After being avid Binary Options traders for several years, we have now reverted to another form of online trading. Why? following extensive testing we find this new online trading platform to be more profitable, at least for us. You can find all about it here: www.bizmove.com/platform/
What made the difference is a unique feature that allow us to watch and copy the strategies and trades of the best performing traders on the platform. You can actually see each move the "Guru" traders make. This method works nicely for us. Since we started trading with this platform we noticed an increase of our successful trades and profits when compared to our former Binary Options platform.
Having said that, please note that all trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice.
Unfortunately this platform does not accept US traders. Click Here! For the best performing Binary Options platform that does accept US traders.
So your are on the look for free signals. Let's see what systems are available to traders and try to assess their usefulness. First, some brokers will offer free signals. Well, I wouldn't put too much weight on these for the obvious reason that I don't think that it's in the brokers' best interests to supply their customers with useful tips, thus I don't think this kind of signal systems are worth much.
Now, although we are considering free signals here I want to touch for a moment on the paid services out there. There are several binaries option trading signals offered online for a fee. These services claim to improve your winning chances, however none of them worked for me, this is not to say that they are worthless, I am just making a personal observation here. It may work for you, my advice is to try them, if you find any of them useful, fine, if not just drop them.
So, broker services don't work and paid services don't work either. what's left? You'll have to go the do-it-yourself rout and develop your own system. Don't worry, it's simpler than you think. I said simple I didn't said easy.
The first strategy you can sevelop yourself is a system based on the news. We know that news events drive market prices, good news will cause an uptrend and bad news will cause a down trend, these may be very short living but is just enough to help us win a trade. What you need to do is locate a news source that publicize the news as early as possible, you want to catch the news early enough so that you will be able to ride the trend at its very start, the earlier you catch the trend, the better your chances for a successful trade.
I'll now list several additional strategies that you can develop by yourself, these are all based on technical analyses. i will not elaborate on how each of this indicators work as this involve a level of technical analysis knowledge that is beyond the scoop of this article, however you can obtain this knowledge easily online, simply use the terms I mention below as your base for searching.
Binaries Trade indicators Based on Moving Averages
Moving averages offers you a hint regarding the way of the market, this is useful in discovering a trend. A trend is an effective entry signal. A drawback of moving averages is that they often leg the market therefore you may use short period moving averages, such as a 5- or 6-day moving average, to reveal the current price action.
Moving averages are the simplest and most used technical indicator. They are utilized for smoothing the price movement. Moving averages are used as a trend line which adapts to price modifications, not only as a standard trend line.
The Moving Averages strategy gives you the following signals:
If the closing price moves above the moving average - this is a buy signal.
If the closing price dips below the moving average - this a sell signal.
Binary Signals Based on the Crossover of Moving Averages
Crossover of Moving Averages is another strategy that can help you identify a trend. This comprises of two moving averages: a “fast” moving average (e.g. 10 bars) and a “slow” moving average (e.g. 15 bars). The slow-moving average needs to use a larger amount of days than the fast one.
A crossover is regarded as a basic form of signal and is preferred amongst numerous investors since it eliminates all emotion. The standard kind of crossover is when the price of an asset moves from one side of a moving average and closes on the other.
Price crossovers are employed by investors to spot changes in momentum and can be used as a simple entry strategy. A close above a moving average from below may suggest the beginning of a new uptrend.
The Crossover of Moving Averages Strategy gives you the following signals:
When the fast-moving average crosses the slow moving average from below - that's a buy signal.
When the fast moving average crosses the slow moving average from above - that's a sell signal.
Option Trade Signals Based on the Moving Average Convergence Divergence Strategy (MACD)
The MACD strategy is another indicator that is useful in identifying trends. This indicator take advantage of the relationship between two moving averages of prices.
Most traders use the difference between a 26-bar exponential moving average (EMA) and the 12-bar. This difference is then plotted on the chart and oscillates above and below zero. A 9-bar EMA of the MACD, called the "signal line," is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.
The MACD strategy can be used in various ways, however the most popular is to use the signal line for entry signals as follows:
When the signal line crosses the MACD from below - that's a buy signal.
When the signal line crosses the MACD from above - That's a sell signal.
Developing Indicators Based on the Williams Percent Range Indicator (Williams %R)
The Williams %R strategy developed in 1966 by Larry Williams. Its purpose is to help identify overbought and oversold positions in the market.
This indicator is categorized as an “oscillator” because the values vary between zero and “-100”. The indicator chart usually has lines drawn at both the “-20” and “-80” values as alert signals. Values between “-80” and “-100” are interpreted as a strong oversold condition, or “selling” signal, and between “-20” and “0.0”, as a strong overbought condition, or “buying” signal.
