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Alias Born 10/14/2012

Re: None

Monday, 12/29/2014 3:09:49 AM

Monday, December 29, 2014 3:09:49 AM

Post# of 2804248
The key to the RSI strategy - versus the traditional interpretation of RSI, which simply trades overbought or oversold levels - is to first look for a reversal candle, which provides us with a sign of exhaustion before taking the trade. This way, we are prevented from prematurely picking a top or bottom and instead we wait for indicator confirmation.

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