Binomo platform offers numerous technical analysis instruments for its users. It is good to know what they are so you can choose those that work well for you. Today I am going to present a very simple, yet efficient tool known as a horizontal line. Using a horizontal line tool on the Binomo platform A … Read more
Opening and closing trading positions is the main task in trading. Before you decide to sell or to buy you have to conduct a profound market analysis. Various tools available on the Binomo platform will help you in this. But this is not all. Psychology, our emotions connected to our behaviour have also a great … Read more
Identifying when price wants to break through support/resistance and the actions to take One of the most important skills that you should develop as a trader is how to identify support/resistance levels. By becoming equipped with this skill, you’ll learn how to understand price behavior better. The best part of this is that knowing how … Read more
Professional traders give often advice to trade with the trend. This will improve your chances for profitable transactions. But you have a few steps to take. The first thing is to recognise the trend. Next, you must know when exactly open a position. Experienced traders do not have big problems with that. But at the … Read more
On the Binomo platform, you have many technical analysis tools available to help you in finding the best trade entry points. Support and resistance lines are some of such instruments. You can trade only with them when the price is ranging, but they are not sufficient when it comes to predicting the moment the price … Read more
Identifying when price wants to break through support/resistance and the actions to take One of the most important skills that you should develop as a trader is how to identify support/resistance levels. By becoming equipped with this skill, you’ll learn how to understand price behavior better. The best part of this is that knowing how … Read more
On the Binomo platform, you have many technical analysis tools available to help you in finding the best trade entry points. Support and resistance lines are some of such instruments. You can trade only with them when the price is ranging, but they are not sufficient when it comes to predicting the moment the price … Read more