Although there are dozens of strategies and market analysis tools out there, Japanese candlesticks are arguably the most important ones out there. It’s basically impossible to trade on Binomo without understanding them properly, so if you’re interested in possibly trading real money using this platform, you better start learning about them now. That’s why, in … 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
Bullish Engulfing Candle pattern overview Repeatable patterns help in the recognition of the best entry points. The bullish engulfing candle pattern serves as the trend reversal prediction. You will find it at the bottom of a downtrend and so it informs about an upcoming uptrend. The bullish engulfing candlesticks pattern is in the form of … Read more
Guide to Trading Using the Three White Soldiers Pattern on Binomo The Three White Soldiers is one of those useful patterns to remember and keep an eye out for. Simply put, this is a pattern that signals a rigorous rise in prices and often appears after a strong downwards trend. In trading, distinctive patterns sometimes … Read more
There are several chart types available on the Binomo platform. One of them is Japanese candlesticks. The candles form different patterns and the latter is used in technical analysis. By observing candlestick patterns, you get the entry points for your trades even without applying any indicators. Today, I will describe one such pattern for you. … Read more
Have you ever heard of the morning star pattern? If you’re interested in knowing how to identify the bottom of a downtrend, the morning star pattern is one of the best patterns to familiarize yourself with. Many technical analysts view it as a bullish sign since it typically signifies a trend reversal during downtrends. In … Read more
What is Three Black Crows? Is it really about trading? Short answer: YES. The candlesticks tend to form patterns on the price chart. These patterns repeat themselves and so can be used to predict future price movements. Today, I will describe the pattern which develops when the uptrend is coming to an end. It is … Read more
What’s your strategy for making the most out of your trades on Binomo? Have you heard about the 3 candles strategy? For many traders, having a strategy is a great way to earn money consistently. However, a lot of traders make the mistake of thinking that complicated strategies work better than simple strategies. Most believe … Read more
Disclaimer: THERE IS A RISK OF LOSS CAPITAL, *This article refers to Trading with a Demo account only. One of our regular readers has shared his story with us. This story is related to the candle colours strategy described in our blog. Our reader prefers to remain anonymous. For the purposes of our article, let … Read more
What is Three Black Crows? Is it really about trading? Short answer: YES. The candlesticks tend to form patterns on the price chart. These patterns repeat themselves and so can be used to predict future price movements. Today, I will describe the pattern which develops when the uptrend is coming to an end. It is … Read more