Binary option

in my trading career I don’t feel comfortable and secure at all in Binary Options. That’s why from my first day of trading I am with LQDFX which is regulated with STP Execution and for all time make sure best trading environment for their clients by providing a wide range of trading technologies with security of funds at any deposits. And from here I can use at any kinds of trading strategies including lowest trading spread. so, my trading life is very much comfortable.

Binary option

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Should you also trade in weekends?

We know that you are a great fan of this market. If you do not have to go to your office, do anything and can make money from your home, there is no reason you should not be a fan in Forex. Most of the people like to trade in Forex and they fall in love with trading. It is nor right as you will overtrade the market and lose your money. It is very easy to overtrade in Forex and many people lost their money. If you are thinking that you should not overtrade, there are risks that you are thinking to trade on weekends. Many people trade on weekends and it gives the interest to other traders to also trade in the weekends. You should know the right time for your trading and every time is not profitable for the traders.
Some of the long-term traders often carry their trade during the weekend since they know very well that they can secure a huge amount of profit. But this doesn’t mean that you will be placing trades just before the closing of the market. During the weekend lots of things might happen and you don’t want to spend extra money by giving the roll overcharge to the broker. As a currency trader, you will have to learn more about your open trades. The more you will learn about this market the better you will become at trading.

Trade with confidence
All the professional traders are very much confident about their trading system. They know very well that placing trades prior to the closing of the month is just a waste of time. If you are completely new to the trading industry then you should only trade during the active trading session. If you place trades in your online trading account without assessing the market condition then you can never make money in this industry. Learn more about the trading session since it is one of the easiest ways to enhance your profit factor.

Trading in weekend is not good
We will not say you do not need to trade on weekends but we should say it is not good. This market is risky and you can lose your money anytime. The best time of trading in Forex is when the market overlaps and there are lots of money. This is a match made I heaven for the traders and if you trade in weekends, you will have many hardships to make your profit. One of the thing that you will see that most of the markets are not moving. When it is the opening day of the week, all the people are working and they are placing their trades. Remember this market has no money in its own and it is your money that is invested in this market. If you trade the market when the people are at their home, you will not get a change in your price level. The price needs to be changing to give you profit and on weekends, these price level do not change much. It is better if you do not want to wait to not trade in Forex on weekends.

Weekend trading can make you overtrade
Trading every day in the market can make you overtrade in Forex. Many traders started like professional traders and they loved trading. They trade the market and they also started trading on their weekends. This can make you overtrade the market when you are trading without breaks.

Trade less in Forex
If you are trading every day you are taking risks every day. Trade less in Forex to make more money. Less is more in Forex and if you do not trade on weekends, you are not going to lose your career. The market will be waiting for you and you can trade the market with your profitable trades.

Should you also trade in weekends?

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EURUSD: Trump has halted the dollar’s slide

On Thursday the 25th of January, trading on the euro closed down on a day of high volatility. Sharp price fluctuations were seen on the major currency pairs as a result of comments from Trump, Mnuchin, Draghi, and Jordan.

After hitting a new high in the European session, the euro entered a sideways trend leading up to Mario Draghi’s press conference. There wasn’t much of a reaction to the initial decision. The ECB meeting on monetary policy concluded with decisions to maintain the refinancing rate at 0.0% and the deposit rate at -0.4%.

The QE program is being maintained until September at a volume of 30bn EUR a month. This could be extended should the need arise. Interest rates are expected to remain at their current level for the long term. Should the economic conditions in the Eurozone get worse, the scale of the program could be increased.

Mario Draghi noted that the Eurozone’s economy is growing faster than expected. Volatility on the single currency is a current source of uncertainty and so stimulus programs need to be maintained in order to keep inflation up. Inflation over the next few months is set to remain around its current level.

