“No touch” strategy
An interesting binary strategy for trading the No touch option, which, although not as common (as, say, “HIGHER-LOWER” options), but brings high profits. The point of trading is to assume in which direction the option will not go, i.e. The price should not reach a certain price level.
Features of the strategy
An additional qualitative tool of the strategy is the economic calendar, which helps to understand what trend is present in the market. To understand this, you need to look at all the released news on the tool.
The best results are shown by trading currency pairs, because there is a lot of news on them. It is much more difficult to use promotions in your work, since news comes out less often here.
How to trade with a strategy
1. Choose an asset, it is better to choose currency pairs.
2. Go to the economic calendar and look at the released news.
3. Open a deal on the trend formed due to the appearance of the news (remember that this is not a news trading strategy!).
Strategy signals
In our example, we can see that the pound strengthened, the Euro began to weaken, the release of negative news on the dollar added strength to the bearish trend. You can open trades during the entire impact of the news.
- If we predict that the trend is going down, we open a trade “UP”, i.e. The price will not reach the upper level.
- If we predict that the trend is going up, we open a trade “DOWN”, i.e. The price will not reach the lower level.
“No touch” strategy at Binomo broker
To work with “No touch” options to be profitable, choose a trusted broker based on current ratings. We recommend working on the strategy in the terminal of a reliable broker Binomo.
Among its advantages: a large number of positive feedback from traders, a simple personal account (with a history of transactions, information about the status of the deposit), a convenient functional terminal equipped with the necessary tools, a mobile platform, training materials, many ways to withdraw earnings, professional support. You can get acquainted with real reviews about the Binomo broker, as well as ask questions to traders here.
A detailed review of the Binomo broker is here.
Go to the official website of the Binomo broker here.
In order to buy a
CALL
option in the Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy
a PCI
option in the Finmax trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Real reviews of traders about Binomo
Bonuses broker Binomo
The advantage of Binomo is a lot of promotions for every taste, which can be found here. Working on the platform with bonuses, the trader not only gets a good chance of high profits, saves his capital, and can quickly get the most out of trading.
Binomo Weekly Tournament
Weekly tournaments from the official Binomo website are an opportunity to get real money for free. Such tournaments are held on Thursdays, traders with any experience who have a demo account with a broker can participate in them. The main prize, which is awarded to the winner with the highest profit during the tournament, is options worth $150.
Participate in the Binomo tournament
Tagged with: Binary Options Strategy
