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Forex Trading - How to Use the RSI Indicator

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Uploaded by on Jul 6, 2008

Today we are going to learn about the RSI indicator in Forex Trading.

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Education

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Standard YouTube License

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  • It's interesting video. M'kay?

  • Hello! Have you ever tried the British Box Breakout (do a search on google)? Ive heard some amazing things about it and my mate earned plenty of money.

  • nice, thanks

  • OK! ;)

  • Great explanation :) Thanks for the video

  • nice video helps alot

  • Sir, is it ok if I consider breakout of the levels 40 and 60 (instead of 30 and 70) for rsi(14) in 1 hour chart for EUR/USD? It looks like to provide me better signals, but I don't know if it's acceptable.

    Thank you very much.

  • @FreeFOREXautoROBOT

    interesting but i prefer...you sound like a broken record. Go pawn your stupid forex robot on your own site.

  • I love it..:-))) thank you..:-)) so many videos out there but they have so many indicators/colours my head is spinning just looking at it...this is brililant - sharp sweet and simple..:-))) and such a sexy smooth voice..:-)....lol

  • (In addition to post below) I had my MICRO FXMC acct for over a year out of all my indicators my RSI / STACHASTICS combo I relied on the absolute most. It told me in a glance where the market was going what stage it was in and how far it likely had to go. Since this up grade to a standard FXMC acct they are worth less. Sometimes the RSI never even hits overbought / oversold before a reversal WTH is going on. I feel like I am driving a car with no steering wheel. Anyone have another fav indctr

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