Binary Option Alliance

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Tag: recent trades

Start to Work from home with Binary Options

In order to work from home with binary options you need to understand how to trade binary options.  So, what’s the best way to understand binary options and how to trade them?  Well, for starters you need to learn how to read financial charts and how to undertake fundamental analysis of the market you are wanting to participate in.  Second, you need to learn how to perform technical analysis on financial charts such as support and resistance levels, how to recognise trends, and the right way to use indicators. Learn these techniques and you can start to work from home with binary options using simple trading strategies that are easy to learn. Its easy to start earning extra income by trading binary options from home, even for a beginner or a person who has not traded before.

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Okay, let’s talk about charts. There are many charting solutions available on the Internet, freestockcharts.com is a great one to start with, it is very user friendly and it has a wide range of tools and indicators to assist traders with their analysis of the market.  You can find them on the charts and graphs page under the resources section of the main menu.  You’ll also find in that section, another great charting solution provided by Netdania.  You will need to install Microsoft silverlight plugin for freestockcharts and you will have to have an updated version of java for netdania charts, both are free and should work on all operating systems, Windows and Mac. Netdania also has a mobile charting application that is quite useful if you are on the move.

binary_options_trading guyTo get a basic understanding of support and resistant levels, check out option training tips in the resource section of the main menu.  Try drawing a few support and resistance lines on your favourite currency pair and spotting a few trends on one of the charting programs I mentioned before. Go on, you may surprise yourself There are two types of trends, up and down, bull and bear, A BULLISH TREND IS AN UPWARDS TREND WHILE A BEARISH TREND IS A DOWNWARD TREND.  Sometimes the market can be non trending and in what we call a sideways situation.  There is a way to profit in every market situation using different techniques and strategies. You can check out the double for tutorial in the resource section for an example of how to profit when the market is in a sideways situation.

To start Trading you will have to sign up with a brokerage firm. Brokers that have been tested and approved by Binary Option Alliance are as follows:

 

24option

 Read review

 visit site


Titan trade

Read review

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OptionRally

 Read review

visit site


 Interactive option

 Read review

visit site


 Top Option

 Read review

visit site


By the way, It is free to sign up with all the recommended brokerages and it’s a great way to view the different platforms, The different brokerages have different features and trading tools and resources and its easy to sign up for a free account and test out and explore the different features the platforms have to offer traders. There is often live support to assist you with any questions.

 

There are many resources available to traders to assist them in their analysis of the market and a great option is binary option trading signals, There are many different types of binary signals services and Binary Option Trading Signals is one of the best way for traders to learn while they earn while they watch live screen feeds of professional traders every trade session, so new traders get to see exactly how the professionals are doing it, LIVE. Great for beginners and even if you already are a binary option trader and you are looking for that edge to boost your profits, binary option trading signals are a great choice. Check out their website here to find out more.

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Binary Option Alliance has a load of new pages and features, explore though the main menu to find some great trading tools, reviews and articles. The recent trades page has been updated as well as the trusted signals provides page has some new additions,  some of the other new feature include :

OK so, We’ve discussed whats it takes to start working from home with binary options and earn and extra income trading online. If you have any questions about setting up your charts or signing with a brokerage, don’t hesitate to contact live chat support available in the bottom right corner of this web page. Also feel free to ask any questions about binary option trading signals and other quieries you might have related to trading or leave a comment in the comments section. Thanks for tuning in and reading about the basics of how to start trading and earning extra income from home using binary options.

All the best for 2015, make an effort to make this a prosperous year and develop a strategy for success! #successin2015.

 We are a growing company and we would love your support! Please like and share us on Facebook and join our circles on Google Plus! Happy Trading!! 

 

Double Profit Tutorial

Double Profit Method.

In order to maximize your profitability with binary options, it is important to capitalize on the right market conditions. Here I would like to demonstrate a simple strategy that minimizes risk and maximizes profitability.

(If you are not familiar with option trading I suggest you first check out Option trading Explained)

The concept is quite simple, Markets move up and down- in other words-they fluctuate. To double your profits you will need to take advantage of the swings of the markets.

As you can see in the image below the price history (green and red audnzd2bars in the top section) has travelled upwards for a period of time, so when my indicators begin to signal a reversal,  (see the green arrows) I place a PUT trade with an expiry up to 1 hour (shown by the vertical white line) The horizontal white line indicates the level at which I placed the trade, which was @ 1.11031  . So what I’m predicting is that at the time of expiry (vertical while line) the price will be below the level 1.11031

The image below is  sightly more zoomed in to give you a clearer idea of what is occurring.

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In this image (above) you can see the price level has increased past my trade level of 1.11031 and is at now @ 1.11041 and I am now out of the money and the fear of loss is upon me.  As I keep my emotions stable I refer to my indicators which indicate a downward move soon so I am  relaxed and ready to place a CALL trade when the market reaches a lower level than 1.11031 in order to protect my initial investment.

audnzd4

As you can see in the image above that the price did in fact move downward below my trade level of 1.11031 and I have now placed a CALL trade @ 1.11000 ( shown by the second lower horizontal white line) using the same expiry time (vertical white line) , The first prediction is saying the price level  will go down (below 1.11031) , and the second prediction is saying the price level will go up (above 1.11000)

audnzd5

As you can see, in either case I will win one of the trades.  If the price level goes down I win on my first trade. If the price level goes up- I win on my second trade- minimizing risk.  If the price level expires between 1.11031 and 1.11000 I will win both of the trades, doubling my profit.  Lets see how it plays out in the following images.

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UH OH! my first trade is out of the money. dontpanic-marvin-ltr1

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In this image it looks as if I am going to loose my first trade predicting it will expire below 1.11031, my emotions are stable and I notice the indicators signalling a downward move is about to occur .

audnzd9

looking good…

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hold…………. hold……………………..HOLD!!!

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BA-BOOOOOOOOOM!! both trades expire IN THE MONEY  @1.11013 which is below my PUT of 1.11031 and above my CALL of 1.11000  so I bank myself double profit, rinse and repeat.

Interested in seeing more trades of mine, check out my Recent Trades

This was traded using the Interactive Option platform which provides  diverse expiry times on a wide range of assets, you can read my review on interactive option here.