The euro/dollar pair jumped on Draghi’s comments as the Eurozone’s economy grows along with the euro. Euro bulls received some additional support from Thomas Jordan, the chairman of the Swiss National Bank, after he told reporters that the SNB was ready to intervene in the Forex market if needed. This would be on the EURCHF pair to weaken the national currency.

Donald Trump halted the dollar’s slide during the US session. In an interview with CNBC, he said that traders had misinterpreted Steve Mnuchin and taken his comments about a weak dollar out of context. The euro then dropped by nearly 200 pips from 1.2537 to 1.2364 (-173 pips).

I have no desire to analyse markets when they react so strongly to verbal interventions because at times like these, the major players rely on crowd psychology to guide their trading. Also, we don’t know what other statements we could get from officials. It was enough just for Trump to say that Mnuchin’s comments were misinterpreted for the euro to slump by nearly 200 pips.

The price has returned from the zone between U3 and U4 to the LB balance line (sma 55). This marks a drop of 135 pips, and now the euro is trading at 1.2450. Given that the euro has dropped below 1.2389, there’s a chance of it correcting even lower on the daily pin bar with a long upper shadow. Moreover, the target of 1.2533 has been reached on the monthly timeframe.

My forecast has the euro recovering to 1.2475/80. If it stays with the trend, the price could rise as far as 1.2503, so don’t be in too much of a hurry to short the euro if that’s what you’re planning to do. Once a certain level is reached, you need to look at trader sentiment towards US bonds and euro crosses. See more in trading central signals review of Alpari.com

EURUSD: Trump has halted the dollar’s slide

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Weekly Trading Forecasts for Major Pairs (January 29 – February 2, 2018)

Here’s the market outlook for the week:

EURUSD
Dominant bias: Bullish
This week, EURUSD assumed one of its strongest movements in recent times. Since December 18, 2017, price has gained 800 pips. It gained almost 600 pips in January 2108, and over 300 pips last week, almost reaching the resistance line at 1.2550 (and pulling backwards). The market may go further upwards, reaching the resistance lines at 1.2550 and 1.3000, but it would eventually start coming down before the end of this week. The outlook on EUR pairs is bearish for this week.

USDCHF
Dominant bias: Bearish
Since November 2, 2017, this pair has lost more than 700 pips; whereas its most serious bearish movements within the past several months occurred in January 2018. Last week witnessed the strongest bearish movement, as price went south by 300 pips, testing the support level at 0.9300 and closing below the resistance level at 0.9350. Since the outlook on USD is bearish for this week and for February; and since the outlook on CHF is bright (bullish) for February, it is expected that USDCHF would remain under bearish pressures. Only a strong bearish movement on EURUSD can cause some rally on USDCHF, which may even be weaker than normal.

GBPUSD
Dominant bias: Bullish
Last week price went upwards by 480 pips before the bearish correction that is currently in place. The distribution territory at 1.4350 was almost reached, before price pulled backwards. A strong bullish pressure is needed before the distribution territory at 1.4350 can be tested again, and breached to the upside. Nevertheless the 170-pip pullback that took place on Thursday and Friday, may harbinger a protracted bearish movement, because the outlook on GBP pair is bearish for this week and for February. Strong movement would be witnessed again on GBP pairs.

USDJPY
Dominant bias: Bearish
The trend in the market is bearish – especially in January. Since the beginning of the year, price has come down by 420 pips, leading to a huge Bearish Confirmation Pattern in the market. Last week witnessed a movement of 240 pips, as price closed around the demand level at 108.50 on Monday. Further bearish movement may help price test the demand levels at 108.00 and 107.50. There could be instances of rally attempts this week, but they may be insignificant, owing to the weakness of USD.

EURJPY
Dominant bias: Neutral
It is a surprise that EURJPY cross only went sideways last week, while most majors trended significantly. This is a sideways (neutral) market, which oscillates between the supply zone at 136.50 and the demand zone at 135.00 (though the demand zone at 135.00 was breached on Friday). Further sideways movement is possible, but there will eventually be a breakout in the market, which would favor bulls.

