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Quantum Code Review

por Editoria RVQ (2019-02-27)


These free report and the trading Quantum Code Review video are full of valuable content that you need to go through. Bill Poulos is another veteran Forex trader and Forex educator who is highly respected by the Forex community. Recently he has also released his Flexible Forex Day Trading Risk Shield Video that gives away his ace Forex trading tricks that can shield your Forex trades from risk while at the same time triple your Forex profits. You need to go through both the free report and the two free trading video if you are really interested in mastering Forex trading.The RSI or Relative Strength Index is one of the most popular indicators used in forex charting. Like the Parabolic SAR, it was developed by Welles Wilder, one of the great technical analysts of our age known for his expertise with trading and FX charts. However, it has a very different function.The Relative Strength Index is a momentum oscillator. It compares the price gains of a stock or currency pair to its losses and expresses this as a number between zero and 100. A trader can use the resulting number to determine when a market may be overbought or oversold.When you set the RSI showing on your forex charting trading system, you can set horizontal lines at the points that you choose to use as triggers. Generally, if the RSI is under 30 the market is oversold and heading for a reversal. If over 70, the market is overbought.Therefore as a rule, traders set their marker indicators on either 30 and 70, 25 and 75 or 20 and 80. When the RSI crosses these indicators they take a signal to buy or sell the currency pair.Clearly, if you use the weaker signal of 30 and 70 to open a trade you will be getting in on a trend nearer to the beginning with the expectation of making bigger profits, but at the same time you are likely to get more false signals resulting in losing trades. Waiting for the stronger signal of 20/80 will bring you more winning trades but with a little less profit per trade, other things being equal.

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