Sunday, 8 July 2018

Binary Options News Trading

Most Binary Options traders focus so much on technical analysis without knowing that new trading can be very rewarding. It is very simple and highly rewarding. So in this post I will sharing with you how to benefit from trading financial news in binary options.

Every day at specific times, there is influx of various financial news. You can find the time and the impact of each news in some websites like forexfactory.com.

Example

When you find the time of high impact news (the news events with red ) set up your trade and be ready for the event. Read the market sentiments and the expectations of traders and wait for the news event to be released.


Now if the new is positive it means that the asset will increase in value. If it is negative it means it will decrease in value.

Having set up your binary options trading platform, you will follow these steps before your place call or put.

Step 1: Set up your Binary options trading dashboard to 1 Minute time frame and Allow the news to released.

Step 2: check the figure to see if it is in line with the overall market sentiments (that is the forecast).

Step 3: Allow 1 minute candle to close in the direction that confirms the figure and the sentiment.

Step 4: place trade in the direction of the 1 minute candle. If all the steps are collect and the 1 minute candle confirms that, go with the last 1 minute trend for 5 minutes expiry.


See a typical example here

All the set ups are correct and the 1 minute candle is bearish and so we place put (sell) to expire in  5 minutes.

This strategy is correct 80% of the time. Dont Neglect it.TOP RECOMMENDED BROKERS

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