Top 3 Ways To Use The RSI Indicator (Not What You Think)

#smbcapital #stockmarket #daytrading

[Vemrah]

I watched hundreds of videos about RSI - THIS IS THE ONLY RSI VIDEO completely changed my overall view of RSI - THANK you for sharing this awesome info !

[johngray]

The best way to trade the RSI is to put a 20 period sma overlay on the RSI. Your buying when it's above the 20 sma and selling when it below the 20. It's great for exits letting you get everything out of a move with not much draw down when it moves against your position.

[Jennyuk]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[tonysilke]

Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.

[mikeanis]

It was great to see a professional's take on rsi from both Garrett and Jeff. For me personally i do use the default settings so that more potential opportunities arise and im at least paying attention to price action in overbought or oversold conditions. On top of multiple time frames, I also combine volume, momentum and price action to help me better confirm the right side of the v. Because i trade high beta though im also looking for additional confirmations in future charts or spy / qqq. One last thing that helps my better trades is spotting bullish or bearish divergences using rsi. Where i have a tough time though using this tool is on trend days but trying to work through that. This video was right up my alley. Big thanks SMB, as always!

[paulkaz]

I've read alot of RSI and watched many videos. This is the single most important video I've watched on the topic. The penny has really dropped. I can't wait to get on charts and try this method. Thanks for sharing!

[ysmetannikov]

You can use different periods for RSI as well. Well known example is Connor's method, where he uses RSI of two periods. Also, in addition to using multiple time frames, you can use RSI of multiple periods. For example, if both weekly RSI(2) and RSI(14) is overbought the probability of a pullback is higher. In addition, if daily RSIs show the same you have your setup.

[Audi_rings]

This style video with questions being asked and explanations from other traders is really helpful. Thank you

[yoginacharya]

Very detailed video on RSI. Thank you SMB for this video🙏

[edsvfrfi]

Great video. Thank you for making it simple to understand. I also appreciate that you give credit to Brian Shannon for the “level of interest” using VWAP

[samcharles]

Thanks a lot guys. I have been struggling using the RSI

[Jaysnipes]

11:52

Well informative video. I love the insight you provided on taking the trade the moment you see the set up. I was always concerned myself whether I wait for the day to close.

[mort]

Always amazed when I hear indicators don't work, properly defining/understanding there use is how they work. Important to understand there failings and how to sort those out. There are more great ways to use the rsi indicator for trades. Thanks for sharing .. overbought and oversold can last the entire time your on the sidelines watching for a turn.

[MarcGyverIt]

Simply using different lengths has the same effect as checking the different timeframes. If you apply a length of 10 to the one hour chart, a length of 20 is the same line on the 30 minute chart. It's math, so that's a fairly simple approach you can use to save time.

[Bushify]

Has anyone else noticed that it seems like Jeff and Garrett are constantly on the verge of laughing but keeping an almost straight face? 😂

(probably because filming these types of videos is a funny and maybe awkward experience)

[whimsythecrypto-hippy-wolf]

I freaking LOVE Garretts energy and vibe, he feels like a really good dude! <3

[kellis]

This was a good explanation of how to execute RSI. TY

[christopherruiz]

Great video SMB, thank you! for the detailed breakdown. We’re talking numbers, we’re talking real actionable, trades here. I’m wondering, what do you guys think about RSI moving average crossovers? For indexes or futures etc.

[chilatelover]

noticed the same return to the 50 on the RSI for strong trending stocks as well

[Rei_naldo]

You can also use it for bearish/ bullish divergence. I was expecting them to talk about it