9:07 seeing this makes me so happy, shows me im going in the right path. i only just learnt this 2 weeks i thought let me use trend lines on my rsi, i do trendlines on 1hr. 4hr and daily and boy the amount of pips i catch. allows me to hold onto my trades longer. glad to see someone else doing this
@@MalikTrades because if it provides a short or long signal then if it produces a signal against your trade then it's likely the momentum is starting to work against your initial trade.
I'm currently using i RSI with MA21 and a buy/sell signal indicator (Range Filter on Tradingview). I take trades at the highs or lows. I've made less careless trades, and I staying in trades longer and profits are better.
You were my first master, thanks a lot because I am working today with this video, USDJPY and AUDUSD, it works and I am going to improve my trader learning. Thanks a lot
Never been a fan of the RSI, recently though I've been using it with Renko charts. The RSI seems to be a lot more powerful and accurate and its shaped differently. Good video as always!
I found your channel to be the most valuable channel in this market. Have seen so many videos but no one explained something very simple and effective methods.
I don't like oscillators. And I don't believe in oversold and overbought. Always can go more up or down there is no limit. I think the most powerful indicators are moving averages and bollinger bands. When you combine them with support and resistance you can trade everything. I plan to do a live stream to show you how I do it.
✅ Discover the #1 Asset to Trade like a Professional - thesecretmindset.com/academy/ 🌐 Trade with an Award-Winning True ECN and STP Forex Broker - go.blackbullmarkets.com/visit/?bta=35247&brand=blackbull
Hey bro, i have been following your videos however I made a big mistake which was to wait for trend reversal, I'm looking at ACB which has instance divergences, but nothing seems to be happening to the actual stock. I bought in at 2.92 the current stock is at 1.70 on the tsx. At this point I look at the entire weed sector and they have all been down for a while, could you do a learning video about this, it would really help me understand it, the type of indicators I was using were CCI and RSI
I always used RSI trendlines as reversal signals. This is a fantastic idea! I'm going to back test soon and am excited about it. Thanks for the video and presentation.
YOUR VIDEOS ARE THE BEST. 💯💯 THE RSI SERIES AND THE HIDDEN DIFFERENCE GUIDE ARE UNIQUE. JUST USING THIS RSI CONDITION, I COULD HAVE GREAT RESULTS!🤑🤑 THANK YOU! GOD BLESS YOU
Thank you so much brother! Just wanted to know, can you use the trendline breakout strategy using OBV instead? Because the RSI in some of my stocks do not establish a clear pattern/trendline. Will using OBV in this trendline breakout strategy still be accurate/reliable? Thanks for your time!
Good day great video pls I have a question, when rsi trendline breaks on let’s say the 4 hr timeframe can we enter a trade when price action breaks trendline on 1hr or we should also wait for the 4hr price action. Thanks
If chart analysis is based on past events then yes all are lagging. But I have learned in trading never aim for the early entry or the peak exit. But learn the eb and flow of the Market!
@@ravenmamba6780 how will you know the signals and strategies to use,now this is where an experienced mentor comes in that's part of his duty as you mentor and also to make sure you're always getting profits
I am just wondering if you found any source of indicator for this to save time. trying to find an indicator so that it will be easier across multiple currency pairs. Thank you.
Divergence and RSI trendlines work very well together. I've found that trendline breaks often precede high probability divergence setups. Also, sometimes you could see something that looks like it could be a divergence but hasn't done a trendline break yet. Those often end up being continuations instead of reversals. I feel like RSI trendlines could be the best friend of divergences. They work so well together.
Hi !, May I request you to kindly speak slowly and louder. I am finding it difficult to catch up your fast speaking. Also please can you reduce background music noise. Thanks.
Just to let you know, your arrows, especially around eight minute mark, are way off, at least from where the RSI crossed above it's trend-line for each signal. Now if you meant that's where you entered because you're waiting for a price trend-line break, and maybe that is the case, but you didn't show the price trend lines just the RSI trend-lines. Perhaps a better strategy would use a volatility break out of about three to four bars ATR, such that: Buy above signal bar (High + ATR(3)) x 0.25, stop to open. End. I would never want to buy so late as waiting for the breakout of price trend-line. On virtually every price breakout, RSI would have already experienced a break out. Thus, the signal is likely only a price breakout, with the RSI being redundant. So you may be missing the boat on profitability and lower risk trades, by waiting for the price trend line break out, IMHO. MM
The risk of trading Forex is that if you get the wrong direction, there’s a chance of blowing a big hole in your account without the right strategy, i'm presently trying the *ASH STRATEGY BY ALEKSANDROV* which i recently came across while making some research on GOOGLE and to be honest the result has been awesome it's really suitable with the RSI indicator.
