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There are many candlesticks patterns a trader can recognise on the price chart. Later, they can be used to find a good moment for opening a trading position. But first, a trader mu...

A year has passed since I began trading on the Olymp Trade platform. Sometimes I won, sometimes lost. But I was convinced that money is within my grasp. I only had to find out how ...

Is it possible to say that the crisis began suddenly? No. The recession was in the air as soon as the economy had been growing rapidly for a long time without lengthy regression. The coming crisis was now and again associated with the Federal Reserve’s rate increase or a trade war between China and the United States. But the risk factors were diminishing. In 2018, Donald Trump managed to force the Fed to change its plans and abandon the idea of tightening monetary policy. The trade disputes between Beijing and Washington suddenly ended peacefully. The new threat came out of the blue. And if we do not take into account the COVID-19 conspiracy theory about the artificial origin of the coronavirus and its planned outbreak, the epidemic exposed the barely healed wounds of the global financial system. No one knows what is going to happen next. There are a lot of scenarios how the situation might develop. During this difficult period, our task is to get the right information and base our investment decisions on facts and reasoned opinions. If you want to understand what had happened to the economy and why everyone suddenly started talking about the financial crisis, this article will come in handy. We have provided a brief chronology of what is going on and collected the relevant data that will help you make the right choice.

The indicator with a name McGinley Dynamic was invented in the 1990s by John R. McGinley. He is a Chartered Market Technician. He was working on an indicator that would adjust auto...

Technical Indicator Average Directional Index (ADX) The technical indicator ADX (Average Directional Index) determines the presence of a price trend, and also shows the strength o...

Lately, I have released an article about trading with Trend Level Signals next to RSI and support/resistance level. And then I received a question from my readers “How to identify ...

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Our support service received a message: “Hello. Please delete my account. I can no longer cope with the stress. I do not want to make money by trading!” A representative of the company contacted the person, and it turned out that he was, in fact, a perfect trader. Only the last two weeks turned out to be unprofitable, and up to this point the yield of the account had grown exponentially for 3.5 months. Why did he feel the desire to quit the job that brings a stable profit? Here is the story of our client, which we publish with his permission.

To trade is to take a risk. Sometimes you may lose everything. And if it happened to you, you are not alone. But only a few share their stories because they are afraid of being emb...

Divergence is often used by traders in their search of the best points to enter trading positions. What is it, what are the types of divergences and how to trade with them? These q...

Despite the pandemic, The Forex Expo hosts managed to keep their offline show alive. The event took place in the Dubai World Trade Center, one of the stand-out city skyscrapers. We are happy to say that the Olymp Trade team has come back home with an award and unforgettable impressions!

The decentralized Forex market is open 24 hours a day, 5 days a week. Quotes of the currency pairs are constantly jumping because some traders are buying dollars, while others are trying to get rid of the Japanese yen in a panic. This is what day traders and gladiators have in common: their job is to enter the market every day to earn money. In spite of the risks, there is always hope for success. However, not every trader knows that Forex assets have their time-bound peculiarities. We are going to tell you more about them.