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...
Guide to Identifying When Price Wants to Breakout from Support/Resistance on Olymp Trade and the Actions to Take
Identifying support/resistance levels is one of the most important skills a trader must develop. This skill allows you to understand how the price behaves when it approaches the su...
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...
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...
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 ...
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...
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...
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.
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 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. ...
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.
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.