Forex & Binary
New Trading Ideas
Today Trading Signals
Today's binary signal signal is EURUSD. The currency pair has remained stubbornly in a range and this is expected to continue. Therefore, for us is ideal to purchase daily PUT options at 1.2280 for a 21:00 GMT expiry time. We expect to see price action post a modest pullback around this level before closing lower on the day.
Today's binary signal is EURUSD, the currency pair was seen falling back below the main resistance level of 1.2333. In the near term we expect to see a pullback in the currency pair. The final inflation report for the eurozone is expected to be released today by the European Statistics agency, Eurostat at 10:00 GMT.
To make profit, we need to trade smart. The Marubozo strategy is simple but that doesn’t mean it is easy to make profit. First, you need to learn to identify trends and then wait for a confirmation candle that will eventually tell you the price is in strong momentum and the trend will continue.
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.
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.
Trend lines and price channels are two simple ways to trade corrections or breakouts in the trend. Remember, this would ideally be a counter-trend trading. While there are always risks involved, traders can capture profits quickly and efficiently on the forex and crypto markets.
Support and resistance levels are one of the most important elements of technical analysis and price action trading. Regardless of the market, you must keep in mind, that market has a memory and it tends to respect important support/resistance levels. The big investors respect those levels, so you should also.
Price action analysis works because the market has a memory, which means the chart patterns repeat themselves in time periods. If you compare it to technical indicators, the price action analysis would definitely give you more insights into the forex and crypto markets.
Ayrex binary broker uses new technology software that increases trade execution by up to 0.028 seconds and offers up to 90% payouts on successful trades. At the same time, the broker runs automatic withdrawals thus providing a fair environment for all traders.
Finmax is currently offering only binary options products, but the company aims to also add forex trading and CFDs in the near future. Thus far, it offers some interesting features, such as Social trading, which allows users to copy trades from the top traders on the platform.
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.
New Blog Articles
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.