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 […]
Hi all, I hope you are doing well. In this article I will explain you how I use triangle patterns to confirm my binary options trades, especially when I want to trade with the trend. Let’s go to the first screenshot. It’s from USDCHF currency pair. First of all, one basic thing in technical analysis […]
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 […]
Some instruments move together, while others move in opposite directions and some share no relationship whatsoever. Such relationships can play a key role in determining which trades you make and why. While you may not be aware of it, when you get a trade signal in one instrument, signals are also likely triggering in other […]
A trend is underway and you’re looking for entry point. All of a sudden the trend pauses or pulls back, leaving you with the question: “Is this thing going to keep trending eventually, or is this a full reversal?” While there is no way to know for certain, being aware of continuation patterns can help. […]
Candlestick charts are a type of visual chart which many traders prefer over more traditional bar or OLHC (open, low, high, close) charts. While there is nothing magical about candlesticks themselves–they still represent the price movement of an asset–the way the price information is presented allows you to spot potential reversal and continuation patterns which […]
Hi traders, This is my second article about the ways which I use to trade with the trend. In my previous article I talked about the two things which I want to see to make me sit down and wait for a chance to take a trade in the trend direction. These are lower-highs (downtrend), higher-lows […]
Hey everybody, If you read my previous articles you will notice that in the most of them I usually focus on reversals. In this article I am going to talk about the ways and techniques which I use to trade with the trend. I am sure that you have heard many times the expression “Trend […]
Hi everybody, In this article i want to share with you an effective way to use RSI trendlines to trade with the trend or a reversal. You already know from my previous articles that I use RSI to identify an overbought or an oversold condition. We will use again RSI for this job but now I am […]