TOP Binary Options Trading Strategies Flashcards
How do >60 second positions move when trading?
Very unpredictable, hard to make a sound prediction. Basicly gambling.
How do 10-15 Min positions move when trading?
Random reversals are less likely to occur, use hourly charts to understand unerlying trends. Technical analsysis should be used.
How should you decide on a 30+ minute trade?
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.
What chart type should be used when trading options?
Candlestick
What timeframe should short term traders view?
1 Minute - 15 minute charts
Why use 1 & 15 minute charts for short term trading?
- the 1 minute charts provides entry and exit signals
- the 15 minute chart is used to confirm trend, support and resistance levels