Super Easy RSI Indicator Strategy For Beginners... (Insane Results!)

  Рет қаралды 295,587

The Trading Channel (The Trading Channel)

The Trading Channel (The Trading Channel)

Күн бұрын

vv
TTC Forex University/EAP Training Program (They are the same program)
www.thetrading...
FREE FULL FOREX BEGINNER COURSE -
Pro Trader Report - protraderrepor...
Free Spreadsheet - FREE course 3 - Part Reversal Series - goo.gl/QKaxzV
vv
What would happen if you traded the RSI Indicator completely backward? You never know until you try it. So, that is exactly what we did in this video. The RSI is a momentum indicator. So, that is how we used it. And the results were not only surprising... But, unexpectedly incredible. I hope you enjoy it!
If you have questions regarding any of the course material above, then email us at support@thetradingchannel.net
-----------------------------------
Full Strategy Videos -
Double Top/Bottom Entry Video - • The ONLY Way To PROFIT...
5 - Wick Rejection Entry Video - • This STRATEGY Is Like ...
CONNECT WITH STEVEN ON SOCIAL MEDIA:
Instagram: / thetradingchannel
/ stevenkiethhart
Facebook: / thetradingchannel.net
-------------------------------------
CLICK HERE TO SUBSCRIBE TO STEVEN'S KZbin CHANNEL NOW:
/ @thetradingchannel
-------------------------------------
Enjoyed this video? Check out more videos about predictive analysis:
The #1 Trend Trading Technique Of All Time:
• His #1 Trend Trading S...
The ULTIMATE Beginners Guide To Reading a Candlestick Chart:
• Candlestick charts: Th...
over 2.4 million views...
How To Identify Powerful Support/Resistance:
• How To Identify Powerf...
Over 839,000 views
The ULTIMATE Beginner's Guide to Price Action Trading:
• Ultimate Beginners Gui...
Predictive Analysis 101 For Beginners:
• Forex: Predictive Anal...
Using Structure to Defeat the Markets:
• Using STRUCTURE To DEF...
Learn to Master Technical Analysis/ Price Action Trading:
• LEARN TO - Master Tech...
Top 2 Best Currency Trading Indicators:
• Forex: Top 2 Best Indi...
*****
In this video, Steven shares what currency pairs you should focus on if you are a beginner in Forex Trading.
-----------------------------------
BIO
Steven Hart -
Steven was recognized as a top 15 Trading educator on KZbin by the very critical feedspot.com.
Link - blog.feedspot.....
He became a self-made professional trader at 20 years old. Today he is the "Honest Trading Coach" to hundreds of thousands of traders around the world.
He is the founder and CEO of The Trading Channel.
For over a decade, Steven has studied the science of trading and psychology. This combination allows him to not only be an incredible trader, but a very understandable teacher as well.
He has developed numerous rules-based trading systems and strategies that are used by top traders around the world.
Today, Steven is on a mission to help 1,000 traders become independently profitable over the next 12 months. Will you be one of them?
----------------
JOIN US IN OUR LATEST FREE TRAINING:
Link - thetradingchan...
-----------------------------------
OTHER LINKS:
Intro music provided by - / thisisth. .
Song link - www.youtube.co....
Outro music provided by - TULE - Fearless pt.II (feat. Chris Linton) [NCS Release]
Song link - • Lost Sky - Fearless pt...
#supportandresistance#fx#forex

Пікірлер: 659
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey TTC fam, this is Shelby, Steven's assistant. I wanted to comment because I have become aware via Instagram DMs that numerous people are getting scammed by a Telegram, What's App, or Instagram account. I am sorry this has happened to some already as I have mentioned in the YT comments before, but Steven himself or The Trading Channel DOES NOT have a Telegram or What's App account. Also, our official Instagram is @thetradingchannel ! If another account besides that one messaged you it is NOT Steven... even if their profile picture is of him it is a SCAM as well. I felt this was important to let everyone know. Enjoy the video and have a great day! regards, Shelby @ TTC Support
@Tirips2001
@Tirips2001 3 жыл бұрын
Please fix the thumbnail typo.
@emmanuelluke6251
@emmanuelluke6251 3 жыл бұрын
What time frame does this strategy work on?
@calenlinson1613
@calenlinson1613 3 жыл бұрын
The instagram account thing is confusing... the names are identical.. just little character changes.. hard to tell what's real and what's not... haven't followed either of them because of it..
@poppy789987
@poppy789987 3 жыл бұрын
Did you use a EMA or SMA on this strategy? Thanks Steve
@lyricallyfly
@lyricallyfly 2 жыл бұрын
Do you guys give free or paid for signals to people because am interested
@Ruoall
@Ruoall 3 жыл бұрын
I have to say... among all the crap online, Stephen is the BOSS!! Honest. Transparent. No Lamborghinis to brag about. Just pure gold!!
