Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now
Learn to use one of the most popular indicators - RSI - Relative Strength Index
Wednesday, March 14, 2018
Expert: Barry Norman Hosted by: CMSTrader- Forex
- Cryptocurrency
- CFD
- Technical Analysis
- Intermediate
- Advanced
RSI is one of the most popular technical indicators, is computed on the basis of the speed and direction of an assets price movement. This means that the RSI indicator only measures the securities internal strength (based on its past) and should not be confused with its relative strength. RSI works great for bitcoin as well as forex and commodities trading.
The RSI is also used to spot divergence. Bearish divergence is when the price is rising, but the RSI falling. It warns the price could soon correct lower since buying momentum is slowing.
Divergence (bullish or bearish) is not a timing signal, as it can last a long time. Rather, divergence helps confirm other signals, and lets traders know when a trend may almost be over.
Like many momentum oscillators, overbought and oversold readings for RSI work best when prices move sideways within a range.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
The RSI is also used to spot divergence. Bearish divergence is when the price is rising, but the RSI falling. It warns the price could soon correct lower since buying momentum is slowing.
Divergence (bullish or bearish) is not a timing signal, as it can last a long time. Rather, divergence helps confirm other signals, and lets traders know when a trend may almost be over.
Like many momentum oscillators, overbought and oversold readings for RSI work best when prices move sideways within a range.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.