Binary options “60 seconds”
Super-short trading is very popular among traders today, primarily because, in a minute, the player can get instant profit in case of a correct forecast. Both beginners and professionals in this case are attracted by the possibility of quick earnings.
Today, there is a large proportion of those who are skeptical about such trade. This is due to the high risks. And yet, with the right approach, the use of indicators and profitable strategies, you can achieve a decent income. In our article, you will learn about the advantages of turbo options, learn what reliable strategies you can use to make money on such ultra-short trading.
What is the 60 Seconds Binary Option?
Binary options “60 seconds” is the simplest and fastest type of options for a decrease-increase, the expiration of which is equal to a minute, i.e. They close after 60 seconds (they are also called “turbo” or “express options”). By buying such an option, in a minute you, depending on the result of your forecast, can increase your funds on the deposit: if, according to your forecasts, the price becomes higher in 60 seconds, make a CALL rate (up), if vice versa – a PUT rate (down).
Popularity and Benefits of 60 Seconds Options
Today, express options are one of the most popular types of trading in trading. In order not to risk the budget and not wait for the end of trading in a few weeks, or even months, traders choose short-term options. Ultra-fast trading, with the right approach, can bring a good income, which you would achieve by trading in a few weeks.
First of all, express options have become so widespread due to a large selection of profitable simple strategies that are aimed at seeing and assuming market dynamics based on oscillator data. So, it is the presence of successful strategies that allows us to call short-term trading one of the most highly profitable in binary options. At the same time, both beginners and experienced market players are not afraid of the risks that also characterize such options.
So, what are the benefits of 60 Seconds Binary Options
- The main advantage is instant earnings within one minute
- Express options are highly profitable trading (up to 80% profit and in just 60 seconds)
- The minimum value of one option, i.e. To participate, you do not need a large amount in your account
- Unlimited number of trades during a session
- A wide range of assets
- A huge selection of tools, terminals, as well as profitable strategies with which you will make the right choice and be able to get good money
- The relative ease of such trades can be used by both beginners and experienced professionals.
“60 Seconds” Binary Options Strategies:
And yet, relying only on luck and calling turbo options roulette or lottery is an inefficient approach that will only deprive you of funds on your deposit. To start such trading, you need to remember the risks, understand what a trend is and how the options market works, have a set of indicators and reliable strategies in stock. Having the right strategy is more than half of your success. We will tell you about reliable strategies that will help you make money on turbo options.
Trading on the news for options 60 seconds
One of the simple but effective strategies, the essence of which is to see the impact of news on the dynamics of the asset. To keep abreast of important news, traders subscribe to the economic calendar. So, it remains only to wait for the news and observe the price chart: with a positive result, assets will rise in price (and then you can buy a CALL option (up); if negative, it will become cheaper (you can buy a PUT option (down). (A full description of the news trading strategy).
Martingale Strategy for 60 Second Options
Another interesting and effective strategy, the peculiarity of which is to increase the rate with a losing option. So, the disadvantages will be covered by one profitable trade. It must be remembered that a winning deal will not give a 100% result, so it is worth increasing it not twice, but depending on the percentage of the bet. For example, if you lose a bet of $5, the next one should be $12.5. If you pay 80%, your plus and benefit is $5. In the event that this bet is a loser, the next one should be bet $28,125. It is important to prepare a deposit for this strategy, because. The amount for 3 transactions can be $50, and the fifth and eighth can be a positive bet.
Support/Resistance Strategy for 60 Second Options
The peculiarity of the strategy is to identify strong support and resistance lines. If, for example, the price, being in a downtrend, made a downward correction and rested on the support line, it is worth opening a deal in the direction of the rebound and vice versa.
It is recommended to choose support and resistance lines on the charts in 5 and 15 minutes, and then switch to trading the chart in 60 seconds.
In this case, as we can see, the trade is opened from the support line for the purchase of a call option (up).
So, in the image below, we see that the price bounced off the support line and went up, which gave us a positive outcome of the transaction.
Strategy based on moving average EMAs
This strategy will allow you to determine the trend and open trades only with the trend. To see the trend, we will use exponential moving averages: 5, 10,15,30. Before us is the trend of all interesting time formats for us. At the intersection of the short moving average and the long moving average, a trade is opened in the direction of the trend. In this case, you can connect additional indicators to the work, which will be filters for false signals.
“3 candles” strategy for binary options “60 seconds”
An effective and very simple strategy that can increase your income. The essence of the strategy is to buy a CALL option (up) only on the third candle and after the arrow has appeared. Buy signals will be: an arrow that appears at the top; the price has bounced off the channel or is returning towards the channel outside the channel below; Stochastic is an oversold zone.
Moving Average + MACD Strategy
A very profitable strategy, the essence of which is the assertion that the trend is more likely to continue than change direction in the other direction. In addition to MACD, you will need MA 9. To begin with, you must be sure that there is a trend on the chart, and not market noise, for which you need to reduce the chart and look at its dynamics. Then MA 9 is superimposed to be sure that the trend will not change: if the trend continues to grow, the chart will be above MA; if the trend falls, the chart will be under MA. MACD will help you find the optimal entry point.
Head and Shoulders Strategy
One of the most popular strategies that is suitable for beginners in trading, but is also used by professionals. With the right approach, it will bring a positive result in 8 out of 10 cases.
In the image below, you see the classic manifestation: “head”, “neck” and “shoulders”.
The top of the left “leverage” is the maximum of the uptrend. When the price drops to the “neck”, the trend has an impulse. Further, the extremum will be the “head”, the right “shoulder”. In the case of a downtrend, the figure is displayed with the “head” down, the “neck” will be the resistance line. If the support level is broken after the pattern is formed, there is an opportunity to buy a PUT option (down), a breakthrough of the resistance level is an opportunity to buy a call option (up).
Trading binary options “60 seconds” with the broker Finmax
For productive trading of express options, we recommend choosing a reliable broker Finmax. You can see what the site’s workspace looks like in the image below or by going to the finmaxbo.com website:
To buy an express CALL option in the Finmax trading terminal, you need to do the following:
1. Go to the broker’s website finmaxbo.com and prepare an option, indicating:
2. Type of asset
3. Expiration
4. Bet size
5. Forecast of quote movement: UP
6. Click the “buy” button and follow the results.
To buy an express PCI option in the Finmax trading terminal, you need to do the following:
1. Go to the broker’s website finmaxbo.com and prepare an option, indicating:
2. Type of asset
3. Expiration
4. Bet size
5. Forecast of quote movement: DOWN
6. Click the “buy” button and follow the results.
Conclusion
Binary options “60 seconds” is one of the most popular types of trading, in a short time they are able to bring you a good profit. With the right use of strategies, you can improve your results by more than 85%.
Tagged with: 60 Seconds Option Strategy • Binary Options Signals • Binary Options Strategy
