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Brokers that trading binary options online platform
Which timeframes for binary options out of the money to use is dependent on how volatile the market is. Last week, Monday to Wednesday proved to be volatile, while Thursday and Friday lacked volatility.
For a trader this can be frustrating. Monday to Wednesday, longer terms were great and produced profits. However, trading the same charts on Thursday and Friday proved to be challenging as using the same Out-of-Money binary options trading methodology results in losses due a lack of movement.
The issue is not with the trading methodology but with changing the time frames to compensate for the lack of volatility. The only time this occurs is when there is a LACK of volatility. Instantly, a trader recognizes to go down in time. In this case, it signals go down to a 45 minute Market Analyzer for smaller movements.
Instead of focusing on a daily binary options, by simply changing to a two hour binary time period, a trader can still be profitable. By going to a 3 minute chart, a trader can enter a long position that is one strike away from price with anticipation that the market will go up remember the higher time frame is oversold.
Plus, since you can exit at any point, you can opt to exit early, if the trade goes against you. In other words, if the position loses fifty percent of the value you exit early. This way you are increasing your profit potential while minimizing the potential losses.
A highly respected trader, trainer, author, and speaker residing in North Carolina. She has over 15 years of experience in trading and in the development of custom indicators. She is a successful author and has published several books on topics like how to use volume analysis, trading binary options and spreads.
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