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1 24Option Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5 $ 250,00 Read Review Visit Site
2 StockPair Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5 $ 200,00 Read Review Visit Site
3 Traderush Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200,00 Read Review Visit Site
4 Goptions Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200,00 Read Review Visit Site
5 OptionFair Rating: 4Rating: 4Rating: 4Rating: 4 $ 250,00 Read Review Visit Site
6 Banc De Binary Rating: 4Rating: 4Rating: 4Rating: 4 $ 250,00 Read Review Visit Site
7 AnyOption Rating: 4Rating: 4Rating: 4Rating: 4 $ 200,00 Read Review Visit Site
8 ZoneOptions Rating: 4Rating: 4Rating: 4Rating: 4 $ 250,00 Read Review Visit Site
9 GlobalTrader365 Rating: 4Rating: 4Rating: 4Rating: 4 $ 200,00 Read Review Visit Site
10 OptionBit Rating: 4Rating: 4Rating: 4Rating: 4 $ 100,00 Read Review Visit Site
11 CitiTrader Rating: 4Rating: 4Rating: 4Rating: 4 $ 300,00 Read Review Visit Site
12 EZBinary Rating: 4Rating: 4Rating: 4Rating: 4 $ 250,00 Read Review Visit Site
13 EZTrader Rating: 4Rating: 4Rating: 4Rating: 4 $ 200,00 Read Review Visit Site
14 GTOptions Rating: 3.5Rating: 3.5Rating: 3.5 $ 200,00 Read Review Visit Site

24Option
Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5
24Option

24Option is one of the first Binary Options Brokers to arrive in 2010. 24Option is regulated and uses TechFinancials Trading Platform, which is considered one of the best trading platform available to date. 24Option has superior payout which’s up to 95%, this’s significantly higher than other Binary Options Brokers which offers payout varying between 71% […]

Min Deposit:
$ 250,00
StockPair
Rating: 5Rating: 5Rating: 5Rating: 5Rating: 5
StockPair

Talking about stockpair.com, we could consider it as the king of stock pairs trading in binary options. Besides regular assets like Forex Pairs, Commodities and Indexes, StockPair also includes the trading of relative strength between 2 stocks. Stockpair is very similar to Forex that we look at the relative strength of two assets and measure […]

Min Deposit:
$ 200,00

Traderush

Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5

TradeRush was found in 2011 but it already looks like a mature Binary Options broker. Traderush has their headquarters in Cyprus, I don’t think there’s a big problem since I’ve always been using broker from Cyprus, so far they’ve treated me nicely. SpotOption is their chosen platform with at least 85 different assets and a […]

Min Deposit:
$ 200,00
Read Review Visit Site
 

Goptions

Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5

Goptions start offering Binary Options trading since 2009. Goptions doesn’t really mark its name at the time they appeared, however recently they have been making a lot of efforts to push themselves to the top of the chain. The brokers provide trading services to client globally with their SpotOption Binary Options platform, offer decent payouts […]

Min Deposit:
$ 200,00
Read Review Visit Site
Latest Posts
Simple Moving Average Strategy For Binary Forex Options
September 30, 2014 2:29 pm|Comments (0)

Today I would like to introduce a strategy, which is one of my main trading systems and I guarantee this is a very easy and potential method to trade in the forex markets. It is named Simple moving average strategy but ridiculously it does not utilize the moving average. Besides, this strategy could also be upgraded with an external version of the simple moving average. Although I prefer the exponential moving average as it has more attractive returns and trading with that method would be undoubtedly easier than the first method, today we would pay our attention only to the simple moving average strategy. In this review, I would use the 30 bar exponential moving average as well as two time frames: 30 minutes and daily, in which the moving average will last for 30 bars.

Why Moving Averages?

If you want to measure the trend and market strength, moving averages would be a great solution as it is able to define the continuous and average prices of an asset over the time. Many adjustments are also available with this strategy, creating the base for further technical analysis. The mechanism of the moving average allows us to track the price movement since it releases a set of date while working on the prices trend. Particularly, the moving average would move up if the prices seem to close higher and conversely move down if the prices seem to close lower. In the other hand, the exponential moving average will help us distinguish the new and old data since it put more weight on the later data and less on the old one, resulting in a more current outcome than the original method which weight all data the same.

Simple Moving Average for Forex Binary Options 01

How this Strategy Works?

