Trading strategies for binary options at 15. Binary Options Strategies
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The system is designed to minute chart but you can deploy the strategy for the lower time frame also. But be careful while assessing the reading as taking the reading in a haphazard way can create confusion and it will lead to big losses. Safety should come first in any form of trading.
The call option means buying the asset when you speculate the price will go higher. The signal line in the BB trigger indicator will go above the zero lines and the bars in the delta trend indicator will be green.
Instead of relying on the indicators data only, you have to carefully asses the support level. If the signal is formed at the resistance or nowhere near the SR level, the trades will not be taken. Take the trade only if you find the conditions filled in the indicator when the price is testing support.
A put option means to sell an asset as you speculate the price goes lower. The BB trigger indicator will have a curve crossing down the zero lines.
What is the Best Binary Options Broker? Binary options trading hinges on a simple question — will the underlying asset be above or below a certain price at a specified time?
The bars in the delta trend indicator will be read. Note that, the price has to test a critical resistance level at that instant, or else, the put option is not valid.
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And avoid taking the put option when you have a major economic announcement even though you might have a perfect trade setup. Be careful with the execution method as a counter-trend trading method increases the risk and makes you vulnerable.
After you feel confident with the result, you can test in different time charts to improve your execution model.