Stop Loss is an indispensable tool that controls the risks during trading sessions and avoids losses. But is it possible to trade without stop loss, and do professional traders use stop losses? Let's find it out!
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The European trading session is one of the most favorable for traders. It offers high volatility while the market behaves quite predictably, unlike the American session. That is why most traders start trading with the opening of the London Stock Exchange.
Trading during each trading session is different. To improve your overall performance, you should choose a separate strategy for each session or open all trades during the same time every day. Today we’ll talk about the Scalping strategy for the Asian session.
Oversold and overbought levels in Forex show the price of a currency about its real value. Any trader should understand how to identify these levels as it's a crucial part o trading any asset. In general, an oversold asset has a significant loss in its price and is expected to grow, while an oversold market has risen and will go down in perspective.