@spacewalktraveller1
@spacewalktraveller1 2 жыл бұрын
I've been using this strategy for a few months. I found that setting my my RSI levels on 60 and 40 gives me a better entry point instead of 70 and 30.
@stevenknb3439
@stevenknb3439 2 жыл бұрын
And length in 14? Or 10?
@richardfisher4202
@richardfisher4202 3 жыл бұрын
Once again, the MASTER TRADER & MASTER INSTRUCTOR combines to kill all the competition! Steven is totally brilliant at taking the veil from our eyes and giving us total CLARITY!
@mwiederrecht
@mwiederrecht 3 жыл бұрын
Thanks!
@davidwatts8528
@davidwatts8528 4 жыл бұрын
This is powerfull!!! I have backtested it over the weekend and it surely is what I needed. Already did 50 tests and I stand on 60% success. Granted, if I concentrated more, the success rate could have been higher. Thanks Steven..... Some one is copying your company name and logo if you look under my previous comment. I cant stand people who are crooked and scamming others hard work
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey, this is Shelby, Steven's assistant. Yes, THANK YOU for realizing it was a FAKE account. Apparently most people cannot tell even though it has no subscribers or videos.... We have reported the account to YT but they do not know how to take fast action and delete it. regards, Shelby @ TTC Support
@klauskinski9296
@klauskinski9296 4 жыл бұрын
Doing like this for 1 year, added the AO to check alignment, multiple crosses 30 or 70 line I add to my position and move the initial SL, works out pretty good. Keep your videos comin bro!
@mking9917
@mking9917 2 жыл бұрын
This is now my 5th video in a row from you and I can honestly say that I have learned more here in the past 2 hours that I have in the past year trading. THANK YOU is not enough, this is life changing.
@Stephiehm27
@Stephiehm27 2 жыл бұрын
I wish I had discovered your channel earlier before trading based on emotions and without a clear strategy... hope that this will help me to build up again my confidence and my account. Like you say - testing, and having my strategy in place, managing my risks are sooo important!! Thanks a ton for sharing your wisdom and experience so clearly!!
@brettthomas2026
@brettthomas2026 3 жыл бұрын
Great strategy! I use a 2 period RSI on a 15 min chart, with overbought indicator set to 90 and oversold to 10. Heikin Ashi candles and EMA 200 defines the trend. Works especially well on forex pairs around the opening of the European session and the US stock indices (US30 and Nasdeq 100) during the Asian session when moves aren't so volatile.
@jeromechan3003
@jeromechan3003 3 жыл бұрын
What is the reason to setup up @ 90/10 instead of 70/30? I m new to forex so I m curious. Thank you for your time
@THE24KARATS
@THE24KARATS 3 жыл бұрын
Can you explain this strategy to me in simple words I will be very thankful to you
@86753091974
@86753091974 2 жыл бұрын
@@jeromechan3003 it has to do with his rsi 2 setting.
@wavyzae6494
@wavyzae6494 2 жыл бұрын
@@jeromechan3003 you still need help ?
@tonyestvlog8502
@tonyestvlog8502 2 жыл бұрын
Dude you’re a hell of a teacher man. Once I’ve got some extra funds coming in I’m signing up to your course sir. Can’t wait!
@68RedDragonz
@68RedDragonz 3 жыл бұрын
very true, even as a beginner I understand one has to understand what the indicator is designed to tell you. Myself, I use 80/20 on the RSI and look at going into oversold (below 20) and then crossing back up above 20 as part of a buy signal. Going into overbought (above 80) and then crossing back below as a sell.
@mb5704
@mb5704 2 жыл бұрын
I like that! where are your stop loss & target then?
@mb5704
@mb5704 2 жыл бұрын
could you combine both strategy's by shorting when oversold (below 30)- cover when below 20 and crossing back up above 20 as part of a buy signal?
@AfricanApples
@AfricanApples 2 жыл бұрын
I just wanted to say...I've been trying to get information on trading and options for quite a while only to find out how little people are willing to share. Unless you are willing to pay a ridiculous fee!!! Your a God sent....#Respect
@rany7742
@rany7742 4 жыл бұрын
Thank you very much Steven for guiding me in this journey. I have completed the EAP Course and I'm so glad that I took the course. I love all the contents from the very beginning until the end that are so well presented and comprehensive. I highly recommend this course.
