5X5 TRADING STRATEGY (RSI+SMA)

In this video, I explain 5 period SMA (simple moving average) and 5 period RSI (relative strength index) trading strategy.
Using momentum and reversals, trading the RSI and SMA 5x5 strategy takes advantage of momentum in the market for fast profits.
Learn the settings for this trading strategy, the buy and sell signals, along with how to take profits.
The advanced method involves using trading chart patterns and trend lines and that is covered in the video.
If you want to learn how to use the 5x5 trading strategy - watch the video!
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[@tradingjobesch8540]

I actually utilize this but with an 8x8 set up.

[@FrancinaB13]

Great info 👍 thx will give it a try

[@Netpicks1]

Hope you enjoy

[@orikuper4433]

interesting. Thanks!

[@Netpicks1]

Thanks for watching!

[@MPlain]

I'm looking for a trend.
Then i'm looking for price to hit and reject an MA.
and i'm taking it to the last high or low as TP 1 and then deciding from there if it is going to die there or keep going. Volume plus momentum. quite often if it rejects the 50 it will have issues again at the 20 and then the EMA 9 and retracements are normal as it marches along. Eventually it will hit a major S/R level or the trend line and probably die there. Again... volume and momentum. i studied the difference between trend line and major support rejection and breaks for quite a while. There are differences as to what is going on here. Where it rejected from to get here is usually one of them.