Trading RSI Trend Lines Made EASY (Forex & Stock Trading Strategy)

Рет қаралды 149,985

4 жыл бұрын

In this video you’ll discover:
• What is the RSI indicator and how RSI works in Forex and stock market
• How to use and how to trade RSI on Forex, stock market or any other financial market (how to buy and sell using Relative Strength Index)
• How to interpret RSI when trading stocks (RSI explained for beginners)
• How does RSI trendlines work in forex and how to correctly trade with RSI trendlines
• How to take long and short positions with RSI trend lines in a Forex and stock market trading strategy
• How to make money trading stocks and Forex market using RSI trendlines
• Which are the best RSI settings and parameters for day trading
• The truth about RSI trend lines and what are the best signals offered by RSI trend lines
• How to trade breakouts, pullbacks and how to follow the trend using a RSI trend line strategy
• Several RSI trading strategies for day trading/swing trading or scalping the forex and stock market
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
▶ Ready for some TRADING and INVESTING action?
✅ thesecretmindset.com/academy/
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
Trade with confidence with our RECOMMENDED online stock trading TOOLS, best online Forex trading platforms and Metatrader platforms, stock trading simulators, stock screeners, penny stock screeners, stock trading picks, investment portfolio tools (and discover our online stock trading sites and stock firms recommendations)
✅ thesecretmindset.com/tools
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
▶ SUBSCRIBE TO OUR FOREX AND STOCK TRADING KZfaq CHANNEL
/ @thesecretmindset
Check out our Playlists | Learn to trade Fx - Online Fx Trading | How To Trade Stocks And Shares | Stock Trading Techniques | Trading For Dummies |Trend Trading Forex | MT4 trading systems
▶ Forex, CFD & Stock Market Strategies To Increase Your Trading Account
• BEST Trading Strategies
▶ Most Successful Day Trading Strategies | Best Way To Day Trade CFDs, Stocks And Forex
• Day Trading Strategies
▶ Scalping Trading On Line | Online Foreign Currency Trading Strategies | Short Term Forex Trading
• Scalping Trading Strat...
▶ Price Action Trading Tips and Tricks for Beginners | How To Trade Without Indicators
• Price Action Trading S...
▶ How to Correctly Use Trading Indicators | Best Trading Indicators To Master Forex & Stock Market
• Best Tradingview Indic...
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
▶ Visit Our Forex and Stock Trading Blog
thesecretmindset.com/
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
Best Forex & Stock Trading Platform Software We Use: www.tradingview.com/
Rooftop by Ikson: / ikson
Music provided by Free Music for Vlogs: • (Free Music for Vlogs)...
➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only, and is not tax, legal, financial or professional advice. Any action you take on the information in this video is strictly at your own risk. We therefore recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. TheSecretMindset.com and all individuals affiliated with this channel assume no responsibilities for your trading and investment results.
AFFILIATE DISCLOSURE: Please note that some of the links above are affiliate links, and at no additional cost to you, we will earn a commission if you decide to make a purchase after clicking through the link. We only promote those products or services that we have investigated and truly feel deliver value to you.

Пікірлер: 205

@mohammed31701 3 жыл бұрын

9:07 seeing this makes me so happy, shows me im going in the right path. i only just learnt this 2 weeks i thought let me use trend lines on my rsi, i do trendlines on 1hr. 4hr and daily and boy the amount of pips i catch. allows me to hold onto my trades longer. glad to see someone else doing this

@soul4jesus 4 жыл бұрын

This is GOLD!! With it I can also predict the take profit TOO!! Works best on higher timeframes, H1, 4H and D1.

@MalikTrades 3 жыл бұрын

How does it predict take profit areas?

@Jayfoxpox 3 жыл бұрын

@@MalikTrades because if it provides a short or long signal then if it produces a signal against your trade then it's likely the momentum is starting to work against your initial trade.

