thought. . His results show that this can be more effective. That site is no longer regularly updated but still contains a wealth of information about short term trading. Readings below 10 are oversold. While RSI(2) is above 90, this is not a short signal.
Chapter 10 Double 7s Strategy: Not much I can say about this chapter without revealing the strategy it presents a good simple trading strategy for the SPY when it over its 200dma. A Second forex tester discount coupon High Probability Short Term Strategy. Chapter 6 Rule 5 Stops Hurt: This chapter presents compelling stats on how much stops of different kinds (time stops, loss, trailing) hurt trading systems. . For example, there could be a trade in European stocks when US stocks are in a trading range. Strategy: 12, time the market using trin, the VIX, the 2-period RSI and price as described in the Market Timing chapter. The basic idea is to buy when the VIX is stretched. This strategy uses a 2 period RSI or RSI(2). After a position is opened, trades were closed when RSI4 ended the day above. Of course the assumption here is that all of us somehow will know wat eg xxx ring signal etc mean. Among the strategies detailed in one of his books, High Probability ETF Trading: 7 Professional Strategies to Improve Your ETF Trading, is a system known as RSI25.
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