Binary Options Signals for March 5
Good afternoon dear traders. Today’s signals are determined by the direction of the market at different time intervals.
Starting from the 4-hour chart, we get to the resolution of 5 minutes. Trades are opened depending on the expiration time of the option.
If we are interested in up to 1 hour, we consider the trend from 30 minutes and 5 minutes.
We use an indicator strategy for trading binary options:
It is important to pay attention to older trends. The older the trend, the stronger. Therefore, if you want to trade with less risk, identify a higher trend and open trades only in the direction of this trade.
On the chart, we see a downtrend, and a signal for an option to sell the asset.
By lowering the time frame, we can trade on lower time frames. However, our risk lies in the weakness of these signals. Trading on low timeframes, the time of the experience is up to 30 minutes (5-6, 5 minute candles)
Choosing the right strategy for binary options.
We would like to touch on this topic. Since from the letters of visitors to our portal, we drew attention to the fact that many use forex strategies (intraday transactions up to 12 hours). This may work, but the result will not always be positive.
Since if you scalp, choose strategies d0 1 hour.
It is difficult to catch the right binary signal for a turbo option on the 4 hour chart.
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