Live market analysis and trade example
Welcome back to Binary Option Alliance’s signals training course.
Learning how to analyse the market and predict the trend correctly is a vital part in becoming successful in binary option trading. In this lesson we will be showing you how a professional analyses the market and makes accurate predictions using price action.
Price action is what should dictate any position you take in the market. Learning how to read price action is not something you can do in a day.
Price Action is the most powerful indicator available to all traders.
Traders who understand how to effectively use price action to position themselves correctly into the market are the traders who are trading without emotion because they understand the nature of the market and are confident with their analysis and with their predictions of the trend.
Todays training video is a demonstration of live market analysis using the charting setup that was featured in the previous lesson.
If you did not make to yesterdays part of the course on how to set up your charts for binary options, you can access the training through this link http://binaryoptionalliance.com/how-to-set-up-charts-for-binary-options/
In this video I take a call position into the market, The strong bullish trend was the main reason I placed a call position into the market.
Once again, I hope you found something useful in this lesson on market analysis using price action and I look forward to seeing you all back here for the next part of this signals course
Any questions or comments about the training video can be asked below in the comments section and I will be sure to help out.