Major Takeaways: RSI Indicator Calculation & Formula To calculate the RSI indicator, follow these steps. Step 1: Step 2: Step 3: Step 4: Interpret the RSI value. RSI values above 70 are considered overbought, while values below 30 indicate oversold conditions. RSI Calculation Excel Sheet The RSI Calculation Excel Sheet is a tool for technical … Read more
Reversal Patterns Forex In this post, we will discuss five powerful and reliable reversal patterns in the forex market. Generally, reversal patterns provide a great Risk-Reward ratio potential. We will learn how to identify each one of them and how to trade by using these patterns. What are Reversal Patterns? A reversal pattern indicates a change in direction from a … Read more
The5ers New Bootcamp Programs We are very excited about the new changes in the Bootcamp program All the changes apply to those who are already trading in Bootcamp What are The Bootcamp Programs The5ers presents the first low-entry-cost challenge, where you can prove your trading skills and pay the rest only once you’ve passed. The5ers Bootcamp is … Read more
A Close Look at Order Flow in Forex Trading When looking for an understanding of the financial markets, there are few technical analysis types available. The most popular methods include momentum analysis, which uses mathematical indicators applied to a price to look at the current forces in the market, and fundamental bias analysis, which relays on fiscal … Read more
Look Deeper Into Your Trading Profession If you’ve been following our articles recently, you should know all about the pitfalls of trading, especially when it comes to making it into a wealthy trading career. We’ve told you that it’s one of the hardest professions to succeed in, and it has an inordinately high failure rate. Most … Read more
2023, we are coming for you big time! In this video, Alex hosts Saul Lokier, the general manager of The5ers, and Michael Katz, the CEO of Trade The Pool, to review the 2022 year and to give some hints on what you can expect to get in 2023. 2022 in the5ers We had a very … Read more
Honing Your Craft as a Tradesmith Open a dictionary to the word “Trade,” and you’ll find two distinct definitions. The first is trade as the action of buying or selling goods and services, while the second defines trade as a skilled profession, typically one requiring manual skills or special training. It is no coincidence that … Read more