Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a technical analysis instrument that belongs to the category of trend indicators. In other words, it serves the primary purpose of identifying the direction and reversal points of the market trend.…
Balance of Power — Identifying Market Sentiment
Balance of Power (BOP) is a technical analysis indicator that measures the market power of buyers and sellers at any given moment. It can help you determine the prevailing market sentiment. When using this indicator, you will be able to:…
How to Trade a Falling Stock? Two Rules by Jeff Clark
Some say the next financial crisis is just around the corner. What does it mean for you as a trader? That a lot of companies, that can be found on the IQ Option platform, will lose in price. Knowing how…
Psychological Line Indicator: Trading Strategy & Tips
Psychological Line (PSY) is an oscillator-type indicator that compares the number of the rising periods to the total number of periods. In other words, it indicates the percentage of bars that close above the previous bar over the course of…
Learn to Estimate Asset Riskiness with Ulcer Index
Risk is one of the most fundamental factors in trading. All investors, no matter what asset they trade, try to accurately estimate risk. The reason for that is simple: the latter can — and most certainly will — influence the…
Choosing the Best Time to Trade
Those of you interested in Forex have probably noticed that trading results depend on the time of the day. This phenomenon can be easily explained when looking into the concept of trading sessions. Forex is a 24/5 market, which means…
Improving Your Trades in 5 Simple Steps
Even the most experienced traders can sometimes find themselves financially underperforming. Occasional losses are inevitable, but if the losing streak is extending beyond measure, it’s only natural to ponder. When traders find themselves in this situation, it’s often because they’re…
What Is a Trading Journal and Why Do You Need One?
For a successful goal-oriented trader a journal is a must. In order to become a professional investor, you will have to measure your performance, analyze trading strategies and adjust your behavior. And this is where the trading journal shines. It…
What Time Frame Is Best for Trading Forex?
While charts carry historical data for many years back, with past quotes becoming less significant over time, it’s natural to limit your analysis to one (often, more than one) timeframe, which provides enough information to perform a trade. Defining your…
5 MORE Trading Mistakes That You Probably Make
When trading we all make mistakes, especially in the very beginning of our trading journey as we learn a lot of new things and strive to implement them correctly. Yes, even the most iconic traders make mistakes. But why make…