DislikedHi Danny, Qqe
Please read my post page 23, (339)
The process is pretty straight forward, takes about 5 mins to set up the RSI S/R chart.
Once you have done that, check it out against a few pairs/stocks etc.
Its usefullness or otherwise should be obvious - if not - then simply move on, it either works for you or it doesn't - same as any other type of analysis - they all work, but any single type is unlikely to work for everyone.
For me the RSI fits perfectly with my perception of trading i.e. it offers low risk trades (the spread between entry...Ignored
I have read a lot where you mentioned. It was about divergence trendline, support resistance. I am just curious of what you use with rsi except cci 10. secondly you use RSI (9). Is it close, weighted close, typical price, high or low bla bla..?
I will be happy if you answer
Thank you
QQE