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rsi

/Tag: rsi

RSI Indicator | How to trade the overbought & oversold condition?

Technical Analysis isn't just about trading the trend. It has techniques up its sleeve to identify the reversal. And the best among the lot to identify the reversal is the Relative Strength Index, aka RSI indicator. It defines the overbought and oversold zones of the market and the RSI crossover from the zones signals a profit booking (correction) rally or trend reversal. So when the trend bucks, make bucks with the RSI indicator. Relative Strength Index - The momentum oscillator RSI indicator is a measure of strength and momentum of the price moves. And the measure is plotted on [...]

RSI Indicator | How to trade the overbought & oversold condition?2019-06-11T15:12:02+04:00

Fundamental vs Technical Analysis: #9 differences that matter

For starters, there are two types of analysis- fundamental and technical analysis. The former calls the later as pseudoscience or voodoo science, while the latter shrugs it off saying ‘as long as I’m in profit, what matters’. But, for a new trader, a question always lingers in mind, which side he/she should opt in- Fundamental vs Technical Analysis. Let us have a brief glimpse of what is what, first. Fundamental Analysis It is the study of accounting books of a company, its stakeholders, and the management’s competency to deliver profits, in the case of stocks. In forex, it turns [...]

Fundamental vs Technical Analysis: #9 differences that matter2019-05-13T17:19:35+04:00