Trading Against the Crowd on Olymp Trade
The Crowd
The concept of the market crowd has long been known by traders. For many, it is a symbol of inefficient and erroneous trading decisions. And if you have ever found you...
Why is Economic Calendar Important for Traders on Olymp Trade? How to Use It to Trade
Most traders understand that financial news has a significant impact on markets, but many don’t have a good understanding of where to find this news and what to expect from it. When trading, it is always best to be armed with the most current information before you open a position in foreign exchange markets.
Trading the Moving Average Convergence Divergence (MACD) Indicator on Olymp Trade
The MACD (Moving Average Convergence / Divergence) is an indicator used in technical analysis to give estimate and predict fluctuations of the asset prices. The indicator was first described by Gerald Appel in his book “Systems and Forecasts” in 1979. Thomas Esprey added a histogram to the MACD in 1986.
Using Relative Strength Index (RSI) Strategies on Olymp Trade
Relative Strength Index (RSI) Trading Strategies
Today we will go over some characteristics of the RSI oscillator and methods of its professional adjustment. You can get a genera...
Use Forex Economic Calendar for Olymp Trade Trading Strategies
The economic calendar is a fantastic tool to understand what is going on in the markets, but how do you take advantage of it to make more profitable trades? Here are 3 strategies you can use to make winning trades using the economic calendar.
Most traders understand how economic news affects nearly all the trading markets in one way or another. Using data released by the variety of government and private sources on the state of the local, national, and global economies empowers traders to make informed decisions.
However, many traders aren’t exactly sure how to transform their knowledge into making better profits on their positions. If you’re not familiar with the economic calendar or its functions, check out our informative guide. Fortunately, Olymp Trade clients get free access to a customizable economic calendar.
Here are 3 proven strategies on using the Economic Calendar to make more money.
Effective Ways to Use Fibonacci Techniques on Olymp Trade for Profitable Trading
A lot of methods of analysis, which you can use to determine the future trend, predict a company’s cash flow or know the fair value of a stock, are based on mathematics.
You may think that your lack of grasp of mathematics will prevent you from making money by trading in the financial markets. However, do not jump to conclusions. You can use ready-made methods of asset price analysis.
Fibonacci trading is an example of how a complex method has become convenient and easy to apply. Thanks to programmers, traders received several reliable tools for price analysis.
Olymp Trade Bollinger Bands Indicator Trading Strategy
Bollinger Bands (“Bollinger Lines”, or BB) is a technical analysis tool that has the features of both a trend indicator and an oscillator. It determines a possible range of the asset price change according to the nature of its movement and volatility.
Olymp Trade’s Expert Review on Global Financial Crisis
Is it possible to say that the crisis began suddenly? No. The recession was in the air as soon as the economy had been growing rapidly for a long time without lengthy regression.
The coming crisis was now and again associated with the Federal Reserve’s rate increase or a trade war between China and the United States. But the risk factors were diminishing.
In 2018, Donald Trump managed to force the Fed to change its plans and abandon the idea of tightening monetary policy. The trade disputes between Beijing and Washington suddenly ended peacefully.
The new threat came out of the blue. And if we do not take into account the COVID-19 conspiracy theory about the artificial origin of the coronavirus and its planned outbreak, the epidemic exposed the barely healed wounds of the global financial system.
No one knows what is going to happen next. There are a lot of scenarios how the situation might develop. During this difficult period, our task is to get the right information and base our investment decisions on facts and reasoned opinions.
If you want to understand what had happened to the economy and why everyone suddenly started talking about the financial crisis, this article will come in handy. We have provided a brief chronology of what is going on and collected the relevant data that will help you make the right choice.
How to identify a trend on Olymp Trade
Lately, I have released an article about trading with Trend Level Signals next to RSI and support/resistance level. And then I received a question from my readers “How to identify ...
How to use supply and demand zones at OlympTrade
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 g...
How to use supply and demand zones 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 g...
How to use trend lines to trade pullbacks 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 ...