My Strategy Your Success!!!
Try my Price Action Strategy yourself in a free demo account:
FIND LINK TO DEMO ACCOUNT IN DESCRIPTION OF THIS YOUTUBE VIDEO.
My Price Action Binary Options Trading Strategy that Works:
1. Search for a moving market, in the best case a starting trend. Avoid markets with no movement and avoid sideway markets for the beginning. Always trade in trend direction.
In this video, I trade against the trend, but I recommend to only trade in trend direction for the beginning!
2. Draw trendlines and the Fibonacci retracement to determine good entry levels. Also, keep the bigger picture in mind and ensure to trade in trend direction and better enter a trade a bit too late with this strategy.
3. When a line is touched by the price, take a look at the RSI and Stochastic. The stochastic and the RSI should be in the opposite extreme in relation to the trend.
4. Wait for a cross in the stochastic to enter the trade.
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