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MODULE 3 WEDNESDAY JULY 24 6PM-9PM
BINARY OPTIONS
PRESENTATION BY ABE COFNAS
An Introduction & Key Strategies
INTRODUCTION
¡ WHAT ARE BINARY OPTIONS?
¡ They are fixed payouts when you are right and zero payout when you are wrong.
¡ Limited risk to what your premium paid is.
¡ Known maximum return
¡ No Margin!
YOU ARE RIGHT OR WRONG
¡ THEY ARE BINARY BECAUSE THERE IS NO RANGE OF BEING RIGHT OR RANGE OF BEING WRONG. IT’S A SIMPLE YES OR NO ON RESULTS
THERE ARE TWO TYPES OF BINARIES IN THE MARKET
BINARIES ARE OF TWO KINDS TYPE 1- BINARIES WITH STRIKE PRICES OR LADDERS
TYPE 2: AT-THE-MONEY
TYPE 2- BINARIES THAT ARE AT THE MONEY
EASY TO ENTER A TRADE
REAL TIME IN THE MONEY AND OUT OF THE MONEY COLOR CODE
TYPES OF BINARY TRADES AT ENFINIUM
¡ HI-LOW ¡ BOUNDARY ¡ ONE TOUCH ¡ 60 SECOND
LET’S EXPLORE EACH TYPE OF BINARY AND ITS KEY FEATURES
HI-LOW BINARIES
¡ Will the price be Higher or Lower at Expiration?
¡ Choosing Direction for a Hi-Low Binary requires two decisions. First , direction, and then expiration.
Confirming Hi-Low Direction
¡ Choosing a Direction for a High or a Low requires a confirmation about the price pattern.
¡ Did the price just break through a Resistance or Support?
¡ Did the price fail to break through?
EURJPY HI-LOW WINNER!
AX-200 BINARY LOW
WINNER!
GOLD HI BINARY
WINNER!
CAN YOU MAKE MONEY WITH HI-LOW? YES!
MARKET CONDITIONS FOR HI-LOW SUCCESS
¡ CURRENT GLOBAL MARKETS CREATE SEVERAL IDEAL CONDITIONS FOR BINARY OPTIONS
¡ EVENT RISK REACTIONS PROVIDE REACTION-DIFFUSION CONDITIONS FOR PROJECTING PRICE DIRECTIONS.
¡ LOOK FOR PRICE BREAKS AS A DIRECTIONAL CONFIRMING INDICATOR
HI-LOW TRADING SIGNALS
¡ LOOK FOR BREAK OF A PATTERN ¡ LOOK FOR FEAR BASED MARKET REACTIONS ¡ LOOK FOR EVENT RISK SUCH AS FOMC, BOJ, ECB,
RBA, AND BOE ANNOUNCEMENT
BENEFITS OF HI-LOW BINARIES
¡ HI-LOW Binary Options Will Improve Your Trading:
¡ Improve Fundamental Thinking
¡ Increase Directional Accuracy
US CRUDE OIL BOUNDARY TRADE
¡ The Challenge on Trading Boundary Binaries is: ¡ Will the price be IN or Out of a Target Resistance or
Support.
BOUNDARY OIL TRADE
TACTICS FOR WINNING BOUNDARIES
¡ Focus on Swing Patterns ¡ Reduce Time left to Minimum
TOUCH – Catch A Tiger By the Tail
¡ CHALLENGE: WILL THE PRICE TOUCH A TARGET BY EXPIRATION?
A Critical factor for success is pattern recognition and detection of Momentum. Touch No Touch is a Momentum trade.
Best Conditions For Touch
¡ Right before News Events ¡ Right after a Break of Key Pattern. ¡ Best Pattern for Touch or No Touch is the Parabolic
Curve
EURUSD NO TOUCH TRADE
SHORT-TERM
¡ These are fast binaries requiring very good momentum analysis.
¡ NOT FOR BEGINNERS
TECHNICAL ANALYSIS FOR BINARY OPTIONS
¡ Renko Chart Provide a Promising Tool for Evaluating Price Action for Binary Trading.
¡ Let’s Explore this unique application.
LIVE TRADING
¡ LETS PUT ON LIVE TRADES AND APPLY WHAT WE HAVE LEARNED.
CREATE YOUR BINARY SCORECARD
¡ What is Your 10 trade Win/Loss Ratio? ¡ What is your Maximum Streak of Wins? ¡ What is your Maximum Streak of Losses? ¡ What is your Binary Option Strategy Mix?
CONDUCT ERROR ANALYSIS
¡ To Improve Trading Binaries, You Should Evaluate Your Losing Trades
Determine Causes of Error:
§ Error in Direction § Error in Timing
FOREX COACHING
¡ PERSONAL CUSTOMIZED SKYPE BASED COURSE.
FOREX ALERTS
¡ UNIQUE SIGNALS IDENTIFYING NEXT EXPIRATION OPPORTUNITIES
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