Graphical models allow traders to predict the behavior of prices in the future. One of such model lies in the basis of binary options trading strategy “Triangle“. There are several types of triangles. Some of them can speak of a price breakthrough upwards, the others – on the future movement downwards. Next, we […]
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:
Binary Options Strategy “Head and Shoulders” is based on the same name reversal pattern that alerts the trader that the market changes will occur soon (the direction of the main movement of the market will change to the opposite). If you look closely at the picture above you can see why this graphic […]