Trading Idea #025 – RSI Monthly Bounce 1
I just took a one-bar trade on a monthly chart based on 2-period RSI stochastic coming out of oversold territory. In other words, a bounce from oversold.
I just took a one-bar trade on a monthly chart based on 2-period RSI stochastic coming out of oversold territory. In other words, a bounce from oversold.
This idea is another mean-reversion system based on work of Larry Connors and Cesar Alvarez, but with a wicked twist.
This Trading System is another scalping idea, but this time it’s to take a trade when the volume is greater than 2 times the average volume.
This system is a redux of our Trading Idea #018, the Aggregate Fisher Index, based on Sofien Kabaar’s original idea. This time, I put this through my entire process and see if this idea is a good one or not.
This idea is based on the concept of Fractals, popularized by Bill Williams in his books Trading Chaos and New Trading Dimensions.
This is a variation of Moderate Scalp 2, a scalping idea where the Kaufman’s Adaptive Moving Average (KAMA) is within the body of the bar.
The premise is a simple 10-period/100-period moving average crossover system and use it across four sectors, i.e., a portfolio.
This idea is inspired by Sofien Kabaar. He took John Ehlers’ Fisher Transform and tweaked it a little. He calls the final value the Aggregate Fisher Index.
Fisher provided a trading pattern so simple, a kindergartner can trade it. Simpler trading systems are better, and this idea is about as simple as it gets.
This idea is from an article in the April 2021 issue of Technical Analysis of Stocks & Commodities (TASC). TASC is always a good resource for trading ideas, so I thought the trading system suggested in the article “A Simple Forex Trend-Following Strategy”, by Azeez Mustapha, would be fun to try.