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

 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