TOP Binary Options Trading Strategies Flashcards

1
Q

How do >60 second positions move when trading?

A

Very unpredictable, hard to make a sound prediction. Basicly gambling.

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2
Q

How do 10-15 Min positions move when trading?

A

Random reversals are less likely to occur, use hourly charts to understand unerlying trends. Technical analsysis should be used.

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3
Q

How should you decide on a 30+ minute trade?

A

Incorporate fundamental analysis aswell as technical analysis techniques. Look at 15 minute charts and hourly charts to give a broad view of technical factors sorrounding asset.

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4
Q

What chart type should be used when trading options?

A

Candlestick

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5
Q

What timeframe should short term traders view?

A

1 Minute - 15 minute charts

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6
Q

Why use 1 & 15 minute charts for short term trading?

A
  • the 1 minute charts provides entry and exit signals
  • the 15 minute chart is used to confirm trend, support and resistance levels
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7
Q
A
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