Novice 10 Minute Binary Options Strategy – The Official Michael Freeman Website

Our own experience has taught us the difficulty with set-ups, particularly when you are a novice in binary options trading or have just a couple of months of knowledge in the same. This is why we are offering you a simple but extremely precise minute strategy in binary options trading.

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One of its primary benefits is the fact that it needs using only 2 indicators — both of which are actually similar in form, a simple moving average. Moving averages refer to a category of indicators which symbolize the average cost of an asset for a specific time span. For instance, the time frame for which moving averages can be specified are referred to as periods — which are nothing but a specific time span. Naturally, having an indicator set for a period of 10 will show the average cost of the asset over the last 10 days.

Having a period of three will display the average cost of the asset over the last 3 days. Moving averages are of 3 kinds — Simple, Exponential and Front Weighted. In this strategy, we use simple moving average and both of these are fixed at periods of three and ten.

Fixing this strategy is about as basic as trading with the help of this strategy. We personally like to use www. As this is a minute trading strategy, we wish to ensure that the period is fixed at 10 minutes only. We only wish to implement the strategy on currency pairs.

The strategy can be implemented with any currency pair and we wish to use the strategy at the time of New York trading session. All the trades that are conducted expire within a time frame of 5 to 10 minutes.

The picture given below will show you an instance of the way that this trading strategy would appear. You can find we are using a single currency pair, the proper time frame and 2 moving averages. We have set our simple moving average line at a period of 3.

This acts as our signal line, at any time that the line crosses with the other moving average line. We do a trade in the direction of the yellow line.

If the yellow line crosses the blue line upwards, we can put a CALL trade for 5 to 10 minutes and do vice-versa for the contrary direction.

You can check that out of our 9 trades, 7 were successful.

This is a strategy that we have designed personally mainly for inexperienced traders. However, even experienced traders can use it. If you feel like ask anything to us, leave your questions posted below. We will try our best to answer your queries.

Best of luck and happy trading! More strategies coming soon……. Hi there, fantastic tips!

Binary Options Trading Strategies | 60 Second Trader

Thank you Just one question: Or did you draw those yourself? Ah thanks mate Another question regarding your strategy; do you put or call as soon as it has crossed or after the candlestick has finished or on the beginning of the next one? And if you do start on the next one, do you wait 5 mins before you bid so it closes as the candlestick is completed? Hi, I see you have a SMA line with period 3.

What is the other Moving Average line and its settings please? I want to know how to set up currencies instead of stocks.

Hi, here is a tutorial video of how to use FreestockCharts. I hope it helps: Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email.

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