Trading For Beginners

Relative Strength Index

Relative Strength Index History Relative Strength Index was developed by J.Welles Wilder Jr. and introduced in his book ‘New Concepts In Technical Trading Systems’. It is one of the most popular technical tools around. Relative strength Index (RSI) is measured on a scale from 0-100 with a reading above 70 being overbought and a reading [...]

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Learning to Identify Key Setup Areas

Written by Lance Beggs Deliberate practice requires maximum exposure to price action and an ongoing process of learning through trial and error. Whenever you have a spare five minutes or so, a great exercise you can do to enhance the ‘maximum exposure’ part of your deliberate practice, is the following: • Bring up a chart [...]

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