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The Momentum indicator

31/08/2018 admin0 comment

The Momentum is a technical analysis tool, designed with the sole purpose of identifying the trend strength, which in turn is the velocity of price changes. The Momentum is displayed as a single line and is easy to follow. The indicator is easy to get in and will suit everyone — from novice traders to hardened investors. Read the full article to learn more about the indicators and the ways to use it. How it works? This indicator will compare the current price to the price several periods ago. The bigger the…

Trading

Choosing a Trading Instrument That Suits You

29/08/2018 admin0 comment

The IQ Option platform offers an extended list of trading instruments to choose from: options, Forex, stocks, commodities, cryptocurrencies and ETFs. For a newcomer, they all may seem identical but in fact behave quite differently. What works for some assets won’t work for the other, and vice versa. Choosing the right asset to trade is a logical step for a rookie investor. And even if you know about the differences, you may want to dig deeper to find the one instrument that suits you best. In order to understand what instrument…

Trading

The Best Timeframe for You

24/08/2018 admin0 comment

While charts carry historical data for many years back, with past quotes becoming less significant over time, it’s natural to limit your analysis to one (often, more than one) timeframe, which provides enough information to perform a trade. Defining your main timeframe gives you the perfect grounding for identifying the trend and market reversals, and for refining your trade’s entry and exit points with graphical tools and indicators. Choosing the right timeframe is therefore essential for any good technical analysis, which should capture as much relevant data as possible while minimizing…

Binary Options strategy

5 Trading Strategies You Need to Know

22/08/2018 admin0 comment

The number of existing trading strategies is enormous. Some of them work perfectly, while the other demonstrate lackluster performance. Today we are taking a closer look at 5 popular strategies that you should know and think about giving them a try. Chances are, you will find a strategy that fits your personal trading style. Momentum Trading The momentum strategy is easy to understand (but not always easy to implement) — wait until your preferred asset demonstrates rapid movement and open the deal. The move can be in either direction, as both long and…

Binary Options Brokers

An interview with the CEO of Binary.com

22/08/2018 admin0 comment

Due to insufficient interest from the cryptocurrency community, Binary.com cancelled its ICO. Now, the broker plans to wait for the cryptocurrency market to become more rational and mature before it reattempts to launch its ICO. This is expected to happen in 2019. To get a deeper insight into the company’s future plans, we spoke with the CEO of Binary.com, Jean-Yves Sireau. What is your role and how did you get into the financial industry? I am the founder and CEO of Binary.com. I got into the financial industry during my…

Trading

How Becoming a Pro Trader

21/08/2018 admin0 comment

Trading is a desirable pursuit. However, few become professional traders capable of turning a stable profit. In order to become a PRO, you will need to study and practice a lot. Knowing what to learn and how to sharpen your newly acquired skills is as important as your persistence and diligence. Today’s article is a step by step guide that will take you from a rookie trader to a hardened investor. Learning the basics As with any activity, whether profit-oriented or not, you would want to start with the basics. Seems logical,…

Binary Options strategy

Version to trade in flat

21/08/201829/01/2024 admin0 comment

Strategy characteristics Type of strategy:Flat Timeframe:1m – 5m Assets to trade:Any In the evening and at night the market “flats”: it moves calmly within a price corridor. Fluctuations are small, but predictable. Now we’ll tell you how to determine the turning points of quotes in flat. Preparing a template First, choose the Bollinger Bands indicator with the default settings. It will show the moments of maximum price deviation from its mean value. Then select the RSI (Relative Strength Index), which will indicate price reversal points. Apply these settings: Length –…

Market Trends

GBPJPY – Testing 140.00

21/08/2018 admin0 comment

The GBPJPY currency pair has dropped by more than 700 pips since the beginning of the current month. After breaking the support of the channel, the sellers pushed the quotes to the key support within the round level of 140.00. As can be seen in the daily chart below, for several days the strength of declines slowed over support at 140.00. Still, the quotations are located at a considerable distance from the 20-day EMA, and therefore there is a chance of a rebound before the possible further move towards the south. After…

Market Trends

Holiday Season Peak

13/08/2018 admin0 comment

Friday has been disastrous for my last week’s forecasts as TRY plummeted, strengthening safe havens (JPY, USD) beyond expectations. EUR/JPY did not consolidate within 128.30~131.88 range, AUD/USD did not bounce at 0.7365, EUR/USD did not bounce at 1.1510 and GBP/USD found no support. No view has been offered for USD/CAD. Major last week’s events (a week that traditionally included geopolitical, market moving events): Tariffs front: 25% tariffs decided to be imposed as of 23 of August on 16B$ worth of Chinese products. China would retaliate reciprocally. NAFTA: No news under my…

Trading

Pitfalls of Overtrading

13/08/2018 admin0 comment

One of the most common problems faced by traders is overtrading. The surprising thing is that not many traders know they have this problem, while even fewer know how to overcome it. Taking up more trades doesn’t necessarily mean more profit. Needless to say, this line of thinking can be detrimental to your trading performance. Following the tips below when you feel the urge to overtrade can help you fight this costly habit. Stop micromanaging the trade Have you ever found yourself constantly adding to a trade or moving around…

CFD/Forex

3 tips for forex trading

06/08/2018 admin0 comment

There are many traders who make the jump from small to large Forex trading positions without being aware of the challenges involved. Experienced traders will tell you it’s important to know what to expect before making the change. As a trader, it’s crucial to remember that raising the stakes and trading large positions may magnify potential profits, but it also increases risk. Keeping the following three tips in mind can help you better mitigate the risks of moving on to bigger trading positions. Make sure you have sufficient funds First…

Binary Options indicators

What is MACD?

03/08/2018 admin0 comment

As you probably already know, there is no single ‘best’ technical analysis indicator. Each of them has its time and place. However, if asked to choose their favorite tool, a lot of traders would answer “MACD”. Moving Average Convergence Divergence is a trend following indicator that is used to spot an emerging trend, whether an upward or a downward. It is by right one of the most effective and commonly used technical analysis tools ever created. In todays’ article, we will take a closer look at the indicator and learn how to apply it…