# Test Trade Binary Options

## 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.

### Algobit Review How to make 150 a Day with Binary Options Trading

I want to welcome all of you, in this tutorialI am going to show you a relatively new online money making method, which is called binaryoptions. For those, who do not know anything about the binary options, I am going to enlightenthem and also show a strategy that can be copied by anyone, and does not even requireprior knowledge, but helps you earn 100150 dollars easily in only 12 hours a day. Butlet's have a look at, what binary options really are!As I mentioned, it is a way of trading, where you have to decide, whether the price of acertain asset will be higher or lower in a previously defined future moment. That assetcan be anything, what is listed on the stock

exchange, so we can talk about shares, commodities,currency pairs and others. One of the specialties of the binary trading is that you only haveto guess the direction, so the extent of the changes does not matter. In case you guessthe direction right, you can make profit. The other specialty is that the positionscan be opened for an excessively short time period, because transactions at most brokerscould run 1, 2 or 5 minutes long. It means, in case you guess the direction right, youcan make 70% profit and this way your money can be doubled within some minutes. Let'shave a look at an example, how it looks in reality!Now I am logged in at a brokerage firm, and

it can be seen, that I am now paying attentionto the EURUSD exchange rate. I set a 5 minute long time period. To be able to trade I onlyhave to do one thing: I have to set, how many dollars I want to trade with. Let's say,I set 50 dollars. I will have a look at the present exchange rate, then I will have todecide, whether the exchange rate will be higher or lower within 5 minutes. I thinkthat the exchange rate will be higher. You can see below, in case I guess right, I canget a payment of 76%, so I can make 88 dollars from 50 dollars and all these within only5 minutes. It is important to mention, that it doesn't matter, how the exchange ratemoves within 5 minutes, only one thing matters:

is the exchange rate higher or lower at theend of the 5 minutes. Of course, it is not that easy. If you wereto guess the direction on your own, it would be just the same as gambling away your moneyin an online casino, because there is only a 50% probability of winning. That is whyI am going to show you a strategy, with which you can bring your winning chances above 90%,so that the payment of 100150 dollars can be reached by anyone.To trade successfully, you have to understand two problems, which we have to eliminate whileshaping our strategy. One of the problems is, how to guess the direction of the changewith good chances. As I mentioned, we do not

want to gamble in an online casino and have50% probability to guess the direction. That is why we have to find a good method thatgives us higher probability to forecast the changes on the marketThe second problem is, that not each of our trading can succeed, because there is no method,that could guarantee us 100% probability, that it could forecast, whether the exchangerate of a share or a currency pair will be higher or lower. That is why we have to finda method to make winning positions from our losing ones. In the following, I am goingto show you the solution to these particular problems, so that you will also be able tocopy these techniques and make money. So let's

have a look at the first problem! How canthe market trends be predictedé A short time ago I drew a parallel betweentrading with options and gambling in online casinos, but there is a huge difference betweenthem. In online or physical casinos things happen accidentally, but when trading withoptions the changes in the exchange rate of certain shares or currency pairs do not happenaccidentally. They happen due to some economic events. These economic events can be predictedwith a relative certainty by the help of different analytical methods like trend analysis. Easierto say, whether we have to be acquainted with analytical methods, or we have to find someone,who can use these methods and does the calculations