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Forex & Binary

New Trading Ideas

BTC/USD crypto trading - Crypto exchanges investigation - 14 May 2018

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South Korea's top cryptocurrency exchanges, including Bithumb, are under money laundering investigation by the local financial watchdog FSC. The Financial Services Commission will check bank accounts belonging to South Korean crypto exchanges.

BTC/USD crypto trading - The range is broken - 04 May 2018

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When it broke through the wedge pattern, the chances BTC would break the 9600 level were pretty strong, and this is indeed what happened. Currently, Bitcoin is consolidating on the same area, and it looks to me like traders are preparing for their next target of 10,000.

BTC/USD crypto trading - 9400 support/resistance level - 30 Apr 2018

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Last week, I basically identified the Bitcoin range between the 8800 and 9600 levels by suggesting a double top formation. The second top was formed with prices reaching 9565. We still need to see whether the bears are strong enough to push the prices lower, but the current price action is pointing south.

Today Trading Signals

4.666665

This beat estimates that expected to see a decline to 15.1 on the index following a 15.8 reading the month before. Similarly, the Philly Fed manufacturing index rose to 34.4 beating estimates of 21.1 and accelerated from April's reading of 23.2.

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Bitcoin is making a double top formation on the 1-hour chart and we would expect closing lower on the day. With two shooting stars on the top BTC is most likely moving south today and we are looking to buy Put options at 8500 for 21:00 GMT expiry.

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Today's binary trading signal is EURUSD, the currency pair closed last week with losses, marking five consecutive weeks of declines. However, price action is nearing a multi-year support level which could hold in the first test. We expect to see the EURUSD rebounding off this support level to close higher on the day.

Trading Strategies

Smart binary options strategy - 60 second and 5 minute trades
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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.

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.

Trading Lessons

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Candlestick price action makes use of the hollow (or filled) candlestick pattern and the wicks (or shadows), which determine the open and close and the high and low, respectively. Based on distinct patterns, candlestick price action can help traders to determine what is happening in the forex and crypto markets.

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By analysing price action, traders can benefit as the chart patterns can signal a potential reversal to the trend and open positions accordingly. That the reversal patterns can appear in any time frame suggests they can be used by both swing traders and short-term day traders.

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As the price action patterns are formed across multiple time frames, traders can take advantage of the continuation patterns and either day trade or swing trade, depending on their preference. In most cases, the continuation chart patterns can be expected especially after a strong move by the markets.

Brokers Guide

Best binary options brokers 2018 - Top regulated brokers
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The best brokers should offer you great a trading experience with all the latest technological developments. When you choose a broker, customer support is also very important, and we carefully consider all companies before we put a broker in our top selection.

Cryptocurrency CFDs - Best forex brokers offering crypto trading
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To trade cryptocurrencies, traders can use exchanges such as Bitfinex and Bittrex, but they can also trade crypto CFDs at forex brokers with higher leverage. While trading CFDs, you don't own the coins, but you can profit from higher volatility in the crypto market by guessing the price direction.

Best Forex Brokers 2018 - Trading forex and crypto with leverage 1:1000
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Some of the best forex brokers regulated by FCA (UK) and ASIC (AU) deliver currency pairs and cryptocurrencies, including Bitcoin, Litecoin and Ripple. The brokers offer traders direct access to the interbank liquidity. Traders can speculate on the forex and crypto markets by using leverage up to 1:1000.

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.

Recent Forum Topics

Does anybody knows anything about Binatex?

Hi everyone. Does anybody knows anything about Binatex?

Scam by Opteck

I had been scam by Opteck after trading with them. They refuse to approve my withdrwal.

Can you please provide more binary signals?

Dear sir ,
Good morning
I am kamal