# How To Trade Binary Options For Profit

## 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.

## IQ Option Binary Options Using Martingale Trading Strategy

How to earn \$200 a day in the comfort of yourhomeé I earn with binary options, namely with Iq Optionbroker. Why Iq Optioné Because it has the highest rates for transactions, i.e. Iq Option hasup to 92% payments per one deal! I also find it very convenient because theywithdraw money within 3 days, but in fact it's much more quickly â€“ three days aregiven taking weekends into account. I use a Martingale strategy! What is the Martingalestrategyé You place a bet, you lost â€“ your next bet doubles. But this strategy does notquite fit binary options, so I upgraded it a bit. In my strategy, I bet a completelydifferent sums and each time in the opposite

direction. Why is thaté Because if there isa longterm trend, we won't be able to win the position, so we need to play in the oppositedirections. This is how it works.We bet \$1, for example, for a fall, and if suddenly our position does not win, the next\$3 we bet for a rise already. If the position wins, we still bet for a rise, but \$1. Ifwe lost \$3, we bet \$8 and so on. The table of bets is shows in the corner of the screen.So, we have bet \$1 for a fall, and it won. Now we need to bet \$1 for a rise.The Martingale strategy has never failed me, and I have never reached the 7th bet, i.e.I never had to bet \$191. Therefore, I'm 100%

confident in my strategy!You don't have to be a genius or have any economic education to understand how it works.So, we bet \$1 for a rise, and now we wait for this position to close.We won again. Actually, I want to show you the loss.But now we bet \$1 for a fall again and wait for the result.Before, I worked at the factory for 10 hours a day and got paid peanuts. But after I knewabout Iq Option and binary options, I finally quit the factory and I do not regret it.My friends were shocked when they learned that I quit and went travelling; everyonewanted to know how I make my living. I didn't

conceal it from my friends, and some of themalso began to earn good money with IQ Option. Here at last we lost the first bet, and nowwe need to bet \$3 in the opposite direction. A friend of mine still has a job, but he downloadedan app on his phone and is quite successfully trading in his spare time, for example whilein traffic jams. Our \$3 bet lost and this is even good, becauseI am sure that we have to win the next bet! Now we bet for a fall in the opposite directionand wait for the results of the next bet, but now we have bet \$8. Why do we bet \$8éTo win back our previous losses. So it turns out that we earn about \$1 per minute.I earn from \$200 to \$500 a day!

And now our bet won. We return to the \$1 betand place it in the opposite direction, i.e. for a rise.If something is not clear to you, you can follow the link in the description or visitthe website that you see in the tutorial, you can find my contacts there, ask me any questionand get the relevant bonuses from me. Our bet loses again and we now need to bet\$3 in the opposite direction, i.e. for a fall. IqOption often arranges promotions and providesa variety of bonuses for both beginners and regular brokers. Sign on the link in the descriptionand track the promotions! We have got our \$3 back is now we again bet\$1 for a rise. Actually, I kill the clock

only because I want to show you a protractedseries of losses, demonstrate how to behave in a given situation. The most important thingin my strategy is not to panic and not to deviate from the strategy, do everything clearlyand without emotion. We won the previous bet, and now we bet \$1for a fall. I hope we will lose now and I can show you a series.In the near future, I am going to raise my initial bet to \$10 â€“ now I bet \$1, but Iwant to start with \$10, thus earning ten times more. I'm 100% confident in my strategy, andif you have any doubts, you can simply register a demo account and try trading using thisstrategy â€“ you will be surprised how easy

### Binary Options How To Trade Binary Options Using Martingale Strategy

Binary Options, my dear friends and followers! This is Matthew Coleman again with you and now we show you as usual, how I make money on the binary option platform, called IQoption. I've been trading on binary option for a few years and during this time I found strategy that works with no mistakes and I made money with it for a long time. Here is \$1,400 on myaccount, you see it's real money, it's real account. There is no demo mark below my name and now I'll trade on your eyes and show you how it works. So I will use the Martingale system, Martingale principle, which will allow me tomake good money and work on this binary option.

It's main principle: if we lose our bet next time we have to make a stake, which is two and a half times bigger then the lost one. And once we win we get back tothe very first initial bet. So here I made a bet of \$100 and I won and I have \$188 after this bet. So I have one this bet and now I make the same \$100 bet. Here we go. I make a bet. I predict that the currency paragraph will go down, but as we can see I might be mistaken and in the case if I lose this bet next time I will have to make a stake of \$250 and even if I lose that stake of \$250, my next bet will be \$625, which is two and a half times bigger then lost one. Here I see I won this bet again so I make an initial bet of \$100 and I made a Put bet.

So I anticipatethat the currency graph will go down after my bet. So most of the traders have to win 6070% of their bet to stay profitable during time. And they do all this difficult things like technical analysis, indicator some the graph, learn international economics and so long. But in our case we can lose 3, 4, 5 ormore bet in row but we need to win only once and after that we get our profit. So in this system (Martingale system) we can lose a few bet in a row, but once we win, only one single bet, it will cover all our previous losses and even get profit. So in our case now I have lost \$100 bet and I will make a bet of \$250.

So I made this bet and now see how it works. If we win this bet our profit will be \$470, so it covers all our previous losses and all these stakes. So it covers this stake of \$250 and the previous bet of \$100 and gives us a little profit in this operate This Martingale system is quite simple but in the same time I think only the most clever of you will completely understand it and start to make good money with it. So you see I've lost a first bet of \$100 and then I have one bet of \$250. And get a profit of \$470. Right on your eyes you see how easy is to make money with this system,

but if you don't use this system you may really lose your money. So I was working on this binary options platformfor a long long time and I found that this system, Martingale system principle is the only thing that helps to make good money without risks. After I won the bet of \$250 I go back to my first bet of \$100 and now you see I have won again Here is \$188 profit everytime Okey, I will make. Oh, not very good moment but that's ok. Our Martingale system will let us win in any case. I start from \$100, so my first initial bet is \$100, because I have enough money on my account

I have \$1,684 on my account But you can start from any amounts, you know which is proportional to your deposit amount So less money you have on your account the less stakes you made We don't analyze Forex market deeply, instead of this we have a perfect moneymanagement system, which allow us to stay profitable all the time See one again. I make a Put bet, so I predict that the graph of the currency pair will go down. That's why for us is no difference which assets we use for our trading.