How the SPECTRE ICO transforms Binary Options into Smart Options
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The information smart binary options need is right in front of smart binary options on the chart, and yet traders rely on lagging indicators to predict future price movements. If you are going to trade smart, you need to set up your plan correctly.
In this strategy, we are trading with the trend:. When trading short-term binary options, we believe going with the major trend is preferable, but of course, some traders may want to trade countertrend and profit on the reversals.
In case you are following the trend, you will most likely want to place your trades after some pullbacks. To identify the trend, we need to switch to the one-hour chart and see which candles dominate: If the green candles are bigger, the price is in Uptrend; if the red candles are bigger, the price is in Downtrend.
After we know the trend, we wait for a small pullback and our confirmation candle, which should suggest trend continuation.
In our case, the confirmation candle is marubozo, or a candle without wicks. In uptrend, a bullish marubozo would suggest a strong momentum, and price may continue upward.
As you can see in the above chart, the bears are trying to push the Euro down, but after the pullbacks, the bulls quickly recover with stronger green candles.
When the price starts to recover, we are looking for our marubozo bullish candle. On the above chart, you can see the bears are much stronger, and the bulls are unlikely to take control over the U.
We want to see a bearish marubozo candle and then eventually purchase Put options. To make smart binary options, we need to trade smart. First, you need to smart binary options to identify trends and then wait for a smart binary options candle that will eventually tell you the price is in strong momentum and the trend will continue.
When trading with smart binary options trend, you may want to escape trading in the overbought or oversold levels, and the RSI indictor will help you with that. Skip to main content. Smart binary options strategy - 60 second smart binary options 5 minute trades You are here Home.
The marubozo candles may suggest strong momentum and help you when trading with the trend. Smart binary trading If you are going to trade smart, you need to set up your plan correctly. In this strategy, we are trading with the trend: Identify the trend Wait for a pullback Wait for a confirmation candle When trading short-term binary options, we believe going with the major trend is preferable, but of course, some traders may want to trade countertrend and profit on the reversals.
Alternatively, in a downtrend, we would wait for a bearish marubozo.