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RSI indicator - Printable Version

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RSI indicator - Carlos Brathwaite - 06-11-2018

The RSI is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace. From the very beginning of my life I have been following this strategy. With Trade12 broker I have more than 250 technical tools and their platform is very much user friendly indeed.