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.
3 More Indicators That Are Not Worth Your Attention
11:55 AM
Feb 10, 2021
6921
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.
The Indicators That Are Not Worth Your Attention
2:32 PM
Jan 28, 2021
44479
Today the life of a Forex trader has become much easier. We have various little assistants that help us make the right trading decisions. One of such helpers is indicators. They give us hints on when and how to open and close trades. And there are a lot of such programs. The MT4 platform alone contains about 50 of them. And thanks to the built-in MQL4 language, knowledgeable developers can create absolutely any indicator.
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