9:07 seeing this makes me so happy, shows me im going in the right path. i only just learnt this 2 weeks i thought let me use trend lines on my rsi, i do trendlines on 1hr. 4hr and daily and boy the amount of pips i catch. allows me to hold onto my trades longer. glad to see someone else doing this
This is GOLD!! With it I can also predict the take profit TOO!! Works best on higher timeframes, H1, 4H and D1.
How does it predict take profit areas?
@@MalikTrades because if it provides a short or long signal then if it produces a signal against your trade then it's likely the momentum is starting to work against your initial trade.
I'm currently using i RSI with MA21 and a buy/sell signal indicator (Range Filter on Tradingview). I take trades at the highs or lows. I've made less careless trades, and I staying in trades longer and profits are better.
I trade on the H4 charts. I realised that the RSI dnt go overbought or oversold on the day charts most times. At least for me, the 4HR works best.
I must have watched this video for atleast 10 times in the last one year of trading. Its a gem. Thanks
👍 Thanks!!
How do place your stop loss and target using this strategy?
Wow, I never thought of drawing a trend line on the RSI :O I'll start using this strategy tomorrow, Thanks man.
Great content this video helped me alot. Love this channel
You were my first master, thanks a lot because I am working today with this video, USDJPY and AUDUSD, it works and I am going to improve my trader learning. Thanks a lot
Never been a fan of the RSI, recently though I've been using it with Renko charts.
The RSI seems to be a lot more powerful and accurate and its shaped differently.
Good video as always!
I also use RSI for renko. Have u tried trendlines and chart patterns on Renko? The view is so clear
@@blkmalepa never really trade trend lines mate. I trade divergence.
This is really amazing! Tried to back test manually on few of the charts. Such a simple though yet powerful.
Very well explained. Used by many people and very reliable strategy :)
This video was pure Gold this week breaking the RSI swing trends... i use the 26 periods with ichimoku standard.
Thanks a lot!
Great video with good practicals tips by a real trader, not just by a "trading teacher". Very complete and well explained! Thank you
Glad you enjoyed it!
OMG, this is one of the best video I've ever watched about RSI, God bless bro.
Thanks a lot!
@@TheSecretMindset Pleasure.
VERY WELL EXPLAINED THE USE OF RSI INDICATOR SPECIALLY DRAWING OF THE TREND LINE ON THE RSI INDICATOR ITSELF. THANKS FOR NICE MENTORING
I found your channel to be the most valuable channel in this market. Have seen so many videos but no one explained something very simple and effective methods.
Wow, thanks!
I don't like oscillators. And I don't believe in oversold and overbought. Always can go more up or down there is no limit. I think the most powerful indicators are moving averages and bollinger bands. When you combine them with support and resistance you can trade everything. I plan to do a live stream to show you how I do it.
Brother we are waiting for your video..
Pra Kir all talk no action.
We are still waiting on the video you promised.
Post that Vid Guru😂😂😂😂
Excellent stuff! Would love a video about divergences, how to trade them ( entries, exits)
Thanks! Very soon!
And hidden divergences, I’m struggling to wrap my head around those
✅ Discover the #1 Asset to Trade like a Professional - thesecretmindset.com/academy/
🌐 Trade with an Award-Winning True ECN and STP Forex Broker - go.blackbullmarkets.com/visit/?bta=35247&brand=blackbull
That was eye opener wow...i will TRY
Hey bro, i have been following your videos however I made a big mistake which was to wait for trend reversal, I'm looking at ACB which has instance divergences, but nothing seems to be happening to the actual stock. I bought in at 2.92 the current stock is at 1.70 on the tsx. At this point I look at the entire weed sector and they have all been down for a while, could you do a learning video about this, it would really help me understand it, the type of indicators I was using were CCI and RSI
I really appreciate your clear presentation style.
