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Binary Options & Forex

New Trading Ideas

Breakouts trading - 5 minute binary options

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My trading style is based on support and resistance breakouts for trading 5-minute binary options. It is a simple breakouts strategy that uses two Meta Trader 4 indicators: Support/Resistance Barry and Value Chart. I am trading the EUR, GBP, USD and JPY currency pairs during the European and U.S. sessions.

GBP/USD forex signal - Bank of England meeting - 14 Sep 2017

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The Bank of England will be meeting today for its monthly monetary policy meeting. According to the economists polled, the BoE is expected to keep the interest rates unchanged at 0.25%, while also maintaining its asset purchase program at 435 billion GBP.

GBP/USD forex signal - UK Construction PMI - 04 Sep 2017

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The British pound has given up the gains since July's highs of trading above the 1.3200 handle. After steadily declining to 1.2800, the currency pair is attempting another leg to the upside. However, this brief correction is unlikely to materialize with a bullish trend.

Forex Binary Signals

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The much anticipated and the final FOMC meeting for the year will be held today. The FOMC will conclude its two day monetary policy meeting by releasing the FOMC statement at 19:00 GMT. This will also include the Fed's staff economic projections as well as an interest rate hike.

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In the event that today's inflation continues to surge, the BoE will be in a dilemma which is likely to see the central bank announce further hawkish guidance. Last week, the Brexit negotiations managed a breakthrough as officials on both sides agreed to the Brexit bill. The next main hurdle is the UK's border with Ireland which has been a sticking point for the talks.

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Today's binary options signal is EURGBP, the currency pair has been volatile over the past few weeks. Investors bought the British pound on hopes that the Brexit deal would be closed. However, the sell off was also equally fast as the deal fell apart. As a result, the volatility in the currency pair is expected to continue.

Trading Strategies

5 Minute binary options strategy - How to profit
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Before you start trading 5 minute binary strategy, you have to accept it will not give you 100% ITM signals. You have to approach trading with lower expectations and follow real action on the charts to build knowledge.

ADX forex trading strategy - How to profit
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The ADX-based trading strategy is a simple intraday system, it is ideally used by day traders. Because we combine the concept of the previous day’s high and low and then take the position of the breakout from these levels using the ADX indicator, traders can rest assured they are entering into a position when the trend is starting to become strong.

Bollinger bands forex trading strategy - How to profit
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The Bollinger bands and RSI strategy can be used as a simple way to enter a trade right before volatility expands. The simplicity of this trading strategy is that it can be used on time frames of H1 and H4. This makes the strategy easy to follow up, especially for day traders.

Trading Lessons

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The ADX could be very helpful in avoiding ranging markets. It is a reliable tool when determining trend strengths. Traders can look at the values to trade binary options and forex just when the trend is starting to show signs of strength.

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Many technical indicators have been developed to measure volatility. Among these, the Bollinger bands indicator stands out, as it simultaneously measures volatility and trend. When traders combine volatility and trend, the market context should be clear.

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Moving averages are simple yet powerful technical indicators that can guide traders to trade better in the direction of the trend. The MA is one of the most widely used technical indicators, and many traders prefer to use at least one moving average in their trading strategies.

Brokers Guide

IQ Option Platform Review - Binary, Forex and Crypto products
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The IQ Option platform is easy to navigate. Traders can switch between products in just one click. It offers high payouts on binary options (up to 93%), and forex leverage is up to 500. The crypto trading list is constantly growing, so you can expect more digital currencies to be added to the platform.

Top binary options brokers - Best guide
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The top binary options brokers are not always the ones with the best ads on YouTube. Watching nice girls on a yacht who trade binary and make profits every 60 seconds could tempt you to jump into trading right away. However, if you are a smart trader, you won’t follow your emotions but will do the right research before deposit.

Ayrex binary options - Trading platform review
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The Ayrex trading platform is quite unique and deserves to be reviewed in detail. The trading platform is web-based and mobile friendly, so binary traders can use it on any device. The company has developed its own software and does not use third party technology.

New Blog Articles

CySEC new regulations: Does the watchdog protect traders from scams?
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If you read the numbers, you know the binary options industry is driven by the affiliates. When the broker is not attractive for the affiliates, they turn, and the broker’s destiny is defined. Now, we are witnessing two of the largest CySEC regulated brokers, 24option and Anyoption, sinking.
How binary options brokers should work in the ideal world
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First things first, the binary options industry is not an “ideal world”. Sorry to burst your bubble, but this industry is not free of scammers and people who are just hunting your money under the guise of being your friends.

Banc de Binary closed down: do we see the end of binary scam?
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One of the largest binary brokerages, Banc de Binary, just recently winded down its business and left the industry shaking. The 500 million dollar company decided to stop providing binary options due to regulatory constraints.

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