Using Andrews’ Pitchfork For Market Analysis

Fork in binary options

Content

    Besides having the necessary technical service on the platform for building trading strategiesthe broker differs from the competition in its reasonable trading conditions: a minimum of 10 USD to open a trading account, and an initial 1 USD for trading positions.

    fork in binary options

    These trading conditions provide a wide range of possibilities, among which, of course, the following stand out: fork in binary options availability of binary trading — a market participant can start the process with a minimum investment and efficient capital management — the trader, having contracts of the minimum value at their disposal, can select optimal risk management regimes in a specific market situation and, as a result, trade on the options market with maximum efficiency.

    This is done by connecting the maximum and minimum market points in the beginning of trend movement formation, as illustrated in this screenshot: As you can see, we simply connect the three market extrema points and obtain a fully formed market price channel in which quotes will continue to fluctuate during trend movement.

    It should also be noted that the fork loses its relevance in the case of breakdown of one of its borders.

    fork in binary options

    In this situation, we build a new channel, which is also indicated in the example. Now, we add a filter indicator to the chart, and proceed to study the signals. As an auxiliary technical means, we use the standard MACD indicator.

    fork in binary options

    These performance indicators help quickly build up working capital in your trading account. The optimal period of expiration in order to maximize the efficiency of the system is 60 seconds.

    During this time period, quotes cannot make sweeping or impulse fluctuations within the fork channel, which allows for guaranteed profitable trading positions. Money management Turbo options, and high-frequency binary options trading in general, differs in its high level of trading risk.

    To ensure your working capital is not subjected to deep drawdowns, minimum trading transactions should be used.

    fork in binary options

    With this in mind, the Binomo company has set the initial value of a contract at 1 USD, which, as we have said, provides ample risk management capabilities for any volume of trading capital.

    This level should be considered the maximum possible and breaking it is not recommended, as it can lead to a total loss of your balance.

    fork in binary options