Hi sir, can you tell me more about unconventional RSI and how to use it?
Great Video ! :) I use EMA 22 days and MACD for my trades 📈.
Keep up the great work
Watched this like three times just to sink it in thoroughly.
An extremely profound lecture on RSI. Thank you, admin.
Most welcome!👍
now i used this method in stock, to enter before chart pattern breakouts (cnh, hns), works great man..thanks
I always used RSI trendlines as reversal signals. This is a fantastic idea! I'm going to back test soon and am excited about it. Thanks for the video and presentation.
Best of luck!
Excellent vídeo i'm currently using the RSI like this, Value information as always Thanks a lot.
Thank you, too!
Good knowledge and good style to teach with simple way
Thanks you
👍👍
I’m using the line chart and rsi with other confluences.
This is another good video, it's powerfull combining with price action, and multiple time frame
YOUR VIDEOS ARE THE BEST. 💯💯
THE RSI SERIES AND THE HIDDEN DIFFERENCE GUIDE ARE UNIQUE.
JUST USING THIS RSI CONDITION, I COULD HAVE GREAT RESULTS!🤑🤑
THANK YOU! GOD BLESS YOU
Happy to help
Very effective strategy, it really helps a lot , thank you sir.
Thank you, too!
Divergence or Hidden divergence are my favorite uses of the RSI.
👍
I love your videos, thank you for providing this free content!
Thank you, too!
Thk.very much
I'm studying RSI
this is one of your better videos as it very clearly explains the trading strategy :)
Thanks!
Could you please make video on how to select volatile stocks for day trading!!
I love ur way of explanation, thq so much
You are most welcome
Excellent content on RSI trend. I apply this alot. This made alot of things clear.
Excellent
Wow it looks like a great strategy, gonna test it for sure. thanks so much!
I'm out of words. You sir, are, AMAZING
Wow, thank you!
Bro... Really powerful knowledge
Glad to hear that👍
Thank u soo much brother, I've learned too much from this channel and many different thing no one talks about it,,.... keep doing
Thanks a lot!
@@TheSecretMindset love you sir
Great video and precise explanation, thank you brother!
Thanks bro I got some useful information from this video, i am from India
Dude... super informative
I have been using this RSI breakout as an advance indication
Nice lesson, as per usual. A video about vwap trading would be nice also :)
Thank you 😊❤️ your Rsi video you are a great sir.
Thanks a lot!
What is your recommend RSI close period?
I like 21 and 50.
Thank you Sir,
Come to Bali please
👍
Thanks, Regards from Iran
Thank you so much brother! Just wanted to know, can you use the trendline breakout strategy using OBV instead? Because the RSI in some of my stocks do not establish a clear pattern/trendline. Will using OBV in this trendline breakout strategy still be accurate/reliable? Thanks for your time!
It surely has a great potential, because it includes also the volume.
Thank you so much
Any time👍
Tried on my native market. Works great. Thank you, sir!
Thank you, too!
Where do you get it? Download?
@@sengzither82 Download what? A market? :)
Thanks for the effort..
Please can you make a playlist for forex indicators, because I confuse both stock and Forex indicators
Quality content ...Keep it up sir
Thanks a lot!
Crystal clear👍
Thank you so much...great video
Thank you, too!
Good day great video pls I have a question, when rsi trendline breaks on let’s say the 4 hr timeframe can we enter a trade when price action breaks trendline on 1hr or we should also wait for the 4hr price action. Thanks
Go with the higher time frame signal.
sir i have question can draw line price chart buy or selling fallback moment this line
Good knowledge
thank you !!!
we can draw the same line on the candlevhart as well, both diagram are the same so we dont need the RSI, do we?
When you say long term moving average, are you referring to the 50, 100, or 200?
Use the one you prefer (I like the 200 EMA and 55 EMA).
Is this reliable for the money flow index as well?
Great as always! any opinion on ichimoku?
I like the Kumo cloud. I ignore the rest of its components (base line, conversion line etc).
good strategy
Awesome as usual. Can MACD be used same way? Thanks
Yes, the peaks and valleys of MACD histogram are useful for trend lines.
@@TheSecretMindset which is better lead indicator using trend line breakouts?