@collinreid5809 2 жыл бұрын

I'm currently using i RSI with MA21 and a buy/sell signal indicator (Range Filter on Tradingview). I take trades at the highs or lows. I've made less careless trades, and I staying in trades longer and profits are better.

@collinreid5809 2 жыл бұрын

I trade on the H4 charts. I realised that the RSI dnt go overbought or oversold on the day charts most times. At least for me, the 4HR works best.

@priteshtirlotkar7592 4 жыл бұрын

This is really amazing! Tried to back test manually on few of the charts. Such a simple though yet powerful.

@josegordillo2583 3 жыл бұрын

You were my first master, thanks a lot because I am working today with this video, USDJPY and AUDUSD, it works and I am going to improve my trader learning. Thanks a lot

@Mohawks91 4 жыл бұрын

Great Video ! :) I use EMA 22 days and MACD for my trades 📈. Keep up the great work

@MeDoge351 3 жыл бұрын

now i used this method in stock, to enter before chart pattern breakouts (cnh, hns), works great man..thanks

@inhumanepie1 4 жыл бұрын

Wow, I never thought of drawing a trend line on the RSI :O I'll start using this strategy tomorrow, Thanks man.

@MFXCenter786 4 жыл бұрын

Great content this video helped me alot. Love this channel

@rafaelizidoro5t 3 жыл бұрын

Great video with good practicals tips by a real trader, not just by a "trading teacher". Very complete and well explained! Thank you

@TheSecretMindset 3 жыл бұрын

Glad you enjoyed it!

@TheSecretMindset 4 жыл бұрын

✅ Discover the #1 Asset to Trade like a Professional - thesecretmindset.com/academy/ 🌐 Trade with an Award-Winning True ECN and STP Forex Broker - go.blackbullmarkets.com/visit/?bta=35247&brand=blackbull

@kangokidkidd4037 4 жыл бұрын

That was eye opener wow...i will TRY

@nabeelsyed6696 4 жыл бұрын

Hey bro, i have been following your videos however I made a big mistake which was to wait for trend reversal, I'm looking at ACB which has instance divergences, but nothing seems to be happening to the actual stock. I bought in at 2.92 the current stock is at 1.70 on the tsx. At this point I look at the entire weed sector and they have all been down for a while, could you do a learning video about this, it would really help me understand it, the type of indicators I was using were CCI and RSI

@JohnBeppu 4 жыл бұрын

I really appreciate your clear presentation style.

@relaxationmusic976 4 жыл бұрын

Hi sir, can you tell me more about unconventional RSI and how to use it?

@vtbhagat 3 жыл бұрын

VERY WELL EXPLAINED THE USE OF RSI INDICATOR SPECIALLY DRAWING OF THE TREND LINE ON THE RSI INDICATOR ITSELF. THANKS FOR NICE MENTORING

@erwinkusuma8444 4 жыл бұрын

This is another good video, it's powerfull combining with price action, and multiple time frame

@chandanguptaSDET 2 жыл бұрын

I must have watched this video for atleast 10 times in the last one year of trading. Its a gem. Thanks

@TheSecretMindset 2 жыл бұрын

👍 Thanks!!

@aparnadhotre6714 Жыл бұрын

How do place your stop loss and target using this strategy?

@growthIs17 4 жыл бұрын

Watched this like three times just to sink it in thoroughly.

@wealthlife5331 4 жыл бұрын

Thk.very much I'm studying RSI

@thatguyilia5239 4 жыл бұрын

I don't like oscillators. And I don't believe in oversold and overbought. Always can go more up or down there is no limit. I think the most powerful indicators are moving averages and bollinger bands. When you combine them with support and resistance you can trade everything. I plan to do a live stream to show you how I do it.

@prakir3590 4 жыл бұрын

Brother we are waiting for your video..

@MenacingRabbit 3 жыл бұрын

Pra Kir all talk no action.

