How to read the Chaikin Volatility oscillator on Olymp Trade?
Market volatility is quite an important factor in analysing the behaviour of security prices. The trend changes more often and more rapidly during times of higher volatility. The c...
How to use Three Inside Pattern on Olymp Trade
There are many candlesticks patterns a trader can recognise on the price chart. Later, they can be used to find a good moment for opening a trading position. But first, a trader mu...
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...
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 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 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...
How to use the Advantage of DeMark Oscillator when Trading with Olymp Trade
Olymp Trade provides its clients with a huge variety of different trading tools on their platform. One of the most unique is the DeMark Oscillator, which helps traders identify when markets are overbought, oversold, beginning new trends, and/or experiencing a trend reversal.
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.
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.
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 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. ...