Proven 60 Seconds Strategies Should You Use Them Binary Options 2020

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Contents

Proven 60 Seconds Strategies: Should You Use Them?

As trading continues to show great advances you will see many innovations for the ways to get profits from the markets. And one such example are the 60-second binary options. This type of trading has become quite popular over a couple of years and a lot of trading brokers are now offering this trade to the clients.

Contrarily, 60 Seconds might not be ideal for all traders. Careful approach is required for money management. It’s not very recommended to use the martingale money management plan, as it is one of the reasons why many traders lose their money.

Similarly, one needs to have the ability to identify the potential trading opportunities at the right moment. With clear trading plan and appropriate market conditions, you can utilize 60 Seconds effectively, whereby making substantial profits within a small period.

Can You Use This Strategy?

Any Forex trader might tell 60 Seconds binary options as a sheer gambling. As a matter of fact, it is, but only when you have no clue of what you are doing. Simply knowing that a strong strategy together with money management can fetch you profits will not be enough.

Instead you should understand the logic behind the strategy. However, you should equally have experience in price action. You are recommended to trade for a few months till you get into the veins of the price movement and the other indicators.

Take a look at some 60 seconds strategies

SuperSignal Binary Trading Strategy

The SuperSignal strategy for binary trading is, according to our opinion and experience, one of the best low timeframe strategies. It should be profitable if all indicators were used and money management rules obeyed. Beware of the occasional occurrence of false signals and open trades at your discretion…

GOD Strategy binary option trade

GOD strategy is one of the most successful strategies for binary options with one minute (60 seconds) expiration time. Its based on 3 indicators and it‘s signals are relatively accurate. They are also generated very often. On average one signal every 15 minutes…

60 Second Strategies Purpose

You need to figure out a reversal in the direction of the price and catch a trend. When you are seeking one minute expiry, small patterns should be analyzed instead of considering the big picture.

Installation of custom indicators to the MT4 platform is often required. How to install strategies in Meta Trader 4. Plus, a set of rules should be always followed that will send you signals for Put and Call binary trades. Don’t worry, all this info is by every strategy on our website.

Simple Yet Effective 60 Seconds Strategy: Dos and Don’ts

While choosing 60 Seconds binary trading strategy keep in mind that that the asset’s volatility can determine whether your trading session will be profitable or not. Additionally, you should ensure that you never enter more than 1 trade every 5 minutes – it’s not recommended, because it could lead to a big loss. Good luck with trading!

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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.

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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.

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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60 Seconds Strategy

60 Seconds Strategy. A real strategy or just a fad?

At the risk of going against what most binary options websites and blogs claim, I say the 60 Seconds Strategy does not exist.

What exists is a binary options type of trade, using existing strategies, with a very short time interval. 60 seconds is just one of the formats available for this financial instrument.

Tips from our Professional Trader: 6 reasons to have 2 accounts

Do you know that you should work with more than 1 broker?
Check the 6 reasons why you should have account with at least 2 brokers:
  1. Each platform has its differences. If you try different platforms you may find those more suitable to your trading style.
  2. Each broker has his own payouts that keep changing during the day. If you want to open a trade and one offers 60% and the other 80%, you will choose the one with best payout, no?
  3. Sometimes the brokers close some assets, if you have just one account and you want to trade on that asset and it is closed, you will LOSE that trade, no?
  4. If there is an issue with your Broker’s platform, or they are updating it you’re not able to trade, unless you have another account with other broker.
  5. Deposits and withdraws. Brokers keep changing the deposit and withdraw methods, imagine you need cash fast and your withdraw system is closed at that moment on your broker, what do you do?
  6. Each platform has its owns indicators and trading tools, imagine you found a new stratey and it does not work on your broker because it uses an indicator that your broker does not offer.

Below you can find our main trader suggestions on brokers:

But then if in reality there is no strategy, why is the 60 seconds Strategy so famous?

Well, imagine that you are watching a great game of football and it’s half-time.

