Overbought and Oversold in Forex Trading

One more new concept to learn today which will surely help you in your trading

What happens when an instrument is Overbought or oversold?

You will understand from these that why we always BUY or SELL any specific instrument

SELL EURUSD
SELL GBPUSD
BUY USDCAD
BUY AUDUSD
BUY XAUUSD
SELL USOIL
SELL USDX

—No.1 reason is each instrument is hedged with another
—No.2 is either all these are Overbought or oversold

Overbought stocks are in sell with us
Oversold stocks are in buy with us

Random trading is never going to help you, keep that in your mind

Learn how to trade first and then go for real money and real trading


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