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Binary Tools, Methods, Strategies

What is an economic calendar?

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This is a calendar which shows dates on all important economic releases such as Unemployment rates, GDP and Consumer price index. It contains tons of data so it is important to follow only events which concern your preferred assets. This type of calendar is used to perform fundamental analysis.

What is a candlestick chart?

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It is a chart which shows the price action (open/close price) of a certain asset (forex pair, stock, commodity) for a certain period of time. All charts providers allow traders to set up their desired periods which could be from 1 min to 1 year. It is an essential tool for technical analysis.

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