Technical Analysis of Binary Options - Video
Only at first glance, asset quotes move randomly, up and down according to an unknown algorithm. In fact, the quotes move between support and resistance levelsThe trend lines are the basis of the trend lines. The regularities of these movements are studied by technical analysis of binary options, thanks to which one can know in advance in which direction the price will move in the future, including on binary options 60 seconds. You can see a video demonstrating these patterns just below.
What is technical analysis of binary options
Technical analysis of binary options is the trader's identification of patterns whereby asset quotes are pushed back from the same resistance or support level several times, resulting in the creation of a zone from which the price will bounce in the future. This allows you to turn technical analysis for binary options into a trading strategy, in which most trades will be profitable.
The following screenshot shows a simple technical analysis of binary options on the new platform BinomoThe trader can determine the zone from which the quotes of the asset will bounce in the future in a predetermined direction. In other words - to determine at what level he should make a deal and in what direction.
How to trade binary options video
And the example of tehanalysis demonstrated above is only the smallest part of a huge set of trader's tools, which will help in the vast majority of cases to know in advance the plans of quotations - in what direction to move next! And learning how to do it is easy! Choose a binary options broker with free training and a professional trading platform, like the new Binomo platform.
Before that, I always watched videos on YouTube. There is a lot of interesting material there too, but because of the ads and because of the constant distractions, I stopped watching and learning videos there.
Ads are everywhere now, so you perceive them even more normally on the Internet than on TV. If advertising is very annoying, you can turn it off completely and nothing will bother you anymore.
The main thing is not just to watch the video, but to work through the material thoroughly. That way you can be in the learning stage all the time.
Not all newbies read and try technical analysis, but get right into options trading. This article clearly shows you what to pay attention to and how to get started with binary options.
Good description and video. I generally like to watch all the new videos that tell you everything clearly about brokers. I guess if you choose a broker with free training, you don’t risk anything and only benefit from it.
Of course, there are a lot more opportunities now for those who just came into binary options than there are for those who started from the very beginning. No one used to just give out bonuses like they can do now. That's why it's already how much easier it is.
A bonus is always good, but free training is even better. Before, you had to learn everything on your own, but now you can hire a trader-teacher. Brokers have such promotions now, because there is good competition.
Within brokerage companies, it still seems to me that you should not look for such people, because they are primarily interested in the profits of the company and for their own good.
If we're talking about a teacher, then only an independent trader. For example, someone who doesn't work for any office, who would be interested in teaching you, not in scamming you for money.
And how do you know that your teacher has no other intentions than to teach you how to trade properly? No one will tell you that for sure.
All companies are interested in something, it's true. But with the advent of competition in the options market, it's gotten better with these training opportunities than it was without them. Wouldn't you want to get something for free that people used to pay money for?
You have to learn all the time, no matter what stage you're at or what your financial situation is. That's why if a broker provides free training, it's doubly nice.
It's easier for me to learn from books. Video, of course, is more pleasant to watch, the information is absorbed faster, but I forget more quickly. That's why for me it's better to read a book and immediately work through everything in practice. That way you can immediately see what works and what doesn't.