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

Trading EMA indicator at Pocket Option

EMA trading pocket option

EMA, or exponential moving average, is a moving average (MA) technical indicator that follows the direction of a price trend. It is a ‘moving average’ indicator as the average price level is calculated by taking the sum of price points over a specific time period and dividing it by the total number of points i.e. … Read more

Is The Golden Cross a Holy Grail of trading?

The Golden Cross

Traders usually open the transactions basing on the signals received from the technical analysis tools. Sometimes, a candlestick pattern or one indicator is enough to provide trading signals. Sometimes, traders use a combination of a few. Today’s strategy called a golden cross relies on two moving averages. Is it really such a golden method of … Read more