ETF SWING & DAY TRADING

[Torqputty]

RSI(5) is the best tool

the best to trade the Q's, and simple,
if you annotate back the last 12 months you'll see that
when rsi(5) breaks, its a sure bet that it will meet the mid bollingers,
long or short, mid bollingers is the minimum target,

in addition, you'll see that it can double dip below 30 or double top above 70,

here is an example trade plan; going long
1, initiate 50% below 30,
2, initiate the other 50% when it breaks up,

3, to hold position, your other indicators need to follow,
rsi(5) is for enter and exit, your other indicators support your decision,

4, when above 70, and you are in the money when rsi(5) breaks, take it,
regardless if price continues past you,

5, be paitient if you enter a trade and price continues to plummet,
rest assure, (as a minimum) you will get back out where you entered,
you will get back to mid bollingers,

6, you are not trying get every pennie, and you won't,
the "idea" is to get most of the meat and leave the scraps,

Q's rsi(5)