Michael Hodges

The GCAD Indicator From ITM Financial Comes With A Catch

Dec. 14, 2013

Is free really free when it comes to a binary options signal provider? Usually not and that is what I found when I was checking into BinaryoptionstradingITM.com. This is a supposedly 100% freeĀ  binary options indicator service, I say supposedly because there is a catch. In order to get the free service you must sign […]

How Safe Is Safe24Option.com?

How safe is Safe24Option.com? I’m not to sure, from what I can tell there are some serious red flags you should be aware of. Of course I’m also sure that as an astute binary options trader you wouldn’t fall for some wannabe broker trying to piggy back off of a good broker’s name. If you […]

Binaryoptions-live-signals.com Review

Dec. 12, 2013

Binaryoptions-live-signal.com (Bls.com from here foreward) is yet another binary options signal service claiming to have the highest returns. This SSP uses a Skype interface to provide real time signals from a group of professional traders. They have a variety of packages available and all for free, kind of. There is no fee for the service, […]

Oscillators And Convergence Theory For Binary Options

Dec. 08, 2013

This is the third in a series on how to use oscillators with technical analysis I have been writing. In previous posts I discussed what an oscillator is, two rules for trading with oscillators and how to use it to predict potential reversal. In this post I will go into more depth about convergences. To […]

Two Rules For Trading With Oscillators

Dec. 05, 2013

Oscillators are among the most common and widely used technical indicators. That is because this type of analysis can be applied to any time frame, any asset class and even to other indicators. For the uninitiated, an oscillator is an indicator that displays beneath a chart and appears as a wavy line moving above and […]

Profits In 60 Seconds, Dot Com

Dec. 03, 2013

Many web sites make this claim. The ability to profit, or at the potential to be profitable, in 60 seconds. One minute. The shortest available expiry for most binary options traders. The riskiest and most unpredictable time frame to trade, in my opinion. The movement of the markets on a minute to minute basis are […]

A Look At Moving Averages For Binary Options

Nov. 30, 2013

Moving averages are one of the most basic and least talked about technical indicators I know. It seems surprising, nearly every strategy article or analysis will include some mention of a moving average but few actually talk about them. Binary options traders should find them especially useful; moving averages can provide reliable directional entry signals […]

How Proper Position Sizing Can Mean More Profits

Nov. 26, 2013

Money management is the key to successfully operating a binary options trading account. You can never allow your self to risk so much on any one trade that it could wipe you out. Trading $100, $50 or even $25 at a time may not seem like much but if you opened your account with the […]

Why You Want To Trade A Lot

Nov. 25, 2013

This may seem counter to what many resources for traders will tell you but you really do want to trade… a lot. I know that the voice of experience will tell the new trader that you don’t have to trade all the time, you don’t need to make lots of trades and you certainly don’t […]

Using Ranges For Trading Shorter Time Frames

Nov. 24, 2013

Forex pairs are often the perfect assets for trading shorter time frames. This is because they tend to trade in ranges as the competing central banks jockey back and forth for dominance over the global economy. These ranges tend to last for extended periods and can be quite narrow, especially when compared to other assets […]