The foreign exchange market known as forex or FX is the largest and most liquid market in the world. It attracts more and more traders with different approaches. Some prefer to stay with the currencies they know. Others like to experiment with new currencies and different timeframes. And this is okay because no two persons are the same and it is not possible that the same … [Read more...] about 3 most popular paths to trade forex at Olymp Trade: day trading, position trading and scalping
Fixed Time Trades strategy with EMA, RSI and engulfing pattern for Olymp Trade short-term traders
Today I will share with you the strategy for Fixed Time Trades. We will use the already known tools: the EMA and RSI indicators as well as the engulfing pattern. The strategy has very simple premises. However, prior training is required to use it. Signals are identified on a 1-minute timeframe. The strategy works best in highly volatile markets. At present, Bitcoin is the … [Read more...] about Fixed Time Trades strategy with EMA, RSI and engulfing pattern for Olymp Trade short-term traders
Simple and effective exit strategies for Olymp Trade
Traders often aim at buying low and selling high. So they focus on developing a good strategy for opening the transaction when the price of the underlying asset is low. But then, they forget to take care of the strategy for exiting the trade at the right time. Having a strategy that will allow you to get out of the trade on time is no less important than knowing when to open … [Read more...] about Simple and effective exit strategies for Olymp Trade
What is FOMO trade and how to deal with that
FOMO is the shortcut for Fear Of Missing Out. It is the psychological phenomenon which is also observed in the trading world. It happens when someone takes action because of the fear he would be otherwise left behind. So this person follows the crowd without thinking too much about the effects of his doings. The FOMO phenomenon in trading Have you ever seen a trader who buys … [Read more...] about What is FOMO trade and how to deal with that
3-step strategy with hidden divergences for trading currencies at Olymp Trade
You will come across many strategies while trading. Some are more reliable than others. Some are based on just one technical indicator. Others combine a few of them. Today, I want to introduce you to a strategy that joins three different indicators. These are the EMA (Exponential Moving Average), the RSI (Relative Strength Index) and the Stochastic Oscillator. How to get … [Read more...] about 3-step strategy with hidden divergences for trading currencies at Olymp Trade
English
Afrikaans
Arabic
Bengali
Filipino
French
Hindi
Indonesian
Malay
Portuguese
Russian
Spanish
Thai
Turkish
Urdu
Vietnamese