Price Action Trading For Binary Options in IQ Option or Olymp Trade or Binomo - #binarypriceaction

 A binary option is a form of short-term trading strategy of day-traders on trading platforms like IQ Option, Olymp Trade, Pocket Option, or Binomo. The trades are executed by either selecting a 'Call' or 'Put' Option from a strike price. 'Call' or ' Buy' is an option selected when the trader analyses the price of a stock/ forex that will be above the strike price for a short time. Expiry of trade could be for a minute or even a day.  'Put' or 'Sell' is an option selected when the trader analyses the price of a stock/ forex that will be below the strike price for a short time. Expiry of trade could be for a minute or even a day.  Profit and Loss criteria The profit rate on winning trade in binary options is also fixed (for example 60%, 70%, 99%, etc..) and differs with different binary options brokers. The catch is, if you lose the trade you lose the entire money invested in that particular time on the option. That's why you should

How OTC works?  What are the risks of trading in OTC? and many more questions are answered in this article. What is OTC Market? OTC market is a non-centralized Over Counter forex currency dealer. Their currency exchange rates are posted on weekends on platforms like IQ Option , Olymp Trade, Pocket options, etc... for traders who trade on weekends. Being a price action trader of binary options for 3 years now, I have done a lot of research on the OTC market price action because my observation is, OTC market price movement is very different from the regular forex market. In this article, I will address the most common concerns of traders such as, Why am I not able to make profitable trades in the OTC market when compared to regular forex trading? This is due to the price movement of the OTC market being very different from the regulated weekly forex market. The main reason behind this is that in the regulated forex market traders around the world invest whereas and the number of traders

7 most important things you should consider before taking CALL or PUT in Binary options.  1.Trend Understand what is the overall trend by analyzing major and minor trends. Example: If the price of an asset or currency is going up in the past 30 mins or 1 Hour with retracements, then the major trend is to be considered as a UP trend. The most recent direction such as the last 5 mins or 10 mins is eventually your minor trend. You need not see for 4 hours or 5 hours to consider this if you are going to take the trade with a few mins expiry such as 1,2,3,4,5 mins. In case you are going to take trade for the whole day, then maybe you require to take analyze at least a week's chart before placing your trade. Detailed video for you on how to observe trends in Binary options trading. 2. Support and Resistance💪 Support and resistance are misunderstood mostly as horizontal lines but it is not exactly horizontal lines. It is horizontal plus the trend lines that you draw on the chart. support

 As the words suggest Price[space]Action, the term has to be broken down to understand the definition practically. In simple words, Definition of Price: is the value of a stock or currency or asset at the moment. Just like today's gold, silver, or USD value with respect to any other currency. Definition of Action: is the movement of this price to a higher or lower value depending on supply or demand (in terms of stock) or increase or decrease in the economy (in terms of currency). The term 'price action' also includes a factor of time which basically is not visible by name but has to be considered to predict the direction of the price. That's why price action is the movement of an asset's price to a higher or lower direction within a given time period. The time period could be 1 Sec to 1 Year. While you read these lines, the price in a live chart under a 1-sec time frame would have moved up and down 20 or 30 times. Yes, this is how fast price moves when you see it

  Trendlines are the best tool to understand trends that many of the traders know but there is a lot more than that. Trendlines not only shows the current direction of trends but also, Helps beginners to predict the future direction. Helps traders to identify buyers and sellers areas Assists traders in judging the candlestick pattern when its forms at the buyer's or seller's area. In binary options trading, considering using trendlines is very important for beginners to understand the trend and predict the next candlestick. Binary options are the riskiest form of trading, but if you see it the other way, Binary options in platforms like IQ option and Olymp trade have their rewards with profits going up to 100% of your investment.  That's why it is very important for beginners and less experienced traders to use trendlines. You might encounter a problem where most of the time candlestick patterns don't work, and you doubt whether the patterns are manipulated? The answer

  As Covid-19 Pandemic continues in our lives, the time has come to reconsider if a passive income is required. Many accepted that passive income is no more an optional part of life, it becomes mandatory to make extra money. Doing what you are an expert at: Under these circumstances, most of us might be looking to make extra money for a living from things that we are experts at. But eventually, any passive income strategy which requires huge investment may not work for many. Also, if you are already working from 9-5 or 8-6 then you are done for the day. After your work, there is not much time for you to spend productive time working to grow your passive income. That's why an idea which requires more time to make money or energy, it is surely not possible for a working person to do after daily's working hours. So, this leads to the question of how much time daily you have to make your passive income? Ecommerce Website, selling things " earn while you sleep?"- True, but