The candlesticks form frequently patterns on the price chart. These patterns are used by traders to identify the best points to enter transactions. Today's article is about the pattern that is called the Hikkake Pattern. Its name comes from Japanese and means "hook, ensnare, catch". Introduction to the Hikkake pattern The candlestick pattern known as Hikkake pattern is used … [Read more...] about Guide to Trading the Hikkake Pattern on IQ Option
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A Simple Trading Plan for Making Good Money on IQ Option
For many new traders, coming up with a trading plan is one of the difficult activities they must engage in. Trading without a plan is like blindly shooting in the dark. You're relying on luck to make money. And luck never works when it comes to trading. After scouring the internet for good trading plans, I found that many of these did not cover the essential details. What … [Read more...] about A Simple Trading Plan for Making Good Money on IQ Option
Fatal Trading Mistakes that Will Wipe Out Your IQ Option Account
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
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