Binary option club prediction trading tips and strategies my!
Several put options almost set up on the 1. I best options traders to follow intended to take a put option at this level on the 3: I felt this was a safer move as just half-a-pip can be crucial in determining whether a second trade is won or lost. On the other hand, in that same span, he might hit.
But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice. Continue to consider price action e. It turned out to be a winner.
I had intended to take a put option at this level on the 3: I took a call option on the re-touch of 1. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. Price was holding pretty well at 1. This was another good four-pip winner.
Find support and resistance levels in the market where short-term bounces can be had. I decided to take a put option at the touch of 1. Similar to the first trade I took a put option on the re-touch of 1.
On the first re-touch of 1. But by simply watching the candle it seemed that price was apt to fall a bit. Put option back up at the 1. Similar to 12, I used 1.
However, the minute after this trade expired in-the-money, the market broke below 1. I took a put option on the touch of the level. This time, I used 1. After that I was waiting for price to come up and see if 1.
Nevertheless, this trade did not win as price continued to climb back into its previous trading range. Price formed a newer low at 1. But price busted through and this trade lost. For put options at this point, I had an eye toward 1. For this trade, the high of day initially made on the 2:
Find support and resistance levels in the market where short-term bounces can be had. After that I was waiting for price to come up and see if 1. Call option down at 1. 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.
This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward. Continue to consider price action e. This trade was a put option at 1.