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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 – in this case we are betting in the opposite direction.Let's open 4 windows with different positions

– 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 – 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.

Trading Software Option Bot 20

Trading Software Option Bot 2.0 the welcome to option but 2.0 in this shorttutorial demonstration I'm gonna show you how option but worksand how you can use option but to make more winning trades so firstly option but he lies is 15currency pair simultaneously as can be seen in the drop down menu tothe left to the software as the default setting it's looking at15minute intervals

where there has been a 20 pip movement you can raise or lower the PIP settingusing the arrows next to the pit box and you can also set the time setting toone minute intervals fiveminute intervals 30minuteintervals and one hour intervals however for the purpose of this demowe're going to stick with the default settings here on the right of the software you'llfind a list a binary options brokers that are compatible with option but nowplease note:

you must open an account with the brokerfrom within the software in order to receive accurate signals so first let's a look at Redwood binary here I havefour thousand 877 dollars and twentynine since in mytrading account in 24option I have five thousand sixhundred fifty eight dollars in 15 cents in I option I have three thousand threehundred thirty dollars

in fifty cents with the energy binary I have fourthousand 879 dollars in 20 suits and finally with the L binary I have1,3' dollars and fifty cents giving me a total 20,000 eighty fourdollars and 64 since to trade with across allfive platforms very important that you only use brokersfrom this list and that you only open accounts within the software

otherwise the data feed will not seecorrectly it can result in incorrect signals for the avoidance of doubt we do notrecommend that you trade outside of the software so now we simply wait for option but toprovide it for signal when option but does provide a signal itwill appear in the lefthand pane of the window who were either say call which means upor put

which means down along with the timethat the signal and the currency pair that has had the20 pip movement when you receive a signal simply place atrade in the direction its alerting you towith fiveperson a few trading balance across of I platforms this is called trendtrading there are a few reasons we trade acrossfive platforms firstly each trade you place we'recommitted a slightly different point

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