@blair5475 3 жыл бұрын

We are still waiting on the video you promised.

@DD-lm1gv 3 жыл бұрын

I always used RSI trendlines as reversal signals. This is a fantastic idea! I'm going to back test soon and am excited about it. Thanks for the video and presentation.

@TheSecretMindset 3 жыл бұрын

Best of luck!

@pratikkalani6289 3 жыл бұрын

I found your channel to be the most valuable channel in this market. Have seen so many videos but no one explained something very simple and effective methods.

@TheSecretMindset 3 жыл бұрын

Wow, thanks!

@khoakdoan 4 жыл бұрын

I love your videos, thank you for providing this free content!

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@JohnSmith-rl4eu 3 жыл бұрын

Great video and precise explanation, thank you brother!

@CristianCarvajalC 4 жыл бұрын

This video was pure Gold this week breaking the RSI swing trends... i use the 26 periods with ichimoku standard.

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@izzyrov5814 3 жыл бұрын

Wow it looks like a great strategy, gonna test it for sure. thanks so much!

@DishankMusic 3 жыл бұрын

Very well explained. Used by many people and very reliable strategy :)

@geoff6203 4 жыл бұрын

Never been a fan of the RSI, recently though I've been using it with Renko charts. The RSI seems to be a lot more powerful and accurate and its shaped differently. Good video as always!

@blkmalepa 4 жыл бұрын

I also use RSI for renko. Have u tried trendlines and chart patterns on Renko? The view is so clear

@geoff6203 4 жыл бұрын

@@blkmalepa never really trade trend lines mate. I trade divergence.

@oscarkraw 4 жыл бұрын

Excellent vídeo i'm currently using the RSI like this, Value information as always Thanks a lot.

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@rapatera7 4 жыл бұрын

this is one of your better videos as it very clearly explains the trading strategy :)

@TheSecretMindset 4 жыл бұрын

Thanks!

@SatishKumar-bs2sc 4 жыл бұрын

Could you please make video on how to select volatile stocks for day trading!!

@ryderpaul9691 4 жыл бұрын

Excellent stuff! Would love a video about divergences, how to trade them ( entries, exits)

@TheSecretMindset 4 жыл бұрын

Thanks! Very soon!

@rebeccaw8820 2 жыл бұрын

And hidden divergences, I’m struggling to wrap my head around those

@cowboytrips9307 4 жыл бұрын

I'm out of words. You sir, are, AMAZING

@TheSecretMindset 4 жыл бұрын

Wow, thank you!

@hackinglife9710 4 жыл бұрын

Dude... super informative

@israelnicodemusyakubu7296 4 жыл бұрын

OMG, this is one of the best video I've ever watched about RSI, God bless bro.

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@israelnicodemusyakubu7296 4 жыл бұрын

@@TheSecretMindset Pleasure.

@fulfillingtv2918 3 жыл бұрын

I’m using the line chart and rsi with other confluences.

@energyvibes9323 4 жыл бұрын

Thanks bro I got some useful information from this video, i am from India

@86harsha 3 жыл бұрын

I have been using this RSI breakout as an advance indication

@simoneneft3286 4 жыл бұрын

Nice lesson, as per usual. A video about vwap trading would be nice also :)

@MFXCenter786 4 жыл бұрын

Excellent content on RSI trend. I apply this alot. This made alot of things clear.

@TheSecretMindset 4 жыл бұрын

Excellent

@kakisureshu9510 4 жыл бұрын

I love ur way of explanation, thq so much

@TheSecretMindset 4 жыл бұрын

You are most welcome

@WijthaGayan 4 жыл бұрын

sir i have question can draw line price chart buy or selling fallback moment this line

@mohsenestiri8574 4 жыл бұрын

we can draw the same line on the candlevhart as well, both diagram are the same so we dont need the RSI, do we?

@lastnamefirst650 3 жыл бұрын

Is this reliable for the money flow index as well?

