60 Seconds Simple Binary Options Strategy

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Binary Options Trading Strategy – Best 60-Seconds Strategies

Today we are going to share our binary options trading strategy with you. This strategy is designed to help you identify whether you’ll like trading binaries and teach you how to trade binary options the right way. If you prefer to play it safe over gambling, you’ll need a strategy or tactic to help you master binary options and other trading activities. This is where our TSG team comes to the rescue. We will provide you with the best binary options strategy.

The main reason we’re interested in learning about trade binary options is the fact that binaries simplify what we’re already doing in Forex. At the same time, binary options also allow us to make more money in the process. We are also controlling the risk.

Binary options are easy to understand. This is coming from someone who has little or no experience in the area. If your favorite approach to trading forex is to jump in on a fast price movement and ride the intraday trend for as long as the momentum lasts, you can learn how to make money trading binary options very quickly.

When we first discovered binaries, the light bulb in our heads turned on. We figured out the same thing that we’ve been doing in Forex can be done. But walk away with 75%, even 95% winning trades because we only needed to get the direction right. No need to worry about how many pips we could grasp in the process.

And that, my friends, is the real beauty of binary options.

What are Binary Options?

Binary options are a form of derivatives that have a fixed profit or loss. Trading binary options is simple. All you need to do is ask yourself a simple yes or no question. Will the price of the underlying asset be worth more than the strike price at the expiration date?

Now, let’s start by understanding how binary options work.

Essentially, we can trade binary options for any type of instrument. Whether it be commodities (Gold, Oil or Silver), Forex exchange currencies (EUR/USD, GBP/USD or USD/JPY), or stocks (Amazon, Tesla or Twitter).

So, the first thing you need to decide upon is to select the asset to trade.

Second, before submitting our trades, each of these instruments has a current value at any given point in time. How to trade binary options depends on our trading skills. It is used to predict where the current value will be some time in the future. In other words, we must use our skills to predict the market direction. This will determine our success in trading binary options.

The market can only go up or down. If we believe the current value will go up in the near future, then we buy a Call option. On the other hand, if we believe the current value will go down in the near future, we buy a Put option. Read more about call options vs put options.

Third, we need to determine what the most critical aspect of trading binary options is. The expiration time will ultimately determine if you’re making a profit or not.

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Trading binary options require you to correctly forecast two things:

  1. Whether the market will rise or fall.
  2. Your forecast needs to be accurate during a certain time frame – called the expiration time.

If you’re right on the market direction by the time of the expiration time, you earn a profit. Being wrong means you incur a loss. The way binary options works is that if you’re right on the market direction, you’ll get a percentage of what you initially invested in.

Typically between 75% and 95% and in some cases, even 100% of your initial investment, depending on your Binary Options Broker.

Supposing we’re wrong on the trade, then we’re going to lose the whole amount invested in the short term.

We have made a nice infographic that highlights the four steps on how to master binary options trading.

Now we’re going to focus on step two, which is how to predict the price movement. If you manage to figure this out, then knowing how to make money trading binary options will be a piece of cake for you.

Now, before we’ll outline a method on how to make money trading binary options, we always recommend taking a piece of paper and a pen and take notes on the rules of the best binary options strategy.

In this demonstration, we’re going to look at the buying Calls.

The Best Binary Options Strategy

Our team at Trading Strategy Guides is ready to share with our beloved trading community our 60-second binary options strategy. We don’t just hope this strategy will make you money, we’re certain it will. The mathematical model behind this binary options trading strategy has a proven market edge.

The only tool you need to trade binary options successfully is the RSI indicator.

Even the RSI indicator is not good enough if it doesn’t have the “right” settings. The RSI default settings need a little bit of adjustment if you want to master the 1 minute time frame. We use a 3-period RSI to trade binary options profitably.

Naturally, a lower RSI period means that the indicator will tend to be noisier than normal. But it is more responsive to the immediate price action. Along with the RSI settings adjustments, we also played around with the overbought and oversold readings. We found out that by using an 80 RSI reading for overbought and 20 RSI reading for oversold condition, we get more accurate day trading signals.

*Note: Make sure you adjust the RSI settings before you jump into the binary options trading strategy.

By changing the RSI overbought and oversold line, we have eliminated the noise. So now we’re ready to highlight our binary options step-by-step guide:

Step #1: Find an instrument that is showing a low the last 50 candlesticks. Use the 60-second chart (1 Minute TF)

The 1-minute binary options or the 60-seconds time frame is the best chart for trading binary options. In other words, the best binary options expiration time is the 60 seconds time frame.

We recommend highlighting the starting point on your charts. And the ending point of your 50-candle low that you have identified. Simply draw two vertical lines on your chart through the starting point and ending point of your 50 candle low.

When you count the 50 candle low, you should always start from the current candle. Then go from the right side of your chart to the left side of your chart. If you manage to count 50 candle low, obviously the starting candle point will be your 50 candle low.

