BINARY OPTIONS SECRETS

I will review some of the tips that a binary options trader should know . Binary Options trading NO RESULT IS GUARANTEED -but a trader should know some of the secrets behind successful binary options trading .A trader should not only depend on luck. The secrets are the results of the binary market analysis which can branch into three broad categories,I am only highlighting the essential elements that a binary options trader should know to be successful.The categories are :fundamental analysis,technical analysis and sentimental analysis.

Technical analysis  

Under technical analysis, you should be aware of the following :resistance and supports ,charts and moving averages.A support level is a line on a price graph technical analysts expect the price of the asset to bounce back after a decline.A resistance level is a line on the price graph at which technical analysts expect the price of the asset to fall after a rise.The importance of these lines is a simple way to start with in binary options trading.Placing a CALL(UP) option when the price hits a support level and a  PUT (DOWN)option as it approaches resistance -but trading in this way requires a trader to always be on the ball (always watch the movement of the graph),be patient enough until these levels are reached.

You can also analyse the chart ,analyse how the price is moving ,this base on the assumption that the pattern will repeat  itself with time ,make trades as appropriate.

Moving averages are also an important tool in making your trades ,if you can not calculate moving averages ,you can search the short term and long term moving averages for the underlying asset for the day on the internet and make your trades .The following basics can give you important signals (predictions of the asset's price movements)-when a short term moving average crosses above a long term moving average ,it shows that the price of the underlying asset may go up-put a CALL option.When short term moving average crosses below a long term moving average ,the price of the underlying asset may go down - place a PUT option.

Fundamental analysis

You can also make use of market news and geopolitical news .This can help you to trade , for example when xenophobia took place in South Africa ,this negatively affected the South African Rand for the period,the South African Rand became weak compared to other currencies -news helps a trader in making trades 

Sentimental analysis 

This involves gauging how traders feel about the asset .If for that time traders feel positive about the asset ,the you know that there will be high demand for that asset and the reverse is also true.

These are some guidelines to make you a better trader but is not a guarantee for success 

HAPPY TRADING