The Williams %R strategy gives you the following signals:
When the indicator has a value above 80 - that's a sell signal.
When the indicator has a value below 20 - that's a sell signal.
Indicators Based on the Relative Strength Index Strategy (RSI)
The Relative Strength Index strategy is yet another overbought/oversold signal. it was created by Welles Wilder.
The goal of the Relative Strength Index (RSI) is to determine the comparative changes that occur between the higher and the lower closing prices. The index is used by traders to determine overbought conditions and oversold conditions which then provides them with highly useful info to help establish entry points and exit points of the underlying asset. The RSI is an oscillator and its line ‘oscillates' between the values of zero and one hundred. The values of 70 and 30 are viewed as significant values since above and below them are the overbought and oversold areas respectively. Just about any value above 84 is regarded as a very strong overbought situation and produces a ‘sell' signal, while every value below 15 is regarded as quite a solid oversold situation and produces a ‘buy' signal.
The Relative Strength Index Strategy gives you the following signals:
When the RSI crosses the 70-line, overbought-zone, from above - that's a sell signal.
When the RSI crosses the 30-line, oversold zone, from below- that's a buy signal.Trading RSI signals Video
A Strategy Based on the Bollinger Bands and Channels Strategy
"Bollinger Bands" incorporate a moving average and two standard deviations, one above the moving average and one below. The main thing to understand about Bollinger Bands is that they consist of up to 95% of the closing prices, according to the settings.
Trading Bollinger Bands can assist you to fully grasp a number of characteristics of an asset such as the high or low of the day, whether a stock is trending, as well as whether it is volatile or stable. Sometimes while trading Bollinger bands, you will notice the bands coiling really tightly which indicates the stock is trading in a narrow range. This is actually the trigger to look at for a price breakout or breakdown. Often large rallies start from low volatility ranges. When this occurs, it is termed as "building cause", this is actually the calm before the storm.
The Bollinger Bands Strategy gives you the following signals:
When prices move above the upper Bollinger Band - that's a sell signal.
When prices move below the lower Bollinger Band from below - that's a buy signal.
Sidebar: you are invited to visit our car insurance information section featuring a list of articles that may save you hundreds of dollars on your motor vehicles quotes. In full coverage auto insurance you'll discover helpful tips to getting cheap quotes. For information on how to get cheaper quotes on shorter terms see one month car insurance and also short term car insurance. For first time drivers information see cheap car insurance for new drivers. How about obtaining cheaper premium rates for mature women? no problem, look here, best insurance for new drivers over 25 year olds.
If you are interested in a half year duration see 6 month car insurance for helpful tips on the topic. How about getting more favorable premiums costs for younger drivers? see car insurance for 17 year olds and motor car insurance for under 21 and vehicle insurance for male and female under 25 years old. Here is another list of drivers insurance useful articles,
As for helpful tips regarding no deposit premium payments see car insurance with no deposit and for a list of low cost brokers, agents and companies see car insurance with no deposit companies. Read the following informative article if you are looking for better rates for the young drivers in your family, cheaper vehicle insurance for young drivers. Now, for discovering new ways to get lower quotes go to general car insurance Read this article if your after high risk car insurance information.
How about getting a better deal on first time driver? just click the link. It may come a time that you'll be interested in canceling your policy, use this article for the instruction of how to do it. Our drivers insurance hub page features a list of guides that can surely help you get dirt cheap car insurance for teens drivers rates. For those of you who seek cheap quotes for a shorter term policy, read this article. and here are tips and advice for special interest groups such as young drivers and temporary insurance.
If you have first drivers in your family look here for useful advice regarding cheap drivers first car insurance on getting very very cheap car insurance quotes, other types of policies can include the following: no deposit car insurance, pay monthly, insuring classic cars for young drivers, getting better deal on cheap liability car insurance cost, locating good rates for new drivers. how about if you are interested in pay as you go auto insurance? yep there is a guide for you. And here is a list of car insurance companies cheapest. And the list concludes with a way to calculate car insurance estimate without personal information.
Disclaimer: While every effort is made to ensure that the content of this website is accurate, the website is provided “as is” and Bizmove.com makes no representations or warranties in relation to the accuracy or completeness of the information found on it. While the content of this site is provided in good faith, we do not warrant that the information will be kept up to date, be true and not misleading, or that this site will always (or ever) be available for use. Nothing on this website should be taken to constitute professional advice or a formal recommendation and we exclude all representations and warranties relating to the content and use of this site.
Copyright © by Bizmove Binary Options Trading Center. All rights reserved.