Economic calendar Binary Options 2020

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Economic calendar Binary Options 2020

Risk Disclosure: Binary Options Directory will not accept any liability for loss or damage as a result of reliance on the information contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets. Before deciding to trade any other financial instrument you should carefully consider your investment objectives, level of experience and risk appetite.

Binary options trading strategy – How to trade binary options [Video]

Binary Options Trading Strategy

How To Trade Binary Options:

In this article, I want to show you a simple binary options trading strategy.

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

If you 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 will show you:

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

So let’s get 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 can trade commodities like Gold, Silver ad Crude Oil as well.

And as you know, Binary Options can expire…

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

For this very simple trading strategy, I want to know which Binary Options expire in the next 20 min, so I’m selecting this here:

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

Depending on the time of day, you might also see currencies and commodities here.

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  • Binarium
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    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

But let’s get started with the indices:

  1. Simply click on one of the indices, e.g. US 500
  2. And then select any strike price.

This will bring up the chart and an order ticket. For now, we only need the chart.

This is what it looks like:

For this simple Binary Options trading strategy, I want to remove the RSI, and I want to add the Bollinger Bands as well as the Bollinger Bandwidth.

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

Here’s what I’ve found when using Bollinger Bands:

  • If prices are moving higher and the Bollinger Bandwidth gets larger, prices usually stay ABOVE the Moving Average.
  • And if prices are moving lower and the Bollinger Bandwidth gets larger, prices usually stay BELOW the Moving Average.

A Simple Binary Options Trading Strategy

Here’s how I use this for trading Binary Options:

  • When I see prices moving HIGHER and the Bollinger Bandwidth gets larger, I BUY a binary option with a strike price 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.

$10 might not sound a lot, but if you can do this every 15-20 minutes, it adds up.

And you could always buy more contracts:

If you would buy 10 contracts, you would make $100.

Keep in mind that there’s always the risk of losing money!

But you already know that, right?

After placing the order, all you need to do it wait until expiration.
In this example:

  • If prices close above 1581.4 in the next 6 min, you would make $10.
  • And if prices close below 1581.4 in the next 6 min, you would lose $90.

If you need 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 have to be in front of your computer during the day when the markets are open. 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 advanced trading strategy for Binary Options that allows you to place the trades at night so that you don’t have to worry about it during the day.

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

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk 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 day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.

EUR/USD holds around 1.0900 despite sentiment deteriorates

An unattractive dollar helped EUR/USD reach 1.0926, its highest in a week. The positive market’s mood that lead the way ever since the week started begun to ease. Wall Street trimmed early gains, ends the day mixed.

GBP/USD consolidating above 1.23 as Johnson remains in ICU

GBP/USD is trading above 1.23, yet off the highs as concerns over PM Johnson persist. He remains in intensive care. The safe-haven dollar is gaining some ground as stocks pare gains.

USD/JPY: US dollar sidelined vs. Japanese yen, trading near 109.00 figure

USD/JPY is trading above the 100/200 SMAs as the spot is trying to stabilize above the 107.00 handle amid slightly better market mood.

EUR/USD holds around 1.0900 despite sentiment deteriorates

An unattractive dollar helped EUR/USD reach 1.0926, its highest in a week. The positive market’s mood that lead the way ever since the week started begun to ease. Wall Street trimmed early gains, ends the day mixed.

GBP/USD consolidating above 1.23 as Johnson remains in ICU

GBP/USD is trading above 1.23, yet off the highs as concerns over PM Johnson persist. He remains in intensive care. The safe-haven dollar is gaining some ground as stocks pare gains.

USD/JPY: US dollar sidelined vs. Japanese yen, trading near 109.00 figure

USD/JPY is trading above the 100/200 SMAs as the spot is trying to stabilize above the 107.00 handle amid slightly better market mood.

Coronavirus figures: Why traders should ignore Mondays and Tuesdays, focus on other stats

Figures on Mondays tend to show a drop in cases and deaths in various places in the world. such as Spain, and New York’s figures all provide hope, contributing to a massive stock market rally on Monday, April 6.

Gold: Investors could be getting complacent and gold is great barometer

he USD 1640.00 level is a decent support level to watch as it has been used on six occasions and seem reliable. Even if it does break it will tell you a lot about the state of the market and the perception of the safe-haven asset.

Making money in forex is easy if you know how the bankers trade!

Discover how to make money in forex is easy if you know how the bankers trade!

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In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news.

Top 10 Chart Patterns Every Trader Should Know

Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and.

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Economic calendar Binary Options 2020

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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