Binary Options Strategy Three Indians is quite an effective method in the market. This method of operation is described in the book by the famous trader Linda Raschke. Often this binary option strategy can be found under different names, for example, Three Hits. Many novice traders because of their inexperience confuse this strategy with the […]
Posts in category Graphical
Binary Option Graphical Strategies
Of all the Binary Option strategies graphical tools are the most popular among traders. Such popularity is explained easily enough, because these strategies are based on work with the fundamental elements of technical analysis, which in this case has to work with graphical objects.
Graphical analysis of binary options is a form of technical analysis. At the heart of the system lies detailed work with price graphics, which can be expressed in the form of bars, Japanese candlesticks or a line graph. Such an approach to market analysis is based on a very simple concept that everything is cyclical. If the price formed certain combinations previously, which always led to a strong price movement in a certain direction, it must be assumed that in the future it will happen again.
This is the essence of studying graphics. Understanding the historical price movements and the ability to transfer them to modern realities – that’s the key aspects in the work of the trader. But do not think that every person has to go deep into the study of the history of changes in the asset price to identify patterns. Major trends have already been marked by traders and are used in the working process.
Graphic strategies of Binary Option trading are:
Pinocchio strategy (pin bar pattern) is very simple in usage. It can be used both by professional and novice traders. In addition, this system, in contrast to many other binary options strategies, can be applied without specific professional skills and knowledge of the intricacies of fundamental analysis. Herewith, the strategy is so all-purpose, that it […]
Rhombus figure sometimes occurs on the binary option chart. Depending on its location, the figure gives a signal to purchase binary options. If the graphical analysis model takes place on the top of the market, a downward reversal may occur soon. Consequently, after the lower bound is broken through, a trader can purchase option […]
Binary Options Strategy “model Dodge” is a fairly simple candle model that is easy to find on the graph. It should be noted that this strategy can be used not only by professional traders, but also by beginners. Moreover, this strategy does not even need to use indicators of binary options. You can make […]
Binary options strategy Purchase within the Range is one of the easiest strategies. Almost any trader can quickly understand its essence and begin to apply it in binary options trading. The main point of this strategy is that the trader, trading in a certain price range, expects that the price will not rise above […]
Trend Reversal – is another binary options strategy, which does not use indicators. This trading strategy is designed for day time scale. It should be noted that this strategy is not the breakdown, but a reversal one. The point of this trading system is to catch a trend reversal and make a profit. […]
Binary options strategy “Wedge” is based on the formation of the same name figure of graphical analysis on the graph, which looks something like a triangle. The main difference of considered patterns is that the wedge has a more elongated shape and its apex has a slope upward or downward. This figure of graphical […]
The figure “Pennant” is, as well as the pattern “Flag“, a signal to continue the trend after some stop. The appearance of a figure is somewhat reminiscent of a triangle, or rather one of its varieties, called “symmetrical triangle”. However, a significant difference from the similar pattern is the fact that the formation of […]