The relative strength index (RSI) is a technical analysis indicator that shows the strength of a trend and evaluates overbought or oversold zones in the price of an asset. Traders can use oscillator indicators to determine bullish momentum and open a long position at...
Traders use the Stochastic Oscillator to identify potential trend reversals and to confirm the strength of the current trend. The Moving Average Convergence Divergence (MACD) is another popular oscillator used by forex traders. The MACD indicator measures the...
Day traders in particular must be very knowledgable about the active currencies and market conditions during the hours they trade. The tool automatically detects your local time zone and instantly converts the opening and closing times of all major forex sessions —...
By gaining a better understanding of the market hours, setting realistic goals, and focusing on key events only, traders can have a stronger chance of realizing profits while working a healthier schedule. Along with years of experience in media distribution at a...
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