Fast and easy order binary options strategy selwyn
Now, we will go after the BIG 5. Now, change your zigzag indicator parameters to 2,1,1. How many short-term price cycles do you see now? Each of these cycles is a Fibonacci sequence with a high-low-retracement-projection-reverse. Look at the chart below:. Within each price cycle between 3 points there are on average 3 ITM trade setups during normal volatility trading conditions.
This strategy will produce around setups per currency pair per day, so use it wisely, and be very sure to learn it by heart before you jump in full steam. The 3 strategies explained here work for all currency pairs, commodities, stocks and indices.
However, even with the conservative strategy, a trader can produce excellent results if they trade assets, and take 2 high probability trades per asset per day. Click here to read my next and last post in this mini series.
Conservative Long-term Strategy This strategy is for those who are new to this game and want to build up their capital slow and steady. They key here is to be patient until all 3 factors line up. The entry rule is: And your target is trades per day. If you lose, start with the last set of bids: The rules for entry are the same as with the conservative strategy: And remember, You have to stick with the entry rules.
Aggressive Strategy Look at the chart below, how many price cycles do you see? Look at the chart below: Now it gets complicated and wonderful: The Fibonacci is drawn between points 1 and 2 in light blue and marked on value charts the last high and low, 1 and 2 respectively. Now we have the levels and wait for the retracement which can be a wick, or a full candle.
Above the retracement area is the white box marked by 3, and the green candle underneath touches that box. The setup is ready when the retracement candle is followed by a red candle in the direction of the trend. This is marked by the light blue rectangle.
So this is our first breakout candle of this specific sequence. This is marked by 3 PUT on the chart above. I decided to take a put option at the touch of 1. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward.
But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1. For this trade, the high of day initially made on the 2: I had intended to take a put option at this level on the 3: And then for maybe seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry. I did end up using the 1. I took a put option on the touch of the level.
Once again, I used the current daily high of 1. But price busted through and this trade lost. Another fifteen minutes passed by before I was able to take another trade set-up. This time, I used 1. This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. It turned out to be a winner. For put options at this point, I had an eye toward 1. So I decided to take a put option at the touch of 1.
This trade turned out to be a nice four-pip winner. My final trade of the day was a call option back down at 1. This was another good four-pip winner. After that I was waiting for price to come up and see if 1.
Also, I was feeling a bit fatigued by this point and decided to call it quits for the day. But, in general, I have faith in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to apply it to any market or timeframe. I also enjoyed toying around with the 1-minute options, as it was a new experience, and I would definitely consider adding more second option days into my regimen in the future.
Basic 60 Second Strategy My basic strategy toward second options goes as follows: Trade History Using 1 Minute Expiry 1: Put option back up at the 1.
Another put option at 1. Similar to 12, I used 1. Where Do I trade?