How do you know if trading is happening at the right time?
Why is this happening: the binary market works 24 hours, and the trader’s trading day does not exceed 8? Is this time worth increasing or leaving the same? How to understand that in the period used, the chosen binary options strategy is guaranteed to bring results? After reading the article to the end, you will find out the answers to all the questions posed.
Let’s start with the history of financial markets and binary trading. Everyone knows that in financial markets, the level of volatility varies depending on the time on the clock, or rather on the working hours of large exchanges and financial institutions. Therefore, it is extremely important for a binary trader to learn how to use this advantage, and most importantly, to learn how to accurately determine for himself the time of trading.
So, to choose the optimal time for binary trading, do the following:
- look at the type of binary strategy you have chosen (trend/flat);
- determine which assets give the best results (this information should be provided for in the trading rules);
- choose trading sessions that best suit the style of your strategy (for example, only pairs with high volatility are suitable for aggressive trading, and with medium volatility for moderate trading);
- Weed out the ones that don’t match your schedule.
A trading session is a complete cycle, after which changes are likely. Therefore, always concentrate your forces in any one 8-hour range. Do not try to catch all the trading signals, trade on the right. Let’s look at the example of the binary strategy “Crazy vauuuu”, how it works.
Binary options trading strategy “Crazy vauuu”
For convenience, familiarize yourself with the principles of the strategy in the video review:
Download strategy for binary options: ”
Crazy vauuu”
Characteristics of the “Crazy Vauuu” strategy
- Intraday strategy.
- Preferred assets: USD/CHF EUR/USD.
- Expiration – 8 candles (2 hours).
- Time frame – 15 minutes.
View of the chart after adding the template:
Example of buying a CALL option
- The zigzag moving average is above the chart.
- After the crossover, the moving averages are directed upwards.
- Stochastik and MACD are increasing.
- The distance to the red dot is more than 10 points.
If all conditions are matched, after closing the signal candle, we enter the purchase.
Example of selling a PCI option
- The zigzag moving average is above the chart.
- After the crossover, the moving averages are directed downwards.
- Stochastik and MACD are decreasing.
- The distance to the red dot is more than 10 points.
If all conditions coincide immediately, after closing the signal candle, we enter the sale.
We know that “Crazy vauuuu” is a trending binary options strategy for which the EUR/USD, USD/CHF pairs are best suited. Since a 2-hour expiration period is set, it can be assumed that this is a moderately aggressive technique designed for cautious traders.
If we consider trading assets, then EUR/USD is a more suitable option, because This pair has a lower level of volatility. Based on these parameters, it is possible to determine the most suitable sessions for EUR/USD:
- European (Band 87);
- American (range 78).
It remains for the trader to make the final choice based on his schedule.
Strategy “Crazy vauuu” at the broker Binomo
To make the “Crazy vauuu” strategy more profitable for you, and to work with it more comfortable, choose a broker carefully. We recommend trading on the site of one of the popular brokers – Binomo.
Among its advantages: a modern functional platform with advanced features (chart customization, adding indicators, a wide range of options, expiration dates, training materials and strategies, etc.). The company offers its traders convenient withdrawal and deposit of funds, promotions and bonuses that will make binary options trading much more profitable.
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.
Bonuses broker Binomo
Binomo is popular because it constantly holds a lot of profitable promotions and offers that will be of interest to both options beginners and professionals. You can get acquainted with the broker’s promotions and take part in the most profitable ones for you here. By trading binary options with bonuses, the trader not only gets a good chance of a decent income, but also saves his budget and can get the most out of trading faster.
Binomo Broker Tournaments
Weekly free tournaments from Binomo are a unique opportunity to participate in the competition and get real money without investing your own investments in it. 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, are options in the amount of $150.
Participate in the Binomo tournament
Findings
- Trading for more than 8 hours (one session) is risky.
- To determine the optimal trading time, it is necessary to analyze the main characteristics of the chosen strategy.
- The correct time depends on the individual schedule.
From tomorrow, it’s up to you to decide what time to start trading. You’re going to take advantage of that, aren’t you? In order to get the best result, traders must fully write their trading plan. Which includes: risks, assets, strategies and working hours. Only then will you be able to get the maximum earnings.
Tagged with: Binary Options Strategy • Binary Strategy for No Touch Options
