Best Binary Options Trading Strategies For Beginners | Moving Average Strategy
In binary options trading excessive "complexity" is one of the common occurrences. However, traders who are already professionals they have known all the best technical tools have been found, and you just need to learn how to use them properly. A simple moving average is one of the universal tools used in manual and automated trading, including vfxAlert signals, X-signals, and so on.
For that on this occasion, We will share the best binary options trading methods for beginners, namely the average movement strategy. This method has the characteristics of a trend-type approach. You can use timeframes in the M1-D1 range, you need to know that in this method, the longer the period used, the more reliable the signal will be.
Then for its trading asset, you are free in choosing all currency pairs. Its main requirement is that the spread is fixed (2-3 points) and there are no hidden fees. The most stable results in this case show for the markets EUR/USD, GBP/USD, NZD/USD, and AUD/USD. For its trading time are all Forex trading sessions. Choose a premium percentage of not less than 70-75%.
Indicators
- SMA: 3
- SMA: 5
- SMA: 8
What is the signal to open a CALL position?
What is the signal to open a PUT position?
Recommendations for use:
- It is recommended to receive additional confirmation from oscillators, for example, RSI, CCI, Stochastic, or vfxAlert Signal services, which correctly take into account the appearance of overbought/oversold situations and volatility dynamics.
- The optimal expiration time of the option for this strategy is 5-7 minutes, but other values can be chosen depending on the dynamics of the asset.
- Periods of strong fundamental news are highly recommended for binary traders to skip because without a clear understanding of the direction, opening options are very dangerous.
- Conduct a comprehensive market analysis
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