Wouldn’t you like it if half-time passed quickly? 60 seconds, just to go to the bathroom and get another beer from the fridge? Well, actually that’s it.

For some time the shortest format in binary options was 15 minutes.

What happens is that when people open a trade, they want to see the result right away, we want it to finish soon, and to have to wait 15 minutes is too long.

On the other hand, someone who works doesn’t have time to be looking at the computer all day to trade, but if they can take 2 minutes to look at the graph, analyze, place an order and wait 60 seconds, then it is possible.

Hence, the brokers decreased the time-frames and offered assets with increasingly short time-frames.

This development increased the trading volume in the binary options market.

It resulted in more profits for the brokers and more profit opportunities for traders (customers).

However, in order to trade binary options in shorter-term formats, 60 seconds, 30 seconds, etc.

You must always use one of the “normal” strategies and adapt it to the shorter time intervals, and not use any particular one called 60 Seconds Strategy.

In Forex there is a type of trading that’s called Scalping which is similar to 60 Seconds Strategy because the negotiations are very fast. I traded using this format, and for me, there are three strategies that can be applied to trading in 60 seconds.

Strategies where you can use 60 Seconds Time Frame:

1 – News Trading

As soon as the news is out, you have to place the trade, in the first few seconds, as soon as you see the price taking a direction. To understand this strategy read the article News Trading.

2 – Using the Support and Resistance strategy

Basically, follow the steps I explain in the article Support and Resistance Strategy but using 1 minute time bars. You should avoid using this strategy in the hours when important economic news is announced, and during periods of increased volatility in the market where the possibilities of the price exceeding the supports and resistances are larger.

3 – With the Trend Following Strategy

You must understand the strategy that is explained in Trend Following Strategy and then adapt it by using the chart for smaller periods. You should avoid using this strategy in the hours when important economic news is announced. You can use it during periods of increased volatility in the market if the asset is in a defined trend.

When I trade using shorter time periods, I usually opt for assets such as EUR / USD, GBP / USD, EUR / CHF, USD / CAD. I use some of the Majors pairs (the most important ones) of the Forex market. One that was able to get good results was the EUR / CHF using the strategy of supports and resistances with two graphs one in the 1M and the other in the 5M (see the image of the article on strategies of supports and resistances). In the remaining pairs, which is a risky method, what I advise most is using News Trading Strategy.

60 Seconds Strategy – Advantages:

  • Possibility of making a lot of trades each day.
  • Not having to wait long to know the result.

60 Seconds Strategy – Disadvantages:

  • Since it is a short interval, sometimes it takes just a small detour to lose or win. Which makes it more difficult to make a correct analysis of the market and a more accurate forecast.
  • In the event of losses, we sometimes tend to want to insist on the trades, and sometimes in the short time we are emotional we destroy the work of a week or a month. The advice I always give is to stop after 3 losing trades. Close the platform and come back the next day. It is the best advice that a trader can give.
  • Within the 1 minute/5 minutes ranges the price moves a lot, not having a stable behavior. Sometimes everything indicates that the asset will move in a certain direction, but it takes a bit longer and the trade closes before it has had time to actually go to where we thought it would.

60 Seconds Strategy – Conclusion:

Although I am not much a fan of this type of trading, because it is more difficult to predict movements, I decided to apply a strategy that I use in FOREX to see the results. In the image below you can see some trades that I did.

The results are interesting, but you cannot use this strategy every day and you need some training to improve the strategy to make it work. Like I always say: if you have losses on 3 consecutive orders, stop trading. Either you are doing something wrong, or today is not good for the kind of strategy you are using.

If you’re interested in knowing how the strategy works and how to apply it read the article: 60 Second Strategy Trading How To.

If you are interested in other strategies, read about other Binary Options Strategies

If you have questions or suggestions about 60 Seconds Strategy feel free to comment or contact me.

Best Binary Options Brokers 2020:
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Binary Options Trading School
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