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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 U.S. census bureau from the department of commerce will be releasing the monthly building permits data today at 13:30 GMT. According to the economists polled, the median estimates show that building permits might have increased moderately at a pace of 1.25 million for the month ending October.

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The European Statistics agency, Eurostat will be releasing the final inflation figures for the month of October today at 10:00 GMT. According to the economists polled and the previously released flash estimates, consumer prices in the Eurozone are forecast to have eased in October. Today's binary options signal is EURJPY, the currency pair closed on a bearish note yesterday.

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For the moment, unless we see a surprise decline in consumer prices, the markets are gearing up for the Fed rate hike this December. The Fed has maintained that with the U.S. economy near full employment, wage could possibly start to increase soon. This is expected to push consumer spending higher which in turn could see consumer prices rising.

Trading Strategies

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.

Day's breakout forex trading strategy - How to profit
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The trading strategy outlined offers a good system to trade. To be a successful forex trader, you need to be patient and wait for the right moment to enter a trade. Trading the breakouts is a very simple pattern, and traders can use it to profit on the forex markets.

Trading Lessons

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Leverage is one reason why traders flock to forex trading, as they have a wide choice of ratios to choose from. It is also because of leverage that traders can begin to trade the forex markets with just under $100 in capital. This is one reason forex trading is so popular.

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Many forex traders tend to believe that having the best trading system will make them big profits. The need to make a big profit has enabled vendors to make their own profit by selling black-box trading systems that claim to make one rich.

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Although trading forex looks easy and quite accessible, traders should remember one can easily lose all his or her investment due to the risky nature of the forex markets. Furthermore, the volatility in the currency markets is not suited to all investment profiles. Therefore, it is always in a trader’s best interest to consult with his or her personal financial advisor.

Brokers Guide

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.

EU binary options brokers - CySEC regulated
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The popularity of CySEC is a result of a business-friendly tax regime and the ease of operating a financial service in the region. As part of the EU, Cyprus-regulated firms can legally offer their financial services, such as binary options and forex trading, to EU residents, thus making it an ideal regulator for most brokerage businesses in Europe.

UK binary options brokers - FCA Regulated
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At present, binary options are subject to regulation by the UK Gambling Commission. However, current developments on the legislative side are expected to bring about some changes in the near future. The FCA is contemplating treating digital options as a financial product.

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.

Recent Forum Topics

Expert Option Scam - Cut down payouts and refuse withdrawal

Just want to share my experience with scam binary option broker Expert Option.

How Should I Start?

Hello! So I'm extremely new to the trading system!