Guide to Identifying and Trading with Trends on Binomo

Recently, I posted an article that talked about using Trend Level Signals with relative strength index (RSI) and support/resistance levels. After a couple of hours, readers started emailing me, asking “how do you spot a trend?” It’s a very good question, and often a neglected one. I feel that experienced traders do it naturally, so … Read more

How to use a trendline to trade on the Binomo platform

The Binomo platform offers a very useful graphical tool which is a trend line. You will need to draw it yourself, but I will guide you through this procedure. A trend line follows the movements of a price along a trend. During an uptrend the trend line joins higher lows. During a downtrend, it connects … Read more