Most investors who first time come into contact with Forex market or binary options (BO) tend to choose the lowest possible intervals, counting on quick profits. In the article below we would like to present another – definitely safer approach to the BO – based on the end of the day strategy. Its main purpose is to play options expiring at the end of trading day. Low intervals = high risk Brokers of binary options now offer options for the most popular currency pairs, commodities and indexes expiring within 60 or even 30 seconds. While this can be an interesting way to invest and secure positions for experienced investors, for a newbie trader this can be to dynamic environment leading to a quick account wiping.

• Best Binary Options Strategy
• Binary Options Strategy

Engulfing Pattern, Binary Options Strategy High/Low, End of Day. Strategies on patterns for binary options: engulfing pattern. Remember me This is not recommended for shared computers. If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. End Of The Day Expiry Explained When using the EOD expiry options you are predicting whether the price of the selected asset will be higher or lower than your entry (Strike Price) before the New York market closes.

Best Binary Options Strategy

To get familiar with the market environment and how it works, it is definitely better to focus on options with longer expiry time. Great examples are intraday options that expire at the end of the day (usually between 21 and 24 depending on the session and the selected item). What are the biggest advantages of this solution? • Investor makes decisions based on H1 chart or higher – the technical situation is not so volatile and we have more time to make a decision.

Work at forex broker. • A clearer trend is drawn during the entire session or earlier – thus avoiding the risk of unnatural behavior during volatility due to macroeconomic data and underlying events. • You can identify a longer market trend, which reduces the risk by giving you a greater advantage and a chance of effective closing options • Overtrading protection – By investing in end of the day options, the investor is not in a position to over-trade as would be the case for short-term options (for example, a dozen transactions at the same price within a single session) • Favorable return levels for options expiring at the end of the day – on average 80%. Every day in the morning on Comparic.com we present two analyses for options expiring at the end of the day. The technical image is based on Price Action combined with S/R lines and trendlines. In the following strategy we would like to present a slightly different approach, using more technical analysis tools. Basic assumptions of the end of the day strategy The approach proposed in this article is based on several basic assumptions: • Investing based on Price Action and its elemental formations • Using H1 (hourly) charts – regardless of the MT4 platform provider, hourly candles always look the same (H4 graphs may differ significantly from each other due to the different server times). More sophisticated traders can also use the M5 interval to make a more precise entry into the transaction • Use of pivot point (PP) and Fibonacci retracement in intraday analysis • Investing in the most popular assets – the main currency pairs are characterized by the highest liquidity, the smallest amount of incorrect quotes, and the most favorable returns • Limited exposure to a particular currency to reduce risk – Avoid placing multiple positions, for example Pound (PUT GBP/USD, PUT GBP/JPY and CALL EUR/GBP).

Binary Options Strategy

In this case, when the market moves “wrong” direction than expected, all positions will be a loss. Therefore, it is important to choose different currency pairs • Analyses are made in the morning – preferably before 12:00. Alternatively, they can also be done in the afternoon, but not later than 3 hours before the option expires. Preparing the chart At the very beginning, we need a Pivot Point (PP) indicator.

Binary options brokers scam. US Always Cracking Down on Offshore Brokers Another reason to avoid offshore brokers and stick to options like NADEX, however limited they may be, is that this country is always cracking down on binary options companies it has not licensed.