@kakkadpareshbhai2735 4 жыл бұрын

Thank you 😊❤️ your Rsi video you are a great sir.

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@rickbyron8455 4 жыл бұрын

Thank you so much brother! Just wanted to know, can you use the trendline breakout strategy using OBV instead? Because the RSI in some of my stocks do not establish a clear pattern/trendline. Will using OBV in this trendline breakout strategy still be accurate/reliable? Thanks for your time!

@TheSecretMindset 4 жыл бұрын

It surely has a great potential, because it includes also the volume.

@quangthanhluu3540 4 ай бұрын

An extremely profound lecture on RSI. Thank you, admin.

@TheSecretMindset 4 ай бұрын

Most welcome!👍

@Cats.spotalain 4 жыл бұрын

thank you !!!

@dakscalcaldona2141 4 жыл бұрын

Very effective strategy, it really helps a lot , thank you sir.

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@take_the_trade 4 жыл бұрын

Crystal clear👍

@matlhatsilesedi3906 3 жыл бұрын

Thanks for the effort..

@samitroy4464 4 жыл бұрын

Thank you so much...great video

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@hemishshah2726 Жыл бұрын

Good knowledge and good style to teach with simple way Thanks you

@TheSecretMindset Жыл бұрын

👍👍

@fitzgerald8708 4 жыл бұрын

Can this technique work with MFI as well?

@hosseinshamloo 2 жыл бұрын

Thanks, Regards from Iran

@nahueltolosa7373 2 жыл бұрын

YOUR VIDEOS ARE THE BEST. 💯💯 THE RSI SERIES AND THE HIDDEN DIFFERENCE GUIDE ARE UNIQUE. JUST USING THIS RSI CONDITION, I COULD HAVE GREAT RESULTS!🤑🤑 THANK YOU! GOD BLESS YOU

@TheSecretMindset 2 жыл бұрын

Happy to help

@zootechz1679 4 жыл бұрын

Good knowledge

@bobbychimeh1925 4 жыл бұрын

Please can you make a playlist for forex indicators, because I confuse both stock and Forex indicators

@limbaniashoka 4 жыл бұрын

Nice work..

@johnhoward2337 4 жыл бұрын

Wow. Great!

@sutharsiddharth2181 4 жыл бұрын

Quality content ...Keep it up sir

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@richman7379 2 жыл бұрын

Bro... Really powerful knowledge

@TheSecretMindset 2 жыл бұрын

Glad to hear that👍

@arifulhoque4547 4 жыл бұрын

Thanks

@darrenblinkhorn3261 4 жыл бұрын

I dont use RSI I use stacastic but I may start using it now. I got soooo much out of it.

@awaiskhan6981 4 жыл бұрын

Thank u soo much brother, I've learned too much from this channel and many different thing no one talks about it,,.... keep doing

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@awaiskhan6981 4 жыл бұрын

@@TheSecretMindset love you sir

@esomonyelu5738 2 жыл бұрын

Good day great video pls I have a question, when rsi trendline breaks on let’s say the 4 hr timeframe can we enter a trade when price action breaks trendline on 1hr or we should also wait for the 4hr price action. Thanks

@TheSecretMindset 2 жыл бұрын

Go with the higher time frame signal.

@matthewcaskey1051 10 ай бұрын

Divergence or Hidden divergence are my favorite uses of the RSI.

@TheSecretMindset 10 ай бұрын

👍

@amro011 2 жыл бұрын

good strategy

@adiputra16_ 2 жыл бұрын

Thank you Sir, Come to Bali please

@TheSecretMindset 2 жыл бұрын

👍

@alikavousi6962 4 жыл бұрын

Great as always! any opinion on ichimoku?

@TheSecretMindset 4 жыл бұрын

I like the Kumo cloud. I ignore the rest of its components (base line, conversion line etc).

