Binary options trading formulas and strategy 60 seconds
As a matter of fact, it is, but only when you have no clue of what you are doing. Simply knowing that a strong strategy together with money management can fetch you profits will not be enough. Instead you should understand the logic behind the strategy. However, you should equally have experience in price action. You are recommended to trade for a few months till you get into the veins of the price movement and the other indicators.
The SuperSignal strategy for binary trading is, according to our opinion and experience, one of the best low timeframe strategies. It should be profitable if all indicators were used and money management rules obeyed. Beware of the occasional occurrence of false signals and open trades at your discretion….
GOD strategy is one of the most successful strategies for binary options with one minute 60 seconds expiration time. On average one signal every 15 minutes…. You need to figure out a reversal in the direction of the price and catch a trend. Also, it is more difficult to be as accurate with these trades as the minute trades, due to the inherent level of noise on the 1-minute chart, in my opinion.
Find support and resistance levels in the market where short-term bounces can be had. Pivots points and Fibonacci retracement levels can be particularly useful, just as they are on other timeframes while trading longer-term instruments. Take trade set-ups on the first touch of the level. For those who are not familiar with the way I normally trade the minute expiries from the 5-minute chart, I normally look for an initial reject of a price level I already have marked off ahead of time.
If it does reject the level, this helps to further validate the robustness of the price level and I will look to get in on the subsequent touch. Expectedly, this leads to a lower volume of trades taken in exchange for higher accuracy set-ups. To provide a baseball analogy, a hitter who normally maintains a batting average of. On the other hand, in that same span, he might hit.
Continue to consider price action e. But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. On the first re-touch of 1. Similar to the first trade I took a put option on the re-touch of 1. This trade also won. A third put options at 1. This trade lost, as price went above my level and formed a new daily high.
Price formed a newer low at 1. I took a call option on the re-touch of 1. Basically the same trade as the previous one. You can also add on 21 but not essential […]. This strategy works well with with M15 timeframe and the trades which are opened for 60 minutes in direction of longterm trend or for 30 minutes against the trend.
How to setup the […]. The SuperSignal strategy for binary trading is, according to our opinion and experience, one of the best low timeframe strategies. It should be profitable if all indicators were used and money management rules obeyed. Beware of the occasional occurrence of false signals and open trades at your discretion. How to set up the chart Timeframe: