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RSI: Relative Strength Index
it is momentum indicator
very important to understand what is momentum indicator, it shows the strength of the trend momentum
so how RSI is an momentum indicator
when RSI is over 80, it shows the price of stock has rallied a lot and a correction will be near soon
but here's the catch
how much correction can never be measured by RSI
and traders who use RSI for trading fall in the trap losing money
when RSI is below 20, it shows downtrend momentum is lost and there will soon be some pull back
and then again how much pull back can never be measured by RSI
always see trend in RSI also, most important is VOLUME
if price is falling with high Volume, RSI doesn't matter
most significant indicators are trend and volume
use indicators like RSI, MACD in collaboration with them, but never take trading decision completely based on them
What else can I help you with?
What is RSI?
Repetitive strain injury (RSI).
What do the initials RSI mean?
RSI stands for, Repetitive Strain Injury.
How many people in the US suffer from RSI?
Carpel tunnel is not the result of RSI
How can RSI be prevented?
RSI stands for repetitive strain injury. RSI can be prevented by using a neutral wrist position when you type, using a gel wrist pad and taking regular breaks from your desk.
What causes RSI of the hands and wrists?
RSI stands for repetitive starin injury. There are various causes of RSI of the hands and wrists such as carrying out repetitive tasks, sustaining awkward positions or the application of force to the hands and wrists. Those who use computers for many hours a day may be at risk of RSI.
What are the dangers of ict's?
Eye strainBack problemsHand strain/RSI (RSI stands for Repetitive Strain Injury)
What is the RSI value of vermiculite?
0.16
What are the dangers of RSI?
go home
RSI?
Repetitive strain injury
Between the rsi and the rxi which car is faster of the line?
Rxi my man bcs it has bigger throttles then the Rsi..And a shorter gear ratio...
What causes RSI and CTS?
chuck norris
Can RSI cause arthritis?
Not likely however people that have arthritis are more likely to suffer from the effect of RSI. The cause for arthritis of nearly any form is not known.
