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Hedge the news with Binary Options Good Day traders, In this article I am going to explain you a very simple but effective system from which you can make a sure profit using binary options. I use this strategy sometimes, mainly when we have news realises. Where is the problem with news realises? The market always is makes the big move some seconds after the announcement.
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What is the Best Binary Options Broker? Binary options trading hinges on a simple question — will the underlying asset be above or below a certain price at a specified time?
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News Trading Strategy: Knowing What to Trade Trading the news in binary options entails having to know what assets to trade and when to trade them. The easiest way to do this is to follow an economic calendar that will show the most important and influential economic releases and which currency assets will be affected directly and also to what degree. This approach is quite straightforward but in order to time your trades well you will need to refer to technical charts for entry points and have your chart window open while you wait for the news release. Depending on the time frame you will be trading you can set your charts to 5 or 15 minutes candles.
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Learning how to use it effectively for your own purposes is going to be a helpful short term trading strategy, and for beginner binary options tradersit is often one of the best places to start, depending upon your background. Regardless, knowing how to use it right will only help you to find more money making opportunities. This makes it more than worthwhile for you to know.
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Breakout Strategy A pullback is a temporary change in the direction of the price. It doesnt signal a new trend, since the price continues the trend after the pullback, but this phenomenon can cause you to lose some of the trades. You need to be responsible enough with your money and not allow yourself to fall into lose a significant sum of money because you were so sure in the trend. Establish a base investment you make every time and dont increase it.
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