Leading and lagging indicators on the Binomo platform explained

Traders use indicators in technical analysis. It does not really matter whether you prefer day trading or swing trading. Indicators are always helpful. They provide information about the behaviour of the prices in the market. Generally, we can divide them into two classes, leading and lagging groups of indicators. How are they different? Which one … Read more

All you need to know about moving averages on Binomo

Moving average calculations One of the tools that illustrates the direction in which the price is heading is called a moving average. A trader can catch the momentum with it, confirm the trend or identify the support and resistance levels. It measures the average price during a certain period equal to the number of the … Read more

Choosing the most profitable instrument on Binomo demo acount

Choosing the right financial instrument is crucial if you are thinking about being a trader. You should know the choices your broker is providing, and then decide on something that will produce the highest profit. Losses will happen too, that is certain. But with the right asset, you will be able to cover them in … Read more

#1 Guide to Trading with Bollinger Bands and RSI Indicators for Long and Short Positions on Binomo

Luckily for beginner traders, Binomo offers several technical analysis indicators that can greatly help when trading on the Binomo trading platform. Two of the easiest, as well as most popular, indicators to use are Relative Strength Index (RSI) and Bollinger Bands. Alone, they’re a great way to predict market movement and possible trend reversals. Together, … Read more