First options binary 60 sec strategy
Price was holding pretty well at 1. On a normal move, I would take a put option there, but momentum was strong on the 2: Several put options almost set up on the 1. So my next trade was yet another call option down near where I had taken call options during my previous two trades. I felt this was a safer move as just half-a-pip can be crucial in determining whether a second trade is won or lost. Call option down at 1. However, the minute after this trade expired in-the-money, the market broke below 1.
This trade was a put option at 1. Nevertheless, this trade did not win as price continued to climb back into its previous trading range. I decided to take a put option at the touch of 1. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward.
But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1.
For this trade, the high of day initially made on the 2: I had intended to take a put option at this level on the 3: And then for maybe seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry.
I did end up using the 1. I took a put option on the touch of the level. Once again, I used the current daily high of 1. But price busted through and this trade lost. Another fifteen minutes passed by before I was able to take another trade set-up.
This time, I used 1. This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. It turned out to be a winner. For put options at this point, I had an eye toward 1. So I decided to take a put option at the touch of 1. This trade turned out to be a nice four-pip winner.
My final trade of the day was a call option back down at 1. This was another good four-pip winner. After that I was waiting for price to come up and see if 1. For all strategies, visit the homepage: This system is based on two indicators only and offers consistent profits. This system on reflection appears suitable for binary option trading as well. The system is based on an average directional movement index ADX […]. This strategy is useful for beginners as well as more experienced traders.
Beginners can run the strategy automatically until they understand it better and then apply some of the more complex principles. Start off by adding: Two exponential moving averages: 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 […].