Category: Forex Trading

Low RSI levels, below 30, generate buy signals and indicate an oversold or undervalued condition. High RSI levels, above 70, generate sell signals and suggest that a security is overbought or overvalued. A reading of 50 denotes a neutral level or balance between bullish and bearish positions. Wilder also spoke to many subtle nuances in how…

In conclusion, forex buy and sell trading is the buying and selling of currencies in the global financial market. Traders aim to make a profit by predicting the future movements of currency prices. Forex trading is a highly liquid market with high volatility, and traders need to be aware of the risks involved. There are…

Ensure the money goes to the right personThe importance of this rule lies in preventing others from misusing your cheque and diverting the funds to a different account. Yes, there are a few circumstances where an account payee cheque can be converted into cash. For example, if the payee is the holder of a power…