Fibonacci Trading Strategy for Binary Options

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Trading Binaries with the Fibonacci Tool

A Sure-fire Way of Trading Binaries with the Fibonacci Tool

In my experience dealing with retail traders, I have come to discover that the Fibonacci retracement tool is one of those lesser used technical indicators in market analysis. Mention the MACD or moving average indicators and traders will immediately brighten up with recognition. But talk about Fibonacci and everyone just draws blank.

Retracements are a normal part of trading. They occur all the time and a trader needs to know how to use retracements to his advantage. This is what the Fibonacci retracement tool does for you. The tool plots five horizontal lines on the charts which correspond to 5 possible areas to which prices may retrace, with the distances expressed in terms of percentage of the original move:

Prices can retrace to any of these points. So how would you use the retracement tool to trade binary options?

If I were to trade binary options using retracement, this is what I would do:

1) I would select a strongly trending financial instrument, such as gold, EURJPY, GBPJPY or EURUSD.

2) I would select a time frame that will confirm that what is playing out in the market is actually a retracement and not something else. I would therefore choose the Daily chart.

3) I would purchase a “Touch” option in the Touch/No Touch trade type as my preferred trading option, picking a point between current prices and the 23.6% retracement point.

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Trade Technique

Take a look at the Daily chart for the EURUSD. Note that by selecting this chart, I have already fulfilled my first two trade conditions. It is a daily chart, showing me when a retracement is actually occurring, and the EURUSD trends well, being the most actively traded currency pair in the market.

I am now looking for how to fulfil my third condition, which is actually my trade objective. I want to pick a strike price at a point along the course of the price retracement, between the market price and the 23.6% Fibo level. To do this successfully, I must be sure that a retracement is actually in progress. How do I confirm this?

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Look at the area where a blue arrow points to “drag Fibo tool here” on the left side of the chart. The bullish momentum of the EURUSD has actually been checkmated by the formation of a reversal candlestick pattern, a bearish harami. An expanded version of that point is shown below:

Occurring at the peak of a bullish momentum is a clear reversal signal. The retracement followed soon after, and went all the way to the 50% retracement point.

Trading binary options is not rocket science. It just takes a trader knowing what to do and when to do it. But it also requires that the trader must be quite knowledgeable about topics such as candlesticks, chart patterns, etc. A trader has to be thoroughly at home with the candlestick patterns. If there is any topic in the financial markets that deserves attention, this is it. With candlesticks, you can determine price direction easily, and then add other tools to increase the success rate of your trade calls.

FIBONACCI AND TRENDLINES STRATEGY

Fibonacci levels and trendlines are manually drawn indicators and both help us define fixed support and resistance levels on the technical chart. Additional indicator, such as Stochastic, will give information about relative oversold and overbought zones. Learn how to use these levels for your profit.

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Fibonacci Strategy Outline

Presented strategy is suitable for intermediate and advanced traders, since it requires some knowledge of price action to be able to produce consistent winning results. Once it is practiced and mastered, it can be turned into one of the strongest trading strategies for binary options.

Strategy it is built for currencies trading (Forex) and can be applied to any currency pair and any timeframe.

The analysis is done manually with aid of some indicators, but mainly uses Fibonacci extension and retracement levels and trendlines in combination with oscillators (such as Stochastic).

The main highlight of this strategy is that it can be used in any type of market and a trader can always find good trade entry positions.

Binary Options Strategy with Fibonacci, Trend Lines and Stochastic

This trading strategy offers a lot of flexibility and personalized approach, since each trader would use Fibonacci tool to measure different trends, but no matter which trend is measured the Fibonacci levels will always act as support and resistance levels.

Using the absolute Fibonacci support and resistance levels of 50, 127 and 161.8, measured with Fibonacci tool in combination with stochastic relative overbought (above 80) and oversold (below 20) zones will give a trader information about possible levels where short and long term reversals can be expected.

Medium or strong trading market is perfect for this type of trading, especially if Fibonacci extension levels are traded (127 and 161,8 or even 261,8). However if the market is in a range, any of Fibonacci retracement levels can be traded as well (23.6, 38.2, 50, 61.8 and 100; 50 retracement level being in most cases the most valid as the resistance level).

Additional confirmation can be done with trendlines and pullbacks are traded only when a candle crosses and closes above or below the trendline.

Entry is made in the direction against the market trend (reversal or pullback).

When trading on 1 minute or 5 minute charts, expiry time of 5 to 10 minutes is advised.

On the Fibonacci level 127 a reversal is usually shorter (5 minutes), but if the price breaks the level 161.8 a longer reversal can be expected and longer expiry time can be selected (10 minutes).

The trade should be placed only after the price breaks our traded Fibonacci level and the full candle closes above or below our traded level. If at the same time the price is crossing some of trend line support and resistance levels, this gives additional confirmation about possible reversal.

A bit of practice is required to recognize some price patterns to be able to find most profitable trades. However, as explained before, mastering this type of trading will allow the trader to trade in any market.

Ким сигналы с Фибоначчи Forex Бинарные опционы Торговая стратегия

Сигналы с Ким Фибоначчи является торговой разворот системы, которая основана на двух показателей, сигнал Ким, и шарниры Фибоначчи. Временные рамки используются для этого метода является то, 5 минут с момента истечения срока действия 12 свечи. Это применимо к любым финансовым рынкам. Эта стратегия хорошо работает в боковом рынке.

Индикаторы Metatrader:

  • сигналы Kim
  • Bobokus фибо.

вызов входа:

  1. Цена находится ниже уровня S1 Фибоначчи.
  2. Enter, когда появится стрелка купить.

Помещенный запись:

  1. Цена находится выше уровня R1 Фибоначчи.
  2. Enter, когда появится стрелка продать.


Инструкции по установке бинарных опционов торговых стратегий

Ким сигналы с Фибоначчи Forex Бинарные опционы Торговая стратегия представляет собой сочетание Metatrader 4 (MT4) индикатор(s) и шаблон.

Суть этого двоичного варианта торговой стратегии заключается в том, чтобы преобразовать накопленные данные истории и торговые сигналы.

Ким сигналы с Фибоначчи Forex Бинарные опционы Торговая стратегия дает возможность выявить различные особенности и закономерности в динамике цен, которые не видны невооруженным глазом.

На основании этой информации, трейдеры могут предполагать дальнейшее движение цены и регулировать эту стратегию соответственно.

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