How To Identify and Trade With A Price Trend

How To Identify and Trade With A Price Trend

Proper identification of price trends can take you a long way when trading binary options. This type of price action renders the forecasting task an easier one, and in doing such, can provide substantial profits. First-time traders will want to focus on learning how to spot a trend before concerning themselves with other types of… Read more

Let’s Look at Support and Resistance Again

The goal to using a binary options breakout strategy is to place yourself in position to trade and profit from price reversals. Typically, prospective breakouts are watched closely by traders because they highlight a turning point in market conditions. This strategy is appealing to many traders because it is not reliant upon the time-frame of… Read more

Create A Personalized Risk Management Plan

Part of the appeal of binary options trading is the ability to tightly control risk. While there are several general risk control methods that can be used by all who trade binaries, there also exists the chance to create a personalized plan that will further protect you. In doing so, you will ensure that you… Read more

Fibonacci Expansion on the EUR/USD

Looking at a 24 hour chart for the euro/U.S. dollar can give you a good idea of how to trade this pair over the course of a day, but it is only a very basic look at the problem. To effectively trade the EUR/USD short term, you need to have a firm grasp on what… Read more

How To Forecast Price Action

Quarterly financial reports are powerful pieces of information to all who trade binary options. Or at least they should be. These reports often provide excellent opportunities for market entry, and can even profit multiple chances to enter into profitable trades. When major companies publish their financial data, it is almost guaranteed that share prices will… Read more

How to Avoid Broker Problems

Anyone who has been familiar with binary options trading for any length of time is likely to have heard one or more horror stories related to brokers. Claims of sketchy trading platforms, non-payment of profits, and horrid or non-existent customer service circulate the internet on a regular basis. While we understand the responsibilities of the… Read more