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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
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12 EZBinary Rating: 4Rating: 4Rating: 4Rating: 4 $ 250,00 Read Review Visit Site
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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
The Fractal Guru Strategy
October 28, 2014 3:26 pm|Comments (0)

It came as a great confusion for me as why this strategy has a word “Guru” in its name. Normally anything coming with “Guru”, “Professional”, “Expert” or anything fancy like that makes me feel more skeptical than attracted. However, this strategy has something special in it, so I did give it a try using my Meta Trader 4 charts. It was created by NavinPrithyani and here is the link for the strategy http://forex-strategies-revealed.com/basic/fractal-guru-strategy. One reason this strategy has drawn my attention was that it utilized ADX (you can check out the article about ADX posted not long ago), Japanese candlesticks and Fractals (which will be explained in this article).

What are Fractals?

In trading, the term Fractals is different from that used in mathematics. It is part of a strategy created by Bill William, which I will not be elucidating in this article as it is obviously unnecessary. What you are advised to understand here is that a bullish Fractal is the formation of five candles in which the low of the middle candle is lower than the lows of the other four candles in the formation. Conversely, a bearish Fractal is the formation of five candles in which the high of the middle candle is higher than the highs of the other four candles. If you feel that these words confuse you, let’s view an illustration:

The Fractal Guru Strategy 01

The illustration above shows us what a bullish Fractal formation of five candles looks like (and we will have a bearish Fractal if we reverse this picture). Identifying a Fractal may seem a bit difficult at first, but it is actually very easy and simple if you just focus on the grey arrow at the bottom of the middle candle, which illustrates a Fractal identified by the Fractal indicator. Fractal indicator is a tool designed to help to identify Fractals quickly and accurately. In such a modern world, Fractal indicator is not something very strange or extraordinary, so having one is easy and very useful.

Both ADX and Fractals indicators are integrated in the Meta Trader 4 platform, so if you want the Fractals to appear on your charts, just click: Insert – Indicators – Bill Williams – Fractals for the Fractals and Insert – Indicators – Trend – Average Directional Movement Index for the ADX. You need to bear in your mind that the grey arrow can disappear until the fifth candle isn’t closed, simply because Fractal is the formation of five candles. Trades will be entered upon the opening of the third candle following where the Fractal is manifested. These words may seem a bit boring and confusing, so let’s get to the exciting part of this strategy:

How to use the “Fractal Guru Strategy”

This Fractal strategy depends greatly upon the ADX and Calls are only taken when the ADX is on the rise, the Red dotted line is below the Green dotted line and a complete Fractal is manifested (all five candles are closed). Just to be more cautious in this strategy, we decide trades are only entered when the candle matching with the grey Fractal arrow has a long wick on the side of the grey arrow and a short wick on the other side. This illustration will help you have a clearer idea of this strategy:

The Fractal Guru Strategy 02

The above picture illustrates what a valid Call entry looks like in accordance with this strategy. For a Put, everything must be reversed, with the exception of the ADX blue line that must be on a rise just the same as in the case of a Call. This is because the Blue line of ADX displays the strength of a move instead of its direction. Let’s look at a brief summary of both Put and Call entries:

Call Entry:

  1. bullish Fractal must be fixed/locked in/fully established (all 5 candles are closed)
  2. ADX Blue line is steadily RISING
  3. The candle matching with the grey Fractal arrow must have a long wick pointing towards the Fractal arrow and a short wick point to the other side
  4. The Red dotted line is BELOW the Green dotted line

Put Entry:

  1. bearish Fractal must be fixed/locked in/fully established (all 5 candles are closed)
  2. ADX Blue line is steadily RISING
  3. The candle matching with the grey Fractal arrow must have a long wick pointing towards the Fractal arrow and a short wick point to the other side
  4. The Red dotted line is ABOVE the Green dotted line

Disadvantages

The first bad thing about this strategy is that it is very difficult to follow. If you are a beginner in this field, you must feel so confused and baffled with all the rules, ADX lines, formation of five candles, etc. The explanation for the opening entry point of the third candle after the grey Fractal arrow appears is also pretty confusing. The rules are also ambiguous and traders can make lots of interpretation from their contents. For example, “when the ADX is trending by seeing the blue line rising steadily…” This is the original wording of the strategy as in its creation document, so what does this sentence refer to? How long should the ADX go on the steady rise and which values are deemed safe for the strategy? The strategy explanation doesn’t give us clear answers, so the best we could do is to make interpretation from what it says. Perhaps, this strategy is for advanced traders who know how to spot a steadily rising ADX easily. A beginner will meet great difficulties.

