RSI, but MACD too

 Can't think what I want to talk about right now so I'm going to steal from SMB Capital who just came out with a video on RSI - check them out on YouTube (loads of good info). Here's the link since I literally just watched it - https://youtu.be/uiM-TifFKHg?si=1tpi6_nlk7A7KvQz . So What do I have to say that they didn't say. Well I personally use the 70 30 and not the 80/20 but I've used it in the past and the reason I think I went back to 70/30 is because I can see if it get's over 80 but just reading numbers and I think I was more accustomed to the patterns that I'd noticed with the 70/30.  One of the things that I do that they don't mention is that I use it in conjunction with MACD - so I have the studies overlaid. Obviously, I have to mention that there are traders who don't use studies at all and think that they don't help but create an analysis paralysis attitude and can also fake you into selling out of a stock early or buying at the wrong time etc. To some degree, I agree. I don't use any of the studies that I use alone and when it comes down to it, like they say in the video, the studies are just math that may help in showing the state of the price. The price is what matters and how it's moving. Ok so back to the overlay. I like the macD and RSI together because Instead of having using the 50 line of the RSI, I use the MACD 0 line as the RSI 50 line. so Instead of having a 50 line that doesnt' move I had a dynamic MACD line.  I honestly don't know how the math works out but for some reason I see what's going on better this way. Also MACD doesn't really use a top line or bottom line like RSI so RSI's topline and bottom line help me understand the MACD extension a bit better. I've even overlaid the two on the price chart itself and that seemed to be helpful (mostly in analyzing because it's chaos to have to much over your candles). I also want jump on the band wagon that RSI measure relative strength so you can compare price action to RSI and use that as a hint sometimes for example a stock moves up to 10 dollars and has and RSI of 80 and then pulls back some and then spikes back up above 10 to 10.24 or something but the RSI is only 65 this time. Higher prices on less strength? Maybe it will pull in a little. Opposite, I think, is true with growing stronger but having lower or similar price levels. MacD can be used in a similar way. False signals abound  which is why stops are your friend. I think that's all I've got at the moment. There are many videos out there on youtube about both RSI and MACD but not sure if anyone covers the two or different studies combined.  Hope you have a great day or night wherever you are. Cheers!

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