Moving forward, it’s time to put the RSI indicator in use and spot if we have extreme oversold reading or not.

Step #2: At the moment the 50 candle low develops, we need an RSI reading of 20 or below

Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal. An RSI reading below 20 shows that the market is in oversold territory and it can potentially reverse.

In our example below, the 1-minute EUR/USD chart is satisfying the two conditions.

Keep in mind that in order to move to the next step, we need the 50 candle low. We also need an RSI reading below 20 to happen at the same time.

We added one more factor of confluence that needs to be satisfied. If used in conjunction with the previous two conditions, it will make you a money maker binary options trader.

Step #3: Look for a bullish divergence to develop between the RSI indicator and the price.

When trading reversals, you need to be as precise as possible. The more confluence factors you have in your favor the more accurate the reversal signal is.

What we need to see here is for the price to continue moving lower after the 50 candle low was identified. At the same time, we need the RSI indicator to move higher in the opposite direction.

If the price moves in one direction and the momentum indicator moves in the opposite direction, it means they are diverging from each other. This signals a potential reversal signal.

Now it’s time to highlight how to find the right entry point for the binary options trading strategy.

Step #4: Buy a Call Option after the first candle that closes above the high of the 50 candle low

The first thing you need to do is to mark on your chart the high of the 50 candles low with a horizontal line. The first candlestick formation that breaks above this high is your trade entry signal to buy a 60-second Call option.

It’s that simple!

After you decide the amount to invest and pick the 60-seconds as your expiration time, it’s time to sit back and wait 1 minute before hopefully collecting your profits.

Step #5: You collect your profits if the next candle closes higher than your trigger candle

If at the expiration time, the price is higher than the price you opened your Call binary options, you’re lucky because you’re about to check-in a big payout.

For example, if you’ve invested $1,000 and your binary options broker offers you an 85% payout, it means that you accurately predicted the outcome of a trade. You get back your initial investment of $1,000 plus the 85% payout which in our case is $850 in profits.

If you want to buy Put binary options, use the same binary options guide, but in reverse.

Conclusion – Binary Options Trading Strategy

Before learning how to make money trading binary options you need a great Binary Options broker. You can’t start hitting home runs right out the gate without making sure you have a binary options broker who wants you to succeed. Secondly, you need a strategy based trading technique to reveal the market direction. You only need to forecast if the price will be up or down during the next 60 seconds, making it very convenient.

We use a heuristic approach to speculate on which way the price is going to move during the next 60 seconds. At the end of the day, traders are looking for a reliable binary options system that will help them make money from trading.

The good news is that the best binary options strategy is exactly that system. Our team is built of many traders with experience in the industry, including binary options traders who know how to make winning trades. We’re ready to help you with every step of the way.

Thank you for reading!

Also, please give this strategy a 5 star if you enjoyed it!

Don’t forget to read our guide on regular options trading for beginners here.

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Best Binary Options System

Every investor wants to make an investment that would bring the highest returns within a short span of time. Binary options trading, also known as digital option trading, promises huge profits for an average investor with limited or no knowledge of the financial operations in the market. Through the call or put trade, the investor can make predictions regarding the behavior of assets in the market. The best binary options system provides the user with the right equipment and information to make predictions according to the data. A number of binary options systems are available that can either be bought at certain price or can be downloaded for free.

Global Money 24
Global Money 24 is considered the best binary options system by some people as it makes the binary options trading easier through the real time graphs. These real time Meta graphs are simple to read and can be used to make correct and informed predictions about the value of the assets. This is known as Graphic Trend Analysis. The binary options system allows the trader to make small investments at a time and gradually earn huge profits through these investments.

60 Second Profits
60 Second Profits is a binary options trading system that employs a strategy of quick profit earning through limited period investments. It is the best binary options system for the traders who want to earn profits in a short time. The trader can earn by predicting on the small fluctuations in the value of assets over a short period. If the trader predicts at the correct time, he can make money within seconds as the shortest expiry starts from 1 minute. The profits might be small for short expiry periods but it is definitely a worthwhile investment for new investors.

The Binary Options Strategy
The Binary Options Strategies works on the same principle as the 60 Seconds Profits but the shortest expiration period is 15 minutes. This system also allows the traders to predict by choosing call or put option on small fluctuations in the value of assets including stocks, currencies and other commodities. It claims to be the best Binary Options System as it is one of the oldest systems in practice. This system also provides a trader insight utility that guides the traders to make educated and low-risk-inducing choices. The trader can choose to predict according to or against the statistics displayed by the Trader Insight. The new investors are recommended to follow Trader Insight only if it is 75% or above.
Every trader wishes to choose the Best Binary Options System that would enable him to make huge profits and always be in the money. Risk is always involved in all types of trades but the risk in binary options trading is far less as compared to other options. Only the amount invested in choosing the call or put option is at stake. If the trader makes wise decisions at the right time and uses the features provided by the systems effectively, he would always be in the money.

Do You Have a Trading Plan for 60 Second Options?

