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Trading with insights
Trading with insights: Smart tools for smarter trades
Successful trading isn’t about guessing — it’s about making informed decisions. That means analyzing price trends, tracking market news and understanding key economic events. But you don’t have to do it alone!
💡 Doto gives you powerful and easy-to-use tools. Here’s what you get:
- Trading signals
- Market analytics
- News updates
- Economic calendar
Let’s explore how these tools can bring simplicity to your trading!
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Trading with insights
Trading signals: Your market GPS
Trading signals help you forecast price movements so you’re not just guessing “up or down.”
💡 Where do Doto’s signals come from?
Doto’s signals are powered by Trading Central, a leading analytics service used by over 100 million traders worldwide. They use:
- Support and resistance levels. Key price zones where the market tends to bounce or reverse
- Technical indicators. Advanced algorithms that track price movements in real time
When the price approaches a support or resistance level, Trading Central predicts whether it will rise or fall, generating a buy or sell signal. These insights help traders make better, data-driven decisions.
⚠️ Remember: Signals are a helpful tool, but they are not a 100% guarantee. Always double-check before placing a trade!
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Trading with insights
How to trade with signals
It’s very easy. Just follow these steps:
- Pick any instrument and press Insights
- Press Trade with signal
- Press Open buy/sell trade using a signal
Leave the rest to Doto! Your trade will autoclose when it hits the target, with the stop loss and take profit set automatically. You can adjust them if you need to.
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Trading with insights
Analytics: See the bigger picture
Want to make your own trading decisions but need some guidance? Doto’s market analytics gives you:
- 📊 Market sentiment. See if most traders are buying or selling
- 📉 Technical analysis. Get insights on short-, medium- and long-term price trends
To see analytics, select any instrument, press Insights next to its name and go to the Analytics tab.
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Trading with insights
News feed: Stay updated in real time
Market news can cause prices to skyrocket or crash in seconds. With Doto’s real-time news feed, you can track:
- Major financial events
- Breaking news that affects prices
- Expert insights on global markets
To stay in the loop, pick any instrument, press Insights next to its name and go to the News tab.
💡 Pro tip: Many expert traders trade during big news events. We’ll dive deeper into this strategy in lesson 8, so stay tuned!
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Trading with insights
Economic calendar: Know what’s coming
The economic calendar is your go-to tool for tracking market-moving events like:
- Interest rate decisions
- Job reports
- Central bank meetings
📅 To find the economic calendar, pick any instrument, press Insights next to its name and go to the Calendar tab.
💡 Pro tip: Check View levels to see how similar events affected prices in the past. This advanced tool is especially useful during big announcements!
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Trading with insights
How to read the economic calendar
Here’s the key to using the calendar: Compare the actual data to the forecast.
🔼 If the actual data is higher than expected, the currency might rise
🔽 If it’s lower than expected, the currency might fall
Focus on big events like inflation, employment reports and central bank decisions — these have the biggest impact on prices.
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Trading with insights
Quick quiz: Test your knowledge
You see an important economic release on the calendar, and the actual data comes out higher than the forecast. What’s most likely to happen?
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Trading with insights
Summing up
Awesome work! You’ve learned how to:
- Use trading signals to find trade opportunities
- Analyze market sentiment and technical data
- Track news updates and economic events that impact prices
- Read the economic calendar to anticipate market movements
Next up, we’ll dive into even more tools to help you manage your risks like a pro. Ready to level up? Let’s keep going!