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

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

 Answer: Yes, will be the answer if you ask in one word. If you want to know how to do that then this post and the linked youtube video explain  to you in detail.  Softwares to being installed for loading MT4 or MT5 indicators on IQ option OTC market: 1. IQ option Platform 2. MT4 or MT5 Platform (anyone) 3. MT2 Trading application which is also a trading bot but we are not going to use it as a bot here. Instead, we will use it to copy the IQ option OTC price action candlesticks into MT4 or MT5 Platform. Procedure to copy the IQ option OTC market candlesticks to MT4 or MT5 platform and load the indicator: Once you have installed all the above mention software in your system. You should then follow the instructions as per this video .  Points to note: Make sure you do not close the MT2 trading service application while the candlesticks are being copied from the IQ option to MT4 or MT5 platforms. All three applications i.e. IQ option OTC market, MT4 or MT5 platform, and MT2 Trading platf

 Answer: Yes, Price action trading for Binary options is a YouTube channel that has a complete free course on how to trade with price action and pure candlesticks. The channel also provides videos on some strategies for indicator traders. The basic course videos cover all major topics on how to trade with price action and pure candlesticks in IQ Option such as, Basics of  Price action with live real trade-in Iq Option Price action Concepts for beginners Understanding Trends and actual rule of SMA  Concept of SNR and how to select best strong SNR points for your trading  Candlestick patterns and when they actually work as explained in books Real trades on how to predict the next candlestick in IQ Option Understanding Price Momentum and Price Movement How to use volume analysis in binary option for next candlestick prediction Money management trick with minimal investment and maximum profit Followed by real trades on how to predict the next candle videos that will help you to understan

  Understanding Support and Resistance is one of the most important concepts of price action. Support and Resistance are the areas that actually turn or hold the market in any of the directions such as UP or DOWN. In short, Support is the area where buyers buy the asset, forex, stock, or commodity, and Resistance in the area, where sellers sell the same assets. A common mistake that most of the new traders do is they think and see support and resistance as points or lines. That's not at all true. Forget that concept. SNR is NOT a point or line but an  AREAS. Having said that, we should understand that buyers and sellers are present in all parts of the chart, that's the reason why the price keeps moving down or up every moment. Generally speaking, these are all support and resistance points. However, these are not areas that have the volume of strong buyers or strong sellers. We can find the clear Buyers and Sellers are in the chart where price exactly reverses in up direction