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One of the skills every trader must acquire is identifying patterns on the price chart. If you trade long enough, you’ll notice certain patterns repeating themselves almost at the same time interval everyday. Continue Reading
The trendline is one of the useful tools provided by IQ Option. It’s primarily used to track price movements along a trend. On the IQ Option platform, it’s presented as a graphical tool. This means you’ll have to draw it on your chart rather than have the platform apply it automatically. Continue Reading
The Simple Moving Average (SMA) is a moving average indicator that’s calculated by adding the recent closing prices and dividing the result with the number of time periods covered by these prices. This indicator is used to determine whether the price will continue moving in the current trend or reverse. Continue Reading
Ever wonder what other traders are doing in the market? Trading philosophy dictates that you trade with the market, not against it. So when buyers are dominating the market, you should enter buy positions. Conversely, when sellers are dominating the market, you should enter into a selling position. Continue Reading
Almost every new trader on IQ Option will lose a great deal of their account balance. Options trading is a high risk-reward venture that must be approached with caution. Continue Reading
The Three Black Crows is a bearish reversal pattern. This forms at the peak of an uptrend. If forms as a series of three long consecutive bearish candles. Continue Reading
In earlier years, options brokers used to manipulate price charts – to their benefit. Then financial authorities came along and clamped down on these activities. So brokers found new ways to take money from traders. Well, online platforms are built to make money from traders. But besides legal ways such as spreads, they have a bag of tricks that’s meant to take more money from you and deposit it into their pockets. Continue Reading
The Simple Moving Average (SMA) is one of the most popular moving average tools used for technical analysis. Using a single SMA has it’s drawbacks. The main disadvantage being the resulting lag due to the fact that SMA doesn’t take many previous price points when calculating the average. Using 2 SMA indicators on the same chart however can give you excellent trade entry points. Continue Reading
The DeMarker (DeM) indicator is an oscillator that relates recent price action to closing prices. As such, it’s used to identify overbought and oversold areas giving you an idea about high risk and low risk buying and selling areas. Continue Reading
There’s no doubt that support and resistance levels are important for technical analysis when trading. However, their true effectiveness is seen when combined with other indicators or specific candles on your chart. This guide looks at using supports and resistance alongside pin bar candles to trade trend reversals on the IQ Option platform.
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