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BRUCE LEE KICK-BLK

(RSI5)
BY:-
S.SRIKANTH (SK)
8892290908

What is the 'Relative Strength Index - RSI'

The relative strength index (RSI) is a momentum indicator developed by noted technical analyst
Welles Wilder, that compares the magnitude of recent gains and losses over a specified time
period to measure speed and change of price movements of a security. It is primarily used to
attempt to identify overbought or oversold conditions in the trading of an asset.

What is concept of RSI?

RSI calculates strength of stock trend and helps to predict their reversals. RSI value oscillates
between 0 to 100. As per Wilder when RSI value is above 70 it is considered as overbought and
when RSI is below 30 it is considered as oversold. Some traders use 70/30 or even 80/20 to
define overbought and oversold.
A value between 31 to 69 is a no entry or exit point for traders who rely on RSI as primary
indicator. However their movement can help supplement other indicators signal. Another use of
RSI is to determine divergence between price and RSI. Divergence indicates trend reversals

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BRUCE LEE KICK

The most easiest and powerful one, usually everyone knows RSI to use with default

That's with 14 period And 30 oversold level And 70 overbought level

Here we fine tune with a trick
That allow us to get in entry at right point of trend reversal
We use RSI only to buy after downtrend and sell after uptrend.
The trick which I explain now u may use for *averaging your losses* and also for *fresh
trade*
Use this trick for fresh trade and believe it monthly u can make 20-40% returns of your invested
capital
This strategy only for short term, mid, long term positional or hourly chart not intraday of
5,10,15,30 mins
HERE WE GO

The trick is simpler:-

*WHEN RSI (5) DIPS BELOW 20 MARK AND TURNS UP AND CROSSES 20 MARK
THEN BUY OR AVERAGE UR TRADE*

SOME EXAMPLES:-

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8892290908
 TRICK BY SANTU BABA

This is for July 2017 month report

COMPILED BY SK
8892290908