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
