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News Trading with RSI

  • #21
  • Sep 7, 2016 8:06am Sep 7, 2016 8:06am
About 9mnt left.Rsi crossed 30.
  • #22
  • Sep 7, 2016 8:07am Sep 7, 2016 8:07am
Quoting TooSlow
Two hours = 120 minutes. 120 vs 140? Deal or no deal? Not much matters. Last RSI cross usually less than 120 minutes. Will track CAD news in 2 hours.
Wait a minute.
Sorry for the pun.
1.40 hours is 60 + 24 = 84 minutes.
Or it is 1 hour and 40 minutes = 100 minutes.
Could be 84, 100, 120 or 140.
As before, not much matters.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #23
  • Sep 7, 2016 8:14am Sep 7, 2016 8:14am
I can`t understand - who can explain - how can be associated RSI indicator and future unpredictable news?
Do not waste your time
  • #24
  • Sep 7, 2016 8:16am Sep 7, 2016 8:16am
Quoting olvus
I can`t understand - who can explain - how can be associated RSI indicator and future unpredictable news? Do not waste your time
 
You don't need to be here.
We are just trying out this system as well.
  • #25
  • Sep 7, 2016 8:23am Sep 7, 2016 8:23am
Exited due to no move.but i was wrong.
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  • #26
  • Sep 7, 2016 8:25am Sep 7, 2016 8:25am
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A few pips to the shorts.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #27
  • Sep 7, 2016 8:28am Sep 7, 2016 8:28am
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Moving on to CAD
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #28
  • Sep 7, 2016 8:35am Sep 7, 2016 8:35am
Quoting saad007
Exited due to no move.but i was wrong. {image}
 
So it proves one thing, it only works with EUR/USD presumably.
  • #29
  • Sep 7, 2016 8:39am Sep 7, 2016 8:39am
Quoting TooSlow
{image} Moving on to CAD
That worked on a non EUR/USD pair
  • #30
  • Sep 7, 2016 8:46am Sep 7, 2016 8:46am
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Waiting
Added currency strength meter.
Does it help?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #31
  • Sep 7, 2016 8:51am Sep 7, 2016 8:51am
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Using M15 currency strength.
@ 10 minutes till RED CAD news.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #32
  • Sep 7, 2016 8:54am Sep 7, 2016 8:54am
About 7 minutes left.Crossed 30.So it's sell opportunity.
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  • #33
  • Sep 7, 2016 9:02am Sep 7, 2016 9:02am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #34
  • Sep 7, 2016 9:05am Sep 7, 2016 9:05am
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Buy stop triggered.
Placing stops on both sides of price gets you in the trade in the profit direction.
Have to exit quick.
No looking back.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #35
  • Sep 7, 2016 9:10am Sep 7, 2016 9:10am
Quoting TooSlow
{image} Buy stop triggered. Placing stops on both sides of price gets you in the trade in the profit direction. Have to exit quick. No looking back.
​ Did you follow the rules?
  • #36
  • Sep 7, 2016 9:14am Sep 7, 2016 9:14am
Quoting Exciter135
{quote} ​ Did you follow the rules?
My rules

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #37
  • Sep 7, 2016 9:15am Sep 7, 2016 9:15am
Quoting saad007
About 7 minutes left.Crossed 30.So it's sell opportunity. {image}
It seems you interpreted oppositely the rules. Mine was over 70 right 2hrs before news, so this is counted within 2hrs. Then it crossed below 30 46 minutes after that, .i.e within in 1h40. So this has to be taken oppositely, i.e. LONG.
  • #38
  • Sep 7, 2016 9:20am Sep 7, 2016 9:20am
Supposed to work with EUR USD only
  • #39
  • Sep 7, 2016 9:21am Sep 7, 2016 9:21am
Quoting Exciter135
{quote} It seems you interpreted oppositely the rules. Mine was over 70 right 2hrs before news, so this is counted within 2hrs. Then it crossed below 30 46 minutes after that, .i.e within in 1h40. So this has to be taken oppositely, i.e. LONG.
Not sure I comprehend.
Clock ticking...
At 2 hours before news start looking at RSI(14) level
Oldest 30/70 cross is used?
Need clear rules/steps

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #40
  • Sep 7, 2016 9:21am Sep 7, 2016 9:21am
Quoting safhammer
Supposed to work with EUR USD only
We are extending the tool.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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