Description
The Basic RSI Course is a 125 page manual with 13 audio cd’s (11 hours) that goes into greater detail on Range Rules, Divergences, Positive/Negative Reversals, Reward/Risk, Probability, Money Management and Psychology.
Where the RSI EXplained is an introduction, like a piece of cake, The Basic RSI Course is like having the whole cake and the recipe to bake another one.
Course Outline:
| A. Basic |
|
| I. Definition of Relative Strength Index (RSI) |
| II. Calculation of RSI and Time Period Selection |
- Short Term
- Intermediate Term
- Long Term
|
| III. Parameters of RSI for Trend Analysis |
- Value of RSI
- Normal Range
- Bull Range
- Bear Range
- Overbought / Oversold
|
| IV. Divergence and “The Signal Count” |
- Momentum Highs/Momentum Lows
- Bullish
- Bearish
- Degree of: Short, Intermediate, Long Term
- The Signal Count
|
| V. Positive/Negative Reversals |
- Positive Reversal vs Bullish Divergence
- Negative Reversal vs Bearish Divergence
|
| VI. Basic Trend Analysis Guidelines |
- Uptrends
- Downtrends
- Moving Averages
|
| VII. Moving Averages |
- RSI Value
- Close Price
- Simple (S), Weighted (W), Exponential (E)
- Suggested Values for Moving Averages
|
| VIII. Bullish Sentiment |
- Up Trends
- Down Trends
- Trend of Sentiment
|
| IX. Time Cycles (Days, Weeks, Months & Years) |
- ******
- Measurements
- Coincident Cycles
- Helpful with 4, 9, 13, 26, for Positive & Negative Reversal Windows
|
| X. Price Cycles of Range or High/Low |
- Calculated on Range (Week, Day, Hour)
- Retracement of 50%
- Gann: 1/8th, 1/3rd
- Fibonacci: 38.2, 61.8
|
|
| B. Pattern Recognition |
|
| I. Divergence Patterns |
|
|
| II. Reversal Patterns |
- Positive Reversals
- Negative Reversals
|
| III. Hidden Signal for Intermediate Trend Change |
- Bullish Divergence
- Bearish Divergence
|
| IV. Overbought / Oversold |
- Up Trends – Intermediate to Long Term Support
- Intermediate to Long Term Positive Reversals
- Intermediate to Long Term Top Bottom Positive Reversals
|
| V. Oversold / Overbought |
- Down Trends – Intermediate to Long Term Resistance
- Intermediate to Long Term Negative Reversals
- Intermediate to Long Term Bottom Top Negative Reversals
|
|
| C. Price Targeting with Positive and Negative Reversals |
|
| I. Naked Signals |
| II. Enhanced Signals |
|
| D. Trend Analysis and Trend Change Checklist |
|
| I. Up Trends Down Trends |
| II. Down Trends |
|
