easy binary options trading strategy

Adept Day traders,

In this commodity I am going to say and explain some useful and simple strategies for newbies.If yous practice your research out in that location you will find and then many strategies which promise fast and sure profit. Their creators depict them as the "holy grail" and many times it needs to subscribe to take a strategy with its indicators without knowing if this strategy really works.Many of them don't work or they piece of work for short term periods and they don't take added value in the long term run.From my feel,you tin find all these paid strategies for gratis and finally there isn't something special about them.Now, I am going to explain you some solid and uncomplicated strategies which are based in logic and in reality.

– Support and Resistance for puts and calls

The most pop strategy particularly for the new traders is "Support and resistance". Y'all should identify the correct spot and yous tin accept telephone call trades in a support area and put trades in a resistance area. How tin you identify these areas? In that location are several ways.One of them is to find how the price acts in older areas and trying to predict the toll movement when the price comes back to these areas.This is the whole value of technical analysis.Predict the future by studying the price behaviour in the past.

In the chart in a higher place you can run across trading opportunities, puts in the previous resistance and calls in the previous support when the price comes back to test once more this expanse. The best market for this strategy is a ranging market in which Due south&R keep the toll into a channel.In a trending market we have many South&R breaks and this means that hither these levels can't go along the price down or upwards.

– Fibonacci Bounces

With elementary fibonacci levels you tin can observe trading opportunities.The well-nigh important fibonacci levels for me is 161.8 , 127 , 61.8 and 78.6. Many times in these levels we have bounces of the cost. Besides, many harmonic patterns are created by these levels.

Look at this chart. Nosotros have leg i-ii , a down move of the market.After that we accept leg 2-three an up movement of the market place.Many times like this chart, the price makes bounces in levels 161.viii  and 127. These are skillful physical levels for South&R.You can combine them with an Overbought surface area for puts and an oversold area for calls (with RSI or a value nautical chart) or with previous S&R in these fibonacci levels and you a loftier probability setup.

How to depict fibonacci?Drag the fibo drawing tool from spot one to spot 2 and expect for the price to hitting these levels.(spot three in this chart)

-Bounces in a trend

This is a uncomplicated solid strategy and requite you the opportunity to trade with the trend.You don't take to place  when a trend begins. You lot have to expect  for a trend and find the correct fourth dimension to bound in.For this you tin use EMAs.

Look at this chart. It's from EURUSD currency pair with a 5 minutes timeframe.In the blue rectangle we have a good up trend.The up trend is strong.All that you have to exercise is to look for the price to hit the EMAs.In the nautical chart I apply two EMAs. A thirteen period (the green one) and a 26 period (the scarlet ane).The price makes a downwards movement in an uptrend and the EMAs can give you a spots in which the cost will stop the downwardly movement and it will go on with the full general up trend. Notice the telephone call pointer in the chart.The price is moving downwards and when information technology hits the red EMA(26 menses) we take a bounce and afterward that the cost is moving with the general upwards trend.For this strategy you can likewise use Tenkan and Kijun of Ichomoku Kinko Hyo.

-EMAs crossovers with Heiken Ashi

In this strategy yous can expect for EMAs crossovers and trade in the beginning of a new tendency.How to do this? Utilize two EMAs. I apply thirteen,26 period EMAs for 5 minutes and 15 minutes timeframes.Find in your metatrader platform Heiken Ashi indicator and drib it to your nautical chart.Why Heiken Ashi?Because they can reduce the noise of the price.In this instance nosotros want a trader with a longer decease similar 15- 30 minutes because the price maybe will move sideways in the kickoff.Look at this nautical chart.

As y'all can come across I apply the EMAs I said to a higher place and I wait for crossovers.In the 2 blueish rectangles we have crossovers.I utilize Heiken Ashi confined in this nautical chart.When I come across a crossover and the Heiken Ashi bar has the right color (ruddy for puts , white for calls) I take trades with 15-30 minutes expiry.On the first crossover y'all can have a put and in the second crossover you tin take a call.

Best Regards,

Kostasze

Source: https://www.binaryoptions.net/simple-strategies-for-newbies/

Posted by: caldwelltherling.blogspot.com

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