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Where there’s money to be made, be sure that there’s a bunch of fraudsters waiting to cash in. The internet has made it easy to make money legitimately such as by trading through the IQ Option platform. It’s also given rise to a new breed of fraudsters who use this technology to rob unsuspecting traders. Continue Reading
Support and resistace are a good way to identify the prices at which a trend is likely to reverse. But, they cannot effectively help you determine the direction the price will take. That’s why it’s best to use support/resistance alongside another indicator. In this guide, well use the Relative Strength Index (RSI) in conjunction with the support/resistance. Continue Reading
The Moving Average Convergence Divergence (MACD) is a trend following and momentum indicator. It’s one of the simplest and most effective indicators to use when trying to identify trends and possible trade entry points. This indicator has two moving averages that oscillate above and below a center zero line. Continue Reading
One of the most complex indicators offered by IQ Option is the Fibonacci lines. However, once you understand how to use it, it becomes a great tool for trading trend reversals. This guide will guide you teach you about Fibonacci lines and show you how to trade using it on the IQ Option platform. Continue Reading
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
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
