Moving average calculations One of the tools that illustrate the direction in which the price is heading is called a moving average. A trader can catch the momentum with it, confirm the trend or identify the support and resistance levels. It measures the average price during a certain period equal to the amount of the candlesticks. Let's say you take 5 candles into account. … [Read more...] about All you need to know about moving averages on Binomo
The Bollinger Bands indicator – The Full Guide to Understand How it Works
There are many technical indicators available on the Binomo platform. Their purpose is to simplify the trading process for you. The indicators produce signals for opening the trading position. This article explains how the Bollinger Bands indicator works. The Bollinger Bands indicator basics The Bollinger Bands indicator consists of three lines which are based on simple … [Read more...] about The Bollinger Bands indicator – The Full Guide to Understand How it Works
5 Important Forex Trading Lessons I Learned After 10 Years Of Trading
If you've read on one of our previous articles, Why 90% of Traders Fail, you'll know that there are many things that could go wrong in anyone's trading career. For some, this realization comes pretty early. In fact, 80% of these failed traders actually quit within their first two years of unsuccessful trading. The truth is that trading, specifically Forex options trading, … [Read more...] about 5 Important Forex Trading Lessons I Learned After 10 Years Of Trading
How To Trade Using Railway Tracks Candles Pattern on Binomo
Are you familiar with the different types of candle patterns? There are many, many different types, but you have to know the most important ones that you're going to need while trading. Of course, this depends mainly on what kind of trader you are. For instance, if you're a price action trader, it's best to learn all about the tweezers top and the tweezers bottom candles … [Read more...] about How To Trade Using Railway Tracks Candles Pattern on Binomo
#1 Guide to trade the news on Binomo
The price direction in the markets depends on various elements. The news from the political, financial and economic world have a great impact on what is going on in the markets. The release of the reports can transform the situation in the market very rapidly. Usually, you can expect an increase in the price when the announced report is positive. After some negative news, a … [Read more...] about #1 Guide to trade the news on Binomo
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