@vishalpuri 4 жыл бұрын

Excellent stuff

@TheSecretMindset 4 жыл бұрын

Thanks a lot!

@binaryoptionstrading360 10 ай бұрын

I like this.

@sandipkumarsingh4152 4 жыл бұрын

Great information

@TheSecretMindset 4 жыл бұрын

Thanks!

@MrPlastkort 4 жыл бұрын

Thank you :)

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@dengabus4569 4 жыл бұрын

Try BTMM strategy dude

@jeffreymc989 4 жыл бұрын

What is your recommend RSI close period?

@TheSecretMindset 4 жыл бұрын

I like 21 and 50.

@mymunamusic1800 4 жыл бұрын

Good 👍👍👍

@vaibhavverma2513 Жыл бұрын

great video

@TheSecretMindset Жыл бұрын

👍

@rebeccaw8820 2 жыл бұрын

When you say long term moving average, are you referring to the 50, 100, or 200?

@TheSecretMindset 2 жыл бұрын

Use the one you prefer (I like the 200 EMA and 55 EMA).

@emilroboczy3942 4 жыл бұрын

Tried on my native market. Works great. Thank you, sir!

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@sengzither82 4 жыл бұрын

Where do you get it? Download?

@emilroboczy3942 4 жыл бұрын

@@sengzither82 Download what? A market? :)

@jasongagnon4989 4 жыл бұрын

Awesome as usual. Can MACD be used same way? Thanks

@TheSecretMindset 4 жыл бұрын

Yes, the peaks and valleys of MACD histogram are useful for trend lines.

@jasongagnon4989 4 жыл бұрын

@@TheSecretMindset which is better lead indicator using trend line breakouts?

@pAULEE_wORLi 4 жыл бұрын

very nice video, thanks

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@pAULEE_wORLi 4 жыл бұрын

@@TheSecretMindset ive added some emas over the code and played about with the numbers. this has opened up some interesting choices , ty

@lenardlontoc3585 3 жыл бұрын

I am just wondering if you found any source of indicator for this to save time. trying to find an indicator so that it will be easier across multiple currency pairs. Thank you.

@TheSecretMindset 3 жыл бұрын

Not yet

@lenardlontoc3585 3 жыл бұрын

@@TheSecretMindset I have placed ads for someone to develop this because I would prefer to automate the process

@emanuel5891 4 жыл бұрын

Contenido en idioma español tenes?

@krishnamrajua1183 4 жыл бұрын

Hi, am a beginner, How do we approach a trading day, what basis do we filter stocks for the next day's trading

@Infinitetrucker 4 жыл бұрын

He offers profitable trading guidance

@Infinitetrucker 4 жыл бұрын

for whats'app

@arniegajudo 3 ай бұрын

For 15min timeframe? What is the recommended settings? Is it 14 or 9?

@TheSecretMindset 3 ай бұрын

14 or even 21

@shandarahmed 3 жыл бұрын

What if i draw trend line on a weekly time frame and take trade when the trend line (drawn on a weekly time frame) is broken on a daily time frame?

@gregs8736 2 жыл бұрын

If you back test, you will find out! All the best.

@oprajita508 2 жыл бұрын

Dear sir,can I use 21 or 50 period rsi in h4 timeframe?

@TheSecretMindset 2 жыл бұрын

👍

@oprajita508 2 жыл бұрын

But You didn't my answer

@olcapone3039 3 жыл бұрын

FERRARI IN RED PLEASE

@ahmetkb 4 жыл бұрын

*Thank you Teşekkürler*♥

@TheSecretMindset 4 жыл бұрын

Thank you, too!

@ahmetkb 8 ай бұрын

@@TheSecretMindset 👍

@surajjodeka6197 4 жыл бұрын

Can we use 21 period RSI in 5 min chart for Day Trading

@TheSecretMindset 4 жыл бұрын

Yes, but be prepared for a higher number of false signals. You must have a higher level of precision on lower time frames.

