In the search of less lagging moving average. DEMA and TEMA on the Binomo platform

A moving average is one of the most commonly used indicators. It is indeed helpful in technical analysis however, it is characterised by some lag. Is it possible to smooth the fluctuations of the price and reduce the delay? Let’s see how the Triple (TEMA) and Double (DEMA) Exponential Moving Averages are coping with it. … Read more

All you need to know about a Horizontal Line drawing tool on the Binomo platform

Binomo platform offers numerous technical analysis instruments for its users. It is good to know what they are so you can choose those that work well for you. Today I am going to present a very simple, yet efficient tool known as a horizontal line. Using a horizontal line tool on the Binomo platform A … Read more

The Hull Moving Average – a better MA

A moving average is one of the most commonly used technical analysis tools. Many kinds of them exist. A Simple Moving Average (SMA) is the most basic one though, it shows the biggest lag. Then we have, for example, the Exponential Moving Average (EMA) or the Weighted Moving Average (WMA). They focus more on recent … Read more

A day in the life of a trader. The most important trading routines.

Every time a trader begins his day, he should go through the checklist. It may be saved on a computer or written down in a notebook. But what should it contain? Today we are going to list the most important things traders ought to include in their trading routines. Contents Prepare your coffee and read … Read more

How not to take revenge on the market

Revenge trading is not something unfamiliar to most traders. It is, however, something unwanted. It may easily lead to losses and everyone would rather win than lose. So what is it exactly and how to avoid it? Let’s see to this topic today. Contents What is revenge trading? Revenge trading happens when traders lose and … Read more

Trading commitment. Are you a trader or NOT?

There are many factors that contribute to a trader’s success. They are all equally important. You will have to get knowledge about the market and the financial assets and learn to use all the features of the trading platform. Moreover, you will have to develop a trading strategy with the risk management plan included. You … Read more

How to identify the end of the price rally with the Stalled Candlestick Pattern

Candlesticks charts are commonly used by traders. They represent the price changes using candles with wicks. You can clearly see the opening and closing prices or the highs and lows within a certain period. The candlesticks tend to form some patterns that are likely to repeat themselves over time. All these provide very useful information … Read more

How to recognise reversals using the Sushi Roll pattern on Binomo

There are many tools available on the Binomo platform that traders may use. These tools help in taking better decisions about when to enter or exit transactions. And this is an essential step to your success. So let me introduce to you a Sushi Roll pattern with which you will be able to trade trend … Read more

5 favourite technical indicators for Binomo

Binomo has many technical indicators in its offer. You should learn about them and choose the ones that work best for you. This is quite an individual decision. Nevertheless, there are some indicators that are more commonly used than others. Today we are going to describe shortly the 5 most popular ones. Contents 5 famous … Read more

4 market phases in the market cycle you need to know about

The market is never still. The price moves up and down. Often it is very difficult to predict where it will go next. And this prediction is the basis of trading. Opening and closing positions according to what traders believe will happen with the price of the underlying asset. There are so many factors that … Read more