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.
Review of ExpertOption Binary options signals Expert Option
Hello everybody! I would like to introduce you to another interestingbinary broker ExpertOption today! So, why ExpertOptioné Firstly, ExpertOption is very similar to theIQ Option â€“ these binary brokers are built on the same platform, so they have similarinterfaces. Secondly, ExpertOption works with cryptocurrenciessuch as Litecoin and Bitcoin. IQ Option also works with Bitcoin, but ExpertOptions offer higher percentage for these currency pairs.
Why is it called ExpertOptioné Because there is an expert opinion, you canmonitor in realtime where the best traders make bets â€“ it is implemented in IQ Option,but it can be seen more clearly in ExpertOption. Besides, the binary options broker ExpertOptionprovides signals that are available with the majority of brokers only for an additionalfee. I have already tried to trade on these signals,and it turns out very well. I use signals on crypto currencies like LiteCoin,because they are the most volatile and have the largest percentage of win.
So, let's move to Litecoin, we now have asmall signal about the downtrend. Choose the best entry point and make our bet. Now we will check how these signals are valid. ExpertOption offers very good bonus for firstdeposit, and if you want to use it, you may click on the link in the description. I have been testing these signals for a coupleof weeks, and they have a very good winning percentage. Here we received a profit of 960 euros.
There are no signals on Litecoin, I suggestyou to wait for stronger signals with 3 arrows. Now the signal renewed, and we are lookingfor the best entry point and bet for a rise. Here it is clearly seen how sharp the fluctuationsare in this cryptocurrency. This is a good help for us. I suggest you vote by likes. If you like ExpertOption â€“ put like, ifyou like IQ Option â€“ put dislike. We have won; the signals worked out very confidently,it is very comfortable to trade cryptocurrencies; they are traded even on weekends.
I advise everyone to sign up â€“ even if youdo not want to trade on ExpertOption, you can take advantage of their free signals. Subscribe to the channel, ask questions inthe comments, bye.