15 Min Binary Options Strategy

On Mon, I broke from my normal routine of trading 15-infinitesimal expiries from the 5-minute chart in favor of “60-second” binary options. For 1, I merely felt like breaking things upward a flake for my own enjoyment. And two, I know that many traders are into this fast-paced culling, as information technology’s at present offered by many offshore brokers. Therefore, introducing some 60-second trades into my blog can serve to lend some advice on how I would arroyo these.

Brokers with 60 Second Options

Usually, I do not trade ane-infinitesimal options beginning and foremost because the payout is relatively poor (70%). Also, information technology is more difficult to be equally authentic with these trades as the 15-minute trades, due to the inherent level of noise on the one-minute chart, in my opinion.

In other words, when trading 60-2d options from the 1-minute chart, y’all’re dealing with a very small corporeality of price data encapsulated in each candlestick, and i minute of price activity is relatively inconsequential in the g scheme of things. That said, I believe that it’due south fully possible to make sound trading decisions regarding what may happen to the price motility in the next infinitesimal.

Basic 60 Second Strategy

My bones strategy toward threescore-second options goes as follows:

one. Discover support and resistance levels in the market where short-term bounces tin can be had. Pivots points and Fibonacci retracement levels tin can be particularly useful, but as they are on other timeframes while trading longer-term instruments.

2. Take trade set-ups on the first touch of the level. When you’re trading instruments that accept a loftier level of dissonance inherent in the eventual trade outcome (like “60-2d” options), I believe that taking a higher volume of trades can actually play to your reward.

For those who are not familiar with the way I normally trade the 15-minute expiries from the 5-minute chart, I ordinarily look for an initial reject of a price level I already have marked off ahead of fourth dimension. If it does reject the level, this helps to further validate the robustness of the price level and I will look to get in on the subsequent touch. Expectedly, this leads to a lower book of trades taken in exchange for higher accurateness set up-ups.

lx 2nd Trades Lead To College Merchandise Volume

Simply since the inherent racket in each 60-2d trade is then large to begin with, I believe trading in higher volume can actually work to one’south benefit in that it helps to fifty-fifty out the accuracy fluctuations that come when trading such curt-term instruments.

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To provide a baseball analogy, a hitter who ordinarily maintains a batting average of .300 (i.e., he makes it on base with a hit on three out of every ten at-bats) may become through a x-game stretch where he only bats .100. On the other hand, in that same span, he might hit .450. Simply over the course of a 100+-game season, information technology’s expected that with plenty at-bats, his true skill level with regard to hitting will be accurately revealed. It’south a “regression to the mean” type of concept.

As such, if you’re trading 60-2d options and only taking 1-ii trades in a 4+-hour session (i.eastward., being super conservative), it’s likely that you’re going to exist waiting a very long time before your true skill level at this form of trading is revealed to your attention.

You may non fifty-fifty accept an constructive strategic approach to ane-minute options, and it would be unfortunate if you went over a calendar month of trading this instrument before you brainstorm to realize that that’due south the example one time your profit bend (or ITM percentage) starts to take its appropriate shape. That said, don’t overtrade by taking set-ups that aren’t actually there. That’due south far worse than fifty-fifty choosing to trade at all.

three. Don’t blindly trade all touches of support and resistance. Continue to consider price action (eastward.g., candlestick types and formations), trend direction, momentum, and things of that nature that come with personal exposure to how markets of your interest conduct and furthering your trading instruction to continually become better.

Merely without farther ado, I will bear witness you lot all of my 60-2d trades from Mon and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots.

Merchandise History Using 1 Infinitesimal Expiry

#1: 1.32817 had been the high for the morning and formed an area of resistance. On the beginning re-bear on of 1.32817 I took a put option on the one:54 candle. This trade won.

#two: Similar to the start trade I took a put option on the re-affect of i.32817. This trade also won.

#3: A third put options at 1.32817. This trade lost, as cost went above my level and formed a new daily high.

#4: Price formed a newer low at 1.32715, retraced upwardly to 1.32761, earlier coming back downward. I took a call selection on the re-bear on of 1.32715 and this trade won.

