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https://tinyurl.com/freebinaryoptionstrategy (Expand the Description for more information) Risk Disclaimer: Trading involves risk!
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My Price Action Binary Option Trading Strategy that Works in short
1. Search for a moving market, in the best case a starting trend! Avoid markets with no movement and avoid sideway markets for the beginning! Always trade in trend direction! In this video I trade against the trend, but I recommend to only trade in trend direction for the beginnin! Read more about how to choose the best market here:
https://tinyurl.com/y9n79q7g
2. Draw trendlines and the fibonacci retracement to determine good entry levels. Also keep the bigger picture in mind! Ensure to trade in trend direction and better enter a trade a bit to late with this strategy!
3. When a line is touched by the price, take a look at the RSI and Stochastic! The stochastic and the RSI should be in the oppsite extreme in relation to the trend!
4. Wait for a cross in the stochastic to enter the trade!
Ensure to watch my video about this strategy, as well as the trade examples in this playlist:
https://www.youtube.com/watch?v=ubueQOVcZrI&list=PL8tzuHwQBIQ8-7siLD7HCWpAHJrssOSnJ
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Price Action Binary Options Strategy That Works FAQ
How to choose the expiration time?
I normally choose a expiration time of 2-5 times the chart timeframe! If I´m looking in 1 Minute Charts, I trade 2- 5 Minute binary options. When I´m unsure that my prediction is correct, i tend to trade shorter binary options. When I trade against the trend, I also trade shorter binary options.
What when the market moves against me?
This depends on many things. But when the first trade is in trend direction (And it still looks like this is correct) I will keep the position and enter a second position with a higher investment amount but the same expiration point! This way I have a good chance that I win back the first position, or even to win both positions if the amrkets turn in my direction!
When I´m unsure, or the trend seems to reverse, I close the position or let it run into a loss! Losing is a normal thing in trading, as long as you win more as you lose it is just a part of trading!
Where to trade binary options?
There are many broker you can use to trade binary options, I use Pocket Option and a few others, you can find a detailed binary options brokers list here:
http://binary-options-brokers-reviews.com/
Where to get help and assistance?
I´m happy to help you if you need my assistance, best is to contact me using Facebook:
https://www.facebook.com/BinaryOptionsStrategy/
Are there more good broker for binary options?
Yes for sure there are!
Expert Option:
http://binary-options-brokers-reviews.com/x/expert
Ayrex:
http://binary-options-brokers-reviews.com/x/ayrex
Finmax:
http://binary-options-brokers-reviews.com/x/Finmax
More good Videos about Binary Options Trading, Pocket Option and my Pocket Option Trading Strategie can be found in my channels:
https://www.youtube.com/user/binaryoptionspro/
https://www.youtube.com/user/binreoptionenhandeln
Ensure to subscribe to my Youtube Channel and please LIKE, SHARE and Comment on this video!