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Old 08-26-2006, 12:47 AM
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Quote:
Lisa
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I have read numerous counts of articles about RSI. I also did a search on google about this indicator. So far I have received two opinions. Some claim that this indicator is stupid. Others claim a simple strategy using the RSI is highly profitable with the correct money management.

For example, one post I read was watching for a higher low, higher RSI, and a MACD crossover. This is supposed to be a high probability trade.

Any comments or thoughts on this?
The only information I look for in the RSI is divergence as well.

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