Dear Traders, we invite you to a new free training webinar from Evgeny Boguraev. Today we will talk about the relative strength indicator of the RSI. Join us!
The RSI stands for "Relative Strength Index" (relative Strength Index). The indicator can not only show overbought and oversold, but also qualitatively determine divergence and has its own patterns indicating a likely price movement. At the webinar, we would analyze the five signals of the RSI indicator.
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Read more...Indicator analysis is actively used in Forex and CFD trading. This is not a know-how in trading. These indicators are part of many effective trading strategies. For example, traders often use moving average analysis – Moving Average – the indicator is able to qualitatively show a signal for various types of instruments. The main thing is to be able to read signals and make the most of them in trading.
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