7 Best Short Term Trading Strategies to Try in Olymp Trade

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Are you a trader in Olymp Trade? Do you prefer short to long positions when trading? Then chances are, you have been looking for the best short term trading strategies to apply on your Olymp Trade Account.

To compensate your frustration from long searches from other sites, Joon Online will give you exactly what you have been searching for. 

In today’s post we show you 7 best short term trading strategies to try on your Olymp Trade account.

Beginning with: –

  1. Scalping.

Scalping is a short term trading strategy which involves analyzing charts, executing and exiting trades in a matter of minutes.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

This trading strategy is for those Olymp Trade traders who love fast results, while still ready to apply high expertise and experience in correct prediction.

Because it is fast paced, you will enter and exit so many trades within the day. And lucky for you if your winnings are more than your loses.

  1. Moving Average Crossover.

Moving averages are known to form very effective trading strategies.

When you are thinking of short term trading, you need to use short period moving averages such and MA 10 and 20.

Using long period moving averages like MA 100, 200 and so on, will be unsuitable for short term trading on Olymp Trade.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

After applying the two moving averages, a short and long moving averages, it’s now time to trade. Observe the two moving averages and trade once they crossover.

Trade up if the short moving average crosses over the long on upwards and down if the short moving average crosses over the long one downwards.

  1. Pullback Trading.

Strong uptrend and downtrends are interrupted by short-lived price reverses before they shortly resume.

These short-term reversals are called pullbacks or retracements.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

What needs to stick in your mind is that after every pullback, the primary trend will resume.

Ideally, pullbacks provide you the perfect opportunity to buy low or sell high.

And if you get it right, you stand a bigger chance to win that trade.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Wondering how to trade pullbacks?

Spot a strong trends first, then wait until the price seems to reverse. You will know it was a pullback when the price starts resuming the initial trend.

Enter the trade in the direction of the initial trend.

Are pullbacks suitable for Olymp Trade short term trading? Definitely.

  1. Momentum Trading.

Price momentum proceed in the direction of the trend. The worst mistake you can do is to trade against the price momentum or trend.

What is  best to do when trading this strategy, is to trade the direction of the momentum. If the price seems to display so much momentum upwards, you are best suited to buy.

What if the price displays so much momentum downwards? GO ahead and sell.

Always obey the trend and momentum and you will be safe surfing the markets.

Momentum trading is a common short term trading strategy because the price is always showing momentum in either direction.

  1. Range Trading.

A price range is where the price trades in a confined channel between an upper level and a lower level.

These levels may be horizontal support and resistance levels or any other diagonal levels, as long as it is a channel.

But how do you trade price ranges?

Ranges are traded similar to support and resistance levels – you buy at the lower level and sell at the upper level. This is because the price tends to reverse upon hitting either levels.

Here is the catch.

Do not enter the market just immediately. Rather, wait for successful retesting of the upper or lower level.

Afterwards, you can trade.

  1. Breakout Trading

A breakout is a condition where the price trades out of a predetermined range and moves away from such a range.

Determine a range of levels where the price tends not to break upwards or downwards first. Then wait until that level is broken upwards or downwards.

Once the price breaks out of the range, be patience until the price falls or rises again to that same level it has broken.

The price must not break back into the range. If the retesting occurs severally with success, then enter the market.

Speed is key in trading breakouts.

You must enter the trade immediately the breakout is confirmed so that the incoming trend does not leave you behind.

  1. Reversal Strategies.

These short term trading strategies rely heavily on your capacity to identify reversals in the current trends.

Reversals can happen either upwards or downwards.

You can predict which side a reversal will happen to by observing the price.

Ideally, prices make overrated swing highs and swing lows when they are about to change direction.

But that information alone isn’t enough to decide when to trade? 

If such exaggerated swings occur at the same levels as pivot points, support levels or resistance levels, then you can be sure that a reversal will happen.


*Risk warning:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
 

Start Trading 

Related Posts


The CCI Divergence Trading Strategy

Top 5 CCI Trading Strategies for Olymp Trade.

What is CCI? CCI stands for Commodity Channel Index. The Commodity Channel Index (CCI) is a technical indicator that compares the current price of an asset to the average price over a given number of ....

Aroon Signal Threshold.

Top 5 Aroon Trading Strategies for Olymp Trade.

What is the Aroon? Aroon is a technical indicator that shows trend changes in the price of an asset and the strength of the trend. It also gives bullish and bearish entry signals. In matters ....

The DeMarker-Price Action Strategy

Top 5 DeMarker Trading Strategies for Olymp Trade.

What is DeMarker? The DeMarker is a technical oscillator that measures the demand of an asset, usually abbreviated as DeM. It works by comparing the most recent high and low prices to the previous high ....

Bearish Signal confirmation

Top 5 MACD Trading Strategies for Olymp Trade.

