Relative Strength Indicator ( RSI)- Build your Trading Plan with Relative Strength

by Andrew Abraham

Table of ContentsPower of the Relative Strength ConceptsUses of RSIRelative Strength as Part of Your Trading PlanTrading Plan AspectsIdentifying Strength & WeaknessAvoiding Bear MarketsNo More CNBCTrade LevelExamples of TradesRSI for Short Term TradersOverbought & OversoldRSI Trend ConfirmationSecret Sauce of RSI There are two concepts that professional traders use when discussing relative strength. There is the indicator RSI (Relative Strength Indicator) and the second which I personally feel is the more important concept of identifying the strongest and the weakest markets to trade. This aspect is a main aspect of your trading plan

27 pages, Kindle Edition

First published January 15, 2013