Currently, in order to earn in the financial markets, traders use different trading strategies. In order to get insight into this process, we offer the binary option strategies reviews. As is customary, in the first part we provide a review from Steven Rosenberg (Stini).
Binary option strategies reviews from Stini
Considering the trading strategy matter, I would like to note that in the binary options market, as well as in the Forex market, there are several truly profitable strategies, which have a large percentage of work offs. For example, if a trader trades according to patterns, they work off in the majority of cases. Of course, it happens only if the rules of the certain chart model’s formation were maintained. The well-known wedge is a pretty good signal for the entry to the market.
Pretty good strategies can be built based on the Japanese candlestick’s chart. Traders who are good in the Japanese candlesticks usually manage to find entry to the market faultlessly. And it happens in both situations of the trend’s reversal and its continuation. For example, you can use as a strategy the well-known hammer on the support’s level or the shooting star when the market reaches the top.
Of course, we can continue binary options strategies reviews with the indicator’s systems. These strategies are very popular among traders, and their signals received based on the mathematical algorithms are pretty accurate. For example, as simple, but fairly effective we can call strategy on buying options with stochastic. When it is in the overbought zone, you can buy the Put option, but when it is in oversold zone, it is recommended to buy the Call option.
Binary options strategies reviews from traders
I have tried several strategies. And I opted for the Moving averages. The essence of this strategy is fairly simple because the moving averages show the trend’s direction pretty well. But the usage of an indicator here is not as important, as the choice of the period. The moving averages have one peculiarity. The more sensitive the settings are, the more generous amount of false signals can be received from this indicator. Therefore, the less sensitive the settings are, the more delayed the signals will be. Of course, there is no happy medium here. However, it is not the best wording because everyone has its own happy medium.
James, 33, Stockport
I work with patterns almost always. I like this type of the technical analysis. The pattern appears, and then you monitor its development and buy an option when a signal is received. This can be compared to hunting when you are waiting for the ravening in an ambush. Briefly speaking, you get awesome impressions. At the same time, the profit grows too, so my binary options strategies reviews based on patterns are as positive as possible.
Nicholas, 29, London
I trade only with the Japanese candlesticks. I have learned this type of chart and different models for a fairly long time in due course. And now this method works for me. I like the Japanese candlesticks because they have something enigmatic, as in the majority of cases, they show exactly those points where the market reverses or continues moving according to a trend. Of course, you won’t get everything working at once, but you have to practice to reach this.
Alex, 30, Gloucester
Send us your binary options strategies reviews, and we will definitely publish them on the pages of our website. In addition, we look forward your reviews on this subject because there are really many strategies, and they allow traders to trade binary options profitable.