Sunday, April 18, 2010

RSI Protocol

Among the various types of RSI charts, the seniority list is as below:-

14/1week on 2 year chart (General)

14/1day on 3-month chart (Brigadier)

14/30min on 1-month chart (Colonel)

14/2 min on intraday or 5-day chart (Captain)

To interpret the Captain's move, keep an eye on what the Colonel is doing.

To interpret the Colonel's move, keep an eye on what the Brigadier is doing.

To interpret the Brigadier's move, keep an eye on what the General is doing.

If the junior's actions are ante to his superior expect the junior to be repremanded and forced to change his direction.

Don't take big positions on ante junior positions!

If the General is not tired on a trend-mission it is safe to assume that the Brigadier has not exhausted!

If the Brigadier is not tired on a trend-mission it is safe to assume that the Colonel has not exhausted!

If the Colonel is not tired on a trend-mission it is safe to assume that the Captain has not exhausted!

Therefore,

If junior's state-of-affairs is not ratified by any of his superiors, don't take any position.

If junior's state-of-affairs is ratified by his immediate superior only, take small to medium positions for short term.

If junior's state-of-affairs is ratified by all of his superior ranks, take larger positions for extended peiods of time.

This way, you will never make a wrong assessment of the ground situation.

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