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Binary options are a simple way to participate in the negotiation of financial assets. It is very easy and simple the understanding its operating principle. As the name indicates its behavior is binary, comprising only two possible values (is like the 0 or 1 of the bit value), you win the predetermined profit percentage or you lose your investment.
Moreover, in binary options no matter how many pips you will win or lose, but only if it is above or below the entry price (it is suggested the close price of the last bar). So, there is a big question, what is the best option to take after the close of a bar? In this article we make an analysis of the history close bars during the current year and making conclusions about the binary directions for our orders.

The Strategy:

In binary options the important is to be above or below the entry price (In this case is suggested the last close price bar). Furthermore, that is not an issue having the worry of optimizing the number of pips to gain or minimize the number of pips to lose. So was done an analysis from the beginning of this year, making sure that the bar immediately following the bar that was just closed will close …
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agddivisas avatar

Good idea!

picoas avatar
picoas 18 Nov

good. I will try it.

ijayakumar avatar

Simple and good!

VictoriaVika avatar

Good article, nice written, good luck with it.

matkooo2575 avatar

not sure if this can be profitable. yes 52% is more than 50% more BUT in BO if you bet on up 10usd you will not win 10usd you will win 9-9,5usd.

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The FX market is a battle ground. A place where currencies fight it out and losers and gainers are determined. This article is essentially to show you the best way to begin a trading day; it is divided into two parts: trading psychology and trading method. The two skills a trader cannot do without is discipline and patience. Trading Psychology Trading is like going to war. You have to be physically and mentally fit. My trading day begins with a prayer, some pushups and sit-ups. I like to keep my body fat under a certain limit. After my morning exercises, I go running with my MP3 player for some music. During my run, I mentally go over the previous week’s trades, both the successful and not-so-successful ones. I remind myself of why my trades were successful and why others were not. I have a notepad by my system, where I write my trading mistakes. I do not keep a trading log; I can always check my trading history for that. By the time I get back home, I’ve burnt an appropriate amount of calories and I’m ready for the trading day. Trading success to a large extent depends on your emotional state. Any feeling of stress, discomfort or depression will most likely lead to wrong tradin…
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Efegen avatar
Efegen 16 Apr

Telling about money management is good. Usually writers omit it. But i liked it+1

zbych avatar
zbych 18 Apr

Hello Takam, Nice explain main rules of being good trader. It is interesting you show those rules in your experience. Another interesting point is remark about prayer. I think many traders experience gap between religion and trading, you have another concept. All the best and have a good trading.

micetrader avatar

well done, looks like a good long term strategy.

micetrader avatar

i disagree with you about not keeping a trading journal, i think its essential for a successful trader.

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