Understanding 60 Seconds Binary Options Trading

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
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  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

Binary Options Trading Strategy – Best 60-Seconds Strategies

Today we are going to share our binary options trading strategy with you. This strategy is designed to help you identify whether you’ll like trading binaries and teach you how to trade binary options the right way. If you prefer to play it safe over gambling, you’ll need a strategy or tactic to help you master binary options and other trading activities. This is where our TSG team comes to the rescue. We will provide you with the best binary options strategy.

The main reason we’re interested in learning about trade binary options is the fact that binaries simplify what we’re already doing in Forex. At the same time, binary options also allow us to make more money in the process. We are also controlling the risk.

Binary options are easy to understand. This is coming from someone who has little or no experience in the area. If your favorite approach to trading forex is to jump in on a fast price movement and ride the intraday trend for as long as the momentum lasts, you can learn how to make money trading binary options very quickly.

When we first discovered binaries, the light bulb in our heads turned on. We figured out the same thing that we’ve been doing in Forex can be done. But walk away with 75%, even 95% winning trades because we only needed to get the direction right. No need to worry about how many pips we could grasp in the process.

And that, my friends, is the real beauty of binary options.

What are Binary Options?

Binary options are a form of derivatives that have a fixed profit or loss. Trading binary options is simple. All you need to do is ask yourself a simple yes or no question. Will the price of the underlying asset be worth more than the strike price at the expiration date?

Now, let’s start by understanding how binary options work.

Essentially, we can trade binary options for any type of instrument. Whether it be commodities (Gold, Oil or Silver), Forex exchange currencies (EUR/USD, GBP/USD or USD/JPY), or stocks (Amazon, Tesla or Twitter).

So, the first thing you need to decide upon is to select the asset to trade.

Second, before submitting our trades, each of these instruments has a current value at any given point in time. How to trade binary options depends on our trading skills. It is used to predict where the current value will be some time in the future. In other words, we must use our skills to predict the market direction. This will determine our success in trading binary options.

The market can only go up or down. If we believe the current value will go up in the near future, then we buy a Call option. On the other hand, if we believe the current value will go down in the near future, we buy a Put option. Read more about call options vs put options.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

Third, we need to determine what the most critical aspect of trading binary options is. The expiration time will ultimately determine if you’re making a profit or not.

Trading binary options require you to correctly forecast two things:

  1. Whether the market will rise or fall.
  2. Your forecast needs to be accurate during a certain time frame – called the expiration time.

If you’re right on the market direction by the time of the expiration time, you earn a profit. Being wrong means you incur a loss. The way binary options works is that if you’re right on the market direction, you’ll get a percentage of what you initially invested in.

Typically between 75% and 95% and in some cases, even 100% of your initial investment, depending on your Binary Options Broker.

Supposing we’re wrong on the trade, then we’re going to lose the whole amount invested in the short term.

We have made a nice infographic that highlights the four steps on how to master binary options trading.

Now we’re going to focus on step two, which is how to predict the price movement. If you manage to figure this out, then knowing how to make money trading binary options will be a piece of cake for you.

Now, before we’ll outline a method on how to make money trading binary options, we always recommend taking a piece of paper and a pen and take notes on the rules of the best binary options strategy.

In this demonstration, we’re going to look at the buying Calls.

The Best Binary Options Strategy

Our team at Trading Strategy Guides is ready to share with our beloved trading community our 60-second binary options strategy. We don’t just hope this strategy will make you money, we’re certain it will. The mathematical model behind this binary options trading strategy has a proven market edge.

The only tool you need to trade binary options successfully is the RSI indicator.

Even the RSI indicator is not good enough if it doesn’t have the “right” settings. The RSI default settings need a little bit of adjustment if you want to master the 1 minute time frame. We use a 3-period RSI to trade binary options profitably.

