THank you for your comment. Your method looks effective. What timeframe is best suitable for 2 period Rsi? Regards

Profitable RSI System - Reversals Only

image image We don't want to participate in weak divergence trading. Few potential ways to spot weak divergence are: - an opposite directional divergence right after a breakout - divergence that has a messy contraction area close to it - ...

Profitable RSI System - Reversals Only

Blue line = mid support line Final confirmation occurs here in the mid support line. Wait for price to retest and break with force before placing order. image image image

Profitable RSI System - Reversals Only

Trade 4# +2.9 pips Subtotal +10.6 pips image image

Profitable RSI System - Reversals Only

Trade 3# +6.5 pips Subtotal: +7.7 pips image image

Profitable RSI System - Reversals Only

Trade 2# -4.7 pips Sub Total: 1.2 pips image image

Profitable RSI System - Reversals Only

Starting 100 trade challege. Trade 1: +5.9 pips Total: 5.9 pips image image

Profitable RSI System - Reversals Only

Hey, appreciate your feedback. Cheers!

Profitable RSI System - Reversals Only

Follow the Updated version of this thread with more accurate entry logics. url Cheers!!

Price Wave Strategy - A Complete Guide

I understand your pain. I just posted a new thread RSI pro system. Look for it. That thread is the updated version of this thraed with more accurate entry mathematics. I am a reversal trading and i know it's often the continuation that cuts the ...

Price Wave Strategy - A Complete Guide

First loss of the day. Bought at premium coz i was away and price already retraced and touched bottom. image image

Price Wave Strategy - A Complete Guide

Yes place order as it touces bottom line or you may add an extra layer by waiting for a bearish pressure. I observed that waiting makes me sell at premium. We want a discounted price. As for a rising wedge like your image, price retarce back to ...

Price Wave Strategy - A Complete Guide

If doesn't return to bottom line, no order. image

Price Wave Strategy - A Complete Guide

Gracias

Price Wave Strategy - A Complete Guide

That's correct! image

Price Wave Strategy - A Complete Guide

You can do without rsi. You can use rsi to continuously justify the wave length and the channel momentum. For example when price is too stiff because candlesticks all rose for sometime, you might not see a wave curve only by watching chart but rsi ...

Price Wave Strategy - A Complete Guide

Make a lot of sense! Thank you. image

Price Wave Strategy - A Complete Guide

image Channel break..return to the bottom line..plalce order..

Price Wave Strategy - A Complete Guide

That's right.

Price Wave Strategy - A Complete Guide