Oversold and overbought levels in Forex show the price of a currency about its real value. Any trader should understand how to identify these levels as it's a crucial part o trading any asset. In general, an oversold asset has a significant loss in its price and is expected to grow, while an oversold market has risen and will go down in perspective.
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How to Identify Overbought and Oversold Levels?
8:03 AM
Jun 25, 2021
7889
Is it good to buy an oversold stock? Of course, it sounds great. However, sometimes the difference between an overbought and oversold asset in the Forex market is not so obvious. That's why professional traders should be well-versed in these concepts, as they directly impact your profit.
Trading on Currency Pairs Correlation
6:54 AM
Jun 3, 2021
9024
In the previous article, we’ve learned about the concept of correlation. It's time to apply it in trading. You don't need any special skills for this. Once you understand how correlation works, you can put your knowledge into practice, even as a novice trader.
3 More Indicators That Are Not Worth Your Attention
11:55 AM
Feb 10, 2021
6920
Let's get back to the topic of trading assistants that are not worth your time and money. In the last article, we talked about two types of such indicators. Today's three programs will close the top five.
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