In this week’s video we stick with the RSI but this time we delve deeper into how to interpret it. We look at certain setups that allow us to gauge the strength of a trend and show us if it’s changing direction. These setups are called bullish and bearish divergences and are one of the more useful features of the RSI. David also takes us through the coming week’s main events and how they’ll impact the Forex market focusing on the EUR/USD pair.
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thenk you
like the vids mat.
nice1 David!
David 👍👏 keep up…
Dave, could you please make us a video about USD/JPY.
Thanks
Hi, Ihab. Your comment has been noted.
Thanks
You should do videos after major data releases like inflation data/unemployment data and analyse the market reaction as to why it went the direction it did!
Hello. Your suggestion is appreciated. Thanks for sharing it.
Very good trading expert
Sir, i want to trade with short time , but i understand which time frame to choose . Please tell me. Thank you.
Hi there, That depends on your preferences. Typically, the bigger the time frame used, the more reliable the signals you receive.
okay. Thank you very much sir.
Boilinger Bands next ? 😩
Hi, Bleek. Thanks for your request.
Grt video…Thanks for all d learning.
Plss tell us various time frames for trading for eg. Scalping,Intraday,Swing,Positional.
Hi. Scalping is very short term, seconds. Intra day is opening a position during the day and closing it before the end of the day. Swing trading is days, maybe a week or so. Position is usually for a few weeks minimum.
Really like your videos very easy to understand keep up the good work👍👌🏼😎
David,
One of the topics that would great to hear you cover is when to pull out of a successful trade, we hear about stop losses and managing risk which is sound advice but very little on the when to pull out a successful trade, what is the analysis done when deciding what price to take profit from the trades.
You make the best videos for learning the market. Thank you!
I’ve just discovered you. You are by far the best online teacher on trading I’ve watched. So clear with just the right amount of Theory and Math. Great work. Thank you!
pleàse share videos on fundamental analysis before news release
What program are you using here?
The trading app is Trading 212. You may want to give it a try for free with virtual money at http://www.trading212.com/en/Open-Practice-Account-GBP.
The problem with divergence seems to be that it can persist for quite some time before the top or bottom occurs. It is not as simple as noticing the divergence and going short or long. The divergence can continue for weeks before the trend does eventually reverse. So all divergence tells me is that the trend may be coming to an end but it doesn’t tell me when.