#TradingTools101
🛠️ The right tools = smarter trades.
When I first started, I relied on gut feeling — bad idea. Now I trust my indicators:
📈 Top 3 Tools I Use:
RSI (Relative Strength Index)
My go-to for spotting overbought/oversold zones
Above 70? I prepare to sell. Below 30? I watch for entry.
MACD (Moving Average Convergence Divergence)
Helps me ride trends and avoid fakeouts
I watch for crossovers + histogram shifts.
Moving Averages (50 EMA + 200 EMA)
For trend direction and dynamic support/resistance
The Golden Cross/Death Cross signals are 🔥.
⚙️ How I Combine Them:
I wait for RSI confirmation, then validate the trend with MACD. If price holds around my EMAs — that’s my green light. No single tool is perfect, but together, they build clarity.