Introduction: So you want to start playing with binary options? Great! But where do you start? This guide will show you the basics of how to hit high and low stakes with the strategy.
Step 1: Choose a Strategy
Candle binary options can be a very profitable strategy for those who are able to find the right system. There are many different strategies that can be used, but the most important thing is to find one that works for you. Some people prefer to trade on the long side, while others prefer to trade on the short side. It is important to find a strategy that fits your trading style and goals.
Step 2: Trade with Confidence
Candle binary options trading can be a very profitable venture, provided that you have the right trading strategy and tools. To ensure that you are making the most of your opportunities, it is important to trade with confidence. Here are some tips to help you do just that:
- Make sure that you have a sound understanding of candle binaries’ trading concepts and strategies. This will help you avoid making costly mistakes while trading.
- Always use caution when trading candles – never invest more than you are comfortable losing. If in doubt, always wait for a better opportunity before taking any action.
- Use technical indicators to help guide your trades – these tools can give you valuable insight into the market conditions and provide guidance for when to take risks and when to hold back.
- Always keep a close eye on the market – if something seems off, take a step back and reassess your strategy. Do not let emotions get in the way of making sound decisions.
Step 3: Be Patient!
Candle Binary Options can be a very lucrative way to make money, but it’s important to remember that it’s a long-term investment. If you’re looking for quick profits, Candle Binary Options probably isn’t the right strategy for you.
Strategy Binary Options Strategy Rules
Candle Binary Options is a strategy that uses the options market to make profits. The strategy is based on buying and selling binary options contracts, which give the trader the right to buy or sell a security at a set price within a certain time frame. When executed correctly, this type of trade can be very profitable. However, it is important to follow specific strategy rules in order to maximize results.
Markets:Any
Time Frame 15 min or higher.
- Find the third candle
- Enter your trade at the start of the third candle and wait that candle closed.
Identify the current trend.
(For example: use 50SMA or 100sMA to
identify the current trend. If the price is above
the SMA – the current trend is up or opposite)
You may also use a Stochastic indicator with
parameters 5.3.3 to filter your trades. If the
direction of the stochastic is opposite of your 1st
and 2nd candles it is better not to trade at that
moment and wait for the next “1st candle figure”.
Open a 60 min chart or other time Frame and find the “firstcandle”.
“The First Candle” is between two
candles, and it is the highest or the lowest of
those three candles.
Look at the chart below:
3° Candle Binary options strategy
3° Candle Binary options strategy
The 1st candle is located between two candles
and it is the highest (or lowest ) of the 3.
-Now if you look to the right of the 1st candle is
the 2nd candle and the next is the 3rd candle –
the most important for us. This system based
on the 3rd candle.
Bynary options Strategy
Bynary options Strategy
3° Candle Binary options Strategy
3° Candle Binary options Strategy
If look on your chart you will see a lot of “three
candles figures” and all of them are great
trading opportunities!
Binary Options strategy: Trades
We BUY at the very beginning of the 3rd candle
if the current trend is up and your candles
figure is going up
We SELL very beginning of the 3rd candle if the
current trend is down and your candles figure
is going down.
There is ALWAYS an opportunity to make a win trade.: all you have to do is to open few pairs charts and you will always find your 3 candles on
some pairs!
3° Candle Binary options Strategy
3° Candle Binary options Strategy
When not to trade
- do not trade 1 hour before and after
major news or big events
- when the 3rd candle is against the current
trend
- when the second candle closes “inside” the
1st candle:
3 Candle Trading System
3 Candle Trading System
This also a scalping system ( 3° Candle Scalping system) with this exit setup:
Take profit
Your target is 10 pips. You can also try to use a
trailing stop order to maximize your profit.
Stop loss
Stop loss needs to be placed above or below
the second candle: If you BUY – place a stop 1
pip below the 2nd candle, if you SELL – place a
stop 1 pip above the 2nd candle.
Time frames
This Scalping system can be used with higher time frame.
In this case make sure to set your take profit
target more than 10 pips.
Conclusion: Playing with binary options can be profitable if you follow these simple steps. Good luck!
