Trading Forex and Binary Options with BreakOut Techniques



In this article we will share forex trading tutorials and binary options with breakout techniques.

The strategy that we will use is very simple but if implemented properly it is very able to get profit consistently.

Not a few traders who argue that most indicators move slowly so the signal shown is often too late.

Therefore on this occasion we will share trading tutorials without using indicators. But even though this tutorial is explained without an indicator, you can still combine with your favorite trading indicator.
In general, price movements are divided into 3, namely
  1. Downtrend trend
  2. Sideways movement
  3. Uptrend trend
For a breakout strategy without indicators, we will use the trendline and horizontal lines. To read the signal, it will be adjusted to the condition of the current trend of the trend.

Because there are 3 types of trend movements, the trading tutorial will be divided into 3.

Following are forex trading strategies and binary options using the BreakOut technique:


1. BreakOut Strategy When Movement Declines (Downtrend)

when there is a downward movement, we attach the trend line to the cusp and point of the valley.

Its function is to show the signal of the next trend movement through the breakout of the trend line.

After one of the trend lines is broken, there is a possibility that price movements will reverse direction or continue the direction.

First, we attach the trend line to the cusp and point of the valley. Next wait for the moment when the candlestick movement penetrates one of the trendline lines.

Do Open CALL or BUY Position:
  • When the movement of candlesticks penetrates the upper trendline line
  • Make sure the candlestick closes above the trendline line
  • Important: wait for the formation of 1 or 2 bullish candlesticks above the trendline (to anticipate the movement not going up
And to find the trading signal open the position decreases or PUT / SELL, also the same is to wait for the moment of breakout.


Do Open PUT or SELL Position:
  • When the movement of candlesticks penetrates the bottom trendline line
  • Make sure the candlestick closes below the trendline line
  • Important: wait for the formation of 1 or 2 bearish candlesticks below the trendline (to anticipate the movement does not go down).
2. BreakOut Strategy When Sideways

Sideways movement is usually a consolidation movement which after the consolidation period ends there will be a trend trend either up trend or down trend.

So that when there will be the beginning of the movement of this trend can be used to open open positions. The same way is to install two horizontal lines that refer to the vertex and point of the valley.

Do Open CALL or BUY Position:
  • When the candlestick moves through the upper line
  • Make sure the candlestick is closed above the horizontal line (above)
  • Important: wait for the formation of 1 or 2 bullish candlesticks above the line (to anticipate the movement not going up).
Do Open PUT or SELL Position:
  • When the candlestick moves through the bottom line
  • Make sure the candlestick is closed below the horizontal line (bottom)
  • Important: wait for the formation of 1 or 2 bearish candlesticks below the line (to anticipate the movement does not go down).
3. BreakOut Strategy When Uptrend

To find a signal whether the next trend movement will reverse (reversal) or even continue the direction (continue)

Do Open CALL or BUY Position:
  • When the movement of candlesticks penetrates the upper trendline line
  • Make sure the candlestick closes above the trendline line
  • Important: wait for the formation of 1 or 2 bullish candlesticks above the trendline (to anticipate the movement not going up).
Do Open PUT or SELL Position:
  • When the movement of candlesticks penetrates the bottom trendline line
  • Make sure the candlestick closes below the trendline line
  • Important: wait for the formation of 1 or 2 bearish candlesticks below the trendline (to anticipate the movement does not go down).
Tips:
  • For trading binary options with 1 minute expiration time, you can use a 15 second candlestick time interval.
  • For binaries with an expiration time of 3 minutes, you can use 1 minute time intervals
  • It is very important to minimize false signals from frequent breakout strategies

called FalseOut or Fake Out. That is by waiting for 1 or 2 candlesticks to form after passing the trendline line (as written on each rule to open the above position).

Well, it's very simple and already isn't it? Basically, in analyzing or predicting the direction of price movements there are only two, namely whether the movement will continue the previous trend or will reverse the previous trend.

So we can find out the open position to be taken. Be sure to take a position based on trading analysis, don't just use filling.

Hopefully this article can provide benefits for those of you who are eager to learn forex trading and binary options and profit greetings.


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