• Successful Binary Options Strategy

This strategy is highly recommendable for amateur and professional traders. Newbies can easily follow its rules and trade it mechanically until they can get the right skills to know the reasons behind the strategy’s rules.

binary options 90 payout 15 min RSI-4 – This short term binary options trading strategy is one of the simplest of strategies for trading very short term binary options contracts. Who is this strategy ideal for? This short term expiry binary options strategy is ideal for intraday binary options traders. The 15 minute chart is used as a trade alert and the 1 minute chart is used as a timing chart to place a binary options contract. System works with any Binary broker (See TOP Binary Options Brokers on our website).

When you have reached the state of complete understanding you can then take advantage of your strategy. HOW THE STRATEGY WORKS For this strategy to work, you have to confirm the trend’s direction. Moving averages can be very useful for it to work. In identifying trends, you go to the fifteen minute chart and look at the candlesticks and see if they are above or under 50- EMA and 200 EMA. In order to assure that the trend is not in a consolidation state or on the verge of changing direction, it is vital for you to know previous lows and highs. In locating lows and highs, you simply have to marl areas where the stochastic oscillator showed oversold and overbought levels. See if prices are stepping down and is below 50-EMA or 200 EMA.

Your goal has to be finding these small retracements in the trend. For call options you have to enter on higher lows and candlesticks have to be above 50 and 200 EMA. It must also be above oversold levels on RSI and Stochastic. For Put options you can enter on lower levels and candlesticks have to be below 50 and 200 EMA. Successful binary options strategy. It also needs to have overbought levels on RIS and Stochastic. PICKING AN ENTRY AFTER CONFIRMING A TREND DIRECTION The approach may differ depending on your experience. Approach 1 The first method is for amateur traders who wish to trade mechanically until becoming skillful with it.

For example, you are looking at candles forming a lower high and RIS and Stochastic levels are almost touching overbought levels. You have to allow current bullish market fifteen minute candle to close and then confirm the retracement’s end.

To make sure that the bullish move is done, you have to change to the five minute chart and observe if a five minute bearish candle is forming. Approach 2 The second approach can be used by experienced trader who have fundamental candlestick knowledge and knows how to make use of price actions. You can also use this if you are great at drawing S/R lines and you are familiar with market volatility.

Successful Binary Options Strategy

Thus, despite of waiting for a five minute bearish candle to be formed, you can have more accurate entries by shifting to the one minute time frame and then drawing the S/R lines. Put in mind that the M5 and M15 needs to be overbought. WHY THIS STRATEGY IS BAD It is not very surprising that this strategy will not work at any market set up. But no strategy actually works in just any condition.

Furthermore, that strategy will need to focus on two key factors, liquidity and volatility. Forex forex trading currencies. These are two of the best indicators for any forex trader, but the short-term trader is particularly reliant on them.