Trading-Made-Simple | How to Trade with the Moving Average and RSI Strategy
Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
Moving Averages show the average price direction while the RSI helps see if prices went too high or too low. Traders can decide to enter the market when the short-term and long-term averages cross and the RSI signals extreme conditions (overbought or oversold).
In this video, we will be covering:
0:00 Recap on Moving Averages & RSI Strategies
0:38 Combining Moving Averages (10 & 20 EMA crossing) and RSI (crossing the 50 level)
1:38 Long Trade Entry Rules Using Both Strategies
2:16 Short Trade Entry Rules Using Both Strategies
Want to know more videos like this? Stay tuned to our next video next week.
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.