There are a total of about 50 trading assets on Binomo. They include currency pairs, stocks, and indices of stock exchanges, which is basically the standard range for most trading platforms. However, the two most popular assets are EUR/USD and CRYPTO IDX. The first one is the currency pair of the euro and the dollar, and the second is the cryptocurrency index. The crypto index is very popular among Binomo traders. What is it, what are the advantages of it, and why is it more profitable to trade on cryptocurrency than other assets? In this article, we will answer these and other questions related to this topic.
The Fractals indicator – a description and usage
Among the great many currently known technical indicators, traders generally only use the most well-known of them, not paying attention to the other equally effective automatic analysis tools. To remedy this situation, we’ve decided to introduce you to a very mysterious indicator – Fractal Chaos Bands, or, to put it simply, the fractals indicator, which is no more inferior when it comes to efficiency than the more famous automatic indicators.
A trend strategy for trading using the MACD and RSI
The MACD is a trend indicator and the RSI is an oscillator. We can say that these two indicators are the brightest examples of their types. This combination of trend instrument and oscillator is a successful one: when used together, there is a significant increase in the accuracy of the signals. In this article, we will look at the difference between oscillators and trend indicators, as well as review a trading strategy using the MACD and RSI.
The first steps to success in trading
People are not born professionals; they become them. This principle applies to mastering any type of business, including trading. The final road to success depends largely on how it was started. In the case of construction, it is the laying of a reliable “foundation” that ensures steady progress towards the goal. In the case of trading, the situation is similar – the first steps on the way to professionalism should be made correctly. Otherwise, the beginner will simply be disappointed with this method of earning after losing money.
The mobile application from the Binomo broker – an efficient trading terminal
Now you’ll never miss a new rapid wave of rising or falling quotes, and you can be “on the market” at the best times for trading!