Thursday, February 28, 2019

How to trade using MACD, RSI, Candlestick and patterns?


There are classical trading methods available across technical analysis. A few widely used methods are like use of chart patterns and Candlestick methods.

Many combine indicators like RSI, MACD, ROC etc along with the patterns for confirmation. I use the following indicators but in a very different way:

  •  Bar and Candlestick methods / Patterns
  • Bollinger Bands
  • Relative Strength Index (RSI)
  • ATR (to gauge volatility)
  •  Elliott wave
For the first time I will be disclosing each of these methods in a very detailed fashion along with the exact trade setup that one has to take.

To learn more on the above methods you can Register here

It is only 10% of the traders who make money consistently in markets and so even if you are using these indicators or methods it has to be followed in a different way than how majority of them are using it.

I question each and everything and do not accept it at the face value. Any parameter decided for Moving average, RSI, ROC or anything has to be derived using simple techniques which will differentiate you from everyone else.

Trust me it is possible to make money with systematic risk in markets provided you follow the rules and required discipline.

You can now register for the Master of Technical Analysis (MOTA) module scheduled on 2nd – 3rd March and see the power of the methods yourself and you will be astonished. Register here

 


Cheers,
Ashish Kyal, CMT
+91 9920422202

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