Different Chart Types explained on the Olymp Trade platform
Linear charts Linear, Area chart Price movement can be represented as a line. Area and linear charts are at your disposal for this. But most of the time Japanese Candlest...
How to find reliable support and resistance levels at Olymp Trade
The levels of support and resistance are of great help for traders. Once they are drawn on the chart, of course. And drawing them is not always such an easy task as one can think. ...
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.
How to use the anti-martingale money management at Olymp Trade
There are many ways of trading on the Olymp Trade platform. There are also many strategies to choose from. And to help you earn consistent profit you should develop a good strategy...
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.
How to trade using Price Action in Olymp Trade
Many various ways of trading exist. Traders can choose, among others, from following the trend, observing the colors of the candles on the chart, or using Price Action Trading. ...
How to use Average Directional Index (ADX) Indicator Trading Strategies on Olymp Trade
Technical Indicator Average Directional Index (ADX) The technical indicator ADX (Average Directional Index) determines the presence of a price trend, and also shows the strength o...
Olymp Trade Fixed Time Trading Strategies
A trading strategy is a list of rules one should follow when looking for a quality signal to enter a trade. Compliance with these conditions contributes to making profits. If a trader steps back from them or just trades at random, the outcome of such investments can be quite unpredictable. The Olymp Trade customers use a wide variety of market analysis techniques to find the best trading strategy. These methods help them study the price movements and determine the entry points. Let’s take a look at this step-by-step guide on the use 3 top trading strategies on Olymp Trade and find out which of them meets your needs best.
How to catch tops and bottoms with Harami pattern with Olymp Trade
The Harami pattern is found in the Japanese candlesticks chart. Its name in Japanese means a pregnant woman. It has the form of two consecutive candles, one big and the second smal...
10 Best Technical Trading Strategies on Olymp Trade
Lots of factors affect your trading results. You can’t do anything about some of them, but you can constantly work on your psychology and money management. However, these skills are useless if you are not able to predict the asset price. A successful investment starts with finding a good entry point. And this is what neither strong psychology nor competent money management can help you with. It is essential that you understand when you should open an up or down trade during every trading session. But which method of forecasting should you choose? Are there many ways to forecast which direction the price will go on Olymp Trade? Especially for you, we have prepared this article on the most popular and effective trading techniques. Each section is a brief description of the method. You can use this information to continue your studies. Despite its summary format, the material will help you get a good understanding of the approaches that can be used in traders’ work.
How to identify and trade Inside Bar Pattern at Olymp Trade
The Inside Bar pattern introduction Price action trading relies on the movements of the price on the chart. The candlesticks often form patterns which repeat themselves and thus...
A Complete Guide of Japanese Candlesticks Signals on Olymp Trade
Japanese Candlesticks on OlympTrade Candlestick analysis allows you to understand and predict the market situation without the use of trading indicators. Trading using Japanese c...