Advantages

Despite its complication, the strategy is built based on strong principles generating trades with high probability. This means we are making trades with the trend as soon as the ADX is on a rise and the Fractal formation is in fact the retracement. And the best place a join a trend is none other than after the retracement. In addition, we have the long wick rule: the candle having a long wick mentioned in this strategy bears much resemblance to a Pinocchio bar (a Pin bar) that is a reversal candle. The Pin bars have always stayed amongst my favorites as they have displayed their effectiveness in real practice. Their extra confirmation also brings benefits to the strategy.

Conclusion

Trend following strategies have always been my preferred ones since they create high-quality and safe entry points. However, personally I don’t consider the ADX as the best indicator for trend, or at least it is not utilized as a main indicator of a strategy. Fractals are just too difficult to follow and their complication well exceeds their actual performance and power. They can also be re-painted easily, which means an arrow appears and then disappears when the next candle is printed. In general, the principle of the strategy is great, but what it shows in real practice is simply too subjective and very confusing. In conclusion, it is the traders who use this strategy that make all the differences. It can bring profits to some traders, while only losses and confusion to many others.

The Floor Trader Strategy
October 25, 2014 3:21 pm|Comments (0)

In this article I will be discussing a very basic strategy that was used as one of my first strategies when I got into this business, and still among my preferred ones. Frankly speaking, it took quite a large amount of time just to get the idea of this strategy, mostly because of the lack of my experience back then. In this article the strategy will be discussed in layman’s terms to be much easier to understand than its original form in which I think the terms and phrasing used by the developer are pretty complicated. You can view the original form of this strategy for Forex here in this link: http://www.trading-naked.com/FloorTraderMethod.htm. This strategy is a trend-following one, and that’s why I like it. In order to recognize the trend, 2 Exponential Moving Averages with periods of 9 and 18 will be utilized. The trend determination will be done with the positioning and angle of the 2 Moving Averages, and the pattern created during the retracement will be utilized to perform market entry. Below is the description of this strategy in details with all its principles.

How to use the Floor Trader Strategy

Before going into further details, we should learn to understand the definition of retracement in this strategy. A retracement can be explained as a slight increase in prices during a downtrend and a slight decline during an uptrend. Retracements are counter-trend movements. When they are finished, the trend usually gets back to its track. The retracements play an important role in our strategy here because the entry patterns take place during the retracement. In an uptrend, the trigger of our entry is the first candle to reach above the high of its previous candle, determining the retracement end and the uptrend continuation; and in a downtrend, vice versa. Look at the following picture:

The Floor Trader Strategy 01

The best entries are those found after a retracement containing 2-5 candles. The rules of entries are as follows. They may seem difficult to understand at first, but in the end, they will turn out very simple and logical.

ENTRIES:

An Uptrend is recognized by:

1. The 18-EMA line is below the 9-EMA line

2. Prices trading above both EMAs

3. The slope of either or both of the EMAs is upwards. (At times the 9 EMA will be below the 18, but curving upward and about to cross it, which is acceptable)

Number 1 above is the primary identifier; prices must first trade above both 9 EMA and 18 EMAlines – subject to the two conditions as follows:

1. Price is “significantly” distant above the lines (before the retracement to cross the EMA lines), or

2.Price is above the lines for 3 candles minimum.

Entry signals have three types: Level 1 (L1), Level 2 (L2) and Level 3 (L3). L1 is the strongest signal. The next is L2. L3 is the weakest signal and should be traded with great care.

The LEVEL 1 Call signal(long):

After identifying a decline retracement and an uptrend is determined, look out for:

  • At least one candle touches the 18-EMA line (or goes slightly below it), and
  • Price to decline and enter the area between the 9 and 18 EMA lines
  • When the 18-EMA has been touched, find a candle that reaches above the high of its previous candle by at least one pip. (Trigger candle)

The LEVEL 2 Call signal (long): (akin to the L1 signal and may appear prior to it)

After identifying a decline retracement and an uptrend is determined, look out for:

  • Price to decline and enter the area between the 9 and 18 EMA lines
  • A Call signal Trigger candle appears before the 18-EMA is touched. The market starts to move up without touching the 18-EMA (which is the normal trigger for the L1signal).

The LEVEL 3 signal (long):

After identifying a decline retracement and an uptrend is determined, look out for:

  • Price to decline but it DOES NOT enter the area between the 9 and 18 EMA lines, or price merely touches the 9-EMA line.
  • A Call signal Trigger candle appears above the 9-EMA. The market starts to  move up above both EMA lines (or merely slightly touches the 9-EMA line) following a minor retracement.

An L3 Call signal is only taken if it is the first signal in a new uptrend.

The Floor Trader Strategy 02

Qualified L3 Call signals arepretty rare. The most common ones are created when the market performance is at new highs in a “runaway” rally, or following a strong consolidation.

