Binary Options Trading Support - Resistance
What is Support & Resistance- Definition
“   Support – The lowest price level an instrument can get to,    before the price starts increasing.    Resistance – The ...
How to trade using Support & Resistance        levels in binary options
• Trend lines are formed with every support and resistancelevels that are reached.• When a support level is reached, price...
So how to use Support and Resistance      levels in Binary Options?
• Set up your charts to a 15 minute time frame. This is theoptimal setting to identify strong Support & ResistanceLevels.•...
Resources for Further Reading on Support and Resistance Levels
Trading Binary Options with Support and Resistance Levels(Source: Binary Options Reviews UK)What is support and resistance...
Thank you!For more details, on how to trade binary options,   with trading tips and strategies, click here.
Upcoming SlideShare
Loading in …5
×

Binary options trading using support & resistance

3,242 views

Published on

How to use support and resistance using binary options. Full Article: http://bit.ly/K7bWWh

Published in: Economy & Finance, Business
  • they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore. I have personally used this before. But i loose my money trading on this. Now i'm satisfied with GEORGESEPROVITZ.COM.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • the worst thing was i blew up my first account. I got the information about GINO SHEARER SYSTEM from my friend. Now this gives me a much better profit than this across my desire.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. ANDYLANK.COM is incomparable trading software. By using its simple trading techniques you can have stabilize stream of profits daily. In a very little time it can convert your $5 investment to a $100.?
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Well…there is a good news. Finally there is ANDY LANK TOOLS that makes you insane cash and guess what the best part is? It’s fully accredited by an international regulator so you KNOW the profits are real.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

Binary options trading using support & resistance

  1. 1. Binary Options Trading Support - Resistance
  2. 2. What is Support & Resistance- Definition
  3. 3. “ Support – The lowest price level an instrument can get to, before the price starts increasing. Resistance – The highest price level an instrument can get to, before the price starts decreasing. Source: Support & Resistance Trading Strategy
  4. 4. How to trade using Support & Resistance levels in binary options
  5. 5. • Trend lines are formed with every support and resistancelevels that are reached.• When a support level is reached, prices tend to move higher(it is ideal to place a CALL option at this point)•When a resistance level is reached, prices tend to fall makingit ideal to place a PUT option at this point.• Not all support and resistance levels are strong. So look outfor false levels.
  6. 6. So how to use Support and Resistance levels in Binary Options?
  7. 7. • Set up your charts to a 15 minute time frame. This is theoptimal setting to identify strong Support & ResistanceLevels.• With support & resistance trading, you are basically tradingusing the trend lines. (However note that there might be breakouts from time totime which will breach and set up new support and resistance levels.)• When placing a binary options trade, make sure the expirytimes are within the charts that you are using. (ex: If you arefollowing a 15 minute chart, the expiry time should be 15 minutes or less)• High/Low Type of Binary options works best.
  8. 8. Resources for Further Reading on Support and Resistance Levels
  9. 9. Trading Binary Options with Support and Resistance Levels(Source: Binary Options Reviews UK)What is support and resistance (source: wikipedia)
  10. 10. Thank you!For more details, on how to trade binary options, with trading tips and strategies, click here.

×