#TradingTools101

I rely on technical indicators such as RSI, MACD, and Moving Averages to enhance my trading confidence and minimize emotional decision-making. These tools help me better understand market momentum, trends, and potential reversal zones.

The Relative Strength Index (RSI) allows me to spot conditions where an asset might be overbought or oversold. When the RSI dips below 30 and then begins to climb, I usually view that as a buying signal—especially if it aligns with a key support area.

Another valuable indicator I use is the MACD (Moving Average Convergence Divergence). A bullish crossover—when the MACD line moves above the signal line—is a setup I pay close attention to. If this happens while RSI also shows positive movement, it increases my confidence in the trade.

Moving Averages, particularly the 50-day and 200-day EMAs, are also part of my strategy. I typically lean toward long positions when the 50 EMA stays above the 200 EMA, indicating a strong uptrend.

What boosts my accuracy the most is using these indicators in combination. When I see a MACD bullish crossover, the RSI climbing out of oversold territory, and price reacting to a major moving average, I consider it a high-probability opportunity. This multi-tool strategy helps me make more informed and confident trades.