What is MACD? Are you new to trading and are wondering what MACD is? MACD stands for the Moving Convergence Divergence. It is one of those trading tools that technical analysis traders use to identify ....

Stochastic-Channel Trading Strategy.

Top 5 Stochastic Trading Strategies for Olymp Trade.

What is Stochastic? Did you just begin your journey in trading, tried to flip open that trading platform, found the stochastic indicator, and are wondering what sort of thing Stochastic is? Stochastic is an oscillator ....

Bearish Harami reversal candlestick pattern

How to Trade the Harami Reversal Candlestick Pattern in 2021.

What is the Harami Reversal Candlestick Pattern? The Harami reversal candlestick pattern is a two-candlestick trend reversal setup. Harami in Japanese means ‘pregnant’. It takes this name because it resembles an expectant mother. The pattern ....

Runaway Gaps

How to Trade Runaway Gaps in Olymp Trade.

What are Market Gaps? Market gaps are areas where the price skipped and did not trade. A market trading upwards may skip an area on the chart and the next candlestick opens higher than the ....

Observe Price Swings.

How to Identify a Trending Market without Indicators.

What is a Trending Market? A trending market is one whose price shows sustained momentum towards a particular direction. If the price shows sustained momentum upwards, then the market is trending upwards. However, if the ....

Is $100 Enough to Start Trading Forex?

Is $100 Enough to Start Trading Forex?

If you are new to Forex and Fixed Time Trading then chances are you have wondered how much you need to start trading. Should you start with the minimum amount brokers allow as a minimum ....

Inside bar trading strategy

How to Make Money Trading the Inside Bar Strategy.

What is the Inside Bar? The Inside Bar is a candlestick whose whole dimension is contained within the dimension of a previous candlestick. It is a candlestick pattern that comprises first the mother candlestick, then ....

Pullback Trading

How to Trade Pullbacks in Olymp Trade like a Pro.

What are Pullbacks? To trade pullbacks on Olymp Trade like a pro, you must first understand what pullbacks are. Pullbacks, also called retracements, are periods of price correction before the primary trend resumes. The price ....

7 Best Trading Strategies for Volatile Markets.

7 Best Trading Strategies for Volatile Markets.

Volatile Markets are those markets where the price rises and falls rapidly and sharply. That means there are very fast and wide price fluctuations in the markets. Did you know that volatile markets present the ....

7 Best Trading Strategies for a Small Account.

7 Best Trading Strategies for a Small Account.

Do you have or intend to hold a small Forex or Fixed Time Trading Account? Are you wondering which strategies are suitable for a small account? Then you are in the right place. In today’s ....

7 Best Day Trading Strategies that Work.

7 Best Day Trading Strategies that Work.

If you are a day trader, you must be looking for day trading strategies that work. But your search from other sources must have always proven unfruitful. That might be the very reason you are ....

How to Make Money with Non-Directional Strategies

How to Make Money with Non-Directional Strategies

What are Non-Directional Strategies? Non-Directional Strategies are neutral strategies that are not based on the direction the market moves. Whether markets move up or move down, these strategies will generate profits. They are the complete ....

Forex Overlapping Fibonacci

Understanding the Forex Overlapping Fibonacci Trade Strategy

What is the Forex Overlapping Fibonacci Trade Strategy? The Forex Overlapping Fibonacci Trade Strategy is a forex trading strategy which utilizes the confluence of Fibonacci levels with other Fibonacci levels, support levels, resistance levels, pivot ....

Top fixed time trade strategies for Olymp Trade

Top Fixed Time Trade Strategies that Work in Olymp Trade

Top Fixed Time Trade Strategies that Work. Breakout Strategy. Gap Fill Strategy. Support and Resistance Strategy. Moving Average Strategy. 1. Breakout Strategy. This is one of the common forex trading strategies. Prices of assets move in ....

5 Best Trend Trading Strategies for Beginners.

5 Best Trend Trading Strategies for Beginners.

Did you just begin Forex Trading in Olymp Trade? Then chances are, you have traded with the naked eye, lost, and are now looking for best beginner forex trading strategies to improve your winnings.  And ....

Best Trading Strategies - How to Use Technical Indicators to Come up With Olymp Trade Trading Strategies.

5 Best Trading Strategies of 2020

Can I tell you one thing about trading strategies? They need continuous improvement. Market conditions are not rigid but fluctuate now and then. That calls for flexibility and adaptability on the part of the trader ....

Best Strategies for Olymp Trade FTT

7 Best Strategies for Olymp Trade FTT Trading

Imagine a captain sailing a ship without the compass direction and the map of the voyage, what do you think would happen?  Wouldn’t that be an aimless and almost impossible journey? Well, such is trading. ....

Read More
 
Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Comment on this post