Some strategies are based on more than one indicator. The one I am going to show you today combines a Simple Moving Average with an Awesome Oscillator. It is always good to learn about trading strategies. This way you will have a wider range of choices. So let’s see how to use the SMA in … Read more
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
Binomo has many indicators in its offer. One of them is called the Simple Moving Average or SMA in short. It is a very basic tool which gives information about forecasted price direction. The SMA calculates closing prices over some time. It adds them and then divide by the number of periods in which it … Read more
Trading is about making decisions. Decisions related to choosing an asset, technical tools or the length of the position. A trade’s duration very much depends on individual preferences and experience. But what are the advantages and disadvantages of holding a position open for a short or a long time? Firstly, short-lasting positions are risky because … Read more