Using a Dynamic RSI to Trade Copper & Gold
In tonight’s video, we layer on an indicator from our upcoming tutorial, the Dynamic RSI, onto the charts of copper and gold.
The Dynamic RSI lets us filter out some of the noise in these markets, eliminating false entries and focusing on truly overbought and oversold zones.
For those of you that enjoy scalping, the Dynamic RSI + Volatility Box levels give you more opportunities to trade and scalp, than our traditional trading plan (with wider stops and targets).
We’ll be releasing this member-created indicator in our next tutorial video, for free.
Using our Futures Volatility Box, we had a total of 0 trades that set up today, for a weekly P/L of $2,398.75.