Online trading is a fascinating world. The reason why more and more people are trying to make money in this world is because at first glance it seems easier than other methods. The reasons are many, for example you can get lower fees, the platforms and the charts that can be found on the web are professional and often free, you can withdraw and deposit cash quickly and get entry bonuses after registration to the platforms You can also work 24 hours a day.
Surely, it does not require any experience even if to really understand something, you need to have some basic knowledge, otherwise I will be like playing Russian roulette. It is also very easy to open a free demo account, to try to take the first steps as well as making some mistakes without having to make any losses.
This we are about to expose is certainly one of the most advanced techniques to understand market trends. Of course, you need a solid base to understand and use these techniques.
In technical analysis we often speak about Gann angles. Let's see what we mean. The Angles of Gann are straight lines that have the function of resistance or support, these lines have a precise geometric inclination defined by price and time.
Angles are defined by numbers that are separated by an "x": to clarify, a 1 x 4 angle indicates that the price rises by one point every four periods. 1 x 1 p is the most important angle: it indicates a line at 45 degrees. If prices are above the line, the market will be bullish; otherwise it will be bearish.The 1 x 1 Gann Angle represents the ideal balance between price and time trends. Another eight Angles of Gann are used to predict future price trends, these eight corners are 1 x 8; 1 x 4; 1 x 3; 1 x 2; 2 x 1; 3 x 1; 4 x 1; 8 x 1. Each of Gann's Angles can provide support or resistance to price movement, according to the trend phase in progress.
Gann's angles essentially represent resistive and supportive trendlines of predetermined angles, which can be traced from a maximum or a minimum. From there all the corners start to derive the line 1x1, which is the fundamental line. In the end the fan of Gann will be formed. The main lines that make up the aforementioned fan are: the 1x1 corner, which, as already mentioned is the most important, and indicates a bullish market until the price remains above; then we find the 2x1 corner which always indicates a strong and bullish market; the 4x1 angle always indicates a strong bullish trend: this is the moment when you can earn a lot if you know how to take advantage of the moment.The 8x1 corner indicates a fleeting moment, often signed by the emotionality of the market, and it is not a phenomenon destined to last more than a few hours.
The 1x2 corner supports the market; the 1x4 is a special moment in that it indicates the phase in which the prices are destined to rise, and then to go down a lot.Gann himself dictated some rules to interpret his schemes in a better way. First, he said that when the trend lines break, the price will move until it reaches the nearest straight line. If, for example, there was a break in the 1x4 support line, the courses would look for the 1x2 and if this was punctured, 1x1. As with classic trendlines, straight lines can also change roles, if a support line breaks, it can well become a resistance line.
CFDs are Contracts for Difference, instruments used to move the prices of shares, government securities, indices, etc., in the market. CFDs are used at precise times in the market. For example, if you think that certain actions, in an already bullish context, could rise even more level, it's time to buy.
We start doing seriously and discovering some styles and techniques to start trading online although we are at the beginning of this new business. The first aspect we will deal with is the so-called Position Trading.
As part of our "study path", after addressing the main basic terms, today we will address a very important topic such as the analysis of trends in Forex market. As we did for the trends at home Trading, today we will deal with issues related to Forex indicators.
The use of Bollinger + RSI's band-based strategy (hereafter John Bollinger) gives us the opportunity to invest in options with daily maturities (remember that binary options allow us to earn up to 85% of the invested capital).