# Forex And Binary Broker

## 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.

## How to Trade Forex Binary Trading Tutorial

What is Forexé Today, we're going toexplain a little about what Forex is and how it works from a trading perspective.Forex is shorthand for quot;foreign exchange marketquot;. This is a global market for buying,selling and exchanging currencies. Even though lots of large, internationalbanks use Forex, it is actually the largest market in the world where anyonecan be a trader. Sometimes, Forex can help internationaltrade by allowing currency conversion. So, if someone in the United States needs toimport something from Europe, they can pay Euros,

even though their income is in US dollars. One great thing about Forex is that trading is open 24 hours a day, butit is closed on weekends. That means, you don't have to wait forthe market to open during the week, because it's always open! There's a lot more to learn about Forex.So, if you're interested, check out the Learning Center on Binary , where youcan explore tons of educational resources. Or if you'd like to jump rightin,

sign up for a virtual account at Binary , where you can start learning how to trade for free. Hope you've enjoyed this short tutorial onForex from Binary . Sharp prices. Smart trading.

### Binary Options Trading System 2016 Best Forex Trading Strategies to Make Money Online

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