This strategy for binary options is very effective, it marks the time and the moment to operate, verified with real money and in the best broker of the moment IQOPTION.
Improve your income with this magic indicator of binary options, it shows you the signal at the indicated moment that makes it the most effective indicator of the moment.
It is based on candle patterns and price action.
If you want more information about this indicator leave me a comment.
Price action trading strategies have been around for quite some time, and for good reason. But I find that many traders tend to confuse the term for what it really is.
So what is it, really, you ask? Let’s find out.
To truly understand the term “price action trading strategies”, we need to first break down each term. After all, it’s just a combination of the two terms, “price action” and “trading strategies”. So let’s start with price action.
What is Price Action?
I’ve covered price action in other lessons, so I’m not going to belabor the topic too much. The basic idea behind price action is that we’re studying how the market moves relative to previous price movement.
Every day, week and month, the Forex market is paving its own road. This road can become our road map to future price movement, if we know how to read it. By studying the highs and lows of these previous days, weeks and months, we can develop a general idea of what price may do next.
Here’s a great example of how price can react to certain price action levels.
Here’s an AUDCAD daily chart. Notice how these key levels can act as boundaries. This can become our road map to future price movement, if we know how to properly identify these levels.
It should be immediately apparent how these levels can be advantageous for us traders. I should note that not every chart will line up this perfectly. Thankfully we don’t have to trade every chart. That’s the great thing about the Forex market – we have a ton of currency pairs to choose from. This allows us to only trade the pairs that have the most obvious price action levels.
Why Does Price Action Work?
As technical traders, it’s important for us not to get too distracted with why something works. When I first started trading Forex in 2007, I was constantly trying to figure things out. Technical, fundamental, you name it. I would reverse-engineer anything I could get my hands on.
Having been through that experience, I can tell you that a far better use of your time is to practice identifying these levels on your charts. Let’s leave the in-depth analysis to the fundamental traders.
But I suppose it couldn’t hurt to at least know the basics. And it may prove beneficial for some, so let’s briefly touch on why price action works.
The reason price action works, and works well, is because everyone is looking at the same chart, with respect to the same time frame of course.
A daily chart of EURUSD looks the same on my chart as it does to every other trader around the world. Statistics show that about $4 Trillion changes hands every single day in the Forex market. Now imagine how many eyeballs that works out to, all looking at the same chart. A lot!
As an example, those who use indicators (without using price action levels) can’t say the same because there are literally thousands of different indicators and indicator combinations. The MACD for example may only be used by 5% of those trading the same EURUSD daily chart. Of that 5%, maybe just 0.07% use the MACD combined with RSI.
You get the point, the variations are endless. Because the variations are endless, so is the outcome. In other words, the results aren’t as consistent as using price action levels, which are the same for everyone.
I will say that some brokers may show different open and close prices, but typically those differences are only a few pips. The major exception being the brokers who follow a New York close (5 day chart). Even then a key horizontal level or trend line on a specific chart will look the same as it does with any other broker.
Why does this matter? It all comes down to psychology. Have you ever been sitting in traffic and witnessed one driver get so frustrated that they pull out on to the shoulder to bypass the other cars? What happens immediately after? Other cars begin to follow their lead, right? This is because the majority of humans are followers, not leaders.
The same rule applies to trading Forex, or any market with decent liquidity. If a large percentage of traders have the same levels (or similar) on their charts, the odds of price action respecting those levels (traders following other traders) becomes infinitely greater. Those traders are just following the pack. And that’s okay! The Forex market is one place where it pays to be a follower and not a leader.
It’s important to note that price action levels work best in markets with high liquidity. This is why it works so well in the Forex market. Because of its high liquidity (highest in the world in fact) the Forex market produces some of the best price action levels of any financial market.
That about covers why price action works. Not so “brief” after all, I suppose. I must have had some pent up “reverse engineering withdrawal” since I haven’t done it for so long. Anyway, now that you have a better understanding of price action and why it works, let’s take a look at the term, trading strategies.
Pin Bar
Inside Bar
Position trading
Swing trading
Momentum trading
The list goes on for miles, which is why so many traders spend years trying different strategies before they find one that works. Obviously I’m partial to pin bars and inside bars, which are based on price action. But there’s a simple reason why I’ve spent so much time and energy teaching price action trading strategies, because they just plain work!
Think of the trading strategy as the signal you look for before entering a trade. The criteria that must be met in order for you to put money at risk.
Every good trading strategy should be:
Definitive – The trading strategy should be precise and definable
Consistent – Consistently putting the odds in your favor
Verifiable – Every good trading strategy should have a proven track record
Objective – A solid trading strategy is based on what the market is doing, not what you think it should do
That about covers trading strategies. If it sounds straight forward, that’s because it is. Hey, nobody ever said this stuff was rocket science
At this point, we’ve discussed price action and why it works. We’ve also covered what a trading strategy is and what a good strategy should consist of. Now it’s time to put it all together..