The core of this strategy is the 30 days exponential moving average and two time frames. The first time frame is also the longest one and it defines the basic underlying trend that we should follow in this market. The rule is that if the chart indicates that an asset is above the 30 day moving average, it means that trend is bullish. On the contrary, if it lies below the 30 day moving average then it is bearish. However, we must take this flexibly as the price would rely on other factors such as the long term trend, support or resistance… For example, you should be more careful if the prices has exceeded the 30 day moving average for many weeks and is on its way reaching the long-term resistance than the situation where it just moves above the resistance and crosses the 30 day average but with confirmation.

You have to be sure about the presence of the underlying trend as well as whether it is close to a proper turning point, then we might move to the charts with 30 minute bars. I commonly takes about 10 days to have an overview about the price range currently and in the past few days alongside with any support or resistant. If the daily charts were bullish then a bullish confirmation is also required.

Simple Moving Average for Forex Binary Options 02

It is the signals when the price rise back or return from the 30 bar EMA on your 30-minute chart. In reality, there are days when you receive many signals and also there are days when you get none, and this process might take hours so the winner is one who could wait until the end and remember to check their daily chart regularly before started trading. The normal expiration period would last from 1-4 hours, but if the asset is about to reach a possible turning point, that would shorten your expiration. A signal could be interpreted as a buy one, when the asset move and cross the 30EMA bar from below or is above it and then come back. Typically there are a lot of good signals between the first one which is usually the hardest to get and the final which seems not to bring any fortune but loss.

Advantages

The moving average strategy really has positive effects on your business as its operation relies on the technical analysis which is the base of almost every advanced technique and is being used by every trader in the market. It is also suitable for the newcomers and could be take as a starting method to head for promising results in the future. This strategy works really well with 24option!

Simple Balanced Strategy
September 29, 2014 10:31 am|Comments (0)

The Simple Balanced System is a perfect strategy for any newcomer who needs a simple method to begin trading but still has advanced options for more complex business once they get used with the market.

This system is available on http://forex-strategies-revealed.com and have three major kinds of indicators presented as follow: two Exponential Moving Averages (one with a 5 and another with a 10 period), the Stochastic indicator with settings of 14, 3, 3 and the Relative Strength Index (RSI) with setting of 14. As we already talked about the Exponential Moving Averageindicator in another article, this review will only focus on the last two unfamiliar indicators, the Relative Strength Index (RSI) and the Stochastic indicator

Relative Strength Index (RSI) is not only a pioneering indicator, but it is also a precise oscillator and well, those two roles are closely connected to each other. The main function of RSI as an oscillator is to move between 0 and 100. Its normal range obviously never exceed above 100 or below 0. In fact, this index will run from 30 to 70, which is also the most important range. This function has significant effect on the role of RSI as a pioneering indicator since it empowers RSI to sense the price reversals even before it occurs.

For instance, if the RSI is above the 70 level, it means that currency pair is overbought and the price might go down soon. On the other hand, if RSI stands at 30 or lower, it is the signal that the pair is oversold and its price would go up. The mechanism behind this movement is still unknown but it does not matter as long as we understand comprehensively how to make money from it.

Stochastic and Relative Strength Index share some characteristics in common, they are indicator and oscillator at the same time, and both the two have ability to sense Overbought and Oversold conditions. However, there are some basic differences that make them two separate functions. First, as an oscillator, Stochastic also move from 0 to 100, but its exact range to trace the conditions is extended from 20 to 80 which is much larger than the RSI and it has the participation of two different lines which results in another signal: the Stochastic Cross. There are two types of crosses: bearish cross and bullish cross. The first appears when both lines stand above the 80 level but the faster line crosses downward the slower one. On the contrary, a bullish cross appears as both lines are below the 20 level and the faster go upward the slower line. However, these crosses and their signal do not play any role in this strategy so just do not pay much attention to this.

How to use the Simple Balanced System

To begin with, you need to activate all the indicators before trading. Therefore, follow the path on your Meta Trader 4 chart: Insert – Indicators – Oscillators to enable both the Relative Strength Index and the Stochastic. The Exponential Moving Average is activated through another path: Insert – Indicators – Trend – Moving Average and choose Exponential.

More detailed instructions for the utilization of Meta Trader 4 platform are fully provided on my article. So if you don’t have any further question, we should move to a more important part: the entry rules.

Call entry

There are three conditions that must be met the same time before we make a Call entry. The phrase “the same time” means that the appearances of all three elements together are compulsory and before that, we are unable to do anything. Those three conditions are: first, the Stochastic to be up but not in Overbought territory; secondly, the RSI to be above the 50 level (remember to adjust this index since it is not a default setting) and finally, the 5 EMA must cross the 10 EMA upwards. The three things here may not occur at the same time, so be patient and wait until they all occur.

