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.
Binary Options UK Trader
Hi my name is Marc Ashwin, and I'm usuallyasked, how do you start trading if you are a UK residenté Trading binary options fora UK resident is pretty much similar, to the resident of any other country, and all youneed to do is to open an account with a binary option broker, and fund your account in orderto start trading. Another thing that might be of notice is theregulatory authorities. Binary option trading is regulated in UK, and it's oversight byFCA, for Financial Conduct Authority formerly known as FSA. So it's a good practice to checkthe broker you are selecting is regulated by FCA. You can visit the FCA by typing fca .uk,to your web browser and you will come up with
all the details of your brokers and the FCAwebsite have to offer. Next we will look a few of the brokers thatare regulated as an FCA oversight. The first binary option broker in our list is Banc DeBinary. The website address is binary.eu. It is among the most popular binary optionbroker, and it's regulated in both Cyprus by CYSEC and in UK by FCA. The second brokerwe're going to check is option web. Option web is also among the most popular binaryoption broker, and it's regulated in a host of different countries including Cyprus, France,Italy and UK obviously by FCA. It's not uncommon to see FSA logo on a few websites, which isperfectly okay, as they have updated their
website. IG market IG market is a popularstock and forex trading broker, but probably most might not know, that it also offers binaryoptions as well. Their binaries are a bit different than the regular binary options,offered by Banc De Binary or option web. You can visit their binary option section, bygoing to our services and binaries and options. There are a couple of unregulated binary optionsbroker, as well which are pretty good and generally really safe as well. So the firstone or the only one that I'm going to show you here is AnyOption, because I love thisbroker, and I have an account with them for quite a long. So I do recommend that you checkanyoption as well. They offer their services
to UK resident, though it's not regulatedby FCA, but still it's a nice option to check. That's it on Binary Options trading for UKresidents. If you have any questions or comments please leave them in the comment section below,and please also visit my website for more information, that is BinaryoptionsGain ,and thanks for watching.