Binary Options Education

Trading Opportunities at Recently Created Levels of Support and Resistance

Aug. 05, 2014

August 3, 2014 Last Friday’s trading of the EUR/USD didn’t amount to much in the way of trading opportunities setting up at pivot points. Naturally, when the gap between them is large, it carries with it the reality that set-ups along them will be in less abundance. Daily pivot points are truly a favorite method […]

EUR/USD Trading for July 31, 2014 (1/1 ITM)

Aug. 03, 2014

1. The first trading opportunity I encountered was not as easy when it came to making a cut-and-dried decision about if and when to get into the trade. The market broke down below the pivot level during the 2AM (EST) hour, and tested and rejected the level at the onset of the 3AM hour before […]

EUR/USD Trading for July 29, 2014 (1/2 ITM)

Aug. 02, 2014

A bit of a unique set-up occurred when I first began trading, in that it’s not one that comes up frequently. Starting on the 2:10(AM EST) candle, a series of consecutive wicks occurred on each five-minute candle, showing an inability to break this particular price level before the daily pivot. Before the end of the […]

Trading Seasonality in Individual Stocks

Aug. 01, 2014

Seasonality refers to recurring patterns in asset classes, often due to a time of the year impact. For example, summer may push up the price of crude of oil as more people drive cars and go on holidays, or heating oil prices may be pushed up in the winter as more people require heat in […]

How To Draw The Best Trend Lines

┬áThis article is in response to a question I get asked, or see asked, just about every week. There are dozens of great answers out there but none seem to focus on the mechanics of actually drawing the lines and how that may affect your analysis. I began this article by grouping support, resistance and […]

Trading is Not About Prediction

Jul. 31, 2014

Sitting at dinner last night with several friends I was asked my thoughts on the stock market — a question I get asked numerous times each day. My response is usually the same “I am a trader, I don’t have thoughts on the what the future holds for the market.” I like saying it because […]

Small Pivot Point Range Trading: 3/3 ITM

July 28, 2014 The benefits of having a tightly constricted set of pivot points is that the market may provide several areas of congestion. When they are close together, it may take only a few five-minute candlesticks before the next one is met. It really can make for an exciting and active trading session, as […]

Random Advice From One Trader to Another

Jul. 30, 2014

The following is an email I sent to an aspiring traders based on some questions he had asked me. So with that in mind here are some random pieces of advice from one trader to another. These points are based on how I day trade, and I typically day trade on very short time frames […]

Trading Around News Time

Jul. 27, 2014

July 26, 2014 Trading when the news is released as a binary options trader can be risky. In forex trading, managing risk is relatively simple in that you can adjust your stop-loss to a given pip value and if you’re wrong and your stop is hit then you’re out just a little bit. If you […]