Support and Resistance Trading Forum

Re: RSI calling for shorts
By:Deadlydoggy
Date: 6/15/2009, 12:41 am
In Response To: Re: RSI calling for shorts (Erich (vendor, CTA))

charts of mkts which ones Erich? i just use standard 14 day rsi. in your article i think you could have gone into extreme high and low readings on the rsi. thats when you really want to go with the trend!!!! usually high readings just keeps on going for weeks... takes awhile to build up the divergences eh! on the 5 mins charts for a day or 2.
just something to think about. readings like 80 or 20 plus each mkt would vary a bit.

i cant post charts.

cheers

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