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Today,
5 ITM ✅
1 OTM
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What is the difference between RSI and Bollinger Bands?
Relative strength index is a leading momentum oscillator that identifies the rate of change of price. Bollinger Bands are lagging indicators of volatility that identify asset prices that have deviated from the mean. RSI and BBs are combined to get strong reversal signals while trading oversold or overbought markets.
what is bollinger band indicator..?
Bollinger Bands® gives traders an idea of where the market is moving based on prices. It involves the use of three bands—one for the upper level, another for the lower level, and the third for the moving average. When prices move closer to the upper band, it indicates that the market may be overbought.
How does RSI indicator work?
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
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What does 3 green candles mean?
As the name suggests, the pattern consists of three candles, which are green in colour. Traders believe that this formation signals an upcoming price reversal because of the strong buying pressure.
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What is the simplest binary option strategy?
If the price seems to be rising, you call, and if it goes down, you put. This is the simplest of the binary options strategies, but even it isn't that straightforward in reality: While the price of an asset might be in an upwards or downwards trend, these trends don't follow a straight line.
Money management system
👉 Use 5% of your deposit and risk same value for trades and target trade 3 ITMs
Eg:- Initial Deposit $300
trade value - $15
Profit for 3 Itms - $36.9
FAQ -
Disadvantages If I try for 4 ITMs when I have 3 ITMs Already..?
When you have 3 Itms you reached maximum earning potential per a row. It's Close target as 4 out of 6 ITms
Should I Stop when I get 3 Itms..?
No you can trade, But Decrease the trade value for 1 - 1.60% , that means for $300 t
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What do Bollinger Bands tell us?
Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Further, the pair of bands is not intended to be used on its own. Use the pair to confirm signals given with other indicators.
What is RSI Buy Signal?
The relative strength index (RSI) provides short-term buy and sell signals. Low RSI levels (below 30) generate buy signals. High RSI levels (above 70) generate sell signals.
What is RSI Indicator.?
The relative strength index is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength
EUR/USD✅
GBP/USD✅
EUR/USD✅
GBP/USD✅
GBP/USD✅
EUR/USD❌
GBP/USD✅
Today,
6 ITM ✅
1 OTM
What is candle strategy?
Candlestick trading is a strategy in which the price on the previous 'n' candlesticks is observed and then you decide your next trade on the basis of that observation. Hence, if the price is increasing continuously for say, 3 candlesticks, then it is highly probable that it will rise further.
Are green candles bullish?
If the body is green, it indicates a stronger bull market than a red body. This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure
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Can I be a millionaire by trading?
It is possible to become a millionaire by trading your own money, but it is also important to note that it is a high-risk endeavor. There are many factors that can affect the success of trading, such as market conditions, the effectiveness of your trading strategies, and your own emotional and psychological state.
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