Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a standard exchange. For instance, the forex market is made up of two levels; the interbank market and the OTC market where individuals trade through online platforms and brokers.
Since traders use different tolls to analyze a currency, overbought is a subjective term. One of the technical indicators that determines if a currency is overbought, is the relative strength index (RSI).
As well as ‘overbought’, oversold is a subjective term since traders use different tolls to analyze a currency. One of the technical indicators that determines if a currency is oversold, is the relative strength index (RSI).
We are Maite & Marios Krausse, both born in Germany and trade full time in the Foreign Exchange Market (Forex) as independent traders.
Our teamwork began in 1998, when we got to know and love each other. 20 years later after having built our careers, our son was born, making us a happy family. Continue reading...