Area chart Area charts are linear charts which means that the price movements are represented by the line. Japanese candlesticks This particular type of chart is the most widely used nowadays. Candlesticks carry information about changes in the price over a specified time frame. The body and wicks form a candlestick. The body range tells us about the opening price (O) … [Read more...] about 4 Chart Types you can use on the Olymp Trade platform
Trading is strictly connected to winning money and losing them. Do you know that 90 percent of traders suffer money loss? Or that almost 80 percent give up during the first two unsuccessful years? Trading is not always an easy business. Your job as a trader is to learn, develop, improve your knowledge and techniques in order to not end up in those 80 percent. Here I share my … [Read more...] about Forex trading advice from 10 years experience
Forex is one of the markets which you can trade on Olymp Trade. Some beginner traders will choose options over CFDs because trading them is quite simple and offer a steady profit. But let's get familiar with forex. Maybe trading currency pairs will be something that will be more appealing to you. Foreign Exchange Forex is the Foreign Exchange market (FX in short) that has … [Read more...] about #1 Guide to Olymp Trade Forex Trading
When you signed up for the fresh Olymp Trade account, it is time to gain knowledge about the platform. With some previous experience with other trading platforms, it should be easy to get familiar with the Olymp Trade trading interface. And of course, we are here to help you. You can begin with our quick guide to Olymp Trade user interface or just dive into this … [Read more...] about Step-by-step guide to master Olymp Trade user interface
The construction of Bollinger Bands Bollinger Bands is the name of the indicator that determines the extent of changes in asset price. Its construction is essentially based on three moving averages. One in the middle, the other two are on both sides of the former. The width of the range is measured using the mathematical formula of standard deviation. In the indicator … [Read more...] about Bollinger Bands. What you should know about it?