Three simple and successful binary options trading strategies
Trading the breakouts is a very simple pattern, and traders can use it to profit on the forex markets. How to successfully trade at HighLow is what you are asking. Most of you are struggling to maintain winning trades in a longer period, and this is mainly because you are focusing on indicators instead of analysing candlestick patterns. Of course, the outcome for everyone will be different, and it all depends on your skills, knowledge and experience.
This is a simple IQ Option strategy based on two indicators: Bollinger Bands and EMA. It works really well in our experience, but you need to be patient and follow the rules. After some months of trading and testing, we would like to share with you a 60 second strategy that can make you profits in a long run.
It is a smart and profitable binary options strategy because it protects us from many false signals and generates very accurate call and put signals. Awesome Oscillator inventor, Bill Williams defines the Awesome Oscillator as a better indicator of the driving forces in the stock and commodity markets, and even claims that a trader may successfully invest in futures and stocks by only using it. These indicators, if used properly, do not only provide a high percentage of correct signals, but may be used as different market filters for each other.
Trading 60 seconds could be profitable but you need learn analyzing the charts - read more how to profit with engulfing pattern formation. Pinocchio can be easily implemented in your daily strategy without knowledge of fundamental analysis, you can use it for commodity futures, stocks and Forex trading. It is an advanced strategy which involves mathematical cognition and experience in the financial markets. If you are new to binary option better try it first on a demo account.
This method of trading is described first by Linda Raschke. It is important to identify the graphical model on the chart correctly. If the trader makes a mistake, it can lead to the fact that it will suffer losses. A strategy for traders who prefer medium and long term binary option trades which in our opinion give more chance to make a profit in the long run.
What are Moving Averages?? The most common applications of MAs are to identify the trend direction and determine support and resistance levels. This Strategy can be used for any currency pair. If your looking for something simple and effective to implement, then you cant go wrong with our Powerful 10 Minute Strategy!
As fellow traders in the industry, we personally understand many trading strategies can prove difficult to follow, especially if your new to trading binary options. The period of 10 is set to display the average price of your asset over the past ten days. With the other period of 3, you are seeing the average price of the asset for the past three days. There are three different types of moving averages: Below is an illustrated example of how implementing this strategy would look.
You will notice our two moving averages set at periods of 10 blue line and 3 yellow line. Be sure to set your time frame on you chart at 10 Minutes for we will be placing trades expiring at minutes. So whenever our Yellow line crosses our Blue line, we place a trade in the direction the yellow line is heading. In other words, if yellow crosses blue in an upward direction, we place a CALL trade. If yellow crosses blue in a downward direction, we place a PUT trade.
Remember to place trades with expiry times no longer than 5 — 10 minutes. This binary options trading strategy has been formulated with novice traders in mind, but can also be used by traders from all experience levels.
Bollinger Bands are used as a technical analysis indicator allowing us to measure currents price volatility for any underlying asset. Our visual description below is an example of how your Bollinger Band set up should look like. In order to start using this popular binary options trading strategy, first you need to set the time frame of your chart to 5 minutes. You will need to set up two different moving averages; one set at Blue and the other set at Red. There is no need to change these settings.
Using the bollinger band strategy, you will need to identify three conditions: Identifying the overall trend of a select currency is found by looking at the positions of both Exponential Moving Averages EMA. By crossing the upper band, look for an engulfing Bearish candle. If it crosses the lower band, look for an engulfing Bullish candle. Again, make sure the time frame on your chart is set to 5 minutes because this strategy involves making trades with expiry times of 30 minutes to 1 hour.
We waited until the large red candle stick closed outside the lower bollinger band. After the engulfing candle closed we entered a CALL trade to expire in 30 minutes, at around 10 pips below the closing of previous engulfing candle. As you can see, we are in the money after 30 minutes or even 1 hour.
Sir iwant to invest in binaryoptionatm software. Hi Vamsi, We tested BinaryOptionnsATM a few months ago and were impressed with the results even though their website looks rather childish.
Nevertheless I was happy with the results. Even though you already have an account with Empireoption, youll still need to deposit the a broker recommended by the BinaryOptionsATM software in order to activate the software. Spent a couple of hours reading over and over about Trading Strategies. Until it became clear as to what to do. Printed out the graphs as a reference as well.
Friday was a success with the 10 minute strategy. Will try the Bollinger Band Strategy on Monday. This looks a bit more complicated. Thanks for all your help. I finally feel I am getting somewhere. I want to try the 10 minute moving average strategy with a broker who uses does not provide 10 minutes expiry — Does provide 15 minutes expirary. Should I go with 15 mins using the same 2 moving averages?
Also, I placed these 2 indicators on charts with many other currency pairs and they seemed to work with these.