technical analysis (english)
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Binary Options Technical Analysis
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Transcript of technical analysis (english)
Binary Options Technical Analysis
Candlesticks
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Highest Price
Closed Price
Open Price
Lowest Price
Highest Price
Open Price
Closed Price
Lowest Price
Candlesticks
ShadowM
ain
Body
1. Each time frame represents the time needed to form each candlesticks
2. Time Frames are3. Binary Options is about predicting the prices
above or below the strike price.
Time Frame For Candlesticks
Formula for Profitable BO Trading
1. Trade your funds based on proportion.
2. Plan a trading strategy before you enter a BO trade.
3. Positive Mentality.4. Practice Makes
Perfect.
Consistent Profits!
Trading Strategy
Indicator Setting
1. Indicator -> Trend ->Moving Average2. Period -> 53. Shift -> -14. MA Method -> Simple5. Apply to -> Close
Trading Strategy
Buy Signal (Up)
1. Using 5min Timeframe Chart.2. Lookout for full candlestick and
shadow below the moving average.
3. When the candlestick closed. price, enter a 5min BO Buy
trade.4. The further the candlestick deviate away from the moving average, the higher the accuracy
of the price prediction.
Trading Strategy
Sell Signal (Down)
1. Using 5min Timeframe Chart.2. Lookout for full candlestick and
shadow above the moving average.
3. When the candlestick closed. price, enter a 5min BO Sell
trade.4. The further the candlestick deviate away from the moving average, the higher the accuracy
of the price prediction.
Trading StrategyImportant Notes:
1. This method performs best on major currency pairs (ie: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCAD, USDCHF, USDJPY). This method has a 70% success rate.
2. Enter trades only when the candlestick and shadow deviates away from the moving average.
3. Recommended trading hours 3pm -12 am Cambodia time.
4. Avoid trading 30mins before and after major economic news releases. (For economic news releases http://starfishfx.com/resource-center/eco-calendar/)
5. Set a profit target for the dayExample： Daily profit at 2% of my total investment.
Trading Strategy - BacktestChart For EURUSD on 23rd December 2014 5min Chart
Your BO Profit Trading System!
