Binary Options Strategy That Works
With the growing popularity of trading in binary options a number of strategies are available for each one of us looking to make profits in the binary options market. It is important to have knowledge of these to make your trading powerful, minimise your losses and achieve the goals you have set for yourself.
Though there are many strategies suggested by various experienced traders but you will have to read, research and experiment with various strategies in order to find the binary options strategy that works the best for you. There is still no guarantee that your perfect strategy will work 100%. Still even if this works for you about 70-75% of the times along with no losses then it could be great.
We will talk about various strategies depending on the level of experience you have. Here we will discuss some beginners strategies which will prove beneficial for beginners and also allow are experienced friends a chance to brush up their strategies.
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Beginner Binary Options Strategies that Work
- Head & Shoulders Strategy
This is for successful binary option trading (currency pair trading) EUR/USD and GBP/USD trading in European session. This strategy works on the identification of entry levels for call and put options buying based on breakthrough in support and resistance levels. Due to its simplicity it might prove to be a good binary options strategy that works for you to give you good profits.
- Breakout of Support and Resistance
This may prove to be the best binary option strategy that works if you are able to decide the direction of the markets correctly.
- Keltner Channel Indicator
This strategy will allow you to know the call or put signals in trending markets by using the Keltner Channel indicator. If you are an individual with a technical bent of mind and good at reading and understanding indicators then this might turn out to be a really good binary options strategy that works well for you.
- RSI Binary Options Strategy
This strategy allows you to know about the divergence of markets, for trading call or put options based on the Relative Strength Indicator or RSI.
- Non-Farm Payrolls
This strategy will help you in making quick money by the growth of volatility in USD when the Non-farm Payrolls report is published.
- Pin Bar Pattern Formation Strategy
This is a binary options strategy that works for trading in commodities, stocks, futures and currency pairs and is independent of any specific skills. It therefore becomes a good strategy for novices.
- MACD Signals Strategy
By using this strategy it will be easy for you to decide whether to buy call or put option. This is a Call/Put binary options strategy
- Fundamental Analysis
This strategy works on the factors that may trigger the price of an asset upward or downward. These factors may be economic, political or any other factor which affects the price of an asset.
- Technical Analysis
This is perhaps the best binary options strategy that works for most traders. You can accumulate a lot of information by analysis of past market trends like prices and volumes .By this you can not only know the highest/lowest of a particular asset but also an indication of what the future holds.
Intermediate Binary Options Strategies that Work
- Head & Shoulders Strategy for Successful Binary Option Trading
This strategy works on identification of entry levels for call and put options buying based on watching close breakthrough support and resistance levels.
- Range Binary Options Strategy
This strategy works by using formation of triangle pattern Using specific pattern that are formed on graphs, you can understand the trends of the market currently and where it is going from here. For people with experience this strategy might prove to be binary options strategy that works beneficially.
Advanced Binary Options Strategies that Work
- Doubling up Your Trades
Doubling up your trades might be a good idea if you have a lot of experience and knowledge regarding the market that you are trading in. The basic strategy is that if you have invested in an asset and its price is going upwards and with your knowledge and experience you predict a further upward movement then it will be beneficial to set up another trade like the earlier on.
- Knock-on Effect
If you have a thorough knowledge and experience of markets then you might be able to predict the impact when some changes take place in one market upon the index in the same market.
- The Straddle
Placing a call and put option on the same asset. This helps in minimizing your risk. This is a Binary options strategy that works well for most traders.
- Market Pull
This strategy relies on a rapid rise or falling of the market. If you are experienced enough to predict the future direction of the markets then accordingly invest in a call or put.
How to Choose Binary Broker?
In order to start trading online you need to open an account with legit and trusted broker. In this field there are numerous non-regulated brokers, most of them with shady reputation.
Still, we are struggling to find the good ones and provide you with their unbiased reviews and customer feedbacks. Trading binary options is not absolutely free of risk but we can help you minimize it.
By researching the market daily and following the financial news, the team at Top10BinaryStrategy is always up to date with the latest alerts, and upcoming launches of trading systems, and brokers.