Every trader has their story about how they almost or entirely wiped out their trading account. However, very few share these stories for fear of being ridiculed. I recently received such a story from one brave trader. Sent via email, the trader simply stated "I JUST WIPED OUT MY IQ OPTION ACCOUNT". Accompanying the email were two account snapshots which I've posted … [Read more...] about Fatal Trading Mistakes that Will Wipe Out Your IQ Option Account
Using RSI Indicator to Make Profit on IQ Option
Understanding the RSI indicator The Relative Strength Index (RSI) is a momentum oscillator that measures how fast price changes are occurring with regard to an underlying instrument. It's used for technical analysis to identify when an underlying asset is oversold or overbought therefore signaling an impending trend reversal. In the IQ Option platform, you can use the RSI to … [Read more...] about Using RSI Indicator to Make Profit on IQ Option
Guide to Trading the Railway Tracks Candles Pattern on IQ Option
Guide to trading the railway tracks candles pattern on IQ Option There are many different types of candle patterns. For price action traders, the tweezers tops and tweezers bottom candles are among the most important type. These candles have a solid body with a wick at the top or bottom. They often come in handy when you want to spot a trend reversal especially if you love … [Read more...] about Guide to Trading the Railway Tracks Candles Pattern on IQ Option
Guide to Trading Using the EMA Indicator on IQ Option
Guide to trading using the EMA indicator on IQ Option The Exponential Moving Average (EMA) is a moving average indicator. Moving Average indicators are trend-following indicators which smooth out price data creating a line that follows the trend. Many traders opt for the EMA over the Simple Moving Average. The reason for this is that EMA reduces lag by placing more weight … [Read more...] about Guide to Trading Using the EMA Indicator on IQ Option
Pin Bar candlestick Quick Guide
Pin bar pattern Pin bar is a candle with a small body and a long spike or wick directed upwards or downwards depending on the direction of the market. Meaning of pin bar on the chart For those who follow the candlestick analysis, this pattern is a strong signal of a future trend reversal. If the wick of a pin bar points up the price is predicted to go down. If the … [Read more...] about Pin Bar candlestick Quick Guide
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