Are you using too many indicators on Pocket Option?

indicators on pocket option

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

Chart Types explained on Pocket Option

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

Choosing Time Frames on Pocket Option

Timeframes Pocket Option

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

Risk Management on Pocket Option

risk management pocket option

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

#1 Guide to understand the idea of trading signals

trading signals

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

What does it mean that the market is oversold or overbought?

overbought and oversold

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

Are Heiken-Ashi better than regular candlesticks?

Choosing between candlestick chart and Heiken-Ashi

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

What you can learn from one month of trading on Olymp Trade

Knowledge after one month trading

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

Support and resistance levels – how to use them

Support and resistance - how to trade them

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