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
Traders are using multiple tools and indicators to improve their trading performance. There are many options to choose from. Sometimes, this variety can absorb you so much, you forget about the simplest methods. And today we will come back to basics, in a way. We are going to discuss a strategy that requires you to … Read more
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 … Read more
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 … Read more
Although the opportunity to earn big is there, it can’t be denied that derivatives trading is also accompanied by a high level of risk. I’m not even going to sugarcoat it: every single beginner trader on Binomo will lose some amount of money, especially at the start. In fact, it’s important to approach investing with … Read more