Naturally, a lower RSI period means that the indicator will tend to be noisier than normal. But it is more responsive to the immediate price action. Along with the RSI settings adjustments, we also played around with the overbought and oversold readings. We found out that by using an 80 RSI reading for overbought and 20 RSI reading for oversold condition, we get more accurate day trading signals.

*Note: Make sure you adjust the RSI settings before you jump into the binary options trading strategy.

By changing the RSI overbought and oversold line, we have eliminated the noise. So now we’re ready to highlight our binary options step-by-step guide:

Step #1: Find an instrument that is showing a low the last 50 candlesticks. Use the 60-second chart (1 Minute TF)

The 1-minute binary options or the 60-seconds time frame is the best chart for trading binary options. In other words, the best binary options expiration time is the 60 seconds time frame.

We recommend highlighting the starting point on your charts. And the ending point of your 50-candle low that you have identified. Simply draw two vertical lines on your chart through the starting point and ending point of your 50 candle low.

When you count the 50 candle low, you should always start from the current candle. Then go from the right side of your chart to the left side of your chart. If you manage to count 50 candle low, obviously the starting candle point will be your 50 candle low.

Moving forward, it’s time to put the RSI indicator in use and spot if we have extreme oversold reading or not.

Step #2: At the moment the 50 candle low develops, we need an RSI reading of 20 or below

Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal. An RSI reading below 20 shows that the market is in oversold territory and it can potentially reverse.

In our example below, the 1-minute EUR/USD chart is satisfying the two conditions.

Keep in mind that in order to move to the next step, we need the 50 candle low. We also need an RSI reading below 20 to happen at the same time.

We added one more factor of confluence that needs to be satisfied. If used in conjunction with the previous two conditions, it will make you a money maker binary options trader.

Step #3: Look for a bullish divergence to develop between the RSI indicator and the price.

When trading reversals, you need to be as precise as possible. The more confluence factors you have in your favor the more accurate the reversal signal is.

What we need to see here is for the price to continue moving lower after the 50 candle low was identified. At the same time, we need the RSI indicator to move higher in the opposite direction.

If the price moves in one direction and the momentum indicator moves in the opposite direction, it means they are diverging from each other. This signals a potential reversal signal.

Now it’s time to highlight how to find the right entry point for the binary options trading strategy.

Step #4: Buy a Call Option after the first candle that closes above the high of the 50 candle low

The first thing you need to do is to mark on your chart the high of the 50 candles low with a horizontal line. The first candlestick formation that breaks above this high is your trade entry signal to buy a 60-second Call option.

It’s that simple!

After you decide the amount to invest and pick the 60-seconds as your expiration time, it’s time to sit back and wait 1 minute before hopefully collecting your profits.

Step #5: You collect your profits if the next candle closes higher than your trigger candle

If at the expiration time, the price is higher than the price you opened your Call binary options, you’re lucky because you’re about to check-in a big payout.

For example, if you’ve invested $1,000 and your binary options broker offers you an 85% payout, it means that you accurately predicted the outcome of a trade. You get back your initial investment of $1,000 plus the 85% payout which in our case is $850 in profits.

If you want to buy Put binary options, use the same binary options guide, but in reverse.

Conclusion – Binary Options Trading Strategy

Before learning how to make money trading binary options you need a great Binary Options broker. You can’t start hitting home runs right out the gate without making sure you have a binary options broker who wants you to succeed. Secondly, you need a strategy based trading technique to reveal the market direction. You only need to forecast if the price will be up or down during the next 60 seconds, making it very convenient.

We use a heuristic approach to speculate on which way the price is going to move during the next 60 seconds. At the end of the day, traders are looking for a reliable binary options system that will help them make money from trading.

The good news is that the best binary options strategy is exactly that system. Our team is built of many traders with experience in the industry, including binary options traders who know how to make winning trades. We’re ready to help you with every step of the way.

Thank you for reading!

Also, please give this strategy a 5 star if you enjoyed it!