@hyphen5997
@hyphen5997 4 жыл бұрын
Sadly I Dont Have The Money
@ivanlovric1197
@ivanlovric1197 4 жыл бұрын
@@hyphen5997 :(
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. Also thank you for supporting our YT channel and glad you enjoy the EAP training program! regards, Shelby @ TTC Support
@congojoseph4094
@congojoseph4094 2 жыл бұрын
How do I take the course
@gamingtube9647
@gamingtube9647 3 жыл бұрын
Just recently i have taken EAP training program, within a week i already got back what i paid for this , this training have literally taken my trading to a whole new level . thank you
@parishperfectlife
@parishperfectlife 29 күн бұрын
This is great and makes sense if you follow the channel. You want to see divergence in the RSI which in itself is what you are wanting to enter this trade. Grabbing a position as the currency goes into the "over" position then you are grabbing a little while you wait to get the divergence which is essentially lower lows or higher highs while the RSI goes the opposite direction giving you your small profits before going into your reversal trade. This is a great strategy!! Thank you for all your tools and knowledge sharing!!
@jasonacyeo
@jasonacyeo 2 жыл бұрын
Thanks for sharing the idea about RSI use in over sold & over bought levels. Statistically speaking, 65% of winning rate is still considered fairly even as it will even out if you tested it out over a longer period. My take is that when RSI has reached an oversold or over bought levels, it means that you are blind sighted if you try to rely on It as signal. It can go either way. I would suggest to go to a higher time frame to see if there are rooms for further movement. If RSI on H1 time frame has reached over sold or over bought levels, go to a higher level such as H4 to see if it is also at similar level. I am quite certain that in most of your profitable cases, the RSI in higher time frame has room to grow further. Therefore, your idea of disregarding RSI at oversold or over bought levels carries 50% of risk. This is just my view of interpreting RSI at these extreme levels. Hope this helps.
@cosmicstar0908
@cosmicstar0908 4 жыл бұрын
this is giving me so much gains. traded this strategy in GU and it's lit! currently up and waiting to hit my target! thanks for another wonderful video!
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@cosmicstar0908
@cosmicstar0908 4 жыл бұрын
@@thetradingchannel Noted on this Shelby. Thank you.
@GtZkInGz01
@GtZkInGz01 3 жыл бұрын
Does it still work ?
@818Luxx
@818Luxx 3 жыл бұрын
He is DEFINITELY the 🐐 for this 🔥🔥🔥
@thaboedward4062
@thaboedward4062 2 ай бұрын
I am still a learner but what stephen is doing a great job.His presentation and explanation is top class.🙏🇿🇦✌️
@frankg634
@frankg634 3 жыл бұрын
Hi...been testing this strategy for a few days. For me I found the 70/30 levels were very late on really good moves. So I now use 45/55 as my OB/OS levels...much better results...I also use 200ema as my baseline...above 200 only buy....below 200 only sell...
@poohbear493
@poohbear493 2 жыл бұрын
how was your trading now?
@synners7370
@synners7370 4 жыл бұрын
I have always just used it as a trend indicator that doubles up to show divergence. Drawing a trendline on RSI is a great entry confirmation as well
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@synners7370
@synners7370 4 жыл бұрын
@@thetradingchannel all good I knew it was. I never go off anything in comments regarding contacting people.
@temirraellis4304
@temirraellis4304 3 жыл бұрын
@Paul Wain what do you use as your settings for divergence
@synners7370
@synners7370 3 жыл бұрын
@@temirraellis4304 standard are fine. It depends on the timeframe. Like 15min candles with 14 period RSI works fine just be sure to wait for it to do the 123. 1 - break structure, 2 - retest that structure, 3 - give the candle showing the movement out of the retest.
@temirraellis4304
@temirraellis4304 3 жыл бұрын
@@synners7370 great advice. Thank you for this information
@marcusearoffiction
@marcusearoffiction 3 жыл бұрын
Tried it with another rsi 14 for additional confirmation plus all that u said got me up 68% win rate for a week. Thanks
@calenlinson1613
@calenlinson1613 3 жыл бұрын
nice... something i haven't learned yet was the RSI... always see comments on webull about "ohhhh rsi is _____ totes a reversal coming." and then ... the reversal never comes.. haha.. figured i'd learn RSI and what potentials there are with it.... again... I've been watching basically everything you put out over the last week and a half and i appreciate it very much... trading with confidence.. although i can't shortsell on my account since i'm a small fish... i have been playing with the paper trading account and using different strategies.. was able to gain 1000 off of yesterdays trade day... (papertrade) my own personal account i'm only up like... 25-40 bucks here and there off of a 500 account... alot of people want to get rich and have no idea what they're doing other than buying the hype... i, wanna learn the ins and outs of this entire market and make something out of it over time.... i'm sure by now you're like dam this is a long ass comment... well it is.. and.. in short THANKS FOR PUTTING IN THE TIME AND EFFORT
@jackievanorman9679
@jackievanorman9679 4 жыл бұрын
Another terrific potential strategy to backtest, thank you Steven. Love your thoughts and ideas.