Simple Balanced Strategy 01

Summary and picture for a Call entry:

  1. EMA 5 crosses EMA 10 upwards
  2. RSI is above 50
  3. Stochastic is heading up but it is not in Overbought territory

Put entry

Similar to the call entry, the Put entry also requires the appearance of all three conditions at the same time. Those conditions are presented as follow: Stochastic to be down, but still not in oversold territory, RSI to be below the 50 level (you also need to adjust this as it is not default) and the EMA 5 to cross EMA 10 downwards.

Simple Balanced Strategy 02

Summary and picture for a Put entry:

  1. EMA 5 crosses EMA 10 downwards
  2. RSI is below 50
  3. Stochastic is heading down but it is not in Oversold territory

Disadvantages

If things happen as we expect, there would be no problem at all. The price would move in your foreseen directions. However, in the real markets with real conditions, unexpected events could occurs and intervene the whole process. False signals and inaccurate results also appear due to the instability and the wide range of the periods.

Advantages 

The mechanism of this strategy naturally has positive effects on the outcome of the trade. In particular, this system demands a full combination of three conditions before trading which certainly reduces the possibility of inaccurate signals and misdirection. Moreover, having RSI over the 50 level is the exact confirmation about whether our trade is moving in the expected direction or not. And even in case you are not satisfied with RSI, EMA cross and Stochastic are also valuable indicators that may strengthen your decision. So with three indicators, this system is undoubtedly reliable.

The conclusion

In my opinion, the Simple Balanced System is a good trading strategy for both experts and newcomers. It is very safe and accurate, as its tough rule requires three conditions at the same time to start trading.

Well, as I said before, it is always better to be extra cautious. So start the your trade on Meta Trader 4, then run back test and trade with the Simple Balanced System. This is the best way that you could invest your money securely with high return.

SD Trading Strategy for Binary Options Trading
September 25, 2014 10:27 am|Comments (0)

The Strategy that we are about to discover today is the SD Strategy designed by a programmer named Zeno and distributed on forexstrategiesresources.com. We do not know the meaning of the word SD in its name, but anyway it does not matter until it has certain effects on our business.

Please be aware that this strategy is not for newcomers, it is rather complicated and requires your full attention to be successful while using it. This strategy is very popular among the Binary Options currency pair traders, especially the ones dealing with the major pairs, which are the EUR/USD, GBP/USD, AUD/USD, USD/JPY and others.

As these trading pairs, or we often call them the Majors, are traded with the highest frequency in the market, they grow quite quickly and offer traders a wider range of opportunities than others. More about this strategy would be found in the review below.

How to use the SD Strategy?

To begin with, this strategy utilizes many indicators, but the most important of all is the HAMA indicator. Beside that, the SD Strategy also includes a color changing Moving Average, a default MACD with histogram and some specific SD Candles, which do not function well on my charts and result in the fact that I have no choice but to replace them with the HeikinAshi candles. The mechanism of this strategy is to depend on the confirmations of a trend, squeeze in as much as possible and then invest in them. After all the elements are fully engaged on your Meta Trader 4 platform in the experts/indicators folder, your charts would look like this:

SD Trading Strategy for Binary Options Trading

All the indicators’ settings, including the MACD are in default mode and not changed, as the creator does not recommend any particular adjustment. Remember to use the 12, 26, and 9, the usual in case of the MACD. All elements must be met if we want to begin trading.

For example, the HAMA must be red and is below the Moving Average while the MACD must be zero and HeikinAshi candles are bearish. Put in mind that even if the elements are met but the HAMA is still below the Moving Average, it is forbidden to trade as the filters from the Strategy indicate that there is a range bound market. Therefore, you could review the conditions that must be completed before trading:

Put Entry:

  1. HAMA  must be Red
  2. HAMA must be below the Moving Average
  3. Moving Average must be Red
  4. HeikinAshi candles must be bearish
  5. MACD is below zero

Call Entry:

  1. HAMA  must be Blue
  2. HAMA must be above the Moving Average
  3. Moving Average must be Blue
  4. HeikinAshi candles must be bullish
  5. MACD is above zero

Chart Time Frame: 5 minutes

Expiry time: As this strategy is not built for Binary Options, no expiry time is recommended but personally, I prefer one hour trading. Everything obviously depends on your experience. Therefore, testing this carefully before trading with real money might be a wise choice.

