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.
Withdrawing Your Binary Option Account Funds
Hi everyone, it's Carl here again, hopefully,at least some of my recent tutorials have helped you in your quest to become a better binaryoptions trader. In today's tutorial I want to talk about a veryhappy occasion for every trader yes, today we're talking about the joyful occasion ofwithdrawing your funds. There are two parts to this discussion thewhen and the how. First of all When is the best time to withdrawfundsé That is a question with a complex answer,because obviously, we all have different goals as traders, but to me, in general, I tendto withdraw an amount once I have at least
doubled my initial deposit and still havean amount to leave in my account for normal activity.I do this for two reasons first of all an amount that's less than double your depositwill likely mean you haven't turned real profit yet, so what you're really doing is movingsmall amounts in and out of your account which takes time and often costs you some commissionmoney. Secondly, there's a sense of real achievementthat goes with being able to tell, even yourself quot;I've just doubled my moneyquot;.Leaving your money any longer than doubling it may lead you down a path of tempting tradesthat will end up costing you, so know when
to cash out.As for how, well, that's really the simple part I tend to return the funds via wiretransfer or directly to my card, other methods strike me as slightly less than reliable,and I would hate for something to delay my hard earned cash any more than is needed.Thanks for listening again, make sure you click below to subscribe to my channel foreven more tutorials!.