Continuation Long Signals:

The first Call signal in the mentioned new uptrend should be closely watched irrespective of its condition as taken or not. If the trade comes to a halt or gets back to the breakeven point, refrain from acting on any additional long signal in the present uptrend. In this strategy, it is also highly advised that additional long signals not be taken unless they take place at significant distance above the first one. Generally, the first signals in a new trend provide the best trades. This means the top rate of success comes alongside a signal provided in the first retracement following an EMA crossover. And all of the rules must be reversed in the case of a Put signal.

The conditions and rules are quite complicated to grab, so let’s simplify them with illustrations as follows:

The Floor Trader Strategy 03

Disadvantages

The first and most obvious bad thing about this strategy is the complicated set of confusing rules. It is a seriously big challenge for beginners and not many can keep their spirit with it. I was in that situation, and I did think of quitting every now and then. However, my decision was that I had to keep following the strategy and it was not very long before I could detect signals better and the need to regularly check the rule sheet went away. Another big disadvantage of this strategy lies in its inability to work well with ranging periods, which has been considered a weakness of trending strategies. However, there are other tools (such as ADX) designed for better trend identification that can help you avoid such problem. One more note: refrain from any trading if the two Moving Averages stay flat.

Advantages

The basis of this strategy is amongst the strongest and most popular trading principles: the trend. Also, the best place to enter the trend is just after a retracement. As drawn from real practice, the retracement provides precise signals that take place very frequently, thus satisfying even busy investors who trade a lot. During a trend, traders can take multiple trades to maximize their profits, and if they take all the signals, the trading gains will be so huge.

Conclusion

This strategy, in my subjective opinion, works very effectively and remains my preferred strategy. Perhaps the EMA’s need some adjustments and the ranging markets could be avoided by using some other filters. If you want to check whether or not this Floor Trader Strategy is cut out for you, the best way to check is to use a demo account and test it and get used to it. You should make up your mind whether or not to use this strategy on a live account only after having done carefully forward testing and back testing. The rules may seem complicated and difficult to follow, but be confident and keep up your work, I am sure it will pay off.

The Candlestick Trend Trading System
October 20, 2014 3:03 pm|Comments (0)

Higher level traders can rely on the candlestick trend trading system for its high quality. This system uses multiple trading techniques, among which we have candlestick trend continuation signals. Please read through the article below and click on the link to read the full strategy and to download the indicators.

One of my favorite websites to visit regularly is Forexstrategiesresources.com – a very useful website for traders of forex and provides a huge collection of strategies on forex. Many of these strategies, if not saying almost all, can be applied effectively to trading binary options. And one of them is the Candlestick Trend Trading System. When I first looked at this strategy, I hoped that this will be another outstanding one, as it already contains candles and trends in its name, which are two of my favorites techniques of trading. In addition, I also recognize that this strategy contains many other indicators, such as a moving average and MACD, which are also my preferred techniques.

 What Is The Candlestick Trend Trading System

The Candlestick Trend Trading Systemis released by Forestrategiesresources.com as a forex trading technique. This strategy is trend-following and it has all of my trusted and preferred techniques in trading. The technique uses 2 timeframes, 4H and daily charts. A moving average and MACDare also integrated with Metatrader’s Pattern Recognition Master to provide signals. The website provides all the tools you need, so no need to worry here! Also, it is not necessary to be a Metatrader to utilize the system. The only requirement is that you can detect the candle patterns.

The Floor Trader Strategy 01

First you have to begin with the daily bar chart so as to provide signals. Puts will be traded if the charts of daily bars are bearish, and calls will be traded if they are bullish. In a bullish chart, the trend is usually upward with the moving average being bullish and MACD being bullish. If everything is like this, you can utilize the 4H charts. On 4H charts, you need to seek a bullish signal, e.g. bullish moving average, bullish MACD and bullish candle signal. In reverse, it is also totally true. About the bearish signals, they begin with a bearish chart of daily bars, and on the 4H chart they get confirmed by the moving average and MACD

One important thing you should notice here is that the MACD on this system of charting is not exactly the one you may be familiar to. The display of this system is still standard, yet the color of each bar will be adjusted: in down days, it is red; and in up days, it is blue. When you are using the 4H chart, if the color of MACD turns red, that is a bearish signal; and if it turns green, the signal is bullish. Setting trend with the use of daily charts, we can eliminate false signals and whipsaws. And even more of them are eliminated on the 4H charts if we use the moving average. The moving average also confirms the MACD signals.

Advantages

The good thing of this strategy is that it incorporates all the things I prefer in a good system of trading: trend-following, multiple timeframe utilization, the use of multiple indicators for signal confirmation, and much ease in use. It generates bearish signals and bullish signals, as it is trend-following. The high versatility of this system also enables it to be applied with any index, commodity, stock, currency pair, or any other tradable candle charted assets. And above all, the programming of this system into trading platforms, such as MT, is very easy.

