## How To Use Support And Resistance Lines When Trading Binary Options

Hi there.I am often asked in the comments how to determine the point of entry into the Martingale strategy.Today I'll show you how to use support and resistance levels in Binary options. We set the chart for 15minute or 5minutetimeframe. We use the Line tool and find the level of resistance by the tops of the candles. We find the level of support by the lowestlevels of the chart in the same way. And now we watch for the chart to reach orbreak through one of the levels â€“ in this case we are betting in the opposite direction.Let's open 4 windows with different positions

â€“ it will be much faster in this way. Wedo the same thing in all the windows. Here we see the first touching of the level,and I bet \$10 in the opposite direction. And in the meantime, we watch the other positions.Here we see touching of the support level on eurodollar Position. We bet \$10. Great, our first two bets have triggered.Levels must be rearranged from time to time. And we wait for the next touching of the level. And here again we see the resistance levelbroken through, and we bet \$10 for a fall. You should wait until either a touching ora breakthrough. We see that our bet does not

win, so I prepare \$30 in advance and againbet for a fall using a Martingale strategy. I hope you know the table of bets; if youdon't, I will write in the description below the tutorial. Here we see the breakthrough and bet \$10.And according to the Martingale strategy, we bet \$180 as our bid didn't trigger.Now euro dollar lost and we bet 30 for a rise. Pound dollar â€“ bet 30 for a fall.Now, bet 180 on the euro dollar. And now all of our three bets have won, weare just waiting for eurodollar. We are waiting for our bet of \$180 to triggerWell, we lose the 180 bet, and then we bet

440, and I think that this bet will triggerfor sure. Now we see that the chart is back and we'llwin our bets. Here you can see my bets for the entire period.If you liked the tutorial, put likes, share with friends, subscribe to my RSS feed.

## How to make profit in 60 seconds binary options

Hello everybody, this is Barbaros Aral againfrom flagcandle afer the first tutorial i received many requests to make another tutorialto explain the our strategy and the indicator. Unfortunately i can speak just 23 languagesand everybody is asking the tutorial in their own language but i'll try to put subtitlesin English at the end of the tutorial and Hopefully you can just stop and translate it into yourown language of course as always if you have some point that you didn't understand youcan always contact with me through the email or skype or facebook whatever. I'm ready tohelp to everybody. After i received all these requests today i've updated our website andput little bit more pictures, and explanations

on our strategy, i mean for our strategy,let's go and have a look at it and then we'll try to apply all these rules on the live chart.If you go to the flagcandle and go to the How to Trade and this is only the basicstrategy quot;Two times trade after the flag candle and STOPquot; and i assume that everybody tryingto use this strategy is beginner and they have 5020 USD which will cover 8 Martingaleslevels. Because if you are not experienced trader then you have to be strong againstto the market, but if you are able to analyze the market, you are experienced, then of courseyou can handle it with smaller amount. Because people were asking is it really necessaryto have 5020 USD to start with binary options

trading system, and i said if you have itwill be better, if you are not experienced, it's really good for you to win all the time.So, let's have a look to the rules. As you can understand from the name will start twotimes, after the flag candle and whenever we win then we'll stop. Eitherron the firstone, or on the second one. Ok. In this example, after the flag candle, firs one we lost andthe second one we won.Here, another flag candle, on the first one we won and stop another onefirst one, and we stop. This is the easiest case. And let's have a look again what willhappen or what we will do if two flag andles comes after eachother é And there is no gapin between them or it an be just TIE bar.

In this case you see here one flag candleand second one is coming showing the opposite direction. In this case we'll stick on thelast one and continue to the direction of the flag new candle. So, the first one weplaced direction to down, and second one is showing Up and we placed our trade to directionto Up and we won. This is the scenario for 2 flag candles comes after each other or therecan be 1 or 2 or what ever amount of TIE candlesticks. Ok. this is the same one, if the TIE candlestickcomes after the flag candle, what we'll do é We'll stick on the direction and keep continueto trade in the same direction. We will ignore it. Because it's TIE. Ok, another scenariois you can encounter during the trade is more

then two flag candles comes after each other.If it's happening it means that right now market is not stable. Not stable. Then wehave to stop and wait for minimum 810 minutes and again check the market how it's goingon. And if within this period there are too many flag candles are happening again waitfor 810 or half an hour. So, in this example, because of the first flag candle, or tradedirection was down, and the second one that candlestick also became a flag candle becauseit was much higher then total volume of these two candlesticks, and it became a flag candle.So, we lost first one, and because of this 2 candlesticks are sticked to each other andno gap, we placed our second trade on the

direction of second flag candle, so it wasUp, but again it was going down, and again it became a flag candle. So, in this casewe will understand that market is not stable and we'll stop trading. We'll not continue.Even if we win if would continue. May be we'll win but, it can also happen to go to the Upand became another flag candle so, therefore it's better for us to Stop Esspeciallyif you are beginner and if you don't know how to read the market Ok, and another scenario is what we'll doafter we loose two trades after the flag candle. What will be the nextstep é