Do You Have a Trading Plan for 60 Second Options?

Having a trading plan is important no matter how you trade, but for a 60-second trader, a plan is even more critical. Why? Because there is a lot to think about and deal with when you trade, and when you are trading fast, you have even less time to get it all done. For a beginning trader in particular, it can be easy to forget to take important steps, which can cost you money. Even if you have been trading for years though, a plan can be helpful, because it can keep you on track and oriented. Even veteran traders can make mistakes, and why make mistakes you can avoid? Learn about 5 of them here.

Here are some of the elements which should be included in your 60-second binary option trading plan:

A trading method or system.

This is one of the most important elements in any trading plan. This is a set of rules for entering and exiting binary options trades. It tells you what to look for in terms of indicators or events, and what constitutes a good setup. It also tells you when you should consider closing out early or doubling up or rolling over. It is helpful to have this written down. Again, when you are trading 60-second binary options, things go fast. You want to have your trade rules in front of you so that you can immediately spot any changes that might prompt you to take action during a trade.

Money management rules.

How much of your account will you risk on each of your trades, as a percentage? How will you calculate that percentage?

When will you look at the charts?

As a 60-second trader, even if you are using trade alerts (click here to learn more), you are probably planning on spending a fair amount of time sitting in front of your computer looking for great trading opportunities. It’s tough to manage 60-second trades from a distance. If you do use alerts, odds are you’ll be using auto-trading to help you execute trades, since the opportunity may be gone by the time you get to your computer to manage a trade.

Most traders who work with very short expiry times like this will plan to spend a couple hours a day in front of their computers, looking for entries and actively trading. You will need to figure out the best days and times based on your schedule and the assets you are going to be trading. Make sure to not only plan times to trade, but also time off. You need to take breaks now and again, and you should not be spending all your time 24/7 in front of your monitor. Also in the scheduling arena is the question of how many trades you will be in at a time. Many people can only handle one. As a 60-second trader, you probably can handle several at most.

Assets to trade

You may trade a lot of different assets or only one or two. It is all up to you based on your trading method and your schedule.

Checklist

A plan may sound a bit like a checklist, and in a sense it is one, but it is a broad checklist, and you also are going to want one for trading in real time. This checklist will include elements like this:

Are my entry criteria all met?

Is the trade located in a sound context?

Am I already in another trade?

Did I correctly calculate my investment amount?

And so on. The idea is that before a trade, during a trade, and after a trade, you have a set of instructions to guide you. That way even in the thick of the action or while you are trying to handle difficult emotions, you can keep on track. You might even have checklist items that help keep you focused. “Am I in the right frame of mind for trading?” might be one question you ask yourself. If you are not, you might defer trading until later. You can also have checklist items for while you are in a trade. One example might be, “Do I have reason to believe that rolling over in this trade will make me more money?” After a trade, you can also have a checklist with questions like, “Did I follow all my trade rules correctly? If not, what did I do wrong?”

Plans to develop self discipline.

As a binary options trader, you are relying on your own self-discipline to keep you profitable. All of these trading plan elements are useless if you don’t pay attention to them, and no checklist in the world will keep you focused without any follow-through. So part of your trading plan should include strategies to hone your own discipline. This is a different process for every person.

For some traders, following a plan can in itself be an exercise for improvement. For others, it may help to make other plans, like deciding to get up by a certain time each day, eat well, or exercise regularly. For traders who have a tendency to overwork themselves, discipline can even mean making time regularly for leisure and socializing. However you choose to approach this, it is key to remember that you cannot succeed at trading unless you are able to develop this aspect of your personality. The good news is that nobody is born with self discipline, but anybody can develop it with enough determination.

Why are you trading?

Answering this question should comprise one last aspect of your trading plan. You need to be in touch with your personal motivations and goals. Some goals are reasonable an realistic, while others are not. Unrealistic goals are not necessarily unachievable, but they are the types of goals which drive reckless trading decisions. A good goal might be, “I intend to become a profitable trader who can achieve repeatable, consistent results over a long time frame,” or “I want to trade 60-second options for a living.”

An unrealistic goal might be, “I want to make $500 an hour trading binary options.” It is not impossible to do, but it promotes foolish decision-making. There is nowhere in the world of binary options where this is more common than with 60-second options, unfortunately. The idea of making a huge amount of money within a one-minute time frame is so tempting that many traders are drawn in by slogans like, “Make $500 an hour,” or, “Make $100 in just one minute!”

This is not what trading is about. If you attempt to set up a profit quota like this, you will make foolish trades out of desperation in order to meet your hourly goal. Instead, why not strive to meet the goal of making regular, repeatable profits? You could also set goals like, “I want to become more disciplined through my trading and become better at following the rules I create for myself.” Do that, and the money will take care of itself. Monetary gain is the inevitable result of making sound trading decisions which lead to profit.

After putting together a trading plan but before jumping in check this out to get a few more tips.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Binary Options Trading School
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