Million $ Secret - My RSI & MACD Combination for killer entry points!
#IATA #TechnicalAnalysis #RSI #MACD #RSIandMACD #KillerCombo 👋JOIN THE COMMUNITY: / investanswers DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. 0:00 Introduction GOAL: 100K Subs in 100 Days so I am giving away this secret. I made it to 92K in 94 days so maybe 100K is possible. 0:30 IA TA Tuesdays - RSI & MACD The Logos in order 9 Bitcoin, Microstrategy, Snowflake Baidu, Invitae, Trade Desk, Shopify, Palantir and Nextera Energy IA TA Tuesdays(InvestAnswers Technical Analysis) RSI & MACD 3:00 Relative Strength Index (RSI) is used to assess price momentum Measures how quickly traders are bidding up / down the price of a security RSI scale is 0 to 100 below 30 generally indicates oversold ie time to buy above 70 is overbought ie time to sell RSI 4:00 MACD Moving Average Convergence Divergence (MACD) Momentum indicator that shows the relationship between 2 moving averages MACD is Short-Period EMA less Signal ie the Long-Period EMA ie longer one from shorter one 4:30 MY Custom Settings 5:00 Timeframe For RSI and MACD Combo best to use 4 HOUR timeframes. 5:30 Does TA Predict the Future? Doesn't predict the future Identifies patterns. Period. It is a Lagging Indicator Awesome for signals and affirmation Charting Tool TradingView RSI + MACD Charts Bitcoin, Microstrategy, Snowflake Baidu, Invitae, Trade Desk, Shopify, Palantir and Nextera Energy. 17:00 Conclusion 4 Hour Timeframe is key I use Custom Settings Great for affirming entry signals Good for identifying sell signals BEWARE: Do not trade on TA Alone. Make sure you take into account all fundamentals. Pros and Cons Future IA TA Tuesday Videos VPSV Stochastics Bollinger bands Candlesticks Fibonacci retracements On balance volume Up Trends (bullish) Down Trends (bearish) Consolidation (range riders) Volatility IA TA Full Agenda Trend lines Support & resistance Moving averages Exponential moving avgs RSI MACD RSI + MACD Breakouts Gaps Momentum Want more? (you know what to do!)
