rcanessa

The Awesome Oscillator of Bill Williams

by

The Awesome Oscillator (AO) is a technical indicator developed by Bill Williams which determines market momentum (the second of the five dimensions of the market according to Williams) at a specific time based on the last five bars, which momentum is compared with the momentum of the last 34 bars.

In this way the Awesome Oscillator is simply the difference between the simple moving average of 34 periods and the simple moving average of 5 periods which are calculated based on the midpoints of the bars (High + Low) / 2. The Awesome is displayed on the graph as a histogram:

Read more

Bearish Deliberation Candlestick Pattern

by
The candlestick pattern Deliberation Bearish is a trend reversal formation of 3 candles which occurs in uptrends and indicates that there is a probability of a change to a bearish trend. This pattern has an average level of reliability and can be identified as follows:
  • This formation is presented in uptrends.
  • In the first two periods white candles are formed with long real bodies. In the second period, the closing price is higher than the closing price of the first period.
  • The opening of the third candle occurs near the end of the second candle.
  • In the third period we can see a candle with a small real body, usually a shooting star or a spinning top which opens with a gap on the previous candle.

Read more

Confessions of a Forex trader

by
 

Like many people, I came to the world of Trading hoping to make money quickly, I took some online courses, I opened a real account – which obviously loss- and so began my career in the difficult world of trading. It was not easy, many times I was about to leave, then resumed with more force and win, but it was very difficult. This was the most difficult journey of my life, that was more than six years ago, and today I see with nostalgia that time, and whenever I have a chance to talk with rookies in trading, I emphasize that the way in trading is difficult and hard, but the reward is great.

6 years ago I would have liked someone to advise me, to explain to me so much of the trading, but  that was not the case. In this market are few people who tell you things as they are, they are few who will tell you the reality of the trading with words. I try to do it in these confessions, and I hope that you take note.

Read more

Affiliate Program IQOption Affiliates

by

This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders

IQOption Affiliates Review

IQOption Affiliates is an affiliate program created by the reliable and trusted binary options and CFD broker IQOption in order to promote its services and gain new customers (traders) through affiliates, which have at their disposal several advertising tools mainly based on the Internet which were created by the program itself.

Along with the marketing resources, IQOption Affiliates offers excellent commission plans, therefore it is an interesting option for webmasters or website owners interested in monetizing blogs or websites whose main topic is related to financial markets and especially with binary options.

Read more

Trading contests of IQOption

by

The broker IQOption, an online brokerage company specializing in Contracts For Difference (CFDs) and options, regularly organizes trading competitions for demo accounts and real accounts, which offer cash prizes to the winners. These tournaments offer the customers of IQOption the opportunity to test their skills as traders, get further gains and evaluate different strategies to trade binary options (especially in the case of tournaments for demo accounts, which do not present any risk level for the client).

-Registration period: IQOption organizes various trading competitions throughout the year, in which can register all the company’s customers (new and existing). Each tournament has its own registration period.

-Competition period: Each competition has its own time period, which can vary from a few days to several months.

Read more

Binary Options Broker IQOption

by

This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders Review of the Binary Options IQOption IQOption is a popular binary options broker from Antigua and Barbuda that offers a wide range of underlying assets to trade with binary options and CFD trading on currency pairs (Forex), commodities like … Read more

Chart Patterns Formations in Trading

by

Financial markets, including Forex, involves plenty of chart formations, while not all of them are effective. There are many pricing patterns available and some of them give an excellent profit while a few of them doesn’t work good. First and the foremost, the chart patterns must focus on double top pattern and it is the common criteria used to grab the best accuracy. With a possibility to grasp 78% result, trading becomes simple and effective.

Read more

Inverted Head and Shoulders Chart Pattern

by

Inverted Head and Shoulders – An Overview

Inverted Head and Shoulders chart pattern is most commonly used in performing technical analysis for guessing the present downtrend in the Forex market. Basically, the head and shoulders inverted chart is distinguished while the security rate encounters the following attributes:
  • Rates falling down to trough and further rising up.
  • Rates dropping down than the earlier trough and further climbing up.
  • At last, the rates dropping down once again but not so bad like the 2nd trough.
When the final trough reaches, the rate heads up across the resistance at the top of the earlier troughs. Traders enroll for a long time position, while the rate rises beyond the resistance. The 1st and the 3rd trough are described as the shoulders, while the 2nd peak signifies the head.

Read more

+ More