@Infinitelight8888
@Infinitelight8888 4 жыл бұрын
Great strategy, definitely will backtest it. @14:28 where you have the red, I also see a RSI divergence which tells me if there’s an overbought or oversold but RSI divergence not to take the trade. But I’ll set my rules after testing. Thanks dude.
@Reallestlife
@Reallestlife 2 жыл бұрын
Fr this has always been my best channel,thanks a lot Steve♥️
@237entertaimentonline7
@237entertaimentonline7 3 жыл бұрын
So much knowledge shared in just half an hour!!! Awesome!
@delilahpepe5148
@delilahpepe5148 4 жыл бұрын
Yes!!!!! it is very informative 👍👍You did another great video that add my knowledge. Like the new hairdo 😊😊
@pankimi
@pankimi 2 жыл бұрын
Great, i always enjoy your strategy, and do watch you video.
@gholamhosseingorgin4799
@gholamhosseingorgin4799 2 жыл бұрын
Thank you dude for be so unselfish and wanting others to succeed!
@FaustoFX
@FaustoFX 4 жыл бұрын
nice strategy...i noticed that too in the rsi...i always wait for an higher high in the rsi as well to counter trend...but i woudn't dare to do what you did mate! maybe in the future as i learn more...cheers
@FaustoFX
@FaustoFX 4 жыл бұрын
i've seen the one you lost were changing structure on the rsi as well...min 14:14 was an higher high on the rsi
@jeremiah1572
@jeremiah1572 3 жыл бұрын
Your best best teacher I’ve run across so far lots of breaking down and involvement with your viewers to help us better understand thanks for that.
@dbcaquatics
@dbcaquatics 4 жыл бұрын
Hey Steven, I did some back testing with the OB being 66 and OS being 33 and RSI being 10 on 15 min time frame and coming out with better results with 20 EMA. Just observation you may want to try it. Thank you for so many informational videos you have personally helped me a ton in my Forex journey!
@mcmstar19
@mcmstar19 4 жыл бұрын
Which pairs or indices are the best and what is your Risk Reward ratio?
@dbcaquatics
@dbcaquatics 4 жыл бұрын
@@mcmstar19 stick to the major currencies and I used R/R 1:1.4
@johncaughey7516
@johncaughey7516 4 жыл бұрын
Hey, what do you mean by os? what does it mean?:) is it the lower and upper rsi lines that ur referring to?
@dbcaquatics
@dbcaquatics 4 жыл бұрын
@@johncaughey7516 Yes referring to RSI upper and lower line Over Sold and Over Bought
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@peter-davidvanderstraat5991
@peter-davidvanderstraat5991 3 жыл бұрын
This is my top 3 most helpful videos EVER on KZbin.. thank you Steven and the TTC team..
@karlobobinac263
@karlobobinac263 2 жыл бұрын
what are the other 2?
@RickGoldtrader
@RickGoldtrader 4 жыл бұрын
Bro your my god from now, i love you never stop posting these videos i follow all your videos and your strategies are working well for me 👍
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@thetradingchannel
@thetradingchannel 4 жыл бұрын
@@RickGoldtrader Hey please refer to the comment I just sent you. That person was a FAKE yt account pretending to be Steven/The Trading Channel. If you would have clicked the profile you would have seen they had no videos or subscribers. It was a SCAM Steven/ The Trading Channel DOES NOT have a telegram or a whats app account. I hope you were not scammed out of any money ! We have already had a few people email us to say they were scammed $500 or $1000. Have a great day! regards, Shelby @ TTC Support
@RickGoldtrader
@RickGoldtrader 4 жыл бұрын
@@thetradingchannel ohh thanks for letting me know i figured it was fake and didn't contact them, I truly appreciate you letting us know the details Shelby 😀
@mmaprophecies
@mmaprophecies 3 жыл бұрын
Dude you’re a G! I’ve been learning and becoming profitable because of your instruction! 😎
@emilyrhanks
@emilyrhanks 4 жыл бұрын
You are truly the best teacher and guide to forex! I’ll be signing up for your course ASAP! So excited!!!
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. Also for all trading related questions, you can email our support team at support@thetradingchannel.net regards, Shelby @ TTC Support
@emilyrhanks
@emilyrhanks 4 жыл бұрын
@@thetradingchannel I had a feeling something wasn’t right with those earlier comments lol! Thanks for reaching out Shelby!
