Why Trade this System?

One of the main reasons we chose the EURUSD as the underlying asset of choice to trade this system is because it is the currency pair that is traded the most in the forex market. This ensures that as a binary options instrument, it is available for trading all day long and will have good liquidity, enabling you to get good pricing. You will not have to buy costly bets that will have a greater risk than reward. If you are starting out in binary options trading , this is a great way to start your trading career.

Most binary options brokers do not provide charts for use in trading analysis, so you have to get the charts yourself. Since the underlying instrument is a forex instrument, you can easily get a chart by downloading an MT4 platform from any of the popular forex brokers like forex.

The strategy in question is to be implemented on a minute chart, and the strategy will make use of the following indicators:. In order for the EURUSD to go bullish, we wait for the Parabolic SAR indicator to indicate a buy signal, which occurs when the stars of the Parabolic SAR indicator appear below the price action on the chart.

We also wait for the MACD lines to cross from negative to positive. In order for the EURUSD to go bearish, we wait for the Parabolic SAR indicator to indicate a sell signal, which occurs when the stars of the Parabolic SAR indicator appear above the price action on the chart.

Basics of Binary Trading For Dummies And er You

We also wait for the MACD lines to cross from positive to negative. Once you have got a confirmation of the signals, the next step is to choose the binary option trade of your choice.

If you are bullish on the EURUSD, you can decide to purchase a Touch option contract , selecting a strike price to the upside. Make sure you identify the resistance points and keep your strike price below the resistance so you can be sure the price action will actually touch the price barrier you have set.

In this instance, you can set your price barrier well below the nearest resistance so the price action has no chance whatsoever of touching your price barrier.

3 Ways to Understand Binary Options - wikiHow

Repeat the same trade sequence in reverse fashion if your signal indicates a bearish outcome. Whichever trade you decide to take, you should at least have 4 different trade options to benefit from:.

Automated Binary Options Trading Software - supuwufif.web.fc2.com

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