trading stocks term strategy RSI 2

trading stocks term strategy RSI 2 ; We consider the Relative Strength Index (RSI) to be one of the best indicators available. There are a number of books and articles written about RSI, how to use it, and the value it provides in predicting the short-term direction of stock prices. Unfortunately, few, if any, of these claims are backed up by statistical studies. This is very surprising considering how popular RSI is as an indicator and how many traders rely upon it.

Why RSI May Be One of the Best Short-Term Indicators
Most traders use the 14-period RSI, but our studies have shown that statistically, there is no edge going out that far. However, when you shorten the timeframe you start seeing some very impressive results. Our research shows that the most robust and consistent results are obtained by using a 2-period RSI and we have built many successful trading systems that incorporate the 2-period RSI. Read More...

How to Generate Day Trading Signals in a Swing Trading Context
There are a number of approaches we can take to generating day trading signals, and every trader hoping to excel as one of the trading world’s elite should evaluate each of them. Whether scalping, trading sudden news shocks, or using technical analysis, becoming a successful day trader will require you to find a method in keeping with your personality – using your strengths and protecting you from your own weaknesses. Read More...

RSI(2) System – Stock Trading System Fail!
I don’t know if it is just the case of like-minds thinking alike, but I just was over at Dog’s site and found a discussion of using the percentage of stocks on RSI(2) Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today

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