INDICATORS AND STRATEGIES IN BINARY TRADING

NEVER INVEST MONEY THAT YOU CAN'T AFFORD TO LOSE.

This blog is build by fans of the platform. Not IQ Option.

 In this trade I will illustrate all the connectivity why I trade on EUR/JPY on LOWER entry. As you have seen I was so late to enter in the market by looking at the yellow box on the image arrow down, but one of the confirmation I am waiting is that when the static(Color Blue line) of the Bollinger Bands crosses on the EMA 35 I have set up (Color Violet line) so it came up. 

But I put the trade after 5 minutes to give you illustration that the volume is still increasing. See the illustration below, the gap of the static line of the bollinger bands are going more apart from each other which means the bears are still in control of the market. 

As you can see also with the tools I used in RSI 14 color violet line that the line crosses a little above the 50 line of the RSI then it continues to move lower until it happened a bull test trying to reverse the market but that's only a small pullback of a strong downtrend and I am so much apprehended by seeing the small pull back so I use martingale system to cover up my first entry, and the result is still a bear market and I won the trade.

You can also verify at the MACD below that set up a pullback trying to reverse, when the moving average color blue trying to cross the signal line color red. But as you can see in that trend using MACD, the volumeis still increasing on a downtrend market. Still it signifies a continuation of a downtrend because the gap was so clear from the zero line of the MACD and the 2 moving averages. Sooner this will reverse as the volume decreases, be sure to watch all the indicators plotted for confirmation of a reversal before putting a HIGHER trade entry.

In this trade I used Bollinger Bands, EMA 35, RSI 14 and MACD. Try this and practice it many times for you to familiarize the indicators and the strategy that fits your trading style.

Your capital might be at risk.

In this trade i used a different approach trading in side way bullish trend of the USD/CHF. As you can see on the illustration below, i put a HIGHER entry trade after a big green candle where a red candle illustrates a rejection on its wick above the body and closes also on the level of the green candle. That illustrates a small pullback testing the bulls to give in, but that is a fake signal that bears are coming over bulls, still signifies the continuation of an uptrend and still gaining strength on the market. As you can observe from the crossing of the blue line or the lower EMA to the higher EMA red line, the candles are respecting the lower EMA, whenever it touches the blue line, it tends to move away from it. Even it touches the blue line or lower EMA it will also moving away from it because that's only a pullback of the bears on the market. It is shown below that the market is a strong uptrend because the gap between the lower EMA and higher EMA is so far from each other. As the market is developing a strong bullish trend, it also crosses the WMA yellow line, it means it breaks the resistance line, now the WMA becomes support. Both of the two EMA's blue line and red line crosses the Highest EMA yellow line, signifying a strong uptrend.

As you can see I used also a martingale system to maximize my profit every pull back of the market while the trend is going up.

Illustrating below the RSI 14 as one of my confirmation tools, that the line did not even cross the 50 line after the lower(blue) EMA crosses the higher(red) EMA. And also the two moving averages of the MACD is over or above the zero line which means that the market is on the bull's territory.

Your capital might be at risk.

 As a result, its a win trade. Remember, never make an entry without a clear view of your trade. See confirmation on all tools you are using on your trading platform. Analyze the market before putting a trade, reason out your entry why putting a trade in that position in order to have a smooth trading always.

Be sure to know what is happening in your screen and you must have the knowledge on how to use properly every tool you are using so that you can have a clear view on your trading experience.

A profitable trader is a person who learns always from his/her mistakes and portrays patience, persistence and a well-disciplined human being having an attitude that his/her trades benefit from it.

I hope this can give you light on how binary trading it should be. Please leave your comment below if you have seen any mistakes from my presentation and I will try to look back in it.