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Forex RSI Indicator Strategy

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Forex RSI indicator strategy that is best system for day trading the stock market, futures, E-minis http://www.topdogtrading.net/youtubeorganic-trading Forex RSI indicator system using RSI for day trading or swing trading (also works for the stock market, futures, E-minis and options) as a replacement for the stochastic indicator or MACD indicator. Enjoy the video! Leave your questions and comments below! Make sure not to miss a single video from Barry! Click here to Subscribe: https://www.youtube.com/user/TopDogTrading?sub_confirmation=1 ==================================================== Barry Burns Top Dog Trading TopDogTrading.com Facebook: https://www.facebook.com/TopDogTrading/ Get the Free Trade Strategy: “The Rubber Band Trade”: http://www.topdogtrading.net/youtubeorganic-trading =================================================== Watch the related video: "RSI indicator trading strategy, Part 1" https://www.youtube.com/watch?v=oLt08zaVu5Y --- Risk Disclosure: http://bit.ly/Risk-Disc --- RISK DISCLAIMER: The information contained on this video is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible. Seek the services of a competent professional person before investing or trading with money. The information contained on this video, is not provided to any particular individual with a view toward their individual circumstances and nothing in this video should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research. Any statements and/or examples of earnings or income, including hypothetical or simulated performance results, are solely for illustrative purposes and are not to be considered as average earnings. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance. You should never trade with money you cannot afford to lose. The information in this video is in no way a solicitation of any order to buy or sell. The author and publisher assume no responsibility for your trading results. This information is provided "AS IS," without any implied or express warranty as to its performance or to the results that may be obtained by using the information. Factual statements in this site are made as of the date the information was created and are subject to change without notice. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
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Text Comments (137)
Nayan (7 days ago)
The another guy thought me just opposite yes with keyword "overbought" I will now give this one a shot because that didn't worked.
TopDogTrading (6 days ago)
Hope it works well for you. Just remember to trade it as part of an overall trading methodology, not just an indicator 'setup."
SAVAGr CEO (7 days ago)
Barry, if it breaks the MA by going underneath it, instead of just touching and bouncing back, do you not enter? And after the pullback, does the RSI have to be at or above 70 again? Thanks!
TopDogTrading (6 days ago)
Part of the trade setup is that price holds that support level. RSI doesn't have to reach 70+ again after that.
SAVAGr CEO (7 days ago)
Barry, can this be used for different time frames? Like the 15 minute?
TopDogTrading (7 days ago)
Yes, absolutely.
mister ribeiro (9 days ago)
strength on the rsi and price at or above the previous high riding the 20ema to the sky strength on the rsi and price at or above the previous high riding the 20ema to the sky strength on the rsi and price at or above the previous high riding the 20ema to the sky : )
TopDogTrading (7 days ago)
Trading poetry - I love it!
bullitt773 (13 days ago)
On the ToS platform, RSI offers different average types. Defaults to Wilders. Should I set this to Simple?
Dave Nevins (1 month ago)
Great. Thanks. Does this also work for the MFI indicator?
Dave Nevins (1 month ago)
+TopDogTrading -- thx for reply
TopDogTrading (1 month ago)
I haven't tried it with that, but would be an interesting experiment.
Hi pls send me the free trading strategy. [email protected]
Tony Echavarry (1 month ago)
Thank-you Barry for another great video. Really shows the big picture of how to properly use RSI.
TopDogTrading (1 month ago)
You're welcome Tony, I'm glad the lesson was helpful for you.
Singhcyogi (1 month ago)
Hay there.. this is really nice strategy but I wonder does this work in all time frame or on daily charts ..Plz answer..
TopDogTrading (1 month ago)
Thank you for your question. You can use it on any time frame.
Lots of Pips Forex (1 month ago)
what other time frames should i consider for this strategy?
TopDogTrading (1 month ago)
This can work for any time interval you choose.
Forex King (1 month ago)
Best teacher on youtube!
