Understand Max Iwamoto's "RSI" Part 1 [Max Iwamoto]

Max Iwamoto Profile

Keisuke Iwamoto. As the nickname “Late-Night Recognition Technical Analyst” suggests, he is a rare no-education analyst in the industry. Even in these days when academic credentials heavily influence society, he continues to struggle daily against the FX market with no formal schooling. With the desire that “now, when anyone can start FX easily, they should acquire skills that allow them to keep winning,” he serves as a columnist and seminar lecturer.

※ This article is a reprint and edit of FX Gokaku.com August 2018 issue. Please note that the market information in the main text may differ from the current market.

Oscillator-type indicators that show the balance of upward and downward movements

From this issue onward, we will take RSI—a representative oscillator indicator—as the theme and explain from basics to advanced and practical usage. The first installment is an overview. While it is not immediately actionable for profit, we believe you will gain knowledge you want to know before you can use it in actual trading, so please read carefully.