A lot of you might think that in order to brand money in binary options, you lot need to be a master a i or even more technical indicators. However, talking from experience, the simpler is ever the better. In fact, you lot can make coin without using technical indicators. No set ups, no calculation, no whatsoever! If you are wondering how to commencement binary options trading, you lot will have to read this!

This strategy is based on candlestick charts. Beginning, let'southward get the nautical chart timeframe and option period right.

  • Chart Fourth dimension frame: one minute
  • Option Period: 1 minute

That'due south information technology, that's all the setup you need to practise before making money. In this strategy, you lot don't need to worry about the price action, all y'all demand to do is to pay attention to the 3 consecutive candles pattern.

Where does this strategy come from? This is really similar to a money toss. The hazard of heads and tails is 50/50. However the probability of the second toss to have the same result will drop to 25%. Furthermore, you might only have effectually 12.5% chances for you to have the same effect three times in a row.

Therefore apply the rules for coin toss to binary options trading, if you see a 3 consecutive candles pattern with the same colour, chances that the same colour candle comes out at the fourth candle is significantly low. That's why yous should place a trade on the opposite color when you see a 3 sequent candles pattern.

When to place trades: If you lot have a 3 consecutive white candles, timing for you to place trade is at the open of the quaternary candle. Yes, place a HIGH option at the fourth candle if yous a 3 consecutive white candles.

On the other paw, if you take a 3 consecutive green candles, timing for you to place trade is at the open of the 4th candle. Aye, place a Depression selection at the fourth candle if you a 3 consecutive green candles.

What if your prediction goes wrong? Apply martingale and place the same option for the fifth candle stick with triple amount of the previous investment. See Here if you non familiar with martingale strategy.

Alright, I used this method to make few trades this morning, as you can see I lost two of them only still managed to have a positive upshot of $100. I wouldn't say this is the all-time strategy I have, but if y'all don't know much in binary options trading, this is something yous should start with and it is surely a profitable method.