2 Period RSI Trading Strategy for Forex Markets (Larry Connors inspired)

[@davidmadle5007]

thank you for the work you put into your educational videos

[@DriftWorn]

This is a fun little way to trade in between my larger ones when nothing much is occurring although I use 30/70 and set for 10pips. Easy peasy. In and out.

[@AnthonysTradingChannel]

I wanted to let you know that I appreciated your video. Thank you for sharing it.

[@tamaracastleicawfitness313]

Great strategy Jarrod and an excellent insight. 👍 Loved the bonus test at the end. 🎉

[@clarkjr6]

Fantastic content! Keep up the great work

[@Beltrán02-I]

This is probably my top 3 algo trading youtube channels, along with Kevin Davey and Statoasis channel.

[@TheTransparentTrader]

Thanks!

[@stponyt]

statoasis is a gem. will check out KD

[@johnwoolcock9980]

Thank you Jarrod, this video woke me up to a very logical method of setting a stop loss, which I will play around with. I use a very similar play however I find entering the trade after the RSI comes back out of the OB or OS zone a much better entry, again this entry method I developed after watching many of your videos and completing your course. comparing your videos to the younger youtube experts reminds me of the Old Bull Young Bull joke. YB to OB, Lets run over and have our way with a few of those cows. OB to YB, Why not walk and have them all.

[@markhields8203]

First of all thanks for the video Jarrod, very helpful. With regard to the SL at the 200SMA - my question is touches the 200SMA or closes below it?...

[@TheTransparentTrader]

If it touches the 200 SMA.

[@teebone2157]

4 hour works great

[@Mefisto5000]

I think it would be better to test a timed exit strategy, eg after 1 day, or 2 or 3 and so on. Waiting to close the losing position on the 200 day moving average is suicide...

[@markhields8203]

I agree

[@rstgbd2835]

Hi Jarrod, how did you code the bailout exit?

[@TheTransparentTrader]

There's a function in MultiCharts which can retrieve the open profit / loss of a position at a certain time. It's called "openpositionprofit" So I can say if the open position profit > 0 then exit.

[@wiilhoog2805]

Can you do a video about commitment of traders and how to use it please?

[@johngreydanus2033]

What are you? A hedge fund? Do a search, don't be so lazy!