You Can't talk about trading without mentioning indicators. While most people overlook the advantages of indicators, especially price action, I believe indicators are still valuable, in this video, the analyst brings out a key concept about RSI. Anyone following this is almost 50% making it in Forex. The analyst have used GBP/JPY illustrations but this method can be used in almost all other pairs..
RSI is momentum oscillator measuring the speed and any slight change of price movements. This indicator oscillates between zero and 100.
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09-09-2016, 01:49 PM #1
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