Million $ Secret - My RSI & MACD Combination for killer entry points!

#IATA #TechnicalAnalysis #RSI #MACD #RSIandMACD #KillerCombo
DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.

0:00 Introduction GOAL: 100K Subs in 100 Days so I am giving away this secret. I made it to 92K in 94 days so maybe 100K is possible.
0:30 IA TA Tuesdays - RSI & MACD
The Logos in order 9 Bitcoin, Microstrategy, Snowflake Baidu, Invitae, Trade Desk, Shopify, Palantir and Nextera Energy
IA TA Tuesdays(InvestAnswers Technical Analysis)
RSI & MACD
3:00 Relative Strength Index (RSI) is used to assess price momentum
Measures how quickly traders are bidding up / down the price of a security
RSI scale is 0 to 100
below 30 generally indicates oversold ie time to buy
above 70 is overbought ie time to sell
RSI

4:00 MACD Moving Average Convergence Divergence (MACD)
Momentum indicator that shows the relationship between 2 moving averages
MACD is Short-Period EMA less Signal ie the Long-Period EMA ie longer one from shorter one

4:30 MY Custom Settings
5:00 Timeframe For RSI and MACD Combo best to use 4 HOUR timeframes.
5:30 Does TA Predict the Future? Doesn't predict the future
Identifies patterns. Period.
It is a Lagging Indicator
Awesome for signals and affirmation

Charting Tool TradingView
RSI + MACD Charts
Bitcoin, Microstrategy, Snowflake Baidu, Invitae, Trade Desk, Shopify, Palantir and Nextera Energy.

17:00 Conclusion 4 Hour Timeframe is key
I use Custom Settings
Great for affirming entry signals
Good for identifying sell signals
BEWARE:
Do not trade on TA Alone. Make sure you take into account all fundamentals.
Pros and Cons
Future IA TA Tuesday Videos
VPSV
Stochastics
Bollinger bands
Candlesticks
Fibonacci retracements
On balance volume
Up Trends (bullish)
Down Trends (bearish)
Consolidation (range riders)
Volatility
IA TA Full Agenda
Trend lines
Support & resistance
Moving averages
Exponential moving avgs
RSI
MACD
RSI + MACD
Breakouts
Gaps
Momentum

Want more?
(you know what to do!)

[aammarkhan]

You really are one the best channels on YouTube for young professionals wanting to learn about TA.

[dreviscerator]

The Bob Ross of finances. Can listen to this all day and not get stressed.

[Andrew-zxzw]

You’ve replaced several of the outlets where I got my market news in the past. Excellent video and well appreciated. Thanks again.

[RobertWillington]

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[AdamTSLA]

As a risk management professional, I’m really enjoying the content and I’ve been sharing your channel with colleagues. Great stuff.

[joshuaharris]

I never thought I'd say I'm excited to look at trading charts. You're a wizard James!

[lisaclark]

You're amazing! I'll need to watch this several times so it sinks in.

[Cryptomagic]

Thank you so much for sharing! You’re the real deal. We appreciate you

[tota]

wow! that was a huge straightforward lesson. I couldn't imagine that it could be this simple!
This is the perfect lesson for starting our TA journey, without any stress!
Thank you so much for the great lessons and wisdom.

[Figgatopia]

JAMES YOU ARE A GURU YOUR HUMBLE SERVICE IS MUCH APPRECIATED!!!

[jujujonbitcoinisplanbcrypt]

Wow going through some older videos and these are golden! Thank you🙂

[Travel_Adventures]

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Your time is much appreciated. Finally I can link a few of the chart signals. Great job.

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[thegarden-musicforrelaxation]

I also love this channel because . . You are not shouting and getting over excited. You tell the story bas you see it . . . great work great channel

[ksbfizah]

I'm rewatching these videos and so much to learn, So much value! THANK YOU James!!

[sallyhappyhealthy]

Liked the video before even watching it because I know it’s going to be good, as with every single video I’ve watched of yours so far. Thanks so much for your advice!

[StreetSteelo]

I've gone back to this video several times & it's one of my favorite because I learn & can choose to apply. We appreciate you teaching us practical TA & for publishing a video every day.

[MRQ]

It has been 1 year approximately that Ive watched your daily videos and just got to know that you have a TA library. Your content is so valuable.
Thank you very much for sharing your knowledge. Your are great, James.