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Showing posts from September, 2023

Tips to become a Successful Trader with Olymp Trade

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  If you want to be a successful trader on the Olymp Trade platform, there are some things you need to know and do. Here are 10 tips that will help you become a successful trader on Olymp Trade: 1. Learn about the different types of tr ading available . There are two main types of trading available – forex and fixed-time. Each type of trading has its own advantages and disadvantages, so it’s important to learn about both before deciding which one is right for you. 2. Choose a broker that offers a good selection of assets to trade. The more assets that are available, the more opportunities you have to make money. Make sure the broker you choose also offers competitive spreads and leverage levels. Personally, I have been using Olymp Trade for several years and my experience has been great. You can test it and decide for yourself. 3. Demo trade first!  Before you start trading with real money, it’s a good idea to demo trade first. This will allow you to get a feel for h...

How to use the Sentiment indicator in Fixed Time Trading on Olymp Trade Platform?

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Introduction:  The Sentiment indicator is a great tool for forex and fixed time traders. It allows you to see how other traders are trading a particular currency pair. This can be very helpful in making trading decisions. In this blog post, we will show you how to use the Sentiment indicator in Fixed Time Trading on the Olymp Trade platform. How to use the Sentiment indicator? The first step is to open the Olymp Trade platform and log in. Once you are logged in, go to the “Tools” tab at the top of the screen and then click on “Sentiment”. This will bring up the Sentiment indicator window. Here, you will see two different tabs: “Currency Pairs” and “Timeframes”. Under the “Currency Pairs” tab, you will see a list of all the currency pairs that are available for trading on Olymp Trade. Select the currency pair that you want to trade. For example, we will select EUR/USD.   Under the “Timeframes” tab, you will see a list of different timeframes that are available. Sele...

How to use the Ichimoku Cloud indicator in Fixed Time Trading on Olymp Trade Platform?

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  Description:  The Ichimoku Cloud is a technical indicator that can be used in forex and fixed time trading. It is composed of five lines; the Conversion Line (red), Base Line (blue), Leading Span A (green), Leading Span B (pink) and the Lagging Span (yellow). These lines are used to identify support and resistance levels, as well as trend direction and momentum. In this blog post, we will show you how to use the Ichimoku Cloud indicator in fixed time trading on the Olymp Trade platform. How to use the Ichimoku Cloud indicator in Fixed Time Trading on Olymp Trade Platform? The Ichimoku Cloud is a technical indicator that can be used in forex and fixed time trading. It is composed of five lines; the Conversion Line (red), Base Line (blue), Leading Span A (green), Leading Span B (pink) and the Lagging Span (yellow). These lines are used to identify support and resistance levels, as well as trend direction and momentum. In this blog post, we will show you how to use the Ichi...

How to use Bollinger Bands indicator in Fixed Time Trading on Olymp Trade Platform?

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Introduction:  Bollinger Bands are a technical indicator that trader can use to measure market volatility. It consists of three lines: an upper, middle and lower band. The middle line is a simple moving average (SMA) and the upper and lower bands are constructed 2 standard deviations away from the SMA. These lines help the trader determine whether the market is overbought or oversold. When market price breaks out of the upper Bollinger Band, it may signal a sell opportunity. Conversely, when market price breaks out of the lower Bollinger Band, it may signal a buy opportunity. In this blog post, we will show you how to use Bollinger Bands in Fixed Time Trading on Olymp Trade Platform. What are Bollinger Bands? Bollinger Bands are a technical indicator that trader can use to measure market volatility. It consists of three lines: an upper, middle and lower band. The middle line is a simple moving average (SMA) and the upper and lower bands are constructed 2 standard deviations awa...

How to use Parabolic indicator in Fixed Time Trading on Olymp Trade Platform?

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  Meta Description: Accurate predictions are the key to success in fixed time trading. Experienced traders use various technical indicators to analyze the market and find the best entry and exit points. In this blog post, we will tell you about one of the most popular indicators – Parabolic SAR. We will show you how to use this indicator when trading on the Olymp Trade platform. What is a Parabolic SAR Indicator? The Parabolic SAR indicator (Stop and Reverse) is designed to identify trend reversals. This indicator is often used in conjunction with other indicators (such as MACD, RSI, or Bollinger Bands) to confirm trade signals. How does Parabolic SAR work? The basis of the indicator’s operation is quite simple. During an uptrend, dots are placed below price candlesticks, while during a downtrend, dots are placed above candlesticks. When the direction of a trend changes, dots also change their position. Thus, the appearance of a dot above a candlestick during an uptrend sig...