@blainewaylen2796
@blainewaylen2796 4 жыл бұрын
I been using RSI 2 using ATR for setting stop loss and profit target. Stock must be trending at 2 o clock on charts. Success rate of 70%
@blainewaylen2796
@blainewaylen2796 2 жыл бұрын
I also use the RSI 2 crossing up the 50 level from the 20 level , also the weekly chart RSI 14 must be above 58. What level do you use to trigger the trade?
@oscarcarrionartavia7845
@oscarcarrionartavia7845 3 жыл бұрын
I have back tested this strategy in the last 90 days (15m chart) on the GBPUSD pair and I'm getting a 66.6% success for 1:1.5 RR which is pretty amazing!!
@Pyromotive
@Pyromotive 3 жыл бұрын
God i get so fucking hyped every time that intro comes in hahahaha
@albertteculreal5671
@albertteculreal5671 3 жыл бұрын
Great content once again!! Been following you for a while now and it’s amazing how simple you make it look. Analysis, common sense and discipline! Awesome!!
@Mo_dric19
@Mo_dric19 4 жыл бұрын
Really great strategy! I got really high numbers when becktesting multiple currencies. EURAUD is the best with 76% winrate so far. Edit: I forgot to mention that my backtesting was with a RR of 2!
@ivanlovric1197
@ivanlovric1197 4 жыл бұрын
Hard to brlieve. Which Time Frame?
@Mo_dric19
@Mo_dric19 4 жыл бұрын
@@ivanlovric1197 1H. It doesn't work on all pairs and on all timefrimes, but i'm still backtesting it on pairs. You don't have to believe me, you can backtest is yourself with EURAUD or EURJPY (60%). I tested all of them with a RR of 2. Of course I tested it with just 50 trades over a period of +- 6 months. When I backtested all the pairs I will do 50 more trades on the pairs which gave me 55%+ winrate.
@ivanlovric1197
@ivanlovric1197 4 жыл бұрын
@@Mo_dric19 a okay coll thank you Did you use 5 pips stop loss under the low of the candle like in the video I tested it on GBPUSD :D
@Mo_dric19
@Mo_dric19 4 жыл бұрын
@@ivanlovric1197 What was your result on GBPUSD? I did use couple of pips, but nog a fixed one. What I noticed is that when price is not heading your direction, chances are little that it will come close to your SL and then turn around to hit your target. So untill now in my backtesting, it doesn't matter whether you put your SL 5 or 10 pips above your entry cause if i'm right then it will head to target and it doesn't come very close to my SL (sometimes it takes some time when it goes sideways). But if i'm wrong then it will hit my SL of course, wheter 5 or 10 pips away from my entry. Hope you understand what I mean.
@ivanlovric1197
@ivanlovric1197 4 жыл бұрын
@@Mo_dric19 i got like a 40% winrate with 1.3 RR Ye i understand what you mean i noticed that aswell :D. I try to backtest it with 1ATR and higher Timeframe confrimation
@Kevin-ru1lc
@Kevin-ru1lc Жыл бұрын
Your video is GOD'S WORK! i will always dedicate my time to watching from your channel wish you good luck and health wealth fulfilling life. 🤑🤩😍
@bitcointradingmentorship
@bitcointradingmentorship 4 жыл бұрын
Brilliant! Thank you. I've tested this on a few charts and it is absolutely true! I'll definitely be using this in my trading strategy! Remember to set the period to 10! 😂 You see, I watched the whole video! This video is going in to my favourites playlist - I'm sure I'll refer back to it over and over!
@Bhoomy98
@Bhoomy98 4 жыл бұрын
I backtested by pinescript oanda:GBPUSD with 1.7 ATR SL and 1 RR from 2/9/20 to 1/4/21 1hr chart (same as showed on the video) and I had 58.6% win rate.
@dixmnd4754
@dixmnd4754 4 жыл бұрын
Please can you help me with a forex live account??
@Blackbeard1987
@Blackbeard1987 4 жыл бұрын
@@Bhoomy98 Would you like share your pinescript on TradingView?
@2-meter
@2-meter 4 жыл бұрын
Back tested this on EURUSD for 3 months: exactly 50-50. Not a good strategy in my opinion.
@tareqsawalmeh6393
@tareqsawalmeh6393 3 жыл бұрын
@@2-meter eurusd doesn’t trend a lot, that’s why
@sanjaeholloway7906
@sanjaeholloway7906 4 жыл бұрын
Tested On gold with RSI (7) and it works great for scalping
@TRD.Mohammed
@TRD.Mohammed 3 жыл бұрын
thanks mate .. But what would be the results if the RSI is 10 ?
@mrjameswarejr
@mrjameswarejr 4 жыл бұрын
Definitely gave me a better insight to the RSI movements for pullbacks!!
