To me, RSI is a fascinating and dynamic indicator. Others may consider it a momentum oscillator only, which works more effectively in a range-bound market, but trust me, it can give you significant signals even in trending markets. If you don't believe me, at least believe Andrew Cardwell, who has said, 'I haven't found anything in over thirty years of work that can hold a candle to what RSI can do.'
Most of the other indicators like moving averages are lagging indicators, as they lack predictive power.
On the other hand, RSI is a leading indicator which can give significant clues about future prices, if we have the ability to decode them.
I call RSI magical, because it can predict prices, because it can tell us where to get in and where to get out.
In a nutshell, these are some of the most important things RSI can tell us:
•RSI can tell us whether the price is likely to go up or down (momentum).
•RSI can warn us through divergences, when a trend is beginning to change (slowdown of momentum).
•RSI can give us trend continuation signals through positive and negative reversals (Andrew Cardwell's brainchildren).
•RSI can even help us set price objectives for negative and positive reversals (again Andrew Cardwell's discovery)
•RSI can pretty accurately tell in advance whether a breakout is going to happen in a channel or a pattern (because it is a leading indicator)

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**Please note our transit times are from the date of dispatch.** We first started out as ?The Paperback Exchange,? a chain of physical bookstores where we would part exchange your beloved books for new stories to transport you to faraway places. However, as shopping started to evolve to online shops and marketplaces, we bid our stores goodbye to become ?PBShop.? This transition has only allowed us to blossom as we now ship thousands of titles to book lovers across the globe. We pride ourselves in being a community of local book lovers which allows our passion and devotion to shine in everything we do. In 2020 we not only celebrated our 20th birthday but our 1st birthday as being completely employee owned after becoming an E.O.T in September 2019. We are proud to be different and embrace standing apart on a book mountain by working from a virtual inventory which allows us to provide thousands of books that may be difficult to get for your bookshelf or your studies. Working with a number of different suppliers allows us to explore other avenues such as puzzles, sheet music and even stationery so we really do have something for everyone. Life is about being versatile in all realms of existence. If this is your first purchase with us, or you are a returning customer, we would like to welcome you to the PBShop family, for there is no friend as loyal as a book. We are a company who put our customers at the centre of everything we do as we understand the importance of reading because once you learn to read, you will forever be free. There are a whole lot of things in this world of ours that we are yet to explore, which is why we will forever inspire curious minds.

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Orders are shipped from our UK warehouse. Delivery thereafter is between 4 and 14 business days. Please contact us if you have any queries about our services or products.

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Bestellmenge	8 bis 17�Werktage	8 bis 17�Werktage
Erster Artikel	EUR 4.45	EUR 4.45

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