How to Use the RSI Indicator in Real Life
In this video, Jerremy Alexander Newsome covers the Relative Strength Indicator along with his 3 favorite ways to use it. In the video, he also mentions a few times the Bollinger Band video. You can watch that here. reallifetrading.com/videos/how...
Пікірлер: 13
Hey, thanks for that great video, are you using the rsi also in youre 5-10min timeframe daytrades? maybe for buying or selling? Thanks man!
@RealLifeTrading
2 жыл бұрын
YEP! I'll use it then also! :-)
@spider3358
2 жыл бұрын
@@RealLifeTrading Do you use any other indicators also, or only the rsi and vwap for ur daytrades? Thanks from Germany 🤙🏻
@RealLifeTrading
2 жыл бұрын
@@spider3358 Go through my free day trading course brother = www.reallifetrading.com/day-trading-course-new
I thought that when the RSI is avobe 70 is being over bought and when is below 30 is being oversold? when is below 30 is time to buy and below 70 is time to sale?? thank you for the video!
@RealLifeTrading
8 жыл бұрын
+Paulo Justiniano That's the basic foundation of it, yes. RSI is a momentum indicator. "Over bought" is a very vague term. And it's important to know that a stock can always go higher even if it's overbought.
The un-bearded version! Awesome even years ago.
@RealLifeTrading
3 жыл бұрын
;-)
My name's Lloyd and I like RSI ))))) this is trading rehab...... oh wait it's not... oopsmoving on to look for some premium to sell... happy trading people
@RealLifeTrading
8 жыл бұрын
HAHA. "Hi Lloyd". HAHA