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. Also for all trading related questions, you can email our support team at support@thetradingchannel.net regards, Shelby @ TTC Support
@deejayja-meslester9831
@deejayja-meslester9831 4 жыл бұрын
Very informative., Doing the backtest
@EatSleepYouTubeChannel
@EatSleepYouTubeChannel 4 жыл бұрын
Currently testing this on a tradingview demo account and profits definitely outweigh the losses!
@ProgressiveEconomicsSupporter
@ProgressiveEconomicsSupporter 4 жыл бұрын
Thank you so much for enhancing my opinion about RSI! So long time I was supicious of the broadly spread use, I almost abandoned RSI completely 😑
@trektrader9328
@trektrader9328 4 жыл бұрын
When markets reach the extreme of the RSI, Usually there is a smaller pull back to either structure or an EMA (20). Then a further push to a greater push in price but lower RSI creating divergence
@michaelcozzitortoiii5350
@michaelcozzitortoiii5350 4 жыл бұрын
You’re the man Steven.
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@The_Life_of_KingT
@The_Life_of_KingT Жыл бұрын
I never used my rsi for anything else but a momentum indicator. I solely use it for that reason.. it does work well, when used with other indicators.
@danger9003
@danger9003 Жыл бұрын
Great way to look at this indicator. I found out that it works really well on trending markets, so I would recommend to not use this as often on choppy or ranged periods. Great video as always 🔥
@pyw2025_dream
@pyw2025_dream 4 жыл бұрын
A totally new way to see and use RSI. Thank you for this strategy!
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@fitless
@fitless 3 жыл бұрын
Stop at 10:22 it is clearly seen that the previous short entry would have been a loss. The long before that would have been a loss, too. And probably the short entry (at around 12) before that long position would have been breakeven or loss. Just in case you think it is magic.
@just.do.something
@just.do.something 2 жыл бұрын
Really appreciate your channel. I'd be curious to hear your thoughts on using two factors. 1. RSI and 2. Patience...with no stop/loss placed. Waiting for a point where the RSI hits oversold/overbought along with some confluence measures, and then just sitting tight and being patient till the things turn around. Of course, if there is a crash of some sort, this would be not good. If you have time, would love your feedback. Thanks.
@justasjustinas7374
@justasjustinas7374 3 жыл бұрын
I will most definately give it a go! This will be my first real strategy lol. Just started trading forex a week ago and I've learned soooo much from your videos. Keep it going Steven, you're the man!
@Dr.Maurice
@Dr.Maurice Жыл бұрын
Add fib levels for pullback..... perfect trading setup 🔥
@davewebster160
@davewebster160 3 жыл бұрын
I love this. I don’t understand it but I feel it’s valuable and some day I’ll come back to this liked video and understand it better
@souravkamboj3304
@souravkamboj3304 3 жыл бұрын
same thing my side
@haraldkamrec5561
@haraldkamrec5561 4 жыл бұрын
Hi steve. Bravo and thanx for this wonderful simple and logic strategy useful in any timeframe starting hourly. I'm back testing now and am stunned of its results....pretty good results...regardless of which asset as long as volatility is ruling it. Thanx a lot .... y cool guy!!!
@Max-ed5rv
@Max-ed5rv 4 жыл бұрын
Thank you so much for this strategy 🥰, it works really well. Thanks for your videos they are really great🔥✊🏿.
@dixmnd4754
@dixmnd4754 4 жыл бұрын
Please can you help me with a forex live account??
@magisti_rsa
@magisti_rsa 4 жыл бұрын
Time frame?
@RahulPatel-mi2yd
@RahulPatel-mi2yd 3 жыл бұрын
Working Fine i used 20 MA & 200 MA for Strong Support & Resistance.
@mikhailasanovic
@mikhailasanovic 3 жыл бұрын
Loving the misspelling in the thumbnail of this video
@Firaga87
@Firaga87 3 жыл бұрын
🤣🤣🤣🤣 change the RSI to 10 day length before you leave....thanks for this video and I’m glad I stayed through the whole thing, I was gonna leave because I thought it was gonna confuse me, but it’s helpful! ❤️
@tempemail5337
@tempemail5337 3 жыл бұрын
RSI 10 is what I’ve discovered that works better especially 5 min charts I trade. Also watching 40-50-60 levels price and volume
@Firaga87
@Firaga87 3 жыл бұрын
@@tempemail5337 really I didn’t think it was effective, I will keep trying, thanks for the tip on the time chart
@Firaga87
@Firaga87 3 жыл бұрын
What do you mean 40-50-60 volume though, I’m stupid
@KinkyJalepeno
@KinkyJalepeno 4 жыл бұрын
I just set this up to forward test on demo - looks very interesting so thankyou for your efforts.
