What is the RMI Indicator?
Do you use price charts to trade securities, FOREX, stocks and commodities? If so, the RMI (Relative Momentum Indicator) could help increase your profits.
The RMI is one of the most potent and accurate indicators available for trading in any time frame.
Are you a short term trader? You will find that the RMI can be incredibly valuable intra-day for trades.
The RMI helps you determine;
Future support and resistance levels
When to enter a trade
When to take profit
When to exit a trade going bad
And more
Who is Philip Elrod?
Hi, I am Phil Elrod, and I live in Richardson, Texas. I have been trading securities personally for more than thirty years (using hand-made price charts in the early days). In the mid-nineties, along came the PC, and computer charting was born. Soon real-time data became available, and finally, the Windows operating system.
eBooks
See the Music of the Market
This eBook describes the unique trading method that is described in See the Music of the Market hard copy, but is an earlier version intended to be read on the computer. This eBook version uses many charts with a black background, and they do not print well. Also, the many trading examples are different than those used in See the Music of the Market hard copy, as it was published after this eBook. If you are a novice trader, or just starting to dabble in securities trading, this eBook is for you. If you prefer a hard copy there is a link in the SHOP to Amazon, where you may obtain one.
Trading Between the Lines
This eBook describes and illustrates the unique trading method that is Trading Between the Lines (TBL). Currently the securities markets are very volatile – making short-term trading all the more desirable. The unique methods employed in the TBL system for short-term trading are easy to understand and follow. The instructions in this comprehensive trading manual are extensive, detailed and can be employed by traders of many different experience levels and suitable for reading on the computer or printing. If you trade FOREX, futures or stocks, you need to know about the TBL trading system.
Basic Technical Analysis
A basic course for the trader with limited experience in security price charting and technical analysis. The course includes an extensive discussion of security price chart interpretation and detailed information about most of the technical indicators used in the Trading Between the Lines method of short-term trading. An excellent primer for those traders relatively new to price charts and technical indicators who desire to expand their knowledge.