FOREX TRADING - HOW TO USE RSI DIVERGENCE

RSI Divergence Cheat Sheet Here https://drive.google.com/file/d/0BxW-jw8ju_B_YUJEV2hMREVQNm8/view?usp=sharing For information the Ultimate Trader Transformation Course Click Here: http://bit.ly/TEUTT For information on the FX Basics Course Click Here: http://bit.ly/TEFXBasics For information on the DSR Indicator Click Here: http://bit.ly/TEDSR To Come into the live room for a FREE week Click here: http://bit.ly/TEUKDiv Due to popular demand, I have decided to dedicate this weeks video to explaining the differences between the different types of RSI divergence in the simplest way possible. The idea is to give you guys enough knowledge so that you can understand what they are and how you can identify them without frightening you off by getting overcomplicated! One of my favourite mottos is "keep it simple stupid" I hope you enjoy the video. See you in the Live room. Jason

Comments

1. Very helpful.... thank you
2. Hey Jason!
   
   Nice video and very easy to understand. I just have query about the settings. It's 80, 20 and 7 I understand but what I didn't get is the what setting you're using for the price. Is it high or close? Seems like you're using high but I'm a bit confused. Would be great if you clear it up :)
3. The beard is coming along well. :-)
4. Fucking Gold
5. Can i knw ur setting for the rsi?
6. Bloody Brilliant
7. Awesome video! Thanks for the simple and useful tips ;)
   From Montréal, Canada
8. This is by far one of the best educational videos I have watched. Thank you very much Trade Empowered!
9. great. I like that. thx u :)
10. Hi Jason, if I'm using 1H and 4H timeframes, what should my RSI period be?
11. so let me see if I understand this..If the Trend is up and there is HH HL and Rsi is moving in the opposite direction its showing a possibility of a reversal..If the Trend is up and Price has kind of stalled But Rsi is moving higher then its a possible sign of a continuation??
12. First example short clearly shows that RSI trading does not work. RSI should be used ONLY as a confirming indicator to your other method Entry condition. It's Never a Reason to take a trade.
13. Thanks Jason for your dedication
14. very well explained, thank you :)
15. Hey Trade Empowered, my name is Corey and im 17, ive been studying equity trading for 4 years and am now studying FOREX. One question, how am i supposed to deal with correlation? i have been in so many positions where one USD pair looks ripe for a short, while the other looks very bullish, what am i supposed to do in this situation and which trade do i take?? Thank you :)
16. Thanks man, very helpful!
17. Agreed! Great channel :)