15 Minute Binary Options Strategy
It is not always easy to find a trading style or strategy which works for you. In fact, for most traders the right approach is unique to them simply because everyone has different risk factors. The ultimate aim is to find a trading method which works with the least amount of analysis and chart reading possible. The 15 minute binary options strategy is one such tactic; you will only need to use two indicators and can be established in no time!
The Importance of an Accurate Charting Page for 15 Minute Binary Options Strategy
It is common for this part of the process to be skimped on. In particular this is done by people desperate to start trading and generating a profit. However, as with almost anything in life; preparation is the key to success. It is essential for the success of the 15 minute binary options strategy to get the charting information set up properly.
There are many free stocking charts available and they should all do the same job; simply choose the software you are most comfortable with. The first thing to do once you have implemented a chart software system onto your computer is to access the settings and adjust them to fifteen minute trades. Then it is necessary to add the Moving Linear regression Indicator to your chart; this should be within your options list. The second indicator required for the 15 minute binary options strategy is the moving averages. This can be found in the same location and added to your charts. It is also important to change the setting of the indicator. Instead of being set o fifty, it should be changed to ten and saved. It is then time to start trading!
Applying the 15 Minute Binary Options Strategy
This approach works best when you use it with the most popular currency pairs; ideally those which display low volatility. It is also effective with high volume stocks such as Apple or Google. Volatility is simply the movement in price of an asset or the market. High volatility means the price will move substantially in both directions during a short period of time. This means that even when the market is fluctuating very slightly, a high volatility asset is likely to change price rapidly. Low volatility means it takes much bigger market movements to make the asset price move. Currency pairs which are generally low volatility include the US dollar versus the Euro or the New Zealand Dollar against the US one. Choosing the right asset is the first step in getting a positive result from your 15 minute binary options strategy.
Your chart will have two lines on it; on is the moving averages whilst the other is the linear regression; also a moving indicator. It is time to place a trade when these two lines cross on the chart. The direction of your will be decided by the way in which the lines are moving. They need to be moving in opposite directions however, you must trade based on the moving averages. If this line cross the other whilst going up the chart then it is time to place a call option; the price will be rising. As this is a 15 minute binary options strategy then your trade should be placed for this time frame!
It should not take long to add these items to an analysis chart; it is also very easy to do. This will then allow you to start trading and generally provides a high level of returns. The fact that it is simple means that anyone can successfully trade this way!