The Best 60 Second Binary Options Strategy

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

1. Support and Resistance Strategy

The toll of assets possesses a tendency to accelerate in a sequence of waves with each one possessing a elevation and a bottom. These constraints are assessed to be major reversal levels which tin can be readily identified by primal back up and resistance levels. A favorite 60 seconds strategy is to identify those times when the price clearly rebounds confronting these resistance and support levels. New binary options should then be opened in the opposite direction to that in which toll was progressing before the rebound.

For instance, the next GBP/USD lx seconds trading nautical chart presents adept examples of when to execute both Call and PUT binary options. Essentially, whenever the price rebounds against resistance, yous should activate a PUT option. Similarly, if the cost bounces college after striking support, and then you should open a CALL binary selection.

Your beginning footstep in instigating such a strategy is to detect a currency pair that has been range-trading for some extensive time. You must then place the resistance and support levels by either using your broker’southward information or simply connecting the highest points for resistances and the lowest values for supports, every bit shown on the chart above.

Once y’all detect price testing one of these levels, and so wait until the present candlestick confirms a true bounciness past cleanly closing below resistance or above support. This activeness will provide you lot with some protection against fake signals. For example, if a successful confirmation is attained, and so open a new PUT binary option using the GBP/USD as its underlying asset with the 1 minute decease fourth dimension if price bounds against resistance, as displayed on the chart above.

By wagering $100 with a payout of 75%, you 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 above inside 5 hours if you had reinvested your returns in each example.

2. Follow Trend Strategy

Another 60 seconds strategy that has gained in popularity recently is based on tracking trends. This is because such strategies allow yous to exploit the reward of trading with the tendency and, as such, comply with the famous maxim which states that the ‘trend is your friend’.  The bones idea is to trail a trend and execute a ‘CALL’ binary option if price ricochets college from the lower trendline when the underlying security is climbing within a well-established bullish passage. In contrast, you should activate PUT binary options whenever price rebounds downwards later hitting the upper trendline in a well-defined bearish channel.

For example, the to a higher place 1-infinitesimal trading chart for the USDCHF currency pair clearly displays a strong bearish tendency. As y’all can ostend from studying this diagram, iv opportunities for opening PUT options arose after the cost rebounded lower confronting the upper trendline.

To instigate a trending strategy, you must beginning locate an asset that has been trading either a bullish or bearish tendency for some fourth dimension. You so demand to draw the trendlines past connecting the series of lower highs for the upper trendline and the lower lows for the lower trendline in the example of a bearish aqueduct, every bit illustrated in the above chart.

In one case y’all observe price testing the upper trendline, and then you should interruption until the current candlestick completely forms so that yous tin can verify that it closes beneath this level. If it does, and then initiate a new PUT option using the USD/CHF every bit its underlying asset with the 1 infinitesimal death time. Envisage that your wager is $5,000 and the payout ratio is 75%. The four successful trades identified on the above nautical chart would have netted y’all a staggering $46,890 in only over ii hours if you reinvested your profits each fourth dimension. Now, yous can begin to understand why and so many traders are raving about sixty-2nd binary options.

3. Breakout Strategy

A favorite 60 seconds strategy is trading breakouts since they are easy to find and can generate impressive returns. The key idea of this method is that, if the cost of an asset has been oscillating for some extensive time inside a restricted range, then when it does attain enough momentum to break out it frequently travels in its chosen management for some considerable fourth dimension.

Your initial pace in implementing this technique is to place an asset pair that has been fluctuating within a confined range for an extensive fourth dimension period. As such, you are searching for a side-manner trading pattern that is clearly delineated by a bottom and top, as demonstrated on the to a higher place AUD/USD 60 seconds charting diagram. Very often, the price volition bounce against its floor and ceiling numerous times before finally breaking free, as illustrated again in the to a higher place figure. A sustained breakout should afterward be assessed as a strong recommendation to initiate a new trade.

Equally the diagram in a higher place shows, price does attain a clear breakout below its support or flooring. Y’all are at present recommended to expect until the electric current 60 seconds candlestick is fully formed and then that you can confirm that its closing value is undeniably below the bottom level of the previous trading range. This verification will provide you with some protection against a faux signal.

Subsequently accomplishing this objective, y’all should at present open a new ‘PUT’ binary option based on the AUD/USD with a lx seconds expiry period. Every bit this form of trading is definitely dynamic, do non risk in excess of 2% of your equity per position. If your disinterestedness is $10,000, then your bet should exist just $200. Your opening price is 1.0385; your payout ratio is 80% and your refund is 5%. After the one-minute expiry time elapses, the AUDUSD stands at one.0375; you are “in-the-coin” and collect $160.