Top Four Strategies for Beginners in Binary Options

Top Four Strategies for Beginners in Binary Options

July 26, 2017

For Forex traders, some Binary Option strategies are probably easier and more familiar; In reality, many Forex trading strategies utilize in Binary Options too. If the terms are unfamiliar to you, we recommend learning basic principles of technical analysis in financial markets, particularly Forex. Table of Contents1 Trading Line Strategy in Binary Options2 Important Economic News3 Support […]

For Forex traders, some Binary Option strategies are probably easier and more familiar; In reality, many Forex trading strategies utilize in Binary Options too. If the terms are unfamiliar to you, we recommend learning basic principles of technical analysis in financial markets, particularly Forex.

Trading Line Strategy in Binary Options

Trading market prices start to react by hitting a resistance line. For example, the trade should be performed when the price hit the resistance line.

If the tradeline shows the direction of market bullish, it is time to buy (call) and if the trade line is downward, the suitable deal will be sold (put).

You can see this strategy in the below picture more precisely.

Best Times To Trade in Binary Options

Important Economic News

Sometimes the central bank’s policy of countries is very clear and economists experts can easily guess increase or decrease of economic indicators. For example, when it comes to Eurozone interest rates rises probably a few hours after the announcement, Euro prices will go higher and prior to the release, it is a good time to buy (call).

beginners in Binary Option

Support and Resistance (short-term Hedge)

Sometimes financial markets, fluctuate back and forth between two different prices; At the bottom of this area can proceed to buy (call) and at the upper area can make a sell (put). The advantage of these methods is that you can find opportunities in the financial markets for this system. The important thing that you probably in the area of prices called market range will be able to earn good profits but when the prices were out of range, must wait for new opportunity to built new range of formation.

Martingale in A Short Period of Time

This strategy is usually not recommended but many binary options traders like. There are several ways to do martingale on binary options but a low-risk method as follows: Considers fixed point in a fairly quiet currency market , like the euro to dollar and then if reduction of more than 10 pips in less than 10 minutes, at that point try to buy(call)as much as 5% of your capital, and if any decrease in this market as much as 10 pips again try to buy 10% of your capital (call) If this further decline of 10 pips again increases the volume of its purchases to 20% of initial capital. An increase of over 20% does not recommend.

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Top Four Strategies for Beginners in Binary Options • CloseOption Official Blog