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.
Strength
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.
ALT Season Is Starting - Total Market Cap 2MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
CryptoCheck Team
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!
Don't Say I Didn't Warn You!! (SPY Long)Hi traders,
As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration.
SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to 318.
Yes, you'll not be the first in big breakouts, but at times like these, you'll be damn glad you didn't jump in too early.
Tom | FINEIGHT
GDS - How to do ANALYSIS from the BLANK CHART! 90% of the work!Hey traders,
do you want to see, how to analyze the market? What are my thoughts behind the process? If so, then this video is for you.
Many traders think, that I only draw some lines or zones, but the truth is, that the analysis is more complex.
You have to understand which groups are participating in the market and which zones are attractive and WHY!
Entry based on some PRICE ACTION pattern is only 10% of the work you have to do.
I focus on the GDS stock, which showed relative strength compared to the whole STOCK market. Insiders believe that the bullish trend will continue. This two information gives the GDS right to be part of my watchlist for the upcoming week.
I hope you will like the analysis.
Good trading.
Jakub
FINEIGHT