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.
welcome to the nadex binary optionsMasters Series during this brief tutorial tutorial we'll bediscussing the strike prices and taking a look at whatthe various strike prices can mean for someone trading on Nadex binary options each market Nadex offers such as equity indices commodities currencies each underlyingmarket has multiple binary time frames as well as multiplestrike prices
within each time frame the multiple strike prices allow traders tofinetune riskreward ratios based on what theybelieve the market will do so let's take a look at we could call a binary options chain in this casewe're looking at the US five hundred and we can see that we have multiple strike prices within all thedifferent bids and offers so let's just take a look how this wouldview
on a chart as a visualization so youhere we have the underlying market we can see thatthe price has been moving back and forth and overlaid on top of this chart or thevarious binary strike prices from 11' at the very bottom up to 1175 strike at the very top currently themarket's trading slightly over 1154 and we can see if welook towards the middle of the screen there
the bid offer of 50 5450 so there are multiple strikes to choosefrom depending on what we believe the marketwill do we believe that the market's going up we could buy any of the strike prices at the offer so 9350 all the way up to four dollars now what wewant to look at is the probability
it will be up to you and your analysisto really determine which straight you're gonna choose but if we look just at the chain here wecould choose the very highest to buy the 11 75 strike we could buy that at four dollarshowever the probability or what the market views as the probability of thathappening is very low or we could buy all the way at the bottom had 9350 inthis case the probability
of that event happening is substantiallyhigher however we have a much different risk to rewardratio if we're buying at 9350 we have a much greater potential risk then wehave reward conversely if we think the market is going togo down we could sell at the bid any of these binary strikeprices again though if we believe the market's gonnago down we could sell
Learn to Use Binary Options Trading Platform
Hi my name is Marc Ashwin, and I'm a fulltime binary options trader. In this short tutorial I will show you how you place tradesover a live option trading account. So to get started I will log into my trading account,by entering my email address, my password and click log in. You can see this is my livebinary option trading account, with approximately $143,000 in available balance. As you probablyknow in this example, I will show you how you place trades over a Banc De Binary platform,but most of the other binary option brokers, work in a similar way or similar fashion aswell. So once you learn how to trade over one platform, it won't be difficult for youto trade, over other brokers as well.
There are four different aspects of a binaryoption trade. The first one is asset, the next is expiry, the third is bias and thelast one is the amount that you want to risk. So you could modify all of the aspects fromthe trading chart here. The first one as I mentioned is an asset. You could select scoresof different assets from this drop down including currencies, commodities, indices, stocks andpairs. So I will select Euro USD in this case. Next you can modify the expiry of the option.The current option is set to expire in six minutes. I can set the expiry to one hour,30 minutes or the next day or so on. So I will just set it to 14, so that it expiresafter around 30 to 40 minutes. The third aspect
of a binary option trade or the point, thatyou need to set here, is you need to form a bias. That is either the market will moveup or down. If you believe the price of the asset at the end of the expiry will be higher,than the current price you will place a call trade. If you believe the price of the assetwill fall, and it will be lower than the current strike price, at the end of the expiry soyou will place a down or a put trade. So let's say the price will move up, so wewill place a call trade. And the fourth aspect as I've mentioned previously is the amountthat you want to risk per trade. Banc De Binary enables you to set amount in multiples of$1; however there are a few brokers which
set the limitation for the minimum amountthat you could risk per trade. There are a few brokers that have a minimum trade sizeof $5 or $225, but Banc De Binary will set to any amount in multiple of $1. So you couldalso place the trade of $1 which I'm going to place in order to show you how the tradeswork. So once all is set I believe the price will go up. I will place a call trade afterI click the apply button. If the trade turns out to be in the expected direction, I willmake a 75% return over my investment. So I will click apply. Next I will scroll the screenlower to see the trade that is placed. I've got the trade confirmation and it's tellingme that my trade is placed. So I'll cancel
the confirmation. Scroll it lower and youcan see a trade is placed here. So it is showing me the position id, the asset or the underlyingasset, the strike price at which I entered a trade and the current price of the underlyingasset, the direction of the trade, the time, the expiration time and the investment amountand the potential payout. As the option price is lower than the strike price, at right nowso the potential payout is Euro USD. If it goes higher than the strike price, then itwill show me the profit the potential payout with profit. That's it on how do you trade over a livebinary option trading platform. If you have
any questions or comments, please leave themin the comments section below. You can also visit my website that is BinaryoptionsGain and thanks for watching.