2015-06-26_blogCRAIG

Using RSI and MACD in lieu of the NYSE TICK and Market Breadth

In today's video I discuss using the RSI(7) and MACD(12,26,9) in lieu of the NYSE TICK and Market Breadth (Advance/Decline Lines) on other markets. The NYSE TICK and Market Breadth indicators are great for trading the E-Mini Futures... but what about market internals on other markets? You can use the RSI and MACD on Crude Oil Futures, Gold Futures, FX Futures... basically any market... just as you would use the NYSE TICK and Market Breadth indicators on the E-Minis to help identify high probability trades. I hope you've learned something new by watching today's video that you can use in your own trading to help you become more profitable. Have a great weekend!