Candlestick patterns are used to determine the best moment to enter the market. There are many different ones and it is a good idea to have an understanding of when and why they appear. Today, we will talk about the pattern that is a signal of the trend reversal. It is called the Three Inside Candlestick pattern. The three inside up and down patterns The name of the pattern … [Read more...] about #1 Guide to recognise and trade Three Inside candlestick pattern at Olymp Trade
Today we are pleased to inform you that Olymp Trade is expanding its offer. This new feature is trading on the MetaTrader 4 platform! It is really worth to consider opening a new account. This way, you can continue trading different financial derivatives and at the same time gain access to new instruments and a new form of trading on the MetaTrader platform. What is … [Read more...] about New opportunity for Olymp Trade traders! MetaTrader 4 is now available!
The Bulls Power indicator overview The indicator called the Bulls Power is used to foresee the reversal of the trend. It is a particularly good indication of the upcoming uptrend, that is the bullish market. And that is why you should enter a long position whenever you notice the Bulls Power is rising. In the opposite situation, when the indicator's line is falling, the bears … [Read more...] about How to use the Bulls Power indicator at Olymp Trade
The support and resistance levels are of great importance to the technical analysis during trading. But they won't tell you much when using it alone. You need to put them together with another indicator or simply with a certain candle type. They can work very well with pinbars. And this is the subject of this guide. I would like to show you how to trade the trend reversals with … [Read more...] about Trading reversals with pinbars and the support/resistance levels at Olymp Trade
There are still a significant number of currency traders who do not have a full understanding of the use of the pending orders. In the meantime, this is a pretty useful feature on the Olymp Trade platform. When specific conditions are met, it will automatically open and close a trading position. Imagine that you are trading EURUSD currency pair. Your technical analysis … [Read more...] about How to Use the Pending Orders to Trade Currency at Olymp Trade