Disadvantages of SD Trading System

The SD Trading System has the same error as other strategies, which is to send wrong signals in a ranging market. Furthermore, with too many confirmations and indicators in use, this Strategy seems to be too complex and confusing with the newcomers in this market.

Well, this disadvantage might not be the obstacle for everyone since you can color your indicator like blue or red and trade when all have the same color. Easy, right?

Advantages of the SD Trading System

Accuracy is the best advantage of this strategy as the system does not rely on a single indicator and, as a result, the signals seem to be of higher precision. Furthermore, the SD trading system is built for trading with the major currency pairs, those are known to have less whipsaws and sharp reversals than others. Therefore, even though it is unavoidable to deal with whipsaw and reversals as they appear on all assets, this strategy might help you reduce their effects.

Conclusion

It is no doubt that a strategy might meet all traders’ needs, especially with such a complicated one like this. However, if used properly, this strategy will surely benefit you. All you need is to remember its basic rules: use it with the Majors for the best result, do not trade until all elements for a trade are ready and finally, be aware of the ranging market.

You will also need good skills in binary options risk management and discipline, which are common requirement for all markets. So give it a try and check whether it suits you.

Pinocchio Strategy
September 18, 2014 10:23 am|Comments (0)

Maybe you are wondering why a financial strategy has the name of a lovely wooden doll from a tale – Pinocchio. Is it named with a purpose or just a joke from the founder of the strategy? Of course, this is not a joke.

The Pinocchio strategy is named that way because its mechanism is just exactly the same as one from the lovely wooden doll which is obsessed with lying. So here come the next questions: can a strategy lie? And if it really lies, how could that benefit us? Well, the answers are: yes, it can lie and we know it is going to lie, making it profitable.

Everything starts with a Pinocchio bar, or we could call a Pin bar which has a tiny body with a long nose (or wick). This nose functions precisely the same way as the little Pinocchio’s nose as it goes longer when the price moves in one direction and then retraces. As the wick becomes longer, the price will turn into the opposite direction of the initial way. If the price is up then the strategy is to go short and it is to go long when the price is down. The entry point is also diverse as it totally depends on the traders’ style. Some prefer to wait till the bar retraces to its 50% Fibonacci level while others just enter right after the Pinbar closes.

Disadvantages of the Pinocchio Strategy

The sad thing is that Pinocchio Strategy is not designed for the newcomers. You have to know exactly what to do, which requires certain time experiencing the market otherwise this strategy would smash you immediately.

For example, you have to trade faster if after a minor rally during a down trend, there is a strongly resistant formation of a bearish pin as the wick is above the candle, which is indicated by an oscillator. However, if the Pin turns to be countertrend, it results in the fact that this trade is almost out of money.

Furthermore, this strategy requires a big stop loss before you could stop trading. For example, when the move is against you and tops over the highest point of the Pin bar, you must get out of the trade as fast as possible and if you set the point to cut your losses too high, it is likely that you will not make it and lose all the trade.

Advantages of the Pinocchio Strategy

First, Pinocchio Strategy is one of the most reliable strategies in the market, especially once you work in the trending markets. If the traders have certain level of knowledge and use the Pinocchio Strategy properly, this strategy would have unbelievable accuracy. This is because, the Pin bar is a perfect indicator which pictures a whole image of the market and helps us grasping the behaviors of other investors.

For instance, in case of a bearish Pinocchio bar, the price is pushed higher by the bulls, but then when the bears come back as the consequences of underlying weakness, they would drag it close the opening price or even lower. The opposite scenario would be applied to the case of a bullish Pin.

Second, it is no doubt that many of us have been stuck in a false breakout. This Pinocchio Strategy might help us avoid making the same mistake as it points out the false break of a trend line, a range or other support and resistance levels. So for example, there are one hour candles where the prices are strongly breaking far above resistance level in the first half an hour.

Don’t do anything quickly! It is important that you stay calm and wait for the next half an hour as the Pinocchio may appear at the end and the price would not come down in the next candles. Therefore, thanks to the Pinocchio bar, you could read the market real movement and avoid unnecessary false break.

Conclusion

Pinocchio is a prestige strategy and I would confidently recommend that if used properly, it could give you a 70% win rate, equivalently a 1:2 Risk:Reward ratio or  even 1:3 in some cases. Nevertheless, you must control and are well prepared for all the factors surrounding this method, not just the Pinocchio bar. Therefore, use this strategy wisely, be aware of all factors and you will succeed!