Binomo has many technical indicators in its offer. You should learn about them and choose the ones that work best for you. This is quite an individual decision. Nevertheless, there are some indicators that are more commonly used than others. Today we are going to describe shortly the 5 most popular ones. 5 famous technical … Read more
Have you heard about the MACD indicator before? The MACD indicator, which stands for Moving Average Convergence Divergence, is an indicator that is commonly used to determine the strength of a current trend and the probability of a trend reversal. By looking at the MACD, traders will be able to see if the current market, … Read more
The Relative Strength Index indicator, also known as the RSI indicator, is a technical indicator that is commonly used to analyze the market. Because of how easy it is to use, it’s also one of the most popular indicators on the Binomo platform. In this short article, I’ll explain all there is to know about … Read more
One of the most popular oscillator indicators is called the Commodity Channel Index. Contrary to what the name may imply, the CCI indicator can be applied to any market, not only to commodities. It measures the present price of a financial instrument against the average price during a certain period. It helps to identify divergences … Read more
How to use Stochastic Oscillator for trading trend reversals The stochastic oscillator is a momentum indicator that aims to compare the closing price of a certain instrument to a range of its prices over a specific period of time. Its sensitivity to market movements depends on the time period set, as well as the moving … Read more
What is the Parabolic SAR indicator? The Parabolic Stop and Reverse indicator is a tool used in technical analysis of the prices of a certain financial asset. The SAR tracks the prices and calculates for the trend that the price is going towards, and displays the calculation as a series of dots appearing above or … Read more
One of the most popular moving average tools used for technical analysis is called the Simple Moving Analysis (SMA), and for good reason too. That said, trading using SMA indicator does have its drawbacks, specifically when you use only one. The main disadvantage is that a single SMA could have a resulting lag, due to … Read more
It is proven that long-lasting trades provide a greater chance of gaining when trading on the Binomo platform. I do not want to say opening positions for a long time is a guarantee of high profits, given the associated risks. You still need to know when exactly enter the market and what course it is … 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
The Relative Strength Index indicator, also known as the RSI indicator, is a technical indicator that is commonly used to analyze the market. Because of how easy it is to use, it’s also one of the most popular indicators on the Binomo platform. In this short article, I’ll explain all there is to know about … Read more