Hi, am a beginner, How do we approach a trading day, what basis do we filter stocks for the next day's trading
He offers profitable trading guidance
for whats'app
For 15min timeframe? What is the recommended settings? Is it 14 or 9?
14 or even 21
I dont use RSI I use stacastic but I may start using it now. I got soooo much out of it.
great video
👍
Can this technique work with MFI as well?
Excellent stuff
Thanks a lot!
Nice work..
Great information
Thanks!
very nice video, thanks
Thank you, too!
@@TheSecretMindset ive added some emas over the code and played about with the numbers. this has opened up some interesting choices , ty
Whats the best rsi for 3min and 5min timeframe ?
21 or 50
@@TheSecretMindset thanks bro
I like this.
ALL indicators are lagging. Heck, even all charts are lagging. These are all late info compared to what's already happened.
If chart analysis is based on past events then yes all are lagging. But I have learned in trading never aim for the early entry or the peak exit. But learn the eb and flow of the Market!
Dear sir,can I use 21 or 50 period rsi in h4 timeframe?
👍
But You didn't my answer
what is great to have a mentor that been verified by others and have a testimonial or just to do it by my self and keep on learning?
thats what im thingking about man thanks
@@yucee38 I totally agree with you man,.......
But then you can actually do it by yourself but how will you curb your losses?
@@ravenmamba6780 how will you know the signals and strategies to use,now this is where an experienced mentor comes in that's part of his duty as you mentor and also to make sure you're always getting profits
@@ravenmamba6780 Consult joelDayers,
FERRARI IN RED PLEASE
I am just wondering if you found any source of indicator for this to save time. trying to find an indicator so that it will be easier across multiple currency pairs. Thank you.
Not yet
@@TheSecretMindset I have placed ads for someone to develop this because I would prefer to automate the process
Wow. Great!
Divergence + patterns is the best method to trade with RSI
Divergence and RSI trendlines work very well together. I've found that trendline breaks often precede high probability divergence setups. Also, sometimes you could see something that looks like it could be a divergence but hasn't done a trendline break yet. Those often end up being continuations instead of reversals. I feel like RSI trendlines could be the best friend of divergences. They work so well together.
Try BTMM strategy dude
Thanks
Good 👍👍👍
Thank you :)
Thank you, too!
What if i draw trend line on a weekly time frame and take trade when the trend line (drawn on a weekly time frame) is broken on a daily time frame?
If you back test, you will find out! All the best.
*Thank you Teşekkürler*♥
Thank you, too!
@@TheSecretMindset 👍
It's the best method to trade but as day trader results mostly 80 to 120 Pips then price takes turn
Can we use 21 period RSI in 5 min chart for Day Trading
Yes, but be prepared for a higher number of false signals. You must have a higher level of precision on lower time frames.
Contenido en idioma español tenes?
The secret mindset? If you agree give me a hell yea!
RSI 👍
powerfull
👍
I really recommend this guy for all the forex beginners and those who want to improve their trading...This guy is the best and may God grant him🎉.
Hi !, May I request you to kindly speak slowly and louder. I am finding it difficult to catch up your fast speaking. Also please can you reduce background music noise. Thanks.
Im from Germany and i can understand him perfectly.
Slow down the video speed..
Just to let you know, your arrows, especially around eight minute mark, are way off, at least from where the RSI crossed above it's trend-line for each signal. Now if you meant that's where you entered because you're waiting for a price trend-line break, and maybe that is the case, but you didn't show the price trend lines just the RSI trend-lines. Perhaps a better strategy would use a volatility break out of about three to four bars ATR, such that:
Buy above signal bar (High + ATR(3)) x 0.25, stop to open. End. I would never want to buy so late as waiting for the breakout of price trend-line. On virtually every price breakout, RSI would have already experienced a break out. Thus, the signal is likely only a price breakout, with the RSI being redundant. So you may be missing the boat on profitability and lower risk trades, by waiting for the price trend line break out, IMHO. MM
👍
The risk of trading Forex is that if you get the wrong direction, there’s a chance of blowing a big hole in your account without the right strategy, i'm presently trying the *ASH STRATEGY BY ALEKSANDROV* which i recently came across while making some research on GOOGLE and to be honest the result has been awesome it's really suitable with the RSI indicator.
Hey ! Where could we find explanations of this strategy please ? :) thx