@tapani7590 3 жыл бұрын

RSI 👍

@armandk4851 2 жыл бұрын

powerfull

@TheSecretMindset 2 жыл бұрын

👍

@amasat71 4 жыл бұрын

Divergence + patterns is the best method to trade with RSI

@JohnBeppu 4 жыл бұрын

Divergence and RSI trendlines work very well together. I've found that trendline breaks often precede high probability divergence setups. Also, sometimes you could see something that looks like it could be a divergence but hasn't done a trendline break yet. Those often end up being continuations instead of reversals. I feel like RSI trendlines could be the best friend of divergences. They work so well together.

@ravenmamba6780 4 жыл бұрын

what is great to have a mentor that been verified by others and have a testimonial or just to do it by my self and keep on learning?

@ravenmamba6780 4 жыл бұрын

thats what im thingking about man thanks

@bradleypharr1816 3 жыл бұрын

@@yucee38 I totally agree with you man,.......

@bradleypharr1816 3 жыл бұрын

But then you can actually do it by yourself but how will you curb your losses?

@bradleypharr1816 3 жыл бұрын

@@ravenmamba6780 how will you know the signals and strategies to use,now this is where an experienced mentor comes in that's part of his duty as you mentor and also to make sure you're always getting profits

@bradleypharr1816 3 жыл бұрын

@@ravenmamba6780 Consult joelDayers,

@deevog 4 жыл бұрын

It's the best method to trade but as day trader results mostly 80 to 120 Pips then price takes turn

@aet6899 4 жыл бұрын

The secret mindset? If you agree give me a hell yea!

@voy_tech 3 жыл бұрын

👍

@spliffzombonie 4 жыл бұрын

ALL indicators are lagging. Heck, even all charts are lagging. These are all late info compared to what's already happened.

@matthewcaskey1051 10 ай бұрын

If chart analysis is based on past events then yes all are lagging. But I have learned in trading never aim for the early entry or the peak exit. But learn the eb and flow of the Market!

@lllllllllll11111lllllllll 4 жыл бұрын

3:00

@moatlhodibagayi-vk5gt 11 ай бұрын

I really recommend this guy for all the forex beginners and those who want to improve their trading...This guy is the best and may God grant him🎉.

@muhamadrahim9865 3 жыл бұрын

I think some youtube channel plagiarized your content.check out video "100% High accuracy RSI breakout strategy,best for scalping and intraday trading" by Trader DNA.The script is even the same

@TheSecretMindset 3 жыл бұрын

Thanks for the heads up. There are many channels plagiarising and impersonating us.

@michaelmansfield1289 4 жыл бұрын

Just to let you know, your arrows, especially around eight minute mark, are way off, at least from where the RSI crossed above it's trend-line for each signal. Now if you meant that's where you entered because you're waiting for a price trend-line break, and maybe that is the case, but you didn't show the price trend lines just the RSI trend-lines. Perhaps a better strategy would use a volatility break out of about three to four bars ATR, such that: Buy above signal bar (High + ATR(3)) x 0.25, stop to open. End. I would never want to buy so late as waiting for the breakout of price trend-line. On virtually every price breakout, RSI would have already experienced a break out. Thus, the signal is likely only a price breakout, with the RSI being redundant. So you may be missing the boat on profitability and lower risk trades, by waiting for the price trend line break out, IMHO. MM

@laurenth7187 4 жыл бұрын

SERIOUSLY, WHAT do you DO WITH THE F*** SPIKES, i can't draw TRENDLINE TODAY !!!!

@pradeepkumarmoghe4551 4 жыл бұрын

Hi !, May I request you to kindly speak slowly and louder. I am finding it difficult to catch up your fast speaking. Also please can you reduce background music noise. Thanks.

@michip.904 4 жыл бұрын

Im from Germany and i can understand him perfectly.

@rtp5458 3 жыл бұрын

Slow down the video speed..