TopDogTrading (1 month ago)
Wow! That's very kind of you Forex King, thank you!
Georgios Georgiou (2 months ago)
Very nice! Thanks! How many candles ago do you think it is safe without hit 30/70 level?
John Tad (2 months ago)
Does this work scalping smaller time frame?
TopDogTrading (2 months ago)
Yes it does John.
AB Co GMail (2 months ago)
Hi Barry. As I already use the TDog Mo Indicator, can I use it instead of the RSI? If so, would I still look for 70s and 30s for a strong impulse move? Randy.
TopDogTrading (2 months ago)
Thanks for asking. They're not interchangeable. My MOM indicators isn't a bounded indicator like RSI is. So the signals and patterns are completely different.
Daniel Olivera (2 months ago)
Thanks, Barry!!
TopDogTrading (2 months ago)
You're very welcome Daniel.
lorenzo (2 months ago)
notice that after the first leg, rsi 70, small pullback: rsi rarely goes under 45 to predict another big uptrend leg. the opposite in the short position: first leg down and a pullback that fails to go with rsi above 45
TopDogTrading (2 months ago)
Good point Lorenzo.
mister ribeiro (2 months ago)
the bearish take on this strategy " in this video " is still neat and tidy considering, markets tend to move faster " bearish " thanks for the great video
mister ribeiro (2 months ago)
"uh-umm" at 5:23 lol
Paul Onam (2 months ago)
Thank barry for this video , just the perfect explanation for RSI , I will also love to get ur favourite strategy the rubber band trade.
TopDogTrading (2 months ago)
Glad you found it helpful Paul.
juan m (2 months ago)
can it be done using the SMA or does this strategy only works better using the EMA?
TopDogTrading (2 months ago)
You can use the SMA if you prefer.
Thomas Hyodong (2 months ago)
Thank you very much for your teaching!
TopDogTrading (2 months ago)
You're very welcome Thomas.
Wolverine (2 months ago)
You're an amazing man! thank you 💕
TopDogTrading (2 months ago)
You're very welcome.
Don Crays (2 months ago)
Very good. Well done, Barry.
TopDogTrading (2 months ago)
Thank you Don. Much appreciated!
YahshuaIsMyKing FBF (2 months ago)
Great video, 👍👍👍👍👍
TopDogTrading (2 months ago)
I'm glad you found the tutorial so helpful.
Zakirhussein (2 months ago)
Experience traders say indicator based trading doesn't work. You are also experienced and very good trader so this is a contradiction. Please clarify.
TopDogTrading (2 months ago)
I appreciate that. I'll add it to my "to do list" for future videos. Great request.
Zakirhussein (2 months ago)
+TopDogTrading Okay thanks for reply. Please show us any reliable London open or breakout strategy to make some pips early in the morning. There are many on YouTube but you are which I can trust.
TopDogTrading (2 months ago)
There's more than one way to groom a cat! Many trading methods can make money.
Chris Moriarty (2 months ago)
Thought on using on 1 hr ??
TopDogTrading (2 months ago)
1 hour charts can be used very well.
Denise Fox - Bernotas (2 months ago)
Thanks for the new video again
TopDogTrading (2 months ago)
You're very welcome Denise.
Siyanda Madlala (2 months ago)
A lot of money in a 10 min video. I am going to back test this. Thank you.
TopDogTrading (2 months ago)
Thank you Siyhand, glad you liked it.
TheFlawlessdude (2 months ago)
Hello sir, how would you setup a screener for this strategy?
TopDogTrading (2 months ago)
Great question - perhaps I'll do that in a new video.
Heavenly Places of world (2 months ago)
I did not get your free ''The Rubber Band Trade”: how can i get it ?
TopDogTrading (2 months ago)
Thanks for letting us know. Just go to: http://www.topdogtrading.net/youtubeorganic-trading After you request it via the form there, the link to the video will be emailed to you.
Steven Wanner (2 months ago)
What about longer time frames like the weekly.
