|
Central Missouri | Menno, google it and you will get more than you want. I watch RSI to see the extremes which you have mentioned but more importantly I watch it closely when there is divergence i.e. when price is trending lower and makes new lows but the rsi doesn't and vice versa. Look at the current bean chart. Look at the current copper chart at the highs. I have to keep things simple. A macd cross with rsi divergence gets my attention. Couple that possibly with a daily reversal in a seasonal low period and my attention peaks. If you do these things you have to take the short and the long. Sometimes the market will move sideways and you get whipsawed back and forth but all markets eventually start big trends and that is where the money is. | |
|
RSI - need some info
