How to Register and Trade Binary Option at Olymp Trade
Register Olymp Trade Account Firstly, to Register on OlympTrade Platform, you will need to find Login / Registration form as above. However, if you already have an account, you...
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How to Withdraw and Make a Deposit Money in Olymp Trade
How to Withdraw Funds From OlympTrade or To begin with, to make a withdrawal on OlympTrade broker you will need to open the menu which is located at the top left corner of th...
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Trading strategy ‘HHLL’: just follow price action
This article will describe a strategy called HHLL. You might have seen similar strategies with other names as this one is based on classic forex principles. The great part of it is that you dont need to use any indicators. The main point is to follow the price action. However, some indicators still can be helpful for better visualization. Besides, feel free to add anything you want to this strategy, personalize it to your liking! By the end, you can even come up with a new, your own strategy, which suits your trading approach and vision.
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All you should know about retracement
This article will introduce one of the most powerful market concepts retracement and show how to operate it at full potential. Retracement is a temporary price movement against the established trend. Why is it so important for a trader? Retracement levels are ideal for defining where to enter the market safely and place a Stop Loss order to minimize possible risks. Seems to be really useful, right? Lets find out together!
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Carry trade strategy
We told you a lot about technical trading strategies. But we want to remind you that there is another important part of trading. Its fundamental analysis. If there is fundamental analysis, there should be fundamental trading strategies too. Lets start with the most common and one of the simplest strategies carry trade strategy. This strategy is based on interest rates. In our fundamental analysis course, we told you that interest rates are a perfect indicator of economic conditions in every economy of the world. Its a fast and clear way to estimate which economy is stronger and as a result, what currency will strengthen. A country with a weak economy has a low interest rate. Its a way of a central bank to encourage credit growth and give business cheap money to pour into the economy. A currency of such country is weak. A strong economy has strong GDP growth and rising inflation. To limit inflation, a central bank has to raise interest rates. This makes a domestic currency go up.
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