Dr. EUR and Mr. USD: When Strategy Faces Reality in Binary Options Trading
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Dr. EUR and Mr. USD: When Strategy Faces Reality in Binary Options Trading
April 9, 2013If you have traded forex binary options before, you should already know that EUR/USD currency pairs can be an extremely fickle and unpredictable financial instrument. Still, the profit margins on contracts expiring in the money are immensely high, and that is what makes pair trading so attractive to investors. Let’s assume for all intents and purposes that you have formulated an effective trading strategy using an effective Fibonacci-based resistance line signaling model and you have your finger on the pulse of the financial news. Now, if you are an experienced trader you should know that if you start losing trades …
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