Trend extrapolation is when you assume a current trend will persist, and thus make predictions out into the future based on the current trend. Now sometimes this can be good, for as we have all heard” The trend is your friend…until it bends.” And trends do inevitably bend the other way. I prefer to trade […]
A web site I just reviewed made a statement that is sticking with me; “you got to have a good strategy”. That is only too true, a good strategy is a corner stone of a great binary options trading system. Systems include fundamental as well as technical analysis and money management in addition to a […]
“What! But growing up I was told we are all unique!” We all have different personalities, skills and tendencies, but when it comes to trading we aren’t unique. By that I mean we all trade the same markets, which levels the playing field. Because the market is composed of such a wide array of people, […]
The cycles discussed here are longer-term cycles, and not pressingly relevant to short-term traders. Yet, by seeing these cycles and understanding how cycles work, you may be able to find your own cycles and cycle strategies for trading on shorter time frames. And if nothing else, knowing about these cycles can make you sound very […]
April 23 started with big moves in the AUD forex pairs, following CPI numbers. The action continued following GBP Bank of England Minutes several hours later. AUDUSD Trades If you were quick you could have gotten in on the short right after the news announcement (4:30 on chart below). Typically I don’t trade right at […]
I began today’s project by searching for a real binary options strategy that I could give my seal of approval to. After searching and searching I was rewarded with nothing more than what I usually find. A lot of BS. There are a lot of bogus web sites out there with claims of winning strategies, […]
When trading you are bound to face distractions. Learning to effectively deal with these distractions can mean the difference between a profitable day and a disastrous one. Here we will look at some common distractions, and how to deal with them so you can more effectively trade. Other Work For many traders, trading is a […]
For lack of a better word, I call it the “valley floor.” During a trend the price will often pull back to this area. Not always, but whether it does or doesn’t provides some valuable insight. The main reason I look for it, is that if the price is trending well, then this valley floor […]
BinaryOptionGain.com is a downloadable software package for MT4. It is based on the popular Fibonacci sequences and utilizes several proprietary indicators. In order to get the down load you will have to register with the website, but unlike so many other sites I review this one actually gives you a lot of information before you […]
Maybe because it is discussed in most basic trading books, and is a often referred to as a “break to new highs (or lows),” that trading a new high or new low seems so appealing. Most traders are taught by basic strategies or free guides to trade an uptrend by buying (shorting) when the price […]