I took an indicator and template that I designed with my brother and had previously shared in the members area of Binary Options Tutor and went to work developing hopefully a simple new use for it. I want go into great detail on the theory here because that is outside the scope of this simple strategy but essentially they are an alternative to pivot points.
Government Required Disclaimer - "Stocks, Options, Binary Options, Forex and Future trading has large potential rewards, but also large potential risk. There are also better, highly efficient strategies but they require much more knowledge and expirience from the market that is why they are not recommended for traders that are new to this.
I like this strategy a lot because it incorporates the Aroon indicator to factor in time a little bit and also some envelopes along with Murrey Math lines to factor in price levels in the top window. You must be aware of the risks and be willing to accept them in order to invest in the stock, binary options, forex or futures markets.
Before deciding to trade, you should become aware of all the risks associated with binary options trading.
Strategies that you will read will be easy to understand for you and will give you a good base for your future trading expirience. Don't trade with money you can't afford to lose especially with leveraged instruments such as binary options trading, futures trading or forex trading.
Remember to practice first in a demo account before going live and remember Binary options involve risk so never invest money that you can not afford to lose. It is great for a novice trader since it is really simple tos tart with and later can be used with other strategies.FINALEThese are the strategies that you should atleast read if not learn.
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