RSI BAMM Tips

• Look for the Extreme RSI Complex indicator reading to initiate the setup.

• Look for the initial reaction of the complex RSI reading to retest the 50 limit reading at a minimum before completing the Confirmation Point.

• Wait for the divergence of RSI and price, as long as the impulsive RSI retest of the extreme limit does not exceed the reading of the prior complex structure.

• The execution of the trade is triggered at the completion of the relative harmonic pattern that completes at the appropriate RSI BAMM extension level.

• The Acceleration Trigger provides an extremely effective final confirmation signal when it develops following the RSI BAMM Confirmation Point.

The concept of divergence is quantified effectively by the RSI BAMM approach. As a trader, I am constantly analyzing charts, looking for the best opportunities that signal a significant change in the primary trend. The combination of the RSI BAMM approach with the completion of harmonic patterns creates a unique divergent situation that defines immensely accurate trading opportunities. Although these strategies may take some time to integrate into your current trading plan, the advanced techniques represent a substantial advancement of the entire Harmonic Trading approach and serve to filter the best pattern completions. In the years to come, I firmly believe that the RSI BAMM and the other advanced strategies presented in this book will g....