October 24, 2012 I received some questions regarding this post and aim to address them all here. One question was how many bounces do I look for when considering a level as “valid” or not. The simple answer is that I usually look for at least two bounces. Exceptions might be for recent extremes on the chart […]
October 23, 2012 Support and resistance levels are essential to technical analysis as they reference areas on a chart where price has a tendency to consolidate and potentially reverse from its previous direction. You might also hear some traders refer to these as “demand zones” and “supply zones” for support and resistance, respectively. Conceptualizing it […]
10/18/12 So in a post of mine the other day I spoke of some crazy witchcraft called “trend lines” and described how they are basically slanting support and resistance levels.. Well after thinking about that today I feel as though I may have missed a step, with having not gone over simple support and resistance […]
10/17/12 Hello again! I hope trading is going well for everyone and if not, I would like to think you are at least learning from your mistakes and getting better! Today I decided instead of just uploaded pictures of my wins I would uploaded a screenshot of an important but very underestimated tool for anyone’s […]
One thing I have noticed in chatrooms online is that the average binary options trader has a hard time determining subjective and objective data. A simple way to overcome not knowing the “how when why how much” or any other variable in trading is to understand the MEAN and your own MEAN or else it […]
My name is Erik Von aka “Lotz of Botz”. My professional field of work in in Mech/Aeronautical Engineering. I happened into trading because of a commercial on tv from interactive brokers and thought “Wow that trading thing looks cool.” After examining pools of data from brokers, software and systems ect ect. I said “Ah no, […]
15 October, 2012 Hey everyone! Gorilla here, and sorry I haven’t been around for a few days. Outside of the trading world I run a business that deals with the abatement and disposal of suicides and homicides. And unfortunately it has been a busy week. I have intentions of being much more active, but the […]
October 12, 2012 An important facet in trading is to keep an open, flexible mind about the market. That is, trade what you think the market will do rather than what you want it to do. This is especially hard for those who state or publish their outright opinions on how they envision the direction […]
Binary Trading Strategy: Using the FX-Helper System The FX Helper system was designed by Bright Nnanna, and was initially built for trading the forex market. However, we will show how this strategy can be adapted to trade the binary options markets, since the assets traded in the binary options market include currencies and the same […]
Trading Oil on Binary Options Platforms This article was sponsored by OptionBit which is no longer in operation. It is true that this is a binary options trading blog, but the truth is that the principles we shall talk about cover all assets traded in the binary options market. So we will select an instrument […]