Description
Learn how to effectively use RSI, a mainstream technical indicator which is in virtually every technical analysis software package. Properly understood and utilized, it can be a powerful tool to help you time and select trades. This book is an informative guide to the use and interpretation of RSI.
Table of Contents:
Section I – Preparation and Understanding – The Key to Success!
1. Overview
2. RSI Math
3. Price Behavior
4. The Real Nature of The Market place
5. Price Behavior
6. Basic Retracement Theory
7. Summary Section I
Section II – Using the RSI to Trade
1. Conventional RSI Use
2. Professional RSI Use
3. Trend Determination Using RSI
4. The Truth About Divergence
5. Momentum Discrepancy Reversal Points
6. Trend Direction Using Momentum Discrepancy Reversal Points
7. The Relationship Between Price & RSI Retracements
8. Valid Support & Resistance Price Levels
9. Help… A Longer TimeFrame Just Jumped in My Puddle!
10. Conclusion
