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Classic & Hidden Divergence of Relative Strength Index (RSI) and how to use them in trading.
IMPORTANT - Though RSI Divergence is effective enough to help you read trade signals on a chart, but using only RSI Divergence demands immense practice and experience of chart reading. Hence it is highly recommended to use it as one of the parameters in a rule-based trading setup.
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Recommended books:
1. "Martin Print on Market Momentum" by Martin Print
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2. "Bollinger on Bollinger Bands" by John Bollinger
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3. "Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader" by Al Brooks
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4. "Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader" by Al Brooks
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5. "Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader" by Al Brooks
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Voice Over: Kapil
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Twitter: @MotiRakam - / motirakam
Email: motirakam.jaipur@gmail.com
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Only for education purpose.