Binary Option Alliance

Your Edge To Success

Binary Option Trading Technical Analysis

In order to trade  Binary Options profitably, Technical and fundamental analysis of the market needs to be undertaken as there are many vital factors you need to take into consideration in order to maximize your profitability while participating on the financial markets.

The Most important Factor to consider is PRICE ACTION. Price Action can take many different forms and includes many different types of techniques but overall the most common method to using price action effectively is to keep primary focus on both historical and current movement of price.

Learning how to interpret price action is a key part in becoming a successful binary option trader.

Binary Option Alliance has Price Action Training available on Youtube, to access the training, sign up to the  free signals and video training course in the top right of this page;) 

 

 

 


To keep things simple I have outlined a few of the methods and techniques I use on a daily basis to earn an income from trading.

There are other factors to consider before taking a position into the market, these include:

1. News releases and Current Events 

Always check the latest news releases on the economic calender which can be accessed via my RESOURCES PAGE HERE.

2. A.D.R- Average daily range

A.D.R is the average amount of points/pips the market moves on a daily basis. (in order to calculate whether or not the market has room to move up or down)

3. A.T.R- Average true range

Average true range is calculated by assessing how much the market has moved in the last 4-5 hours (in order to give an idea of how much the market will move in the next couple of hours)

4. Swing Symmetry

Swing symmetry is basically the amount of pips/points the market moved during its most recent swing,( most recent high-most recent low) this will also give you a general idea of what sort of time frame you should be trading in.

5. Assess Volatility

Volatility shows the range to which the price of an asset or security may increase or decrease. You can find out more information on Volatility and how it can be used on the TOOLS PAGE HERE

Remember: It takes time to learn these techniques- its not just going to be hardwired into your brain overnight- Just like most things in life, successful trading takes time, effort and dedication! Some people pick it up straight away, for others it can take months.

PRACTICE CAN AND WILL IN MOST CASES MAKE PERFECT.

 

9 Comments

  1. To be quite honest, I think that this is the most real and transparent website I’ve ever come across when it comes to binary options.

    Have you ever heard of the UOP Indicator? I have some friends that use it and they all see massive success with it, I hear it is super accurate!

    What are your thoughts on it?

    Cheers,
    Colton

    • Dean

      March 16, 2015 at 7:31 pm

      Hey Colten, I honestly had no Idea no about the UOP Indicator untill you mentioned it. I did some research and heres what I uncovered, Its a Paid for custom indicator, Thats Cool, I have seen quite a few in my time as a trader.. The problem I have with UOP Indicator is the fact that is has waaay to many video testimonials. Something a bit fishy there, smells like of bunch of $5 fake reviews from fiver.

      Anyway I can Rig up a simple free indicator in a matter of minutes and have it out perform the UOP indicator. Sign Up to my free signals + video training and you will see what I’m talking about, In the second lesson I show traders exactly how to set indicators on their charts- step by step.

      The Fact of the matter is that people want it easy, A fool sees what he believes. If you want to see Binary Options made easy check out the AI APP

      Thanks for your comment Colten, wicked to connect with you

      All the best

      Dean

  2. I just finished reading a post about some binary option scams out there. It made me skeptical of the entire process. This article pretty much cleared it up. I like that your information is geared towards beginners. You wiped away all of my “binary options are scams” beliefs. They aren’t scams, but I think there are so many companies that prey on people who want to use binary options to earn money that it makes the entire industry look terrible.

    • Dean

      March 17, 2015 at 3:54 am

      Hi Kinya,
      Thanks for your comment, you pretty much hit the nail on the head, I hear a lot of that fluff from sceptics,Trading Binary Options is fast becoming a legitimate way to earn great money online as it can be much more than just about earning money. For Traders who approach the market correctly, it can serve as one of the most powerful self-development tools that improves all areas of your life. Its a mental sport that requires rigorous skill development and practice.
      Don’t let the scams blind you to the true potential of binary options.

      Cheers
      Dean

  3. This is a great list of techniques to make money from trading. I will bookmark this site for future reference. Thanks!

  4. Pretty nice strategy. I just stumbled upon your website while searching for successful binary option strategies and
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    August 22, 2015 at 5:48 am

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  6. I absolutely love your blog and find most of your post’s to be precisely what I’m looking for regarding Binary Option technical Analysis.. Seems like we are on the same wavelength. Awesome site!

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