January 8, 2016 at 6:43 pm#432
Tommy
Keymaster

RSI is good if you know how to use it to your advantage, if not you’ll get burned. Makes me laugh how traders think they can learn this in a day, takes many years to learn this. Check out this chart on what traders tend to do which is wrong. Trend is down RSI remains oversold.
RSI Oversold Chart

This is a good article as well ; RELATIVE STRENGTH INDICATOR for day trading