How to Use RSI (Relative Strength Index)

 

Relative Strength Index, or RSI, is a popular indicator developed by a technical analyst named J. Welles Wilder. RSI is similar to the stochastic in that it identifies overbought and oversold conditions in .

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What the heck is leverage?

In the past, spot forex was only traded in specific amounts called lots, or basically the number of currency units you will buy or sell. The standard size for a lot is , units of currency, and now, there are also a mini, micro, and nano lot sizes that are 10,, 1,, and units respectively.

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