60 second or turbo binary options strategy indicator
And one such example are the second binary options. This type of trading has become quite popular over a couple of years and a lot of trading brokers are now offering this trade to the clients. Contrarily, 60 Seconds might not be ideal for all traders. Careful approach is required for money management.
Similarly, one needs to have the ability to identify the potential trading opportunities at the right moment. With clear trading plan and appropriate market conditions, you can utilize 60 Seconds effectively, whereby making substantial profits within a small period. Any Forex trader might tell 60 Seconds binary options as a sheer gambling. As a matter of fact, it is, but only when you have no clue of what you are doing.
Simply knowing that a strong strategy together with money management can fetch you profits will not be enough. Instead you should understand the logic behind the strategy.
However, you should equally have experience in price action. You are recommended to trade for a few months till you get into the veins of the price movement and the other indicators. The SuperSignal strategy for binary trading is, according to our opinion and experience, one of the best low timeframe strategies.
It should be profitable if all indicators were used and money management rules obeyed. Beware of the occasional occurrence of false signals and open trades at your discretion…. GOD strategy is one of the most successful strategies for binary options with one minute 60 seconds expiration time.
Expectedly, this leads to a lower volume of trades taken in exchange for higher accuracy set-ups. To provide a baseball analogy, a hitter who normally maintains a batting average of. On the other hand, in that same span, he might hit. Continue to consider price action e.
But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. On the first re-touch of 1. Similar to the first trade I took a put option on the re-touch of 1. This trade also won. A third put options at 1. This trade lost, as price went above my level and formed a new daily high.
Price formed a newer low at 1. I took a call option on the re-touch of 1. Basically the same trade as the previous one.
Price was holding pretty well at 1. On a normal move, I would take a put option there, but momentum was strong on the 2: Several put options almost set up on the 1. So my next trade was yet another call option down near where I had taken call options during my previous two trades. I felt this was a safer move as just half-a-pip can be crucial in determining whether a second trade is won or lost. Call option down at 1. However, the minute after this trade expired in-the-money, the market broke below 1.
This trade was a put option at 1. Nevertheless, this trade did not win as price continued to climb back into its previous trading range. I decided to take a put option at the touch of 1. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward.
But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1. For this trade, the high of day initially made on the 2: I had intended to take a put option at this level on the 3: And then for maybe seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry.