Binary Options Strategies and Resources

Welcome to the strategies and resources post, here we wish to enlighten you on how to learn how to earn trading binary options.

We shall share strategies and great sources of info that has helped us along the journey and we trust they shall help you too.

Firstly we don't suggest newbies to trade on short term options , rather place long term trades based on what you learn from the fundamental method using economic calendar as described below...

I usually wait for economic news that makes a high impact on the markets.
USA news works quite well as USD is paired with majority of the currencies. Especially NFP (Non-Farm Payroll) and unemployment changes(check out investopedia link below for important news to follow as a trader).

I follow the same economic calendar strategy they explain...

A) Trading Binary Options Fundamental News Method

• Await the news release (Economic Calendar's) 
• Select pair on broker platform and watch the 15min chart I like trading EUR/USD, tend to change here and there playing USD/CHF pairs and USD/JPY.
• News results released 
• Watch 15Min chart and wait for candlestick to know when to enter (candle stick you watching needs to be within area of prior candlestick,once confirmed, next candle stick above or below the previous one will signal Call or Put.
• Place Trade 1H30Min to 4H

By following candle stick price action entry method (brilliant book that helps a lot to identify price action and momentum is CandleSticks Made Easy  invest in your education before investing into the unknown).

You are then able to catch the trend as most of the noise happened 15 to 45 mins before and you will see from the candlesticks on 15min charts (they say you can use 5 min chart too, I've found more success on 15 min),enter a long term trade (in binary terms at least) 1Hour 30 Min to 4 Hour, (We intend to try longer expiration times soon, on paper it went well)....should put you ITM.....

PS: don't get too excited and enter too early, wait for the candle.....

B) Touch Me Baby Strategy

Another adaptation to the above method is the one touch exotic trades offered by a few Binary Brokers.
Basically you can not lose with this one as long as you choose to trade on the correct news, very good for a passive trader.

This is how to do it:

• Big economic news release soon.(eg: NFP)
• 15 mins before news release, select the touch up, touch down trade option on your broker platform (we found 24Option to be best for this method).
• Now select the option that pays 250% profit.
• Choose a common pair eg: EUR/USD.
• 10 mins before the the news release you will enter your trades.
• You will enter a touch up and at the same time a touch down. same expiry.

So an example of what happens here is you place a $100 trade to win $250.
With the correct choice of news as below pic, you will definitely win one. resulting in a good profit anyway the price moves.
If you really lucky it might just hit both touch up and down and leaving you smiling for days (although that is rare).

The above 2 strategies works best with 24Option  due to the exotic options they offer.

Little tip, I don't trade a pair if they both have important news within 1 to 4 hours of one another.For example, if USD has news for 14:30 and EUR has news for 16:00 then we don't trade on EUR/USD but rather make a trade on USD/CHF at 14:30 and another trade at 16:00 on EUR/GBP. Also only trade on popular currency pairs as the news results have more impact on them.

Will share some posts on money management (Very important) and results from trading the fundamental way with some candlestick analysis to determine entry point... Using this method I place trades for one and half hour to four hour expiration times ...

C) Binary Simple Method

We've been having some good results using the Binary Options Simple Strategy that was created by the brilliant DWHM Trading and extremely informative Binary Options World (binary options basic strategy) while practicing on iqOption. 

• Await non volatile times - no news releases in the near future 
• Opening 5min chart over 45min period
• Place trade in direction of the opening price 45 mins ago
• Trade expiration should be 15mins to 45mins

Go ahead try it on the demo account from  iqOption   and see how it fairs for you.Or just open a $10 live account and that could be the start of a new life.

Checkout below for more strategies and information

1. More Binary Options Strategies
2. Wikihow binary options trading
3. Invest

We trust this really helps you guys out there as it has Inno and I ...

To your success . .

More Trading binary options Strategies

Trading Binary Options is not a get rich quick scheme and who ever promises you should signal a warning to you.

This takes effort, practice and smarts to be profitable in the long run and earn you some decent money, and yes eventually you can quit your job and run your life trading. 

But don't kid yourself, this doesn't happen in a few weeks as most scammers tell you.  

Without a proper strategy and money management you will probably be unsuccessful in trading binary options.

So read on well as we explain some great ways to be a success in this field...

Contents

• Money management
• Trading binary options strategies

Money Management

• Never invest more than 5% to 10% MAX of your balance on a single trade.
• Set up win loss ratio for yourself eg: set it to win 5 trades a day if you have a winning streak of 5 you stop for the day vice versa with your losses.You have to employ discipline and this is proven to work long term, don't chase the money, be smart.
• Set up winning ratio; If your winning percentage drops below 80% then you stop for the day.
• Set up daily profits/loss ratio; Once you reached $100 profit you stop or $50 loss you stop for the day.

Of course you can choose low, med and high risk money management strategies by making the amounts lower or higher. As a beginner perhaps stick with low and gradually increase risk as you increase your skills.

Key tips: don't invest more than 10% of your account balance. Be disciplined. Implement a money management strategy.

Trading Binary Options strategies  (technical analysis)

For technical we need good charting tools, Your broker platforms probably has basic chart indicators, but to get the most control and best indicators I use Tradingview (link on the top left of blog).

Charting tool on a whole new level and beautiful thing is there are professionals that actually post their chart scripts with embbed chart set ups and strategies which you can use all for free guys. MT4 is good too, Inno prefers that tool.

So you will set up your charts according to below for the different methods on Tradingview. Ensure your time frame is set according to the expiration time you intend on trading: eg: 5 minutes trade , set up chart to 5 min candlesticks (best).

Five to 15 min Noob strategy

• Choose indicators on Chart tool, SMA (simple moving average is the avg price of an asset over a select time period).
• Select SMA Set period (days avg) to 3. 
• Select another SMA and set period to 10.
• Choose correct time frame(5-15min) and a currency pair.
• SMA line that's set at a period 3 is our signal indication.
• Once this SMA (3) line crosses SMA (10) line we then place our trade in the direction SMA (3) line goes. 
• So when SMA 3 crosses through SMA 10 in a downward direction we place our PUT  trade to expire in 5 to 15min, once opposite of that happens we place our CALL trade for same expiry time. Usually Resulting in a 76-79%  (ITM) in.the.money.

Tip: try using during NYC trading times, works well with these pairs EUR/USD,USD/CHF and USD/CAD. Best success using this was on iqOption try it out...you wont regret.

More strategies and methods on trading binary options still to come keep checking in or sign up to our feed to receive these posts via e-mail.

Remember guys we base our posts on our own experience we filter out the crap and only recommend the best to you, we have been around the block so we aim to save you the trouble and provide you with the truth.

All the best...