Trend channels are a highly useful technical analysis and trading tool. Trend channels are easy to draw and provide trade ideas and entry signals, with the proper strategy. Here I’ll show you what these technical tools are and a simple and useful trend channel binary trading strategy. Trend Channel A trend channel is two lines […]
This is a very common question, frequenting popping up in the comment section of articles involving indicators, strategies or trading in general. “What time frame should I use on my charts?” is a good question, but ultimately it depends on your trading style, personality and the type of strategies you gravitate toward. Here we’ll address […]
One of the most crucial aspects of trading I have learned over the last 8 years is knowing when “to sit on my hands.” Trading isn’t about taking as many positions as possible, but rather it’s about taking high probability trades. Probability plays a big role in trading. You can have the best risk:reward ratio […]
>>>Click here to read all articles written by me<<< BinaryOptions.net: How did you get into binary options and where do you stand now? Cory: After nearly a decade of trading other markets and financial writing, I began writing about binary options in about 2010 as the products began to gain popularity. Since that time I have […]
Price is the ultimate indicator, as it’s the only thing upon which your profits are determined. Yet many traders like to use indicators. While indicators are only manipulations of price data, they can provide you with insight that you may not be seeing in the price movement itself. For those who like indicators, the Ichimoku […]
There are many technical indicators traders use, and among the most common is the Stochastic Oscillator. There are multiple trading methods involving this indictor, including using it to spot divergences. Spotting a divergence can alert to you potential trend reversals, and highlight underlying strength or weakness which may not be easily seen on the price […]
Whether you trade binary options, forex, stocks or commodities there is a load of information passed off as truth, and accepted by traders, but which is actually total bull. Here are some market myths circulating around the financial industry…and the real story behind them. Myth: Complex is Good No, simplicity is good. Complex strategies and […]
Most of the binary options trading strategies traders use are reactive to market events; such as buy if the price breaks to a new high or low, or buy if the price bounces off a support line for example. But very few techniques have a forecasting ability. Elliott Wave analysis is one of the few […]
Price is the ultimate indicator. Regardless of what indicator you use, it won’t tell you more than the actual price movement itself, because all indicators are derived from price. I prefer to trade without binary options indicators, since the price itself is what I trade. With that said, indicators do present price information in a […]
When you begin trading using Technical Analysis (TA) and reading TA news and outlooks, inevitably you will hear about support and resistance (S&R). S&R are basics concepts of technical analysis, but are crucial elements within many traders strategies. Unfortunately, S&R is not often fully understood even by experienced traders. Below we look at what support […]