Hello Trader,
I have the smartest students in the world. No question.
Here's an email I got:
"I wanted to inform you with one more thing/technique which I use to find long term, wealth creation trades, On the weekly charts if the RSI had crossed either below 40 or above 60 accordingly with pattern on daily we enter long term trades with no Take profits only stoploss based on pattern (Generally reversal bars). Here in Gold you mentioned a sluggish bear market, but the above technique is telling that Gold will not rise for 1 year atleast, (w.r.t. RSI we looking into 55 week RSI range breaking 60 or 40 && that is why I believe 1 year) Gold will be in bearish bias. Thanks Courtney"
I use RSI every day and love it. What I like about this email is that he is using it on longer time frame charts where it can work even better.
I love making big money and the big money is made on the big moves so I love what he is doing here.
Check it out and email me at support@wealthbuilderllc.com with your success or failure using it!
Thanks!
Good RSI trading,
Courtney Smith
P.S. I go into detail on use RSI in my Stock Success School 2021 course. You can get more information by clicking here.
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