Sunday, February 18, 2018

Trading binary option by knowing what the market makers do.

Binary option trading considerations
s15 chart with sma5, sma50, rsi14, 1min expiry

- Draw sr zones defining order-collecting area (rsi14 hangs out between 30%-70%).
- Wait for breaking out of the order-collecting area into stop-order contract-hunting area
- One trade opportunity is at the breakout and pullback to sma5 near the breaking sr-zone.
- The contract hunting will move along sma5 support.
- Failure of sma5 support marks an onset of the long lasting profit taking area guided by both sma5 and sma50.
- Many trade opportunities are available at the pullback to sma5, sma50 or other sr levels during the profit taking phase.

Study binary option trading by seeing lots of historical examples at [ ].