Binary options trading recommendations and brokers opinions: This characteristic of Forex made it attractive and most importantly, accessible to everyone, regardless of their level of experience, background or trading history. Many people from all over the world embraced the opportunity to generate an additional income or do trade forex for living by opening up a trading account. The enthusiasm and desire to earn more money, however, is most certainly not enough if you want to trade efficiently.
As long as the price moves in the cloud (or near it) – the market is in a lateral position (flat), and its boundaries will be dynamic resistance/support levels. If price moves above the upper border of Kumo, the trend goes up, if it goes beyond a lower border, it is bearish. Tenkan-sen line is considered the same trend indicator. Kijun-sen line shows the probability of a trend change. The intersection of this line of the price chart means a near reversal. First signal. The Chinkou Span line breaks price chart: from the bottom – top, opens the CALL option, from top-bottom – open PUT option. Second signal. The Tenkan line leads Kijun-Sen from bottom to top (Golden Cross) – open CALL-option, if from top-bottom (Dead Cross) – open Put-option. Third signal. We reason the same way: crossing the Senkou-A line with Senkou-B line from bottom-up is CALL-option, from top-down the PUT-option.
The Westernpips Group software has come a long way from the idea of arbitrage trading to the present day. More than ten years of hard work, constant updates and improvements. In new versions, we took into account all the nuances and shortcomings of previous versions. Now it is a professional trading system, a set of software products that allow you to cover the entire Forex market, CFD`s and the crypto currency market. We have expanded the list of trading platforms and stock exchanges for arbitration. Now you have even more chances to find a good broker and to break the jackpot. WP group develops the most profitable trade systems in the Stock and Forex Exchange. Today HFT trading is one of the most popular, highly profitable and risk-free systems of trade.
A cool broker that really provides good trading conditions. I didn’t initially have such an opinion, it was formed during the trading process, after those withdrawals of funds which I had earned with a 70 Trade. Company’s main feature is a serious approach to customer support. I have traded with 70 Trade for years and no complaint so far, a stable and reliable broker. Now I am doing a broker IB and I always recommend 70 Tradeto my customer as a decent choice for especially new trader. Explore even more details at 70Trades.
For professional traders, there is nothing new, and for beginners, we pay attention to the use of such signals (as in trend strategy) only on a strong trend and timeframes from M15. On a sideways (flat) movement, most signals become false: the PSAR begins to change position quickly and it is difficult to calculate the expiration correctly, the RSI “sticks” in its extreme zones. If you need scalping and M1, choose the following binary options strategy from vfxAlert.
FOREX is a high risk business and you should educate yourself before starting. Trading part-time requires you to fit your trading strategy, analysis, and routine around your 9 to 5 and daily schedule. This is all it takes and despite the fact that it takes some practice in the beginning, it will soon become easier for you. Becoming a part-time Forex trader means that you are good at exploiting the opportunities available at the time you are trading, not exploiting all opportunities available in Forex in general.