Inside bar price action trading strategy
Although the combination of price action levels and the two trading strategies above are powerful, this shouldn’t be your only criteria for entering a trade. There are several other confluence factors that come into play. However the price action trading strategies as illustrated in these two charts are a great place to start.
Hopefully this lesson has helped to clarify any misconceptions about what price action trading strategies are and how they can be used. Just remember that every good price action trading strategy should be:
Definitive – The trading strategy should be precise and definable
Consistent – Consistently putting the odds in your favor
Verifiable – Every good trading strategy should have a proven track record
Objective – A solid trading strategy is based on what the market is doing, not what you think it should do
This binary options strategy with light depends to a large extent on the trade in price shares. Scalping trading most profitable operations for short trad with few pips of market like 10 pips or five pips trading. The price action depends on the difference in the market trend with small time or long transactions in all currencies or gold pair.
It has a 95% effectiveness if it complies with the rules,
Personally I operate binary options with a durasion of 3 minutes and 5 minutes, is very effective. It marks the entrance and the trend tracking.
For forex operations scalping with candles 5 and minutes gives me a profit of 100 pips.
This is a price action system based on the X 3 Semafor indicator and the FTI Hama system.
5-minute or 15-minute time frame,
High Bynary Options/Call 60 min.
Currency Pairs: Markets any
Indicators: Metatrader: 4
X 3 Semafor,
Kijiun Tenkan,
FTI Hama System,
Daily Open Line,
Simple moving average of 11 periods,
Small miniature,
Pivot point level (only for 5 min time frame, 15 min, 30 min and 60 min),
Histogam MACD
Add 200EMA (filter direction)
Buy only buy if the price is higher than 200EMA
Operate only sell if the price is less than 200 EMA
Short entry
Wait for the circle at the top (red or light blue, followed by the Tenkan line PA crosses the moving average downwards. Downward trend confirmed, if the price is below Red HAMA system and
MACD histogram is red.
Long entry
Wait for the circle at the bottom (red or light blue, followed by the line PA Tenkan crosses with the moving average.) Upward trend confirmed, if the price is below the blue HAMA system and the
THE MASTER TRADING STRATEGY is a strategy that combines around twelve indicators. This results in one of the safest business strategies in the world. By using a combination of indicators, the system eliminates market noises and eliminates false signals.
The operator can analyze the signals given by the indicators to arrive at a concrete conclusion about the order of opening.
However, the strategy makes the market seem messy and, therefore, is preferable for smaller time frames, such as below time frame D1.
The indicators that this system includes are:
! FT M-MATH v3
Pallada_Assistant
Pallada_Bars
Pallada_Volatility
Reloj BE
Bollinger Bands_Stop_v2
DDFX 9 Xtra Sig v3
Gmacd2
GOLD999D
indicador01
Pivots_Daily1
TREND_alexcud_v_2Men
Each of these indicators contributes individually to show their data and signals. Therefore, you can choose to use the combination that you choose according to what you want.
For example, let's look at a combination of indicator01, Pivot Daily, Gmacd2 and DDFX 9 Xtra Sig v3. All these are intended to give the market trend. Therefore, their combination will give a safer trend.
Fig. A combination in the Master fs forex trading
Looking at the previous chart, the indicator01 is in the form of points that follow a certain line corresponding to the market trend. The points corresponding to the bearish trend are placed in the upper part, while those that show an upward trend form a line under the sails. The DDFX 8 Xtra sig v3 has up and down arrows that show trends up and down. The arrow that looks upwards is usually light blue, while the one that shows the downward trend is white.
In the above combination, you will also notice that there is a Pivot_Day1 indicator that acts in the same way as the pivot point FXI. This indicator shows the support and resistance of the previous day.
You will also notice that there is a graph in the lower part belonging to Gmacd2 that shows in which time frame one can notice a signal and the main trend. For example, in the previous table, it is seen that there is a visible signal in the time frame M5 and the main trend is seen from the time frame H1.
You can also include some of the other indicators if you are not satisfied with the signals. For example, you can incorporate TREND_alexcud_v_2Men that will analyze the moving averages of several time frames and then show when it is correct to open a position or not. For example, in the table below, TREND_alexcud_v_2Men says that it is not recommended to open any position. Therefore, you must wait until the time is right to open a position, even if all the other indicators show that it is OK to open a position.
Fig. A combination in the forex trade master fs that includes TREND_alexcud_v_2Men.
For you to use this master strategy of fs you need to download all the indicators involved in this strategy. Next, place all these indicators in the indicators folder of the mql4 of the MT4 platform. With all the indicators present, you can select which one to use at will.
This is one of the strategies that offers 100% profit, but only if it is used well and the results of the combination of indiacator used were correctly interposed.