GBPJPY
Dominant bias: Bullish
This is a volatile market. It has moved significantly upwards since January 11. However, there was a noteworthy pullback on January 25 and 26. Further pullback is possible, but may be contained at the demand zones of 153.00 and 152.00. Eventually, the recent bullish trend will continue because the outlook on certain JPY pairs is bullish for February, and GBPJPY is also included.

This forecast is concluded with the quote below:

“Trading requires an optimal mindset. When you are upset, tired, and emotionally distracted, you will have trouble following your trading plan. You must return to a calm, focused mindset, a mindset where you are attentive and alert, and can trade like a winner.” – Joe Ross

Source: www.tallinex.com

Weekly Trading Forecasts for Major Pairs (January 29 – February 2, 2018)

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Tricks to winning the markets this year

“Trading is one of the oldest concepts on the planet and that’s an advantage to your new business. You don’t have to reinvent the wheel. What you have to do now is create a written set of instructions to your brain. Instructions that will turn your concepts into cash. Think of your business plan as Cliff Notes on “How to make money by trading!” because that’s what it will be once it is completed. Since only the best traders have the discipline to make such a plan, you’ll have one of the “edges” you need to compete alongside the top market makers and traders.” – Dr. Van Tharp (Source: Vantharp.com)

Based on many years of trading and research in the markets, I’d like to share some tricks with you. I hope the tricks would help you become triumphant as a trader.

NEITHER A PERMABULL NOR A PERMABEAR BE
In Forex markets, it’s far better to be a trader rather than be an investor. It’s more preferable to make money when there is a strong uptrend or a strong downtrend. When an investor is experiencing drawdowns, a trader who’s good at timing entries would be raking in profits.

When a permabear is being pummeled in a market that suddenly becomes bullish, going protractedly northward, a trader that has a good system, who is good at timing entries would be raking in profits.

A trader goes long in a bull market and goes short in a bear market, truncating their negativity when caught in a wrong direction. On the other hand, an investor makes money only in a bull market.

In the modern markets, it makes more sense to be a trader, not a permabull nor a permabear.

Go short in bear markets and go long in a bull markets. Don’t buy and hold because a bear market can hold out longer than your portfolio may carry it. You can receive margin calls in the process. Strong pullbacks on Bitcoin is a good example.


FIND THE MARKET THAT’S MOST SUITABLE FOR YOUR STRATEGY
For example, a strategy that follows the trend would work well in a market that trends very well like, USDCNH, Bitcoin, Gold, Silver and other currencies that trend very well. It doesn’t mean that these trading instruments don’t experience consolidations, but it means they tend to trend more than other instruments like USDJPY and EURCHF. When you use a trend-following strategy on an instrument that tends to trend well, your results will improve.

There are also better results when a trend follower trades on an instrument which tends to move fast.

When you scalp, you would do well on trading instrument that moves slowly or tends to consolidate, just like EURCHF and EURGBP.

When you’re scalping in a highly trending market, your results can be worsened.

FIND THE RIGHT ENVIRONMENT FOR YOUR SYSTEMS
Locate the right environment for your trading system. Some trading systems perform well on Tuesdays to Thursdays only. Some perform well on Mondays and Fridays only. Some systems perform well from October to April only, while some systems perform well on May to September only. Some perform well during Asia sessions.

Please find the best months or weeks or days or times for your strategies. Find the best market conditions for your strategies and try to avoid periods and conditions that may not be favorable to you.

Conclusion:
Please don’t forget to use stops and risk very small per trade. Those who think they’re smart enough to avoid stop and low lot sizes, will eventually learn bitter lessons, no matter how good their strategies are.

