Trading S/R — Hi Kareem, Thank you for showing a chart of my default setup. If I may, there is one setting that I would change - the 21 period RSI is way to sluggish in defining the RSI levels - using a 9 period or possibly a 14 period would ...

The RSI Trade

RSI/Bol Bands and Stoch — hI Kareem, Thank you. Could not resist posting as Rebelhearts layout is very similar to my main setup which is my default layout - tells me everything I need to know -use with multiple timeframes and its pretty ...

The RSI Trade

RSI / Stoch — Hi Rebelheart, Like your combination of RSI and Stochastic (have you tried trading Stochastic extremes with this setup?) If you use the stoch extremes with RSI S/R levels, you will have a pretty robust simple system! If you ...

The RSI Trade

Hi Kareem, I have just checked out your RSI (21) on my stocks - ALL my RSI S/R levels, which are the basis of my trading do not work, so most of what I have previously posted will be meaningless Conclusion: Stocks and FX are two entirely different ...

The RSI Trade

post #566 — Hi Kareem, Nice entry, long tail poking below RSI trendline and closing above. Do you mind if I enquire why you exited on the next bar? (you don't have to answer, I'm just curious) Regards Peter

The RSI Trade

RSI TIME PERIOD — Hi Kareem/Andy As mentioned early on, I do not trade FOREX, I trade stocks (ASX) I post here because of the friendly helpful environment. I follow quite a few interesting threads on the forum, always looking for ways to ...

The RSI Trade

RSI Trendlines and pivots — Hi, Just to round of the previous post -- Trading should be easy, we should not have to search for our signals - they should be obvious Using the RSI helps take much of the mystery out of price action Some of the ...

The RSI Trade

RSI Pivots — Hi Kareem, Here's something that may be of interest? check it out. RSI Pivots: We have a trend when we have a series of higher pivot highs and higher pivot lows and that trend is in place as long as this condition continues A ...

The RSI Trade

hI Kareem, Nice to see you back, I've primarily been interested in trading the RSI S/R levels and divergencies, but have recently been checking out the potential of using RSI trendlines, and therefore the associated RSI pivots - and it looks very ...

The RSI Trade

RSI Trendlines — Just to add to the above post For rangebound or consolidating markets: i.e. price is range bound/consolidating when the RSI is "stuck" between the RSI(9), 40 zone-60 zone band This is a good place to draw trendlines to ...

The RSI Trade

RSI trendlines — Hi Kareem, Your original basis of this thread is based on RSI trendlines For trending markets: How do you know which RSI pivots to draw the RSI trendline through? You probably don't? - Until you get a trendline break - if it ...

The RSI Trade

Putting it together — Hi Gavril, It takes time and perseverance - you are streets ahead of most of us Wish I had known what you know, when I was your age. (Don't know your age but I'm pretty sure its a lot younger than me) Keep punching away, ...

The RSI Trade

Hi Kareem, I did not intend becoming involved posting here, one of the reasons being - I am not sure if or not my experience of stock trading is relevant here ?(Forex) In theory I suppose it should but...................... The Forex charts which I ...

The RSI Trade

Hi Gavril, I notice that you use both the RSI and the CCI - which I think is a great combination - they are both momentum type indicators but derived from different formulaes (obviously) - so if one "misses" a trade, there is a good chance that the ...

The RSI Trade

What does your trading plan say !! If your system has a positive expectancy, the odd loser or in fact a string of losers is no big deal, just keep taking every trade and let your positive expectancy play out image

Exit Checklist

Here's what I think — Hi Gavril, The two trend commencement levels are RSI(9) 40 and 60 We go below 40 we have the start of a downtrend, if we have follow through We go above 60, then we have the start of an uptrend, if we have follow through. ...

The RSI Trade

Hi Sim, English is not Qqe's native language. He is saying that when he has agreement between his Stoch signals and his trendline signals - he is confident in taking a new trade Qqe, hope you do not mind me answering for you Peter

The RSI Trade

False signals — Hi Qqe, (I trade daily charts) I used to use the stoch but found it very "noisy' - to overcome this I set it to 45 periods so that it just picked out the main moves. Have you tried the RSI/CCI combination? RSI operates between ...

The RSI Trade

A minor detour (Bollinger Bands), sorry — Hi Gavril, Hope Kareem does not mind a slight highjack. Ref #523 I notice that you use Bollinger Bands - they can tell you when a move is over. You have confirmation of the end of a breakout move from ...

The RSI Trade

Divergence — Hi Paul, Thank you for the reply Divergence A lot of confusion is created by the various names given to the 4 main types of divergence - and thats a pity Divergence is not unique to the RSI, it can be related generally to ...

The RSI Trade