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

  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

Answer: Firstly, relating the retracements concept with the help of real-life definition is key to understanding retracements. Definition of Retracements with real-life know definition:    In real life Price Action,  Retracements should be compared with Newton's third law of motion that is "For every action, there is an equal and opposite reaction".     Similarly, retracements in Forex or stocks trading are the same where buyers from the  buyer's  area take action and sellers from the  seller's  area react and vice versa. The thing we should note here is whether the reaction is equally opposite or not.   Now if sellers in those areas are weak then their reaction is not equal and the major trend continues. I.e.  Buyers again react to sellers' actions. This continues until the reaction of one side (Buyers or Sellers) becomes equal and then starts dominating. This is what we also know as Momentum Shift.   Momentum and Trend are the most influencing factors in tr