The FX financial products overview The FX financial products are the Forex financial products exchange financial products which means they are the contracts for the exchange of the currencies. The contract allows you to trade one currency for another at a specific time at a fixed rate. You can choose between two kinds of the FX financial products. The first one allows you … [Read more...] about What are the FX financial products on the Binomo Platform and How to Trade Them?
Ask any trader out there and they'll tell you their very own horror story about how they committed the worst trading mistakes that resulted in almost, or in some cases, entirely, wiping out their whole trading account. That said, not a lot of traders are open to sharing their stories with the general public. After all, no trader would like to be known as the trader who lost … [Read more...] about 4 Worst Trading Mistakes That Can Wipe Out Your Binomo Account
How to find the economic calendar on the Binomo platform Log in to your Binomo account. You will find various icons on the left side of the Binomo trading platform. One of them looks exactly like a calendar. Click on it and the economic calendar will open. There are two tabs, 'Upcoming' and 'Past'. You can view past reports and use them in your analysis. But let's focus … [Read more...] about How to read the economic calendar on the Binomo platform
The Japanese candlestick is one of the many technical analysis tools available for traders to make sense of the ups and downs of the market. It originated from a Japanese rice trader named Munehisa Homma, who acknowledged the influence of human emotions on the markets alongside the forces of supply and demand. The technique was first brought to the West by Steve Nison, … [Read more...] about Different Types Of Candlesticks On Binomo
Price direction in the financial markets depends on various elements. News from political, financial and economic worlds have a great impact on what is going on in the markets. The release of such reports can transform the situation in the financial ambience very rapidly. Usually, you can expect an increase in price when the announced reports are positive. After some … [Read more...] about #1 Guide to trade using news on Binomo