Trading is basically opening UP or DOWN orders. The crucial thing to be successful in trading is knowing when to enter the market. Here the signals come in hand. But are the signals always good? Not necessarily. Some of them may be false. This is why it is important to filter them and not to use too many in the chart. The indicators that might help in this task are called … [Read more...] about Double Stochastic Strategy for Financial Derivatives at Olymp Trade
Having a trading plan is of great importance, yet it is not always an easy task for new traders. Sometimes they try their luck without having one, but this is not the best idea. It is like shooting blindly in the dark. I have made the research and discovered that there are some trading plans available online. They do talk about the amounts of money you should put into the … [Read more...] about A straightforward trading plan to start earning on Olymp Trade
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
Are you tired of sitting in front of the chart for 10-12 hours a day? With pending orders, you do not have to wait for the market to make the desired move. The market works regardless of your presence and your order will be executed automatically. We have already written on the Olymp Trade Wiki about pending orders. Today I will show you how they can be used in trading. How … [Read more...] about Set and forget. How to use pending orders on important price levels?
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