Disadvantages

This strategy has its bad points, as we have once mentioned that even the best binary options (of your choice) have their own bad things. It is a good strategy, but the article lacks information. If more information were provided, this strategy would be highly recommended to newbies, while intermediate traders and higher levels have to meet limited use. The reason is simple. You need to be sharp when reading between the lines and have a good grip of the expected things and the way to deploy the strategy. In addition, quite a firm foundation with candle charting is required and necessary if you want to succeed. Otherwise, you need to find competent software to do the job. What do I mean when I say reading between the lines? Here is an example. The name of the strategy is Candlestick Trend Trading System. Besides in the title, can you find the “trend” mentioned in anywhere else? From the description, do you know how to set trend using the chart of daily bars? You cannot and you do not. My point is that you are supposed to do so. If I were wrong, then this system would be not so good after all

Conclusion 

This system is good and intermediate or advanced traders can utilize this system. Despite having predesigned candlestick recognizing software, traders are still recommended to have a good grip of techniques of candlestick charting. Besides that, it is just fine. From the point of the author, it is obvious that some experience is required if you want to utilize such strategy.

The Best MACD Entries Strategy
October 15, 2014 2:59 pm|Comments (0)

One of my preferred indicators of binary option trading is MACD. The application of this tool is very diverse, such as to identify the trends, reversals and to trigger trading signals. This tool is also very flexible in term of time limit. It can be applied to long-term monthly binary options, or even to extremely short-term ones, e.g. 60 seconds. The article below discusses the best of MACD Entries.

The Best Of MACD Entries

This article was created by James Ayetemimowa and posted on Forex Strategies Revealed.

This strategy is simple for traders of short-term binary options and uses MACD in a very rational style. The benefits of this strategy lie in its trend-following characteristic and the utilization of many indicators at a time, thus it is remarkably useful for trading binary options. Furthermore, MACD is also applicable to longer timeframes thanks to the way it works and its flexibility in timeframe application.

What Is “The Best Of MACD Entries”

This question is not easy to answer, as the application of MACD to give good signals is very diverse. It was fairly easy for James as he has been able to precisely quantify the best entry signal of his belief. In his model, he utilizes 5-min charts with two MACD’s and two moving averages. For the charts, my suggestion is using candles, as I think it is the most effective. The mentioned two moving averages are respectively 100 bar simple moving average and 50 bar simple moving average. And both of the remaining two MACD’s are up to 12/26/9 standard, yet one is oscillator style while the other is histogram. In combination, these indicators provide signals with movements with the time range of minimum 20 minutes and maximum many hours.

Strategy Review The Best MACD Entries

How James’ “Best Of MACD Entries” Works

Signals are provided on a pretty regular basis as it is on the 5 minute charts and the setup is not at all complicated. About the two moving averages, they are utilized to identify trend, the type of trading and as part of the signal. The positions of the two SMA’s help to identify the trend. The market will have a bearish trend if the long-term 100 bar SMA is above the short-term 50 bar SMA. It will be a bullish trend if the long-term 100 bar SMA is below the short-term 50 bar SMA. Traders are advised to carry out puts when the trend is bearish and calls in a bullish trend. When MACD is oversold or overbought and creates a crossover simultaneously with the prices that have pulled back past the SMA’s, a signal is generated. This implies that it will take some time for the prices to have correction above the moving averages in a downward trend. If this situation takes place, when the MACD oscillator is overbought and a bearish crossover occurs, a signal will be provided. The MACD histogram can give predictions about the signal and the crossover. You can observe in the provided example that the MACD histogram is clearly diverging and indicating the lower high and consequential buy signal that the system has created.

Good Things

This strategy is very well-designed and effective and it is an exceptional example, as well as an application of my preferred indicators. I have put plenty of stock in the old strategy 12/26/9. This system has utilized my preferred indicators as well as combined a great number of a good strategy’s features favored by many. Multiple timeframe analysis is not incorporated in this strategy, which in my consideration is a benefit. The strategy has an incorporation of well-used and trusted and overlooked indicators that put together the momentum and trend to provide handy signals for the trading of binary options that have short-term, say days, hours, or even shorter than that.

Bad Things

There is no bad thing to find about this outstanding strategy. It is so excellent and admirable. Sir James Ayetemimowa has done what many people have dreamt of with his great MACD system.

Conclusion

Whether or not this MACD entry is the best is not so sure, but it is absolutely an outstanding one. This strategy is highly recommended to any kind of traders of binary options, including those who are young, old, with or without experience, commodity, stock, forex, or any other kind. There are various strategies in the binary option market with diverse effectiveness, but we are sure this one is completely and absolutely wonderful. If you learn this strategy, cherish it and develop it into your own strategy, I can say that you will be meeting your fortune soon.