What is rsi in Forex?

[Upoctin]

Here is how we use RSI (Relative Strength Index) in Forex market. We see RSI indicator numbers ranging from 1 to 100, and if SI is above 50 it is up, if it is below 50 it is down. No ray, buy if it is below 20, sell if it is above 60.

[maspluto]

The existing analytical skills must be able to be well cared for, this is needed and necessary so that traders can be better and can be maximized in carrying out trading activities in accordance with expectations while on a real Tickmill account.

[Namu]

On 1/22/2021 at 10:30 AM, maspluto said:

The existing analytical skills must be able to be well cared for, this is needed and necessary so that traders can be better and can be maximized in carrying out trading activities in accordance with expectations while on a real Tickmill account.

Therefore traders must learn trading analysis and at the Tickmill broker, does market analysis need indicators too, and is there any education on how to work about good trading analysis, how does it work and can it be used for free by traders or have to pay?

[Tindenucac]

risk has always been and will be, there is no way to get away from this, but good traders should understand this and adhere to this

[Cairdarsy]

if it was really about risk, then this is a significant moment in the work of traders, this can greatly affect the size of your profit

[Erienner]

risks in forex are different, in order to reduce at least some part of it, work with a reliable broker and do not fall for scammers, for me the quality and reliability option is Expertoption, an excellent platform with excellent staff

[Gidencenti]

risk in forex is to work according to unverified schemes and choose a dubious broker for yourself

[Vaabum]

If I'm not mistaken, there is a special collection of certain trading concepts, I advise you to read it.

[FXOpen Trader]

On 6/30/2022 at 2:10 AM, Vaabum said:

If I'm not mistaken, there is a special collection of certain trading concepts, I advise you to read it.

We must learn and try to understand the Technicals in the Forex markets first before doing the trades.

[Vaabum]

13 hours ago, FXOpen Trader said:

We must learn and try to understand the Technicals in the Forex markets first before doing the trades.

Absolutely right. This is an extremely important task in terms of work.

[FXOpen Trader]

20 hours ago, Vaabum said:

Absolutely right. This is an extremely important task in terms of work.

If  the risks that are present in our trades will stay under control then we would be able to do Better Trades.

[Vaabum]

On 7/2/2022 at 9:21 PM, FXOpen Trader said:

If  the risks that are present in our trades will stay under control then we would be able to do Better Trades.

Yes, there are more than enough risks in our work.

[Saimon]

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[boltushkin]

The Relative Strength Index (RSI) in Forex is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a currency pair. Values above 70 suggest the asset may be overbought, while values below 30 indicate it may be oversold, helping traders make decisions about potential trend reversals.