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.
Traders Millions By The Minute Season 1 Episode 1 Full Episode
This programme contains some strong language For more than 160 years, the floor of the Chicago Board of Trade, the world's biggest commodities market, has set the scene for traders to win or lose a fortune in an instant. 'What I can make on a good day could be tens of thousands of dollars. 'I could also lose tens of thousands of dollars and I've done both.' TRADERS SHOUT 'The market has a way of testing your limits.
'In the middle of June I've lost my year,' I've literally lost my year, what I'd worked six months for, in a day. Whaté! They're ten bid. Shit, not any more! But the traders' world is changing. Now, the vast majority of global transactions are electronic and the markets have grown far bigger and more complex than ever before. We do over 100 billion of business a day across the whole world. We will be sending out, at any point in time,
more than a million quotes. One to two billion! There is no way that a human being can process that. But whether traders are competing facetoface or against the screens, to succeed in one of the bestpaid professions in the world, the psychological battles remain the same. There's no other job like it. You don't have a builder build half a wall on Monday and then
knock it down on Tuesday and then build it again on Wednesday. It would drive them insane. Anything can happen at any time and how well you adapt to it is going to determine your performance. It's a competition. From the unforgiving lows to the spectacular highs, meet the men and women who have chosen a life inside the ultimate riskandreward business.
Golf gives me a chance to get away from all the numbers and clear my mind a little. Virginia McGathey often risks hundreds of thousands of dollars a day to do her job as a broker and trader. Imagine you having to be at your peak performance, being able to jostle numbers around for four hours straight. Taking it downtown! Focusing and staying sharp mentally and physically,
really requires an enormous amount of energy and effort. We've had a few people with heart attacks. The stress of it can really take you down. Despite the pressures of the job, Virginia has worked at the Chicago Board of Trade ever since she started as a runner at the age of 17. Now she runs her own company dealing in commodities like wheat, corn and soya beans on the grain futures market.