TEB 5ema & 12ema and 21 RSI (MTF) - Page 3 @ Forex Factory

some helphul common terms for forex traders

Common terms:

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The RSI This set up is based on an article written in Technical Analysis of Stocks and Commodities. The article was written by Hadi Seyedinajad. Mr. Seyedinajad uses the RSI mostly for exits, but I found it to work well for trade entries. I use the RSI for counter trend and trend following trade entries as well. I have been trading this set up for the past four weeks with good results, even in ... a. Rsi is down so I am only looking to go dowm b. Prices under the 5ema under 12ema (stacked. Unless its a cross) c. Go to the chart and look for trades - crosses - candle formations - breaks etc (see ie. in the boxes with lines on the 5 min charts) 2. Then check on the 30 min a. Rsi is down so I am only looking to go dowm b. Prices under the ... Channel RSI (RSI period 2, T3 period 3, high/low period 9) Rsioma 9 period, close. The use of the Rsioma as a filter is optional but is recommended. Tendentially, the signals generated by this system have good precision. Trading rules Channel RSI Strategy. Buy. 5 moving averge above 14 moving average. Arrow buy of channel RSI. View Macd-rsi's profile on Forex Factory. Trading From: Riyad, Saudi Arabia (); Occupation: Trader; Trading Involvement: Professional Trader RSI Retrace Scalping Forex Trading is straight forward mean reversion type strategy. Buy when the price is too low, sell when the price is too high. BTC: $15,374.91 ETH: $451.91 XRP: $0.26 Market Cap: $452B BTC Dominance: 63.06%. BTC: $15,374.91 ETH: $451.91 XRP: $0.26 Market Cap: $452B BTC Dominance: 63.06%. Advertise Publish. Home; News. Forex Cryptocurrency Regulation Announcements Tips ... With RSI trend lines Forex traders are able to receive a much earlier warning about upcoming trend changes since RSI trend lines witness a breakout few candles earlier than chart trend lines. RSI trend lines are especially useful on large time frames. Trading divergence with RSI indicator. Another way to exploit RSI is to take advantage of RSI divergence signals. When RSI approaches 30 look ... Forex Factory is where professional traders connect to the forex markets, and to each other.

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How To Use RSI With Elliott Wave - Forex Trading - YouTube

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