Don’t forget to read our guide on regular options trading for beginners here.

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7 Binary Options

The Basic Tools for Successful Binary Trading

Binary options are complex, exotic trade options, but these are particularly simple to utilize and understand the way they work. The most familiar type of binary option it the high-low option and it’s relatively simple to comprehend. This technique is also referred to as the fixed-return option and provides access to commodities and foreign exchange, indices and stocks.

Trading with binary options is easy, and you do not need any previous experience. Below are some basic guidelines that we have compiled to help you start trading in a few minutes.

  1. To be a successful binary options trader, you need to use more than one broker. Choose one or more from our compiled list of brokers.
  2. Register with your chosen trading platform and deposit money to start trading. The minimum deposit for some trading platforms or binary options robots is only $ 100.
  3. Select the asset to trade. Trading platforms have assets such as currencies, indices, commodities, and stocks. You can choose to trade in currencies, the popular one being EUR/USD.
  4. Decide on the amount to invest. When investing in an asset, you will see the payout or the returns for the asset, which can go up to 91%. Make your prediction on the movement of the price of the asset. If you predict the price of the asset to rise, select Call (up). If your prediction is that the price will fall, select Put (Down).
  5. When the trading closes after the given time, for example after 60 seconds, if it is a 60 seconds investment and you have made the correct prediction, then you win. An investment of $ 100 with a 90% payout means that you will have made 90 dollars in a few minutes.

Binary Options Trading

In the year 2020 binary options are one of the most popular trading instruments, because of its simplicity and lucrativeness. However, before investing in binary options, it’s important to gain a full understanding of how it works to avoid making mistakes and losing your hard-earned cash.

So, what are binary options? As the word suggests they are also called all-or-nothing options, are based on a simple ‘yes’ or ‘no’ proposition; that is, predicting whether the price of a given financial instrument will go up or down by the time of expiration.

When you forecast that price of the asset will go up, it is called a “Call” option. On the other hand, if you forecast that price of the asset will go down, it’s called a “Put” option.

For example, if you believe price of gold will go down to below $1,300 at 2.45 p.m today, you can place a sell order, and reap the profits if the trade works in your favor. As simple as that! There are an extensive range of binary contracts available for binary options trading, including indices such as Nasdaq, currency pairs such as EUR/USD, commodities such as gold, and stocks such as Google.

How is Binary Options Trading Going?

So, what is binary options trading? As earlier explained, binary options trading involves predicting whether the price of a particular asset will rise or fall within a certain time period.

Importantly, as a trader, you should understand how binary options trading works, the different time frames, and the right strategies to use. If you gain an in-depth understanding of how to trade binary options, you’ll become profitable and have a rewarding career as a trader.

Here are some steps you can follow to start trading binary options.

  1. Have a clear understanding on what is binary options trading.
  2. Choose a broker that suits your requirements. You may want to choose more than one broker, as you’ll have the luxury of comparing and making the most suitable choice for serious transactions.
  3. Register a trading account with the broker. It is usually very simple and takes few minutes.
  4. Make a deposit with the broker. Different brokers offer different initial deposit amounts. To better familiarize yourself with the broker’s offerings, you can start by making only the minimum deposit amount.
  5. Select the asset in which you want to trade.
  6. Based on your analysis, predict the future direction of the selected asset. This will be in shape of “Call” or “Put” options.
  7. Select the time frame for the trade.
  8. If at expiry the price of the asset has moved as per your predictions, you will bank the profits. The payout percentage of your broker will determine how much you have won. Some brokers offer lucrative payouts of more than 90%.

Brokers

While trading demands knowledge and understanding of the market and how it operates, it is equally important to select the right binary options broker for trading .

Numerous brokers are available out there, and you must choose the best binary options brokers that sufficiently cater for your interests and trading style. You should carefully analyze the different features offered by brokers before making a decision on the one you trust with your funds.

