Jtacher51
4
DOW vs SPY... Slightly different POINT of INFLECTION - MUST SEEHi all - I wanted to point out that the DOW is slightly lagging in relative position to the SPY in relation to the inflection points from the August, Sept, Oct pattern that started the Q4 bull run in both. We can see that: 1. SPY has ALREADY REACHED the first inflection point in relation to the the August, Sept, Oct pattern that started the Q4 bull run in both. 2. DOW is APPROACHING the August, Sept, Oct pattern that started the Q4 bull run in both. What does this mean: Some traders closely follow all three majors (SPY NASDAQ DOW)... but some choose one to follow. While SPY attempts to remount $285, DOW is APPROACHING $25k. This difference in alignment may add to the uncertainty at this inflection point going into the week of April 20th! Keep eyes on the level on both charts so you can avoid getting chopped out (regardless of your bias long or short). Thank you to the trading community for taking the time to view my perspective on the charts! Be well - xeenos trading
CBOT_MINI:YM1!
by xeenostrading
Morning Ideas November 13, 2019Stuck in the middle of this upper balance. It's a good thing and a bad thing for the longs. It's good because we aren't rejecting this upper balance, we are still very much in the middle of the balance. The bad news here is that we can still pull back to the lower end of the balance so if you're long, you may have to sit through some heat. VPOC from yesterday is above us and this market is likely to be pretty choppy on the open because we are in an area of acceptance. Refrain from chasing the market in such environments.
CME_MINI:ESZ2019Long
by TakeProfitTrader