Overview

The need to have your trading strategy is written in almost every trading manual. The process of creating your trading scheme allows you to bring the understanding of trading to perfection. Besides, it allows excluding from it any accident that hides additional risk. This book introduces how to make profitable trading with the relative strength index (RSI). The RSI is a momentum indicator used in technical analysis. It measures the magnitude of recent price changes to evaluate overbought and oversold conditions in the price of a stock or other asset. In this book, you'll learn how to calculate RSI and use it to generate exact trading signals. Inside providing a step-by-step guide to using RSI for trend trading. They mean revision trading and you'll be walked through multiple complete real-world examples. Find out together: - Additional Things to Understand about RSI - Mean Revision Trading: Exact RSI Trading Signals; A Real-World RSI Example - Trend Trading: How to Use RSI for Trend Trading Step-by-Step - Tips, Techniques, and Common Pitfalls - Much more!

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