The price of a binary option is influenced by many factors. One of the main ones is the real value of the asset. If you correctly predicted the movement of the binary option, you have earned, if not, you have lost. Sometimes your prediction for an option strategy did not work immediately, or vice versa, changed direction for a fraction of a second and returned to its course.
Often these changes in the movement of the option are caused by “economic noise” or market news. In order to eliminate news noise, you need to decide on a binary strategy. Or trade on the news or not enter a position before the news release. Since even the most insignificant news can excite the market and your transaction will be lost.
About the economic calendar and values.
The economic calendar shows only those news that are released on an ongoing basis, like the Real Estate Index or GDP. The market is in a stage of stagnation before the message, thereby gaining strength. After the news release, the entire mass of traders returns to the market, thereby causing it to fluctuate with a strong amplitude.
It is necessary to prepare for the auction in advance, read all the news and write them down.
Trade without surprises. Know that binary options change their price faster than forex.
Use the calendar
on our portal.
We wish you successful trading
