It is easy to learn for beginners and it can serve as a great starting point towards learning technical analysis. Watch the full video tutorial and try it out.
It will allow a beginner trader to learn how to use the basic technical indicators and at the same time make profit from the very beginning. As the basic analysis is done on the 1 minute charts and the trades are executed in 5 minutes, the system allows making high number of trades in one trading session.
The basic idea of this strategy is to enter the positions on the levels of resistance where short-term reversals are expected. Once you understand the basic concepts, the strategy can be modified and can be traded on higher time frames for example 5 minute chart with minutes expiry times for higher in-the-money returns and less 'noise' that is a constant factor on 1 minute charts and thus less risk.
- Depending on the time of day, you might also see currencies and commodities here.
- Ma binary options
Additional indicators can be used to get even more precise entry positions and even higher winning trades ratio. The best way to do so is to join the free education center on the binary.
You can use these same charts to make the analysis when trading.