Binary option tick charts trading
This 60 seconds strategy is based on up and down price trends which can be followed by binary options traders using one minute charts. It is a very profitable and proven strategy but it requires charts experience, fast thinking and account at a binary broker which offers 60 seconds trading.
To use this strategy you will need tools such as time chart and tick chart which are both a type of candlestick charts. Binary brokers do not offer them so you will have to use other sources which provide charts.
What we are looking for is to catch a trend no matter if it is an upward or a downward one. I am using one minute chart and tick chart where one candle represents trades on the pair. Basically when you have 2 candles from the same color confirmed with orders you can give a shot. If you win, just continue to buy options in the same direction till you lose. When you have lost wait to see if it is just a pullback after which the trend will continue in the same direction.
Usually trends continue 5 to 10 min but if you are lucky it might last even 20 min. That means if there are for example 3 pullbacks on a 20 min trend — 17 successful trades. If after a pullback you lose again just stop and wait for a better trend. When an uptrend starts you have to buy 60 seconds Call options and if a downtrend starts buy 60 seconds Put options. Set up your budget in a way that you can afford some losses in case of pullbacks.
More experienced traders can perform this strategy on up to 3 brokers at the same time but if you are a beginner I would recommend you to use only 1 broker. Three brokers will multiply your winnings by 3 but it might multiply and losses so be cautious. As you see on the chart a 19 min downtrend which started at 2: I entered the market on the third red candle and performed 13 successful trades and 4 unsuccessful.
Two hours later a very nice uptrend came which lasted for 20 min with only 3 pullbacks. So I entered it on the third candle and performed 15 trades in the money and 4 out of the money. You have to remember that any good trend needs a good pullback. If you finish out of the money times in a row just stop trading and wait for a better trend.
I would recommend you first to try this strategy on a demo account. Skip to main content. Follow the trends on one minute charts. Strategy review What we are looking for is to catch a trend no matter if it is an upward or a downward one.
How does it work? How to perform this strategy? Examples Downtrend As you see on the chart a 19 min downtrend which started at 2: Fri, 17 Feb