How to Make a Smooth Transition from Forex to Binary Options

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How to Make a Smooth Transition from Forex to Binary Options

Posted on by John Thiel

If you are an experienced Forex trader and feel it’s about time to make a transition to binary options, you are not alone. Binary options have become increasingly popular not just because of their diverse offering, but also because of the simplicity and the amazingly high returns on investment. Furthermore, Forex traders (particularly experienced ones) have an advantage since they already possess most of the knowledge required and should have no difficulties starting to execute successful trades right from the start. Some Similarities If you have access to trading software and can perform candlestick analysis on Meta Trader 4 or …

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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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Dr. EUR and Mr. USD: When Strategy Faces Reality in Binary Options Trading

Posted on by John Thiel

If 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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