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@mrgreenau6756
@mrgreenau6756 3 жыл бұрын
This method change my mind for ever
@bujesmith
@bujesmith 4 жыл бұрын
Great video. I watches like 30 od your videos for now, awesome trading channel
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@joettaqueen-ellenwood7711
@joettaqueen-ellenwood7711 3 жыл бұрын
Will be back testing this and watching more videos. Have already shared. :-) Thanks, Steven!
@ibangha5809
@ibangha5809 3 жыл бұрын
Your video is my constitutional guide now.thanks Steve may your ideas and blessing never run dry
@cathmullins6160
@cathmullins6160 4 жыл бұрын
Thanks Steven for all you knowledge, now it's the weekend I shall get backtesting this strategy as my homework :-)
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@cathmullins6160
@cathmullins6160 4 жыл бұрын
Thanks Shelby. I did think it was a strange reply.🙈🤣🙌
@maystephens1716
@maystephens1716 3 жыл бұрын
Thank you to the very wonderful video! The dude, keep doing your work!
@xkhanz777
@xkhanz777 4 жыл бұрын
As a beginner in the Forex industry I hate to see all these you tubers make videos on strategies and say this works best and this is how to do it and what not etc, it just overwhelms me and I don’t even know what’s right anymore. This video is a prime example, I don’t even know anymore.
@manojsinaitalauliker9712
@manojsinaitalauliker9712 4 жыл бұрын
Subjectively nice. A new effectively powerful way of trading wrt RSI. Thank you thank you.
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@malaknawabali7280
@malaknawabali7280 3 жыл бұрын
An epic and honest approach to make us a successful traders.. thankyou bro...🥰🥰🥰
@mayacho4910
@mayacho4910 2 жыл бұрын
My strategy is; buy quality companies, expect to hold no matter what, pay up but don’t over pay, keep track, sell rarely, be ready to course correct
@theresagarcia1218
@theresagarcia1218 2 жыл бұрын
A lot of people think they should always be buying and selling something. That's a mistake. 99% of successful investing is waiting, learning and getting extremely lucky with the market.
@Goldenxo90
@Goldenxo90 3 жыл бұрын
Mind blowing! We’ve been using rsi wrong all along
@jurlstags3876
@jurlstags3876 3 жыл бұрын
A big help for a beginner like me
@mrconfidential638
@mrconfidential638 4 жыл бұрын
Awesome video. Thank you for your hard work. 🍻
@bodhisoha
@bodhisoha Жыл бұрын
This works better if you use the 50 line as bullish/bearish momentum. Anything about 50 is bullish momentum and anything below 50 is bearish. Also if you use divergence and plot a higher time frame on the RSI and use the crosses, that is good sign for a reversal. So the RSI can be used both for trend following and reversal if you read it correctly and you use higher time frames. When it is used as confirmation with leading indicators such as S/R levels and SMC etc it is very powerful and you can increase winning rate to 80%.
@LNhp1mz
@LNhp1mz 3 жыл бұрын
Gee, this was very easy strategy. Thank you so much!!
@hieveryone3665
@hieveryone3665 4 жыл бұрын
AWESOME, LOVE YOUR VIDEOS. KEEP UP THE GOOD WORK!!!
@thetradingchannel
@thetradingchannel 4 жыл бұрын
Hey this is Shelby, Steven's assistant. Just wanted to let you know that we DO NOT have a telegram account so ignore that comment you received the other day from a SCAM account. I deleted it. regards, Shelby @ TTC Support
@mick014
@mick014 4 жыл бұрын
Love the concept of this nice work. Did a few back test at 2:1 seems ok. GBP pairs seem best, add it with a volume indicator too.
@johncaughey7516
@johncaughey7516 4 жыл бұрын
hey bro, what volume indicator would u say is best on trading view
@Takis74Greece
@Takis74Greece 3 жыл бұрын
The secret to trading is keep on trading and analyse your mistakes not your wins.
@locshine_t
@locshine_t 3 жыл бұрын
Wow, you are a legend! this actually make sense! thanks a lot
@mdfzlypalypopai6226
@mdfzlypalypopai6226 3 жыл бұрын
i dont know about trading..ex chart pattern ,candle,pips ,snr, etc. just only learning divergence AO+RSI> wide and tight so marking supply on demand zone,.. scapl shortly then percentage trade< win 80 and loss 20. really work RSI. Hopefully can learn more advantage technique.
@sahilgarg94
@sahilgarg94 4 жыл бұрын
Basically RSI follows newton's first law
@kumarrajesh555
@kumarrajesh555 3 жыл бұрын
True😅😅😅
@goddamabr5321
@goddamabr5321 2 жыл бұрын
Except he’s using it in reverse. (What goes up must go even higher lol)
@JohnDoe-kx1yt
@JohnDoe-kx1yt 3 жыл бұрын
bro you are the khabib nurmagomedov of the trading game. much respect to you sir.
