The RSI 2 closed at 1.23% today, over the last 23 1/2 years,
this has only occurred 27 times. The odd for a bounce to
occur the next day are 81.5%.
However a better strategy is to exit when the RSI closes back
above 65%. The second chart shows an example of this.
And the last table shows the statistics , as you can see the
Profit Factor jumps up to 7.09 and the % winning goes up to
83.3%
AAPL - RSI 2 closed at 1.23% today
Posted by matt on 17th of May 2012 at 12:10 am
The RSI 2 closed at 1.23% today, over the last 23 1/2 years, this has only occurred 27 times. The odd for a bounce to occur the next day are 81.5%.
However a better strategy is to exit when the RSI closes back above 65%. The second chart shows an example of this. And the last table shows the statistics , as you can see the Profit Factor jumps up to 7.09 and the % winning goes up to 83.3%
we'll see what happens...
rsi 2 was down to
Posted by wowten on 17th of May 2012 at 01:13 pm
rsi 2 was down to 0.38 at one point.
long few calls with fingers and toes crossed
AAPL
Posted by rogerv on 18th of May 2012 at 10:30 am
Thanks Matt for the heads up. Made 10 pts, and gone.