Traders often use candlesticks patterns to identify the entry points for their transactions. Today, I am going to present one that is called a Diamond pattern. It has two variations, diamond top, and diamond bottom formations. As you can imagine, its name comes from the shape it creates. It is used to identify the reversal of the trend. How to identify the diamond top … [Read more...] about Diamond pattern at Olymp Trade. Identify and trade trend reversals
In 1969 a book was published by journalist Goichi Hosoda. He described his technical indicator in it. The indicator is known as the Ichimoku Cloud or Ichimoku Kinko Hyo and is translated to "one look equilibrium chart" because you should be able to recognise the trend and catch a trading signal with one look at the chart. Let's see what it is and how you can use it in your … [Read more...] about How to trade Ichimoku Cloud strategy on Olymp Trade
Every trader dreams about high profits and big numbers in his account. And how does your account look like? Do you have consistent profits? No matter how you answered these questions, you probably wish your money grow even faster. In this article, I am going to present 5 simple steps to help you multiply your income at Olymp Trade. 5 steps to grow your income at Olymp … [Read more...] about 5 simple steps to grow your trading account at Olymp Trade
This blog post is for all the traders and investors out there who are looking to make a profit through Olymp Trade. The information in this article will help you decide which indicators are best suited for your trading strategy, so read on! MACD indicator The MACD indicator is a momentum oscillator. It shows the difference in two moving average of prices, typically showing … [Read more...] about 5 most popular indicators for Olymp Trade
You have probably started trading business thinking about thousands of dollars in your account shortly. You hope for one good transaction that will bring you wealth fast and easily. And that you can multiply a small capital to a fortune. Well, if these are some of your thoughts, that is totally okay. But do not fall into a trap of opening numerous transactions just to … [Read more...] about Enough for today. When you should stop trading?