EUR/USD Forex Binary Options: Limitations in Identifing Entry Signals When Using Fibonacci Levels

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EUR/USD Forex Binary Options: Limitations in Identifing Entry Signals When Using Fibonacci Levels

Posted on by John Thiel

A lot of technical traders use Fibonacci Levels to trade Forex binary options (a.k.a currency pairs). However, most don’t really understand how it works and how to select the best trading software and platform. Needless to say, the strategies that can be utilized in order to identify the correct entry and reversal signals are all dependent on your understanding of the markets and the tools you are using. If you have any doubts, it’s best to inquire because it can get really dicey out there if you don’t know exactly what you are doing. The Limitations of Using Fibonacci  Using …

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Top Undervalued Stock Ripe for the Picking: Analysis for Experienced Binary Options Traders

Posted on by John Thiel

What is an undervalued stock and how do you identify it without falling into traps? Well, before anything a solid dose of common sense is always useful, particularly when it comes to high risk high reward financial instruments such as binary (all or nothing) options. The first stock is Telefonica (TEF.MC). Taking a look at the chart below its clear to see that the downtrend formation (Red Line) after indicator confirmation has reached the 9.5 mark (see red triangle). Since we are looking at a 6 month snapshot I would say that the dark cloud cover followed by a dark …

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