I end this article with 3 quotes from great traders:

“Staying on the right side of the market is not always easy. But when it is, keep riding the easy move up while having a plan in place to protect your capital when the inevitable big pullback comes.” - D.R. Barton, Jr

“The markets don’t always cooperate with you. The winning trader is the person who questions a trading plan before executing it. He or she tries to anticipate what could go wrong, and thinks of ways to work around these potential setbacks. Being a healthy skeptic can be difficult at times, but the cautious optimist usually ends up making the most profits in the end.” – Joe Ross

“A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do.” - Ed Seykota


Source: www.tallinex.com

Tricks to winning the markets this year

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EURUSD: euro bulls have recovered 85% of their losses

On Thursday the 18th of January, trading on the EURUSD pair closed up. The pair started rising during the Asian session and gathered pace during trading in Europe. This rise was initially interpreted by traders as correcting the drop from 1.2288 to 1.2165. After taking 1.2220 (45 degrees), growth on the pair sped up to reach 1.2265.

Traders sold off the dollar in anticipation of a potential government shutdown as well as due to the publication of mixed US data. Growth in the number of housing starts in the US slowed down in December, while the Philly Fed manufacturing index came out lower than expected.

It was later revealed that Republican lawmakers voted to extend government funding to the 16th of February, so fears of a government shutdown have been put to rest for the time being.

My expectations for Thursday of a rebound from the 45th and 67th degrees didn’t come to pass. The mixed US statistics as well as fears of a government shutdown helped buyers recover 85% of the drop from 1.2288 to 1.2165 if we include today’s Asian session. The fundamentals turned out stronger than the technicals.

Upon reaching 1.2265, the price technically rebounded from the DTR1 trend line, but met with some resistance during its decline at the LB balance line at 1.2220. Buyers successfully defended this level and today, in Asia, the euro has renewed yesterday’s high of 1.2270.

The euro appreciated on the back of a declining dollar, supported by the crosses. I’ve adjusted the DTR1 line a few times after some false breakouts, but now that it’s actually been broken through, I’m turning my attention towards DTR2.

I lost sight of the A-A channel yesterday. It’s formed from three values: L 1.2195, L 1.2165, and H 1.2323. We need this channel to help us see up to which level we could see quotes rise in the event of a breakout of the DTR1 line. On the current bar, it runs through 1.2275.

The prospect of a US government shutdown has been sidelined for the time being. US 10Y bond yields are rising every day. Considering that I have two open short positions on the euro from the 45th and 67th degrees, I’m going to keep waiting for the pair to break down the lower boundary of the B-B channel. I may be wrong, but my pricing model on the hourly chart doesn’t look promising for the euro’s growth prospects. The euro is being propped up by the crosses, which is why we haven’t seen a decline on our main pair.
Source: https://alpari.com/en/

EURUSD: euro bulls have recovered 85% of their losses

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Is it a good idea to invest in binary options?

Within these, in recent years new products and mechanisms have emerged with which to operate and make money quickly, always resulting in high volatility then the question is how to make money with binary trade?

The binary options are an investment system in which you bet on the rise or fall in the price of underlying assets that are quoted in a stock market for a certain time. There are two types of system, cash or nothing, in which you earn an amount if the option expires when the option is quoted above the paid (in-the-money) or nothing in the opposite case (out-the-money) . The other system is active or nothing, in which the value of the price of the underlying asset can be gained.

The main characteristic of these products, is that it is about predicting if the price of a good will go up or down during a specific period and there are only two options, win or lose everything, hence the name of binary, and where Returns can reach 50%, 70% and 80%.

Naturally, it is a high risk mechanism due to its volatility and the amounts involved and where the operations last a very short time, sometimes up to a couple of minutes. Emulating a bidding system, and where speed in management plays a fundamental role with respect to other agents.

In the same way, it is also important to choose a good trading and operations platform that has the quality and legality necessary to carry out operations properly:

- Whether or not it is outside the law. In all countries (Spain too) there are official regulators that accept and approve the operators. It is a matter of vital importance.

Is it a good idea to invest in binary options?

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