Plot mo rsi sa chart. Adjust upper limit sa 55. Adjust lower limit sa 50. Plot alma.
Two entries dito.
First entry is when rsi na galing sa baba at umakyat then nbreak nya 50 at the same time candle breaks alma as resistance. Yun ang buy nyo. Yung sell naman is when candle breaks alma as support.
Second entry. Let’s say malakas tlaga ang stock. It breaks rsi55. Ang second entry is sa break ng 55 rsi while candle is above alma or kakabreak lng alma. If kakabreak lang ok. If above ok din. Sell is when candle breaks alma as support.
Yung mahilig dati sa RSI 50 pero lagi whipsaw eto yung ngcorrect ng mali ninyo.
Study it. Back test it. Use it.
I love you. I will keep on helping you for free.
If you want to learn more about stock trading join our Facebook Group called Trader’s Lounge.
Our advocacy is sharing ideas, experiences and knowledge to traders for FREE. We offer free Technical Analysis, Fundamental Analysis and Market Psychology learning materials for free.
We also have weekly lessons over there. We created different trading strategies like MAMA which made a lot of traders profitable. Other trading strategies include FISHBALL, PAPA, CALMA and more. We want to offer OFW’s, Employees and all Filipino people a chance to learn without paying a cent.
We also have a Youtube Channel wherein I myself discuss strategies and trading related topics.
Come join us. Let us push free learning.