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.
More Tips On How To Trade With Binary Options Broker
hey everyone its John here again today I want to give you some helpfultips on finding the best binary options broker for you! This isn't an exact science because each trader puts the emphasis on different items, but there are still some solid rules that everyone can (and should) follow when selecting their broker and they are in no particular order: a regulated broker:
the last thing you want is for your money to be sucked away by some fraudulent brokers. selecting a regulated broker can be rewarding in a number of ways: payment protection, utilization of funds, legitimacy ofcontracts and proper supervision are all part of the package. US investors:if you are a US investor you may want to look into this first before you do anything else somebrokers are unable to offer their services to USresidents due to legal limitations.
reputation:like you want to look into the reviews the broker has complaints and opinions naturally you should always a go forthe ones who have a proven track record and as few complaint as possible. getting paid: higher payouts is another critical aspect for you to consider. thehigher your payout are the higher profits and the last thebroker keeps and commissions etc. are you being servedé
Quick customer service is often overlooked, always try to evaluate the broker's customer support questions before you open your account, this could show you quite a bit about how they handle issues. issues for you. I hope this tutorial hashelped you to find a trader that is right for yousubscribe to my channel if you want more helpful tutorial on binaryoptions! thank you!