Day Trading Forex Day trading forex is a matter of finding entry opportunities for trades, and then holding on until the best exit point arrives. Sometimes this is not a difficult decision. Watching a currency pair, you see that it goes sharply lower. It hits the support floor, and it remains there, without moving higher, for more than one period. Meanwhile, the RSI indicator shows that the currency is oversold. You now have a confluence of indications showing that the currency is oversold, and that it is likely to move higher. You would go long in the base currency, place a stop...
via Forex Day Trading
via Forex Day Trading