60 Second Trades Forex Binary Option Trading Strategy 2022

The 60-second binary options type has become very popular since its introduction a couple of years ago. Hither are a few strategies you can use to trade information technology.

1. Support and Resistance Strategy

The price of assets possesses a trend to advance in a sequence of waves with each 1 possessing a top and a bottom. These constraints are assessed to be major reversal levels which can be readily identified past key back up and resistance levels. A favorite threescore seconds strategy is to identify those times when the price clearly rebounds confronting these resistance and back up levels. New binary options should and then be opened in the opposite direction to that in which price was progressing earlier the rebound.

For case, the next GBP/USD 60 seconds trading chart presents skilful examples of when to execute both CALL and PUT binary options. Essentially, whenever the price rebounds against resistance, you lot should activate a PUT selection. Similarly, if the cost bounces higher after striking support, then you should open up a Call binary option.

Your outset step in instigating such a strategy is to detect a currency pair that has been range-trading for some extensive time. You must and then identify the resistance and support levels past either using your broker’s information or simply connecting the highest points for resistances and the lowest values for supports, equally shown on the chart higher up.

One time yous observe price testing 1 of these levels, then expect until the present candlestick confirms a true bounce by cleanly closing below resistance or above support. This activeness volition provide yous with some protection against false signals. For example, if a successful confirmation is attained, so open up a new PUT binary selection using the GBP/USD as its underlying asset with the one minute expiry time if price premises against resistance, as displayed on the nautical chart above.

Past wagering $100 with a payout of 75%, you lot would have collected $75 for both the PUT options shown above. In fact, your initial wager of $100 would have exponentially increased to$937 for the four trades displayed in a higher place within 5 hours if you had reinvested your returns in each case.

2. Follow Trend Strategy

Another 60 seconds strategy that has gained in popularity recently is based on tracking trends. This is because such strategies permit you to exploit the advantage of trading with the tendency and, as such, comply with the famous maxim which states that the ‘trend is your friend’.  The bones thought is to trail a trend and execute a ‘Phone call’ binary choice if cost ricochets college from the lower trendline when the underlying security is climbing within a well-established bullish passage. In dissimilarity, y’all should actuate PUT binary options whenever cost rebounds downwards after hitting the upper trendline in a well-divers bearish channel.

For example, the above 1-infinitesimal trading chart for the USDCHF currency pair clearly displays a strong bearish trend. As you can confirm from studying this diagram, iv opportunities for opening PUT options arose afterwards the toll rebounded lower confronting the upper trendline.

To instigate a trending strategy, yous must first locate an nugget that has been trading either a bullish or surly tendency for some time. You then need to depict the trendlines by connecting the serial of lower highs for the upper trendline and the lower lows for the lower trendline in the example of a bearish channel, equally illustrated in the above chart.

One time you observe price testing the upper trendline, and then you should pause until the current candlestick completely forms and so that you can verify that it closes beneath this level. If it does, so initiate a new PUT option using the USD/CHF every bit its underlying nugget with the 1 infinitesimal decease time. Envisage that your wager is $v,000 and the payout ratio is 75%. The four successful trades identified on the higher up chart would have netted you a staggering $46,890 in but over ii hours if you reinvested your profits each time. Now, y’all can brainstorm to understand why so many traders are raving about lx-second binary options.

iii. Breakout Strategy

A favorite sixty seconds strategy is trading breakouts since they are piece of cake to notice and tin generate impressive returns. The cardinal idea of this method is that, if the cost of an asset has been oscillating for some all-encompassing time inside a restricted range, and then when information technology does achieve enough momentum to pause out it frequently travels in its chosen management for some considerable time.

Your initial step in implementing this technique is to identify an asset pair that has been fluctuating within a bars range for an extensive fourth dimension menstruum. As such, yous are searching for a side-fashion trading pattern that is clearly delineated past a bottom and top, every bit demonstrated on the above AUD/USD 60 seconds charting diagram. Very ofttimes, the toll will bounce against its floor and ceiling numerous times earlier finally breaking free, as illustrated again in the above figure. A sustained breakout should subsequently be assessed as a strong recommendation to initiate a new trade.

Equally the diagram above shows, toll does attain a articulate breakout beneath its support or flooring. You are now recommended to await until the current 60 seconds candlestick is fully formed then that you can ostend that its closing value is undeniably beneath the lesser level of the previous trading range. This verification will provide you with some protection confronting a false signal.

After accomplishing this objective, you lot should now open up a new ‘PUT’ binary option based on the AUD/USD with a lx seconds death menstruation. As this form of trading is definitely dynamic, practice not take chances in excess of 2% of your equity per position. If your equity is $10,000, then your bet should exist just $200. Your opening price is 1.0385; your payout ratio is eighty% and your refund is 5%. After the one-minute expiry time elapses, the AUDUSD stands at 1.0375; you lot are “in-the-money” and collect $160.