Ever wonder what exactly is moving that RSI line up and down? For most, the math and formula's get in the way of understanding what is happening. In this video, anyone can understand the basic idea driving the values of the RSI.
There are a few traps to avoid when using the RSI. Lots of traders are quick to take "Overbought" and "Oversold" at face value, but not us. In this video we'll cover the nuances of how price levels influence RSI levels.
RSI is great as a strength indicator and even better when combined with other methods and indicators. Think of it as highlighting specific points on a chart, or timing "which" bottom or top to trade within the context of a bigger trend. We'll also discuss range shift and divergences in this final video.
The MACD is one of the most powerful indicators because of it’s ability to show both trend and momentum. This video series shows you how the different elements of the MACD work and the best ways to apply them to your trading.
The RSI is a great strength indicator however there are a few common misconceptions behind using it. This video series demystifies the RSI indicator by breaking it down into key components and a visual guide.
The stochastic is a great complimentary indicator for quick entries and exits. This video series will show you the character and application of this fast paced indicator including how to apply it to your trading.
Moving averages are not given the attention they deserve. In this series you’ll learn the distinctions between the moving average (MA), exponential moving average (EMA ) and double exponential moving average (DEMA).
Learn some simple ways to use the heikin-ashi aggregate chart to help gauge momentum, direction and trend. Heikin-ashi is the foundation of the PayDay Cycle strategy. This lesson covers the basics of this powerful chart.