how to trade news in binary options

Binary Options Trading Strategy

How To Trade Binary Options:

In this article, I want to show y'all a elementary binary options trading strategy.

In the previous article, I've shown you how binary options work.

If yous haven't read that article yet, please do this first so that you know the basics before we actually start trading binary options.

Because in this article, I volition show you:

• How to configure your charts
• How to find the right market to trade
• How to discover the best expiration to trade and…
• Equally promised: A Binary Options Trading Strategy

And so allow's become started…

How To Configure Your Charts For Trading Binary Options

In the previous article, we talked about all the markets that you can trade:

• Indices like the S&P 500, DOW Jones, Nasdaq, etc.
• Currencies like EUR/USD, USD/JPY. AUD/USD, etc
• … and you tin can merchandise commodities like Gilded, Silver ad Crude Oil equally well.

And as you know, Binary Options tin expire…

• in 5 min,
• in 20 min,
• hourly,
• at the cease of the day
• … etc.

For this very simple trading strategy, I want to know which Binary Options elapse in the next 20 min, so I'k selecting this here:

Right now, we see that only the indices are expiring in the next 20 min.

Depending on the fourth dimension of twenty-four hours, you might also see currencies and commodities here.

But let'southward become started with the indices:

1. Only click on ane of the indices, e.g. United states of america 500
2. And and then select whatever strike price.

This will bring up the nautical chart and an club ticket. For now, we just need the chart.

This is what it looks like:

For this unproblematic Binary Options trading strategy, I want to remove the RSI, and I desire to add together the Bollinger Bands too every bit the Bollinger Bandwidth.

And I am irresolute the settings of these ii indicators to 12 and 2:

Here'due south what I've establish when using Bollinger Bands:

• If prices are moving college and the Bollinger Bandwidth gets larger, prices usually stay ABOVE the Moving Boilerplate.
• And if prices are moving lower and the Bollinger Bandwidth gets larger, prices normally stay Below the Moving Boilerplate.

A Simple Binary Options Trading Strategy

Here's how I utilise this for trading Binary Options:

• When I come across prices moving Higher and the Bollinger Bandwidth gets larger, I Buy a binary option with a strike cost at the Moving Average
• When I see prices moving LOWER and the Bollinger Bandwidth gets larger, I SELL a binary option with a strike price at the Moving Average

I like to use LIMIT orders and I want to see at least $10 in profits.

$x might not sound a lot, but if you tin can do this every 15-xx minutes, it adds upward.

And you could always purchase more contracts:

If y'all would buy ten contracts, you lot would make $100.

Keep in mind that there's e'er the take a chance of losing money!

Just you already know that, right?

After placing the club, all you need to practise it expect until expiration.
In this case:

• If prices close to a higher place 1581.4 in the next 6 min, you lot would brand $x.
• And if prices close beneath 1581.4 in the next 6 min, you would lose $90.

If you demand a refresher on how exactly Binary Options work, read the previous article.

Can Binary Options Make You Rich?

What you have just seen is a very simple strategy for trading Binary Options.

And there are a few restrictions when trading this strategy:

• You accept to be in forepart of your calculator during the day when the markets are open up. And not everybody has time to do that.
• You have to wait for the right setup that I just explained.
• The strategy has a low risk/reward ratio.

I personally use a more than advanced trading strategy for Binary Options that allows you to identify the trades at night so that y'all don't take to worry nearly it during the twenty-four hour period.

I'll show you this strategy in the next article.

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial adventure of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. The lower the 24-hour interval merchandise margin, the college the leverage and riskier the trade. Leverage tin work for you every bit well as confronting you; it magnifies gains every bit well equally losses. Past performance is not necessarily indicative of futurity results.

Source: https://www.fxstreet.com/education/binary-options-trading-strategy-how-to-trade-binary-options-video-202002281947

Posted by: evanshimeaugh.blogspot.com

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