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Thursday, 08/28/2014 5:06:23 AM

Thursday, August 28, 2014 5:06:23 AM

Post# of 2804248
Compensated Awareness Post View Disclaimer
The RSI roller-coaster is designed to squeeze as much profit as possible out of the turn trade. Instead of immediately closing out a position when it moves from oversold to overbought, the RSI roller-coaster keeps the trader in the market until price shows a sign of exhaustion. Sometimes a strong move will generate multiple consecutive periods of overbought RSI readings, and this setup is specifically intended to catch part of these potentially profitable moves.

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