51 in binary trading strategy for beginners
Strategies developed on the basis of the news can be the best example falling under this segment. Market behavior strategies — These strategies are designed and formulated after carefully analyzing technical and statistical data that are readily available. Though these strategies are a bit difficult to understand they are the ones to rely upon due to their objectivity. However, the developers of this strategy have worked on ways to make the study easier and simple and one of the best ways have been the introduction of charts and surveys.
When you are an investor in binary options, you will be interested in knowing about the current financial position of the company you are considering buying. The other things to consider are the relationship with employees and business partners and the level of satisfaction. In short, this strategy is mainly concerned with the overall performance of the company and its major attributes.
More Information on Fundamental Analysis. This strategy deals with the study of the past by using different characters like charts to assess future prices of assets in the market.
The main objective here is to predict the future value and not the intrinsic value of an asset. More Information on Technical Analysis. If you are an option trader then this strategy has been developed just for you. It is mainly formulated by a trader to protect himself from incurring losses from investments. When you select a particular asset and if the market trend takes its prices upward, you place a call option. Now at the same time, you must place a put option on the same asset too.
In this way, you will be able to cushion yourself from the losses, if you suffer any. Higher the retracement goes, stronger the signal. In the example above, the retracement happens next to the number 2 in the up left corner. And money management suggestion for this strategy is to take 2 equal bids per day for 20 days.
If you lose, start with the last set of bids:. You should reach around 5k in profits within 20 days, and next month just start over or carry on from where you left.
The semi conservative strategy involves trades per day. The rules are the same as for the conservative strategy, only with one exception: We take the trade at Fibonacci projection level as well as Now, for level trades, I would advise not to take the trade with more than 6 minutes to the expiry. Use the same money management as with conservative strategy, but your earnings will increase faster.
Now, the below strategy is a very aggressive one that defines the means of sane trading. This strategy represents the use of price cycles and Fibonacci sequence in fast trading. Trades are not only taken at levels and And Fibonacci levels are drawn for every cycle. This strategy also exploit the full potential of value charts. Above you learnt what you are hunting, where to find your prey, and how to bag some prey steady and safe.
Now, we will go after the BIG 5. Now, change your zigzag indicator parameters to 2,1,1. How many short-term price cycles do you see now? Each of these cycles is a Fibonacci sequence with a high-low-retracement-projection-reverse. Look at the chart below:.
Within each price cycle between 3 points there are on average 3 ITM trade setups during normal volatility trading conditions. This strategy will produce around setups per currency pair per day, so use it wisely, and be very sure to learn it by heart before you jump in full steam.
The 3 strategies explained here work for all currency pairs, commodities, stocks and indices. However, even with the conservative strategy, a trader can produce excellent results if they trade assets, and take 2 high probability trades per asset per day.
Click here to read my next and last post in this mini series. Conservative Long-term Strategy This strategy is for those who are new to this game and want to build up their capital slow and steady.