Binary options trading in the channel is one of the most successful methods of options trading. By correctly identifying the channel and the time to trade, you will be able to close at least 70% of trades with gains. And with such statistics, your account will grow by leaps and bounds.
This strategy works well in a horizontal market, that is, in a quiet market with almost no trend. And due to the fact that during the day such places on the chart will be hard to find, you’ll see the most profit trading binary options at night.
Since European and American stock exchanges (which make quotes so mobile) are closed at night, the market is very calm and moves almost horizontally at this time. Thus, by defining the limits of the upper and lower borders of the price channel, you can conclude transactions on rebounds from the channel walls moving inside, and earn very well on this:
Rules for the "Binary Options Channel" strategy
Now, about the basic rules for trading on this strategy:
1. Time to trade: from 21:00 to 08:00 Moscow time.
2. Assets to trade: EURUSD, USDCHF, GBPUSD.
3. Expiry terms of 1 to 3 minutes (tested on the Binomo trading platform).
4. Transaction amounts: 2% of the account balance.
5. Broker for trading - a company with minimal delays in the processing of transactions.
To test the trading system, we used the Binomo broker, whose speed of transactions is 5 milliseconds, that is, without price slips, and the minimum transaction size is $1, which allows you to start trading on the strategy with the minimum account size.
The strategy received pretty impressive results during testing - more than 70% of transactions closed with a profit. The testing was conducted on the EURUSD asset, on which the profitability of options is 85%. Therefore, with such good statistics for lucrative transactions, the balance of the account we used for testing grew very quickly.
Congratulations on the year 2025! The snake is a toy, and the bonuses are real! Win up to 1000 bonuses to your bonus account.
Read more...Dear traders! This Thursday, December 26 (starting at 15:00 trading terminal time), the next, 23rd Round of the Grand Capital Cup Tournament for Traders will take place.
Read more...Mistakes are an almost inevitable part of the path to success. In trading on financial markets, mistakes are particularly sensitive, as they can cause partial or complete loss of capital. If the error can be fixed, then that's good news. The bad news is that some mistakes can't be fixed. Among the latter, market professionals consider condoning the rules of risk management. What else is included in the top 5 mistakes of a trader? How can I prevent mistakes in time to avoid losing my deposit? Visit the webinar "5 main mistakes of a trader" and learn about the typical pitfalls in trading. The event is organized by NPBFX in cooperation with the financial education center FX-Instructor. Make your trading more profitable with the NPBFX training workshop this Thursday, February 13th.
Read more...