Most of you might think to be able to make money in binary options, you need to master one or more technical indicators. But based on experience, the simpler the better. In fact, you can make money without using technical indicators. No settings, no calculations, nothing! If you are thinking about how to start trading binary options, you need to read the article below.
This strategy is based on candlestick charts. First, make sure the timeframe and option period are correct.
Timeframe / time graph: 1 minute
Trading time: 1 minute
And done, this is the only setup you need to make money. In this strategy, you don't need to worry about price action, all you need to do is pay attention to the pattern of 3 consecutive candles.
Where did this strategy come from? This is actually similar to tossing a coin. The probability of getting a head and tail is 50/50. But your probability of getting the same result on the second toss will decrease by 25%. What's more on the third chance, you only have a 12.5% chance for the same result in a row.
Therefore, try applying the rules tossing this coin to Binary Options trading, if you see 3 consecutive candles of the same color, the possibility of the 4th candle appearing in the same color is very low. Therefore, you should open a position in the opposite color when you find a pattern of 3 consecutive candles.
Time for trading: if 3 white candlesticks appear in a row, the position opening time is open on the 4th candle. READ, open the position in the HIGH option in the 4th candle if you find 3 consecutive white candles.
And conversely, if you find 3 consecutive green candles, this is the right time for you to open a position in the 4th candle. READ, open the position in the LOW option in the 4th candle if you find 3 consecutive green candles.
This strategy is based on candlestick charts. First, make sure the timeframe and option period are correct.
Timeframe / time graph: 1 minute
Trading time: 1 minute
And done, this is the only setup you need to make money. In this strategy, you don't need to worry about price action, all you need to do is pay attention to the pattern of 3 consecutive candles.
Where did this strategy come from? This is actually similar to tossing a coin. The probability of getting a head and tail is 50/50. But your probability of getting the same result on the second toss will decrease by 25%. What's more on the third chance, you only have a 12.5% chance for the same result in a row.
Therefore, try applying the rules tossing this coin to Binary Options trading, if you see 3 consecutive candles of the same color, the possibility of the 4th candle appearing in the same color is very low. Therefore, you should open a position in the opposite color when you find a pattern of 3 consecutive candles.
Time for trading: if 3 white candlesticks appear in a row, the position opening time is open on the 4th candle. READ, open the position in the HIGH option in the 4th candle if you find 3 consecutive white candles.
And conversely, if you find 3 consecutive green candles, this is the right time for you to open a position in the 4th candle. READ, open the position in the LOW option in the 4th candle if you find 3 consecutive green candles.