Smart investing for a secure future in Singapore
Being patient is key to successful trading and investing.
Monday, September 6, 2010
What is overbought can remain overbought
C K Ee's explanation of why RSI can remain overbought is an extremely interesting one.
This is as follows:
For Long, buy when
-RSI cuts back into overbought territory the second time. Condition is that RSI has to remain above 50.
- Exit when RSI cross below 50.
Example:
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment