Guide to Identifying When Price Wants to Breakout from Support/Resistance on Binomo 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...
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How to read the Chaikin Volatility oscillator on Binomo?
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...
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How to Download and Install Binomo Application for Mobile Phone (Android, iOS)
How to Download and Install Binomo App on iOS Phone The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems...
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4 trader types you will encounter at Binomo
Traders are generally divided into two categories. One, that earns additional income trading, and the second, that does not earn any income. The second one keeps wondering why. Why am I not earning any additional income? Why does the strategy not work? Is it because of system failure? And so on and on. The answers are plenty because there are a lot of possible reasons why trading does not bring expected additional income. One of the reasons we want to cover in this article, and will be the type of trader you are. Now, let’s review 4 different traders types you may come across trading at Binomo.
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Earn with compounding on Binomo
Do you have a weekly profit target while trading on the Binomo platform? Well, I hope you do. It is proven that having one brings a lot of advantages and has a positive psychological effect. You will enter the transactions that will move you towards your goal. On the other hand, when you reach the weekly target you will know, you can take a break for the rest of the week. In this guide, I want to show you that you have a huge earning potential of at least 20% weekly additional Money. I am going to talk of an example of trading at Binomo for 1 year with an initial sum of $1,000.
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How to Combine the Support & Resistance with the Bollinger Bands at Binomo
The strategy of using Bollinger Bands and levels is a very simple one and it is one of the popular strategies used by many successful traders in the world when trading in Binomo.
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Different Chart Types explained on the Binomo 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...
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Better than any moving average you know. How to use the McGinley Dynamic on Binomo?
The indicator with a name McGinley Dynamic was invented in the 1990s by John R. McGinley. He is a Chartered Market Technician. He was working on an indicator that would adjust auto...