Binary options trading tips by 70 Trades India: Beginner traders or those who are still wondering whether they should go on that path often ask themselves if Forex trading is easy or difficult to learn. We will try to answer that question by further explaining several aspects you need to keep in mind before embarking on that financial journey. Keep in mind, though, that Forex is not necessarily a place for everyone. There are several big concepts you need to check out before making the decision whether Forex trading is difficult or easy for you.
Counter-trending strategy for binary options: Trading on classical trends is beneficial only with a strong and sufficiently long movement, and the boundaries of the price corridor should be close to each other. Such narrow corridors are rarely found in the real market and a different approach is needed. Most of the time price is trending in a fairly wide price range, do not miss such movements. Additionally, the strategy against the trend can give a profit and in a broad flat. Special requirements are imposed on the construction of a price channel, and it does not have to be parallel (for example, when forming a graphic figure of the Converging Triangle). Transactions are opened both when they break away from the borders, and from the middle of the channel in both directions, but the priority trend (if it is available) must also be controlled.
The profitability of forex arbitrage directly depends on the speed of connection with the supplier of quotations and the broker’s trading terminal. The smaller the ping, the better all the performance indicators of the adviser. As a result of long testing of all suppliers of quotations, we identified the optimal ratio of the speed of the supplier of quotes, the VPS server where the arbitration system is installed and the broker server locations. Suppliers of quotations number one for trading on brokers whose servers are located in America include RITHMIC, CQG, CTS T4, Interactive Brokers. These providers receive data directly from the exchanges, providing instant data retrieval speed. Suppliers of quotations number one for trading on brokers whose servers are located in Europe include LMAX, Gain Futures OEC, Saxo Bank, IQ Feed. These providers receive aggregated quotes from global banks and brokers, providing instant data acquisition speed.
You know, I really like to trade with the 70 Trade. It’s all about the care of the staff of the company to my person. No, do not think, my deposit is not large, only$ 3000. But I get help always when needed. Sometimes, however, you need to wait for a little while the support answers, maybe up to an hour. But they always answer. They always help and often just call themselves to inquire about my affairs, wishes or objections. In general, everything is great with the broker. Always nice when they are interested in your trading affairs. Not that just your deposit and they forget about you. It is not so in the 70 Trade. See extra details at 70 Trades India: my opinion.
For professional traders, there is nothing new, and for beginners, we pay attention to the use of such signals (as in trend strategy) only on a strong trend and timeframes from M15. On a sideways (flat) movement, most signals become false: the PSAR begins to change position quickly and it is difficult to calculate the expiration correctly, the RSI “sticks” in its extreme zones. If you need scalping and M1, choose the following binary options strategy from vfxAlert.
FOREX is a dangerous activity and you should learn the basics yourself before starting. How to become a successful part-time Forex trader when you are afraid of the missed opportunities to buy and sell considering how fluid and dynamic the Forex market is? How to trade sporadically throughout a small portion of the day or night and still be able to make a profit on the side? You see, you don’t have to be in front of the charts all day long in order to be a successful trader and enjoy Forex for living. In fact, not being in front of the charts round the clock can be a huge advantage for you! Let’s find out more!