The technical indicators can be used alone, but often they provide wider possibilities in combinations. This article is about such a combination. There will be two indicators that work together to give you better signals to open trading positions. Some long-term traders claim, that the market tends to change direction every 20 days. Naturally, you cannot count on it 100%, … [Read more...] about How to combine the RSI with the Donchian Channel for successful Fixed Time Trade strategy
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
The price in the markets is in constant motion. It rises and falls creating trends. The base of trading is buying and selling on price changes. To find the best points for the transactions you can use the help of indicators. Olymp Trade has many of them in its offer and today I will describe the one called the Momentum oscillator. The momentum oscillator basics The momentum … [Read more...] about How to use the momentum oscillator at Olymp Trade
Traders use the help of many different tools to conduct an accurate analysis of the market. One of such tools is a trend line. It is the line drawn on the chart that indicates the incline on a sequential series of candlesticks. The trend line may form the basis of the trading strategy. And today's article is about using the trend lines to trade pullbacks on the Olymp Trade … [Read more...] about How to use trend lines to trade pullbacks at Olymp Trade?
Supply and demand is something that drives the markets all over the financial world. The law of demand says that the demand is inversely proportional to the price. When the price goes up, the demand is lower because the buyers do not want to spend too much money to buy a product. But when the price goes down, the demand is higher because the buyers buy eagerly. The law of … [Read more...] about How to use supply and demand zones at Olymp Trade