Does The RSI Give You An Edge? by Larry Connors & Ashton Dorkins
ARTICLE SYNOPSIS ...Does The RSI Give You An Edge? by Larry Connors & Ashton Dorkins
The relative strength index has been heavily used since its
creation, but does it work for you?
The relative strength index (RSI) is one of the most
popular tools used by traders. As such, there are
many books and articles written showing how to
use RSI. Unfortunately, most of the published
material doesn't show any statistical evidence to support the indicator's performance. This is surprising, considering
how popular the RSI is and how many traders rely
upon it. Before using any indicator, it is important to test if the
indic...
AUTHOR: Larry Connors and Ashton DorkinsDATE: NOV 2007SUBJECT: INDICATORS
Laps And Gaps To Get Your Edge by Larry Connors and Ashton Dorkins
ARTICLE SYNOPSIS ...Laps And Gaps To Get Your Edge by Larry Connors and Ashton Dorkins
When a stock gaps higher at the open on bullish news, will
that lead to even higher prices?
When a stock gaps higher at the open on bullish
news, will that lead to even higher prices? This
is the question that many traders ask before the
market opens. You watch the financial news in
the morning and hear a list of stocks set to open higher due to positive news overnight. Then you see a live
report from the floor of the exchange that shows traders
gathered around the post where XYZ stock is traded. You're
told that stock is due...
AUTHOR: Larry Connors and Ashton DorkinsDATE: JUL 2007SUBJECT: Chart Patterns