CHAPTER 6

Profitable Strategies for Binary Option Trading

There are many strategies for you to consider when you contemplate investing in binary options. You have a choice of short-, medium-, or long-term strategies the use of which depends on how comfortable you are with trading different time frames. If you have been trading forex previous to trying your hand at binary options, you should keep to the time frames you have been trading so as to remain in your comfort zone. As with trading forex or stocks, binary options strategies incorporate the use of the same technical analysis tools and indicators that you would have been accustomed to when trading stocks or forex.

Charts

Charts are an integral part of technical analysis and if you have been ...

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