Andrew Cardwell – Basic RSI Course

Andrew Cardwell – Basic RSI CourseThe Basic RSI Course is a 125 page manual with 13 audio cd’s (11 hours) that goes into greater detail on Range Rules, Divergences, Positive/Negative Reversals, Reward/Risk, Probability, Money Management and Psychology.Where the RSI EXplained is an introduction, like a piece of cake, The Basic RSI Course is like having the whole cake and the recipe to bake another one.Course Outline:A. BasicI. Definition of Relative Strength Index (RSI)II. Calculation of RSI and Time Period SelectionShort TermIntermediate TermLong TermIII. Parameters of RSI for Trend AnalysisValue of RSINormal RangeBull RangeBear RangeOverbought / OversoldIV. Divergence and “The Signal Count”Momentum Highs/Momentum LowsBullishBearishDegree of: Short, Intermediate, Long TermThe Signal CountV. Positive/Negative ReversalsPositive Reversal vs Bullish DivergenceNegative Reversal vs Bearish DivergenceVI. Basic Trend Analysis GuidelinesUptrendsDowntrendsMoving AveragesVII. Moving AveragesRSI ValueClose PriceSimple (S), Weighted (W), Exponential (E)Suggested Values for Moving AveragesVIII. Bullish SentimentUp TrendsDown TrendsTrend of SentimentIX. Time Cycles (Days, Weeks, Months & Years)******MeasurementsCoincident CyclesHelpful with 4, 9, 13, 26, for Positive & Negative Reversal WindowsX. Price Cycles of Range or High/LowCalculated on Range (Week, Day, Hour)Retracement of 50%Gann: 1/8th, 1/3rdFibonacci: 38.2, 61.8B. Pattern RecognitionI. Divergence PatternsBullishBearishII. Reversal PatternsPositive ReversalsNegative ReversalsIII. Hidden Signal for Intermediate Trend ChangeBullish DivergenceBearish DivergenceIV. Overbought / OversoldUp Trends – Intermediate to Long Term SupportIntermediate to Long Term Positive ReversalsIntermediate to Long Term Top Bottom Positive ReversalsV. Oversold / OverboughtDown Trends – Intermediate to Long Term ResistanceIntermediate to Long Term Negative ReversalsIntermediate to Long Term Bottom Top Negative ReversalsC. Price Targeting with Positive and Negative ReversalsI. Naked SignalsII. Enhanced SignalsD. Trend Analysis and Trend Change ChecklistI. Up Trends Down TrendsII. Down Trends