How range binary option trading works
For us, this is the best time to buy "in range. Range options strategy at night is a mirror of day trading. If we start to trade options from Range options strategy based on trading sessions is simple. It is based more on logical reasoning and considers the fundamental data. As we know, the fundamental data primary; they make prices move.
Therefore, I recommend you try this strategy right now. That's so Awesome bro. I would love to try this in demo platform and if it goes right then I am gonna use it to live platform. I should try it. I'm seraching indicators, strategies when it's obvious. It really works, specially when the US publish news. Skip to main content. Day and night strategies to trade range options You are here Home.
Range options strategy based on the activity during the trading sessions We know about London, New York, Tokyo, and Sydney trading sessions, as well as the time of their work and activities of currency pairs during these sessions. Day Trading If you trade binary options in the morning, it is important to remember when London and New York sessions are opened.
Night trading Range options strategy at night is a mirror of day trading. Sat, 06 Jun Take a look at the chart below to see the illustration:. The Bollinger bands reveal the range of prices between the price floor and price ceiling. Once you have something like this showing on your charts, use your horizontal line tool to trace two lines as shown.
You now effectively have the 2 strike prices you need for your boundary trade. You can now decide on which of the four boundary trade option contract types to purchase, and set relevant expiry dates. Most brokers will allow a minimum of 7 days for expiry, so make sure that the period of consolidation will at least, exceed that time frame.
If you use a daily chart like we did above in this example, you will be able to get enough time to set an expiry. The boundary trade is not the only binary option contract that you can trade with this strategy. The bias here should be for a No Touch option contract , taking time to set the price barrier either to the upside or downside, well outside the range of prices as demarcated by your price floor and price ceiling.
This way, you are sure that the price action of the underlying asset has no chance whatsoever of coming close to your price barriers. If you need the price action to breach the boundaries, you can adjust your price barriers accordingly to make this happen. Trade Setup The first step in using this trading strategy is to decide on the range to use. Take a look at the chart below to see the illustration: