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LESSON 1 : UNDERSTANDING CANDLESTICKS

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  What are Japanese Candlesticks? Japanese candlesticks are chart units that display price action for a given period. Each candlestick represents a specific timeframe and gives data about the price’s open, high, low and close during the period. Each candlestick represents a specific timeframe. It gives information about the asset’s opening, high, low and closing price during the period. Standard candlesticks consist of a candle body plus an upper and lower wick. The candle body extends from the closing price to the opening price of an asset for a particular period. The tip of the upper wick of the candle shows the highest price attained during the period. The candle’s lower wick starts at the lowest price seen during the period and rises up to the body of the candle. Bullish vs. Bearish Candles Candles are bullish or bearish depending on the direction of the price during the period they are drawn for. Bullish Candlestick A bullish candlestick forms when the pric...
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STARTING AS A BINARY OPTIONS TRADER: A BEGINNER'S GUIDE

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 Introduction Binary options trading has gained popularity over the years due to its straightforward approach and the potential for significant returns. If you're considering diving into the world of binary options trading, this guide will help you get started on the right foot.  What Are Binary Options? Binary options are a type of financial derivative that allows you to speculate on the price movement of various assets, such as stocks, commodities, currencies, and indices. Unlike traditional trading, where you buy and sell assets, binary options involve predicting whether the price of an asset will go up or down within a specified time frame. If your prediction is correct, you earn a fixed payout; if it's wrong, you lose your initial investment.  Step 1: Understand the Basics Before you start trading binary options, it's essential to understand the basics: - **Call Option**: You predict that the price of an asset will be higher than the current price at the expiry time....
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