STRATEGIES
How to Read Stock Charts – Introduction for Beginners
Stock charts are numerical charts that help in understanding the price action and behaviour of the stocks. The trading chart on a stock provides crucial information that helps a trader to develop a strategy and understand whether the stock should be bought or sold. Charts are vital in the trading world irrespective of the type of asset and they can be considered as one of the primary tools for technical analysis.
Read more: How to Read Stock Charts – Introduction for Beginners
3 Important Types of Price Charts for Trading
Price charts are one of the most important tools used for trend analysis in stock, commodities and forex trading. Price charts are graphical representations of the changes in the trading volume or price of a stock. Technical analysis involves recognizing the pattern of changes by plotting them on various charts, using different relationships.
How to Read Candlesticks in Trading – Introduction for Beginners
Candlesticks or Japanese Candlesticks are a type of price chart used to represent the movements in the price of a stock, currency or commodity. It is an integral part of the technical analysis for forex and securities trading. The chart is known as candlesticks chart as the data is represented using the shape of a candlestick. These charts are packed with information and represent the trading patterns during a specified period of time accurately.
Read more: How to Read Candlesticks in Trading – Introduction for Beginners
How to Trade with Japanese Candlesticks
Japanese candlestick charts have been used for centuries to understand the market and financial investments. The candlestick charts provide more detailed information about the market compared to the line charts or bar charts.
Money Management in Binary Options Trading
In the last years, retail traders saw the online trading business expanding rapidly. Not only Forex brokers increased their activity and marketing efforts, but also binary options ones. Binary options trading and Forex trading are not that different. If you look at the products offered for binary trading, most of them are currency pairs.
This makes a good Forex trader able to trade binary options too. Is this valid the other way around? Probably not.
How to use the Economic Calendar in Binary Options Trading
The decision to trade a financial product comes because of either technical or fundamental analysis. Or, both.
While technical analysis deals with interpreting chart patterns or technical indicators, fundamental analysis consists of trading based on interpreting the economic news.
For this, the economic calendar is key. Consulting it should be part of every trader’s ritual.
Read more: How to use the Economic Calendar in Binary Options Trading
Binary Options Strategies: Golden and Death Crosses in Binary Options Trading
Technical analysis as we know it today wasn’t like this all the time. It changed together with the personal computer. Nowadays, traders simply open a trading platform, choose a currency pair, and then apply whatever the technical instruments available. It’s easy, fast, and pays results.
Read more: Binary Options Strategies: Golden and Death Crosses in Binary Options Trading
Trading with Elliott Waves Explained for Dummies
Created by Ralph Elliott in the 1940’s the Elliott Waves Theory remains a unique approach to trading. It is the only trading theory that considers human nature and the impact of market psychology on the way the prices move.
Trading Binary Options with Bollinger Bands - Strategies and Hints
One of the most popular trend indicators, the Bollinger Bands indicator was developed by John Bollinger. To this day, traders use it mostly to ride a trend. However, that’s not the only way to trade with it. And, when it comes to binary options, we must be aware of the time frame used so that we can adjust the expiration date.
Read more: Trading Binary Options with Bollinger Bands - Strategies and Hints
Trading Binary Options with RSI Indicator - Strategies and Hints
RSI or the Relative Strenght Index is one of the most popular indicators to analyze a market. Before anything, it is an oscillator, meaning it will appear in a separate window, typically at the bottom of a chart. The idea of an oscillator is to compare its movement with the one the price makes. On top of it, the oscillator shows a move’s strength or weakness.
Read more: Trading Binary Options with RSI Indicator - Strategies and Hints
A Great Trading Strategy: Combining RSI and Bollinger Bands
We’ve treated so far the Relative Strength Index (RSI) and the Bollinger Bands indicators in two separate projects, explaining how to trade binary options based on their interpretation.
Read more: A Great Trading Strategy: Combining RSI and Bollinger Bands
Trading Binary Options with RSI and Bollinger Bands - HowTo
In the first part of this project we laid down the two indicators and why we decided to combine them in the search for a reliable system. It is time now to set up the rules and to explain when and how to trade binary options with this method.
Read more: Trading Binary Options with RSI and Bollinger Bands - HowTo
A Guide for Trading Rising and Falling Wedges
Technical analysis is the art of forecasting future prices based on previous patterns. As such, traders use various tools to get as much information when it comes to projecting prices. Some use indicators, like trend ones or oscillators. The idea is to find out discrepancies between the price and the indicator and, based on interpreting them, to find the perfect striking price for a call or put option.
Trading with Andrew’s Pitchfork Part 1 - Rules
One of the greatest trading tools that exist, Andrews Pitchfork appears on all trading platforms with the default settings. No matter what you trade, the three lines that make the Pitchfork will always help in finding the right market direction. That is correct: the whole concept is based on three parallel lines. Developed by Alan Andrews, the Pitchfork starts with a great debate: where to position the initial three points?
Trading with Andrew’s Pitchfork Part 2 - Strategies
The first part of this project looked to set up the rules of how to apply Andrew’s Pitchfork on a chart. We used the daily Silver chart, or XAGUSD, and explained step by step the reasons for drawing the Pitchfork like below.
Read more: Trading with Andrew’s Pitchfork Part 2 - Strategies