Larry Connors RSI-2 Trading System!!! Surprising Win Rate!!!

ADVANTAGES OF THE 20 SMA WITH RSI FOREX TRADING STRATEGY. this is a trend trading strategy and in a good trending market, will work really well which has the potential to make you a lot of profitable pips.

Sell when RSI has crossed above 70, formed a peak, and then crossed back down through Was this article helpful? A question, can you put an arrow in this indicator? Great source for learning.

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The main difference between the MACD and the RSI is that while the MACD is used to time the trade, the RSI is used to time the momentum. Because, when momentum picks up in a trend, chances are that prices will continue pushing higher over a .

Hi Chris, Quick question on this. I would like to know where the PDF link is? I am not seeing it on the post anywhere. I found the PDF link here: Could re-upload your PDF please? Your Dropbox link doesn't work. ChrisMoody I've gone through a number of strategies here on TV and find all strategies interesting on the approach. After reading comments, it is sad on the number of traders that ask for your specific system. These traders are the largest majority of people who lose money in the markets and will never make it as a trader unless they change their approach to trading.

These same people 'want' to learn without putting in the demo time, reading books, watching videos, etc. Strategy is suggested to be used in combination with other ones. I would use wide stop: In such cases we don't wait for the stop to be hit, we exit immediately on the close of a signaling candle. Hi Edward, I'm new to the site and fairly new to the forex. I've recently become a single mother of 4 who is trying to learn as quickly as I can, but I've hit a few roadblocks.

I've been using the RSI 7 on the 5 minute chart and got phenomenal results last week. This week has been a little different.

Can you tell me of any other indicator that works well with this one that can help weed out the fake signals? Any info would definitely be appreciated. Not all Stochastic crosses are valid for entry though. Use only those that occur below 30 and above Hi Edward, Thank you so much for your quick response and helpful information!

Out of all the thousands of sites out there this is by far the best, keep up the good work! Active traders Poll - share your live experience or read what others have to say.

Forum What is Forex? Who's online There are currently 6 users online. Submitted by Edward Revy on February 28, -