TopDogTrading (2 months ago)
Yep. It works just the same.
zane DRozario (2 months ago)
U are just amazing Barry... Excellent strategy simple 3 step setup..
TopDogTrading (2 months ago)
Thank you Zane.
Ashley Lemmer (2 months ago)
Thanks Barry, I often think how overbought and oversold should be traded the opposite way - why fade it? What are your views on an exit?
John Robinson (2 months ago)
Thanks for vid which simplifies Rsi even more, can use this strategy on smaller time frames
TopDogTrading (2 months ago)
Yes, you can definitely use this on smaller time frames John.
RAVI (2 months ago)
Thank u
TopDogTrading (2 months ago)
You're very welcome Ravi.
ozzy Ozko (2 months ago)
what about stop ? and profit target?
Mart Colobong (2 months ago)
How would you go about setting your SL and TP? The previous S/R?
Nicola Beiruti (2 months ago)
i like it very cool one and light to understand...but Mr..why u dont create a group and subscribe with it to get signals ...we can all be benefit and u also
Rishawn Morley (2 months ago)
Great traders don't depend on signals, do your own analysis and you'll become good
Nnamdi Ejiogu (2 months ago)
You are a special teacher. Thank you sir
TopDogTrading (2 months ago)
That's very kind of you, much appreciated!
routhstars (2 months ago)
Very nice strategy sir. Is this applicable to lower time frames as well...
Angel Robusti (1 month ago)
cxxxxx+TopDogTrading 8
TopDogTrading (2 months ago)
Yes, you can use this on lower time frames also.
edbert fh (2 months ago)
Hi Barry, thanks for sharing this video 👍
TopDogTrading (2 months ago)
You're more than welcome Edbert.
Manish Thakur (2 months ago)
Can I use this in stocks?
TopDogTrading (2 months ago)
Absolutely Manish.
LebJamal23 (2 months ago)
I always thought rsi is used when the security is trading in a range and not when its in a Trend which you can also determine by the adx. Is that a false notion?
TopDogTrading (2 months ago)
It can be used either way, but the signals are different depending on the type of market condition you're trading at the time.
Daddy (2 months ago)
Priceless information!!! I'm enjoying your podcast!!! Thank you so much Barry!!!
TopDogTrading (2 months ago)
Thank you and I'm glad you're enjoying my Top Dog Trading PODCAST as well.
Zead Ibraheem (2 months ago)
Great you are the best
TopDogTrading (2 months ago)
Thank you so much Zead.
RedKnight75 (2 months ago)
Thanks for sharing. Easy to follow.
TopDogTrading (2 months ago)
You're very welcome.
Wendy Owen (2 months ago)
Thanks Barry, nice and simple :)
TopDogTrading (2 months ago)
You're welcome Wendy, yes, I love simple!
JAISWAN SEKARAN (2 months ago)
Superb... No words to appreciate the explanation... Really fantastic Dr. I m from India... Never heard before on RSI
TopDogTrading (2 months ago)
You're very welcome Jaiswan, I'm glad you found it so helpful.
John Richardson (2 months ago)
Great little Video
TopDogTrading (2 months ago)
Glad you liked it John.
Ricky Design (2 months ago)
Thank you, can i used this strategy ini lower TF 15m for example?
Ricky Design (2 months ago)
+TopDogTrading thank you. Gbu
TopDogTrading (2 months ago)
Yes Ricky, you can use this for lower time frames such as a 15 minute chart.
Dapo Hassan (2 months ago)
Thank you Dr.Barry.. Here's a little question; i noticed recently that the forex market doesn't trend as smoothly as it used to.. so many random impulsive moves.. i try to go to shorter time frames sometimes but the spreads just makes it difficult to trade on a lower timeframe... Pls Dr Barry, is trend trading dead?...
TopDogTrading (2 months ago)
I don't think trend trading is dead, but I do agree that the markets don't trend as often or as neatly as they did many years ago.
Dinesh Kumar (2 months ago)
Superb Barry
TopDogTrading (2 months ago)
Thank you Dinesh

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