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adler
09-24-2008, 11:17 AM
Hello Neal

Say if i am trading on 30/5 mins can I use trsi only on a trending market
Is there any way we can use TRSI on a ranging market?

As markets are mostly ranging and your updates say no trade when there is no trend, does it mean we cannot use TRSI for ranging market

If we can use, can you tell us some set ups for a trading on a ranging system?

FibMaster
09-24-2008, 01:17 PM
TRSI is good for a trading range. A trading range is just a horizontal trend.. So you can trade long and short, without so much bias..

Post a chart so I can see what you have in mind, I'll comment in that.

The daily updates focus on the bigger moves, rather than scalps. It is awkward for me to make video updates for 5-minute charts, because the move can be over by the time the viewer looks at the update...

-Neal.