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#v: Basically the same trade as the previous one. Price was holding pretty well at one.32715 and then I took a subsequent call option and won this trade.

On the two:26 candle, cost made its movement dorsum upwards to the ane.32761 resistance level. On a normal move, I would take a put selection there, but momentum was strong on the 2:26 candle (nearly six pips) so I avoided the trade.

#6: Several put options nigh set up on the 1.32761 level, but none materialized at the level. So my side by side trade was all the same another call option down near where I had taken call options during my previous 2 trades. Withal, since 1.32715 had been slightly breached before, I decided to instead take a call selection at 1.32710 instead. I felt this was a safer motility as merely one-half-a-pip tin can be crucial in determining whether a lx-2d trade is won or lost. This trade won.

#seven: Put choice back up at the 1.32761 resistance level. This trade won.

#8: Phone call option down at one.32710 (where #6 was taken). This trade won. Nevertheless, the infinitesimal subsequently this trade expired in-the-money, the market place bankrupt below 1.32710 and formed a newer depression at 1.32655.

#ix: This merchandise was a put option at 1.32710, using the concept that old support can turn into new resistance. Nonetheless, this trade did not win equally cost continued to climb back into its previous trading range.

#10: I decided to take a put choice at the impact of 1.32817, which was the level at which I took my first trades of the day. This merchandise might seem a bit puzzling at first given a new high for the twenty-four hour period had been established and that momentum was upward. But by simply watching the candle it seemed that cost was apt to fall a chip. It was also heading into an surface area of contempo resistance and so in one case information technology striking 1.32817, I took the put choice and the trade worked out.

#11: Another put option at 1.32817. This trade won.

#12: For this trade, the high of solar day initially made on the two:13 candle came into play – i.32839. I had intended to take a put option at this level on the 3:22 candle, just price went through it rapidly and closed. And and so for maybe x-fifteen seconds, my price feed was delayed and by the time it the connection was recovered information technology was over a pip above my intended entry. So I’g glad I missed that trade, as it’s one that would accept lost.

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I did end upwards using the i.32839 level on a call choice, though, given that previous resistance can turn into new support. This merchandise won.

#13: one.32892 was at present currently the high for the day and had formed a contempo resistance level. I took a put option on the touch of the level. This trade won.

#14: Like to #12, I used 1.32839 equally support once more, and it produced a winning trade.

#fifteen: Once again, I used the current daily high of 1.32892 equally a resistance level off which to take a put option. But price busted through and this merchandise lost.

#16: Another fifteen minutes passed past before I was able to take another trade ready-up. This fourth dimension, I used 1.32892 as a support level (old resistance turning into new back up) to take a phone call option. This trade was probably my favorite set-upward of the solar day and was aided by the fact that the trend was up. It turned out to be a winner.

#17: For put options at this bespeak, I had an eye toward 1.32983 (the new loftier for the mean solar day), only price consolidated twice at the 1.32971 level forming a line of resistance. So I decided to take a put selection at the affect of 1.32971 on the 4:28 candle. This trade turned out to be a overnice 4-pip winner.

#xviii: My terminal merchandise of the day was a call option back downwards at 1.32839, where I took the same set-ups for #12 and #xiv. This was some other expert four-pip winner.

Subsequently that I was waiting for toll to come up up and see if 1.32892 would act as resistance, only information technology never touched. Also, I was feeling a bit fatigued by this point and decided to call it quits for the day.

Conclusions On This Strategy

Overall, I did pretty well for my starting time twenty-four hours trading sixty-second options, going 14/xviii ITM. But, in general, I accept organized religion in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to utilise it to any market or timeframe. I also enjoyed toying around with the one-minute options, as it was a new experience, and I would definitely consider adding more than 60-2d selection days into my regimen in the future.

Where Practise I trade?

Fast withdrawals and decent payout %s keep me happy there.

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Source: https://www.binaryoptions.net/my-1-minute-60-second-binary-options-strategy-1418-itm/

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