Binary Money Mind

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 – in this case we are betting in the opposite direction.Let's open 4 windows with different positions

– 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 – 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.

2000 in 5 Minutes My Binary Options strategy

Hi, this is Imba Trader with you. And I just wanted to share with you my story,how binary options trading changed my life. And if you ever thought about setting up astable, additional income, my tips and trading strategies might be useful for you, becausea couple of months ago I was just a random guy with a simple job, but now I can afforddriving a new car, travel the world or spend more money just for myself. And the best part about it is that you cantrade binary options anywhere where you can imagine.

It's really easy to start trading binary options. First, go ahead and try free trading on areal market with a demo account. Just follow the link above the tutorial and clickthe demo account button, no email address or credit card needed. Second step, get the basic trading strategy. I recommend you to subscribe to Imba TraderYouTube channel for basic techniques and personal motivation. And the third step is the most exciting one,register real account and start making real

money. I'm pretty confident in your success and justmake sure you follow all the instructions. Alright guys, now let me show you how binaryoptions trading works. Today, I'm going to trade on the ExpertOptionplatform. I have a VIP account here and $100 on my accountbalance. And I'm going to start with the $50 stakewhich is 50% of our balance, and I'm going to stick to the 50% number until the end ofour trading session. So I just made the first stake, meaning thatmy forecast is that the graph will be lower

than this red line within the next 30 seconds,and we got 10 seconds left until the option expiration. It looks like we're in a good position here. Yes, three, two, one and we are winning $98out of 50 bucks. So I'm raising the bar to $74 which is halfof our balance, and I'm going to proceed with the whole stake. So I was waiting until they get closer tothe purchase deadline, this white dashed line which means that you cannot make any tradesor actions once you've reached it and you

are on hold for 30 seconds until you get tothe option expiration line, which is the moment when the actual trade happens. And unfortunately, the graph is going waydown, but – okay perfect, that was really close. You see how the course is just a bit higherthan our stake. So what happens, we neither lost nor won,so the course was exactly the same as our stake, so we just got our money back, whichis also not bad I think. Okay, we just missed the moment to make thestake and we are moving until another minute.

So this is kind of an aggressive way to tradebecause the binary options strategy I stick to, implies trading the same stakes duringthe session, meaning that if I choose to trade on the $10 stake, I do this till the end ofthe session and I don't change them. And this time, I'm going with a bit more riskystrategy which involves a bigger risk, but at the same time, it can bring you more money. So I just want to make it quick and not takea lot of your time. Okay, I'm proceeding with the call stake and right after that, the graph goes sharply down.

Leave a Reply