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
Technical indicators are some of the most common and important tools used in trading. There is a great variety of them and choosing the right ones is quite challenging. It may be tempting to use many indicators at once, in hope of obtaining the best confirmation of a signal before placing a trade. The danger … Read more
Charts demonstrate the price movement of an asset and are used in technical analysis to identify and monitor trends, decide on entry and exit points, and spot price reversals. Let’s have a look at all of the chart types available on Pocket Option. Line Chart The line chart is considered to be one of the … Read more
One of the main advantages of Pocket Option is the simplicity of opening a trading position: one only needs to anticipate whether the price is going upwards or downwards and choose the right amount to trade. It is also possible to set the duration of each position to different time frames, and make them as … Read more
Learning how to manage your risks and capital is equally important in successful trading as learning trading techniques and the use of analytical tools. What are some of the components of a working risk management strategy? Let’s have a look at some of the most common ones. 1. Risk tolerance and money management Money management … Read more
Trading is generally buying or selling financial instruments. Success depends on the moment you open a position. And this can be done effectively when you obtain a trading signal. What is it? Are there many types of them? Read today’s article, and you will get the answers. The basics of trading signals A trading signal … Read more
A trader needs to know how to read the market. This is one of the conditions to be on the path to success. It will help in identifying the best places to open and close the position, predicting reversals of the trend and managing risk. You might hear the expression that the market is being … Read more
There are a few types of price charts you can come across while trading. The most popular is the Japanese candlesticks. But is it the best one? How can you utilise another kind that is called Heiken-Ashi? Read today’s article and you will find the answers. What is the Heiken-Ashi candlestick? In Japanese, Heiken-Ashi (or … Read more
Any discipline requires practice. Trading is not different in this matter. You have to learn, work and gain experience to become a master. The beginnings are often difficult, but this is the phase everyone needs to pass through. It can just take longer for some. The newbies often aspire to do all by themselves. Then … Read more
The levels called support and resistance are very useful lines on the price chart. They are of great help when determining the probability of the price breakouts and trend reversals. A lot of traders are relying on this tool. You should know what they are and how to use them properly. The basics of the … Read more