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.
TopOption Review Traders Review of Binary Options Broker
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the best the thing with Top Option is ifyou are concerned about the safety and security when you are choosing go broker Top Option is probably the most reliable and securebroker on the market today. They werefounded just recently but the company that owns the Top Option has a lot of the experience in onlinetrading and they also own some other trading platforms thatare .
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regulated by the CySec commission andalso by the Australian Securities and InvestmentCommission and they comply to all the EU trading rules andin addition to this they offer the insurance of your trading account up to the or twentythousand dollars. So basically with Top Option you arevery safe and secure Now if I tell you a little bit moreabout the features they offer I'm just going to scroll down
a little bit. So here the first thing youcan see, let's say, this is the eurodollar charthere, and one one of the things is that they offer 85 % payout on our EURUSD trades, which is oneof the highest payouts that any broker will offer. This is definitelyan attractive feature that they have. As far as the options for the trading goes they offerclassic option which is basically UPDOWN UP DOWN, HIGHLOW or
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