@desychandra950
@desychandra950 3 жыл бұрын
Love from Bali Indonesia
@Flawsoffme
@Flawsoffme 3 жыл бұрын
You're the best Steven! Thank you.
@tristinaallen1146
@tristinaallen1146 4 жыл бұрын
adding this to my trading plan thank you so much
@flagboyjack4854
@flagboyjack4854 2 жыл бұрын
Your Content is unique.
@bulldogbrett747
@bulldogbrett747 2 жыл бұрын
You are the man .. Thanking you sincerely for sharing your knowledge , I am absolutely loving your videos .. I am slowing building my own trading strategy basing it a lot on the advice I learn from the The Trading Channel - i trade stocks though !
@mariadomaoal4341
@mariadomaoal4341 3 жыл бұрын
this is so helpful!,,,.so clear explanation
@justinschmidt2901
@justinschmidt2901 3 жыл бұрын
It’s crazy how click baity your titles are but the content is insanely amazing
@azizbendich7595
@azizbendich7595 4 жыл бұрын
Thank you Mr Steven you are the best
@rajeshkura6452
@rajeshkura6452 3 жыл бұрын
Thank you very much Steven😊👌
@santosfrancescabrini4020
@santosfrancescabrini4020 3 жыл бұрын
This is such an informative tutorial about trading, I hope I am able to apply this in my trading.
@covenant8593
@covenant8593 Жыл бұрын
Decent little strat for shorts. We can call it "just the tip"
@rubiiax3749
@rubiiax3749 3 жыл бұрын
You are amazing! Great teacher!
@cakraadhiningrat1630
@cakraadhiningrat1630 4 жыл бұрын
Thank you this is helpful!
@cakraadhiningrat1630
@cakraadhiningrat1630 4 жыл бұрын
@@jennywilliams3203 Yeah since 2016 or 17 I don't really recall it but yeah this is actually helpful if I don't greedy and just taking 10% of each trade. And I just try to implement this in my own way. And yeah, hopefully, see a good result in the next 6 months... And I do still learning though so it's helpful to get new knowledge. I really do appreciate content with knowledge!
@ajozaki8337
@ajozaki8337 2 жыл бұрын
Well, I have to say, I watched this video this morning, and figured I am going to test it out, and just my luck, there was this big drop in the EURUSD Market, and I must say, it helped me make a nice profit, thnx for the tip
Forex Leverage: 90% Of Beginners Make This Mistake When Trading With Margin...
15:16
The Trading Channel (The Trading Channel)
Рет қаралды 349 М.
The ONLY RSI Trading Strategy That PERFECTLY Times Market Reversals...
21:25
The Trading Channel (The Trading Channel)
Рет қаралды 205 М.
“Don’t stop the chances.”
00:44
ISSEI / いっせい
Рет қаралды 62 МЛН
My scorpion was taken away from me 😢
00:55
TyphoonFast 5
Рет қаралды 2,7 МЛН
Что-что Мурсдей говорит? 💭 #симбочка #симба #мурсдей
00:19
A RSI Divergence STRATEGY (That Actually Works...)
21:54
The Trading Channel (The Trading Channel)
Рет қаралды 369 М.
The Only RSI Indicator Trading Video You Will Ever Need... (Beginners Guide)
42:47
The Trading Channel (The Trading Channel)
Рет қаралды 348 М.
You are Using the RSI Indicator WRONG! (RSI Trading Strategy Secrets REVEALED)
19:08
This is The Trading Strategy The Top 5% Use... (and it makes trading way too easy!)
25:25
The Trading Channel (The Trading Channel)
Рет қаралды 975 М.
Pullback Trading Was Hard, Until I Discovered This One Simple Strategy That Changed Everything…
18:57
The Trading Channel (The Trading Channel)
Рет қаралды 108 М.
Price Action Trading Was Hard, Until I Discovered This Easy 3-Step Trick...
23:08
The Trading Channel (The Trading Channel)
Рет қаралды 2,1 МЛН
This IS WHY Most BEGINNERS Lose Their ACCOUNTS (What Is Leverage?)
24:32
The Trading Channel (The Trading Channel)
Рет қаралды 1,4 МЛН
Price Action Entries For Beginner and Struggling Traders (That Actually Work)
24:16
The Trading Channel (The Trading Channel)
Рет қаралды 226 М.
Best RSI Indicator Trading Strategy - Wysetrade Method
44:00
Wysetrade
Рет қаралды 2,9 МЛН
“Don’t stop the chances.”
00:44
ISSEI / いっせい
Рет қаралды 62 МЛН