One of the strategies that we shared at our workshop is a positional one.
It's BB+RSI. When combined in uncommon ways, Bollinger Bands and the RSI generate subtle but dependable signals.
Best to use in 4 hr chart. Trade duration could be couple of weeks.
It's BB+RSI. When combined in uncommon ways, Bollinger Bands and the RSI generate subtle but dependable signals.
Best to use in 4 hr chart. Trade duration could be couple of weeks.
ATM CE/PE can be bought and carried on once you catch the right trend
The trick is to look for weaknesses in the bulls before going short, or pinpoint areas of weakness in the bears before going long and vice versa
2 ways to combine them to uncover trading opportunities
The trick is to look for weaknesses in the bulls before going short, or pinpoint areas of weakness in the bears before going long and vice versa
2 ways to combine them to uncover trading opportunities
1. Price touches lower BB and RSI < 30 = Buy
Long when the market seems oversold, but not until price has started showing signs of upward reversal. (RSI moves upward, leaving the oversold region.)
Long when the market seems oversold, but not until price has started showing signs of upward reversal. (RSI moves upward, leaving the oversold region.)
2. Price touches upper BB and RSI >70 = Sell
Short when the market seems overbought and when the two indicators have confirmed this. (RSI also moves upward into the overbought region
Strict Stop Loss can be put previous 2-3 candle's high (for short) or low (for long)
Short when the market seems overbought and when the two indicators have confirmed this. (RSI also moves upward into the overbought region
Strict Stop Loss can be put previous 2-3 candle's high (for short) or low (for long)
