# Forex Binary Options Explained

## 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.

## What are Binary Options Full Explanation and Basic Trading Strategies

Hi and welcome to real binary optionsreviews! in this tutorial I'm going to explainwhat are binary options and what you can trade with binary optionsand we're going to take a look on how to make a trade and we're going to see some possiblestrategies that you can use with binary options trading.

And I'm going to tell you where you canget some basic education. So first you can just take a look at this tutorial, and if you find a thing interesting you can find the links belowthis tutorial that it will take you to the stepbystep tutorial which will help you understand allaspect of trading and of course which will help you tostart training and making some profit. So first I justwant to start with a simple explanation of what are binary options.So binary option

is a type of trading where you trade thedifferent stock market assets that are basically traded on the majorstock markets. It's a a very simple way of trading soit's easy to learn for beginners. And first I just want to show whatyou can trade. second trading this is you can trade currencies or forks or you can trade stocks and you can tradecommodities like oil gold silver and so on so

how do trade how do you make the trade armed so let's go here I'm basically a currency trader myself Ilike to trade currency pairs so if I opens chart here it's a of theeurodollar this is the training interface and it'sall very simple the basic betray dingus that I think wehave to predict a which way the chart is going to meanso this chart here it represents the price

over the euro in comparison to theballer so at all times a cold war stock marketsthe tradeoffs are constantly buying euro selling baller buying dollarselling euro and of course this effects the you're aballer price and the to be able to make a successfultrade with binary options trading I think wehave to select the direction in which I predictthe chart is going to more so if I could hear hi you see this zonecaller

in the great so if I would answer mytrade here at this position and I would trade for the chart to go upif the chart would go up in my predetermined expiry time %uh from then this will be a winningtrade and the on the other hand I can alsoselect for the chart to go down so again if my prediction is correct andthe chart will go bomb in my predetermined by I'm I will make awinning trades on the other hand if I select bow