For example, if you are based in the U.S., you should choose binary options U.S. brokers because they are allowed to offer their services in the country. The U.S. brokers are usually considered to be more authentic since the laws of binary options trading in the country tend to be stricter, as compared to other parts of the world.

In addition, you can find other legitimate brokers allowing traders from other parts of the world. Therefore, you should ascertain whether your preferred broker permits traders from your country of residence to ensure you are adequately protected by the laws, in case anything happens.

There is no denying that binary options trading offers attractive opportunities to make some quick money. And, the lucrativeness of binary options has led to eruption of binary options trading scams, aiming to rip traders off their hard-earned earnings.

For example, if you wrongly select a broker, you could end up with burned hands. Therefore, you should be careful and avoid setting aside caution, even if the deal seems too good.

By understanding how a scam works, you can be able to avoid them. Here are some typical tell-tale signs of fraudulent activities.

  • A fake company opens a brokerage service on a website that looks very real and authentic. However, after close examination, it points to scam activities. For example, the contents placed on the site, including awards, certificates and testimonials, are false.
  • A website creates trading signal software that promises 100% accuracy, even guaranteeing absolute profits. Where on earth is that possible?
  • After depositing funds and starting to trade, you end up making a loss transaction. A scam broker can contact you trying to convince you that investing more money will increase your chances of making good profits.
  • Reviews and testimonials of other traders point to the broker’s fraudulent dealings.

Trading Platforms

The features of the binary options platform you will use for trading are important. Most binary options brokers offer well-known or customized software for trading. Before opting to initiate trading in the binary options market, you should completely understand the trading terminal offered by your broker.

For example, you can simply miss out on something just because you are not familiar with where the information is placed, and how to access it from the platform.

Most binary options platform providers ensure their platforms are equipped with all the required tools and resources for successful trading. The providers are quite aware of the different requirements of traders and have developed platforms that match their tastes and preferences.

Worth noting, most brokers offer trading platforms that are web-based, and can be operated without the need of downloading. Additionally, some brokers offer mobile trading platforms, allowing you trade on the go, from anywhere, anytime.

Here are some other important considerations you should ascertain before choosing a binary options platform for trading .

  • Does the binary options platform provider guarantee the security of the platform from unauthorized access?
  • What is the number of financial assets available on the platform?
  • What are the types of binary options offered on the platform?
  • Does the platform come with additional features, such as social trading, market analysis, or trading signals?
  • Is it easy to contact the provider’s support department in case of any issues with the platform?

Binary Options Demo Account

Binary options demo accounts are important for assisting traders equip themselves with skills for profitable trading, especially if you’ve just registered with a broker or you are a new entrant in the world of binary options.

The demo trading accounts are usually provided for free, and are loaded with virtual money to assist you sharpen your trading skills risk-free, and at your own pace.

A binary options trading demo account will enable you to get acquainted with the real trading environment, without the fear of losing your hard-earned money. When used correctly, a practice account can be an effective tool that can turn you into a profitable trader for the long-term.

During actual trading, traders can lose money from making inappropriate and irrational decisions. For example, you can enter a trade and immediately start getting confused when you see the market going contrary to your expectations. However, with a demo trading account, you can develop important strategies to assist you overcome such situations, and trade profitably.

In trading binary options, making losses are sometimes inevitable. And, to be a winner, you need to understand how to overcome your losses.

Therefore, if you have sufficiently practiced trading on a demo account, you will always be very confident when live trading.

Conclusion

Trading provides a great way of successfully making good money. And, because of its simplicity and lucrativeness, the market has gained tremendous popularity in the last few years.

Importantly, before starting to trade, you should understand how the binary options market operates; otherwise, you may end up losing your hard-earned money.

If you are able to be disciplined and follow correct trading strategies, you can reap bountiful returns from the market.

Beyond any shadow of doubt, binary option trading is likely to be the name of the game for the future of financial markets.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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Guide How To Become Binary Options Trader
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