To provide a baseball analogy, a hitter who normally maintains a batting average of. On the other hand, in that same span, he might hit. Continue to consider price action e. But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice.

To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. On the first re-touch of 1. This trade won. This trade also won. This trade lost, as price went above my level and formed a new daily high. I took a call option on the re-touch of 1.

Price was holding pretty well at 1. On the candle, price made its move back up to the 1. On a normal move, I would take a put option there, but momentum was strong on the candle nearly six pips so I avoided the trade. So my next trade was yet another call option down near where I had taken call options during my previous two trades.

However, since 1. I felt this was a safer move as just half-a-pip can be crucial in determining whether a second trade is won or lost. Please rate this Article. Facebook Twitter Pinterest LinkedIn Digg Tumblr Email Reddit Buffer Flipboard Telegram. Author: Forex Wiki Team. We are a team of highly experienced Forex Traders [] whose only purpose in life is to live according to our own design and desire. For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable.

Remember Me. Don't have an account? Sign Up. It is hard to know what a certain price is going to do over the course of just seconds so winning these trades is not easy.

It is possible and plenty of people do it but it is not something that you can just start banking crazy money without skill. Wise, young grasshopper it is smart to research the best places to trade and especially the places to avoid. I will not keep you in suspense where you should be betting sixty second options.

Good question, the force is strong with you. Learn from others mistakes and go with the reputable binary options websites. There are only a few worth trading at.

We can safely count on one hand the sites we would deposit and trade sixty second options at. And those are the few listed above. There are plenty of other brokers out there that offer this speed of expiry however we do not trade there. The one exception I would like to take a minute to point out is the fantastic broker that is now no longer available to US binary options tradres.

If you are outside of the US, Banc De Binary www. com is another fantastic choice for the 60 second trades, however in January of they stopped accepting US traders as they are attempting full regulation via the US regulators and have temporarily stopped accepting US traders to get the proverbial ducks in a row. Most traders use price action trading when dealing with the short expiry times. This means watching the candlestick charts to see what price is doing in near real time and finding entry points that make sense.

IE, price has been going up but there is always a mini rebound along the way. There are plenty of strategies that can be found searching the trading forums like trade2win or binaryoptionsdaily. However there is a very limited selection of quality signal service providers.

For one, I simply felt like breaking things up a bit for my own enjoyment. Therefore, introducing some second trades into my blog can serve to lend some advice on how I would approach these.

Also, it is more difficult to be as accurate with these trades as the minute trades, due to the inherent level of noise on the 1-minute chart, in my opinion. Find support and resistance levels in the market where short-term bounces can be had.

Pivots points and Fibonacci retracement levels can be particularly useful, just as they are on other timeframes while trading longer-term instruments. Take trade set-ups on the first touch of the level. For those who are not familiar with the way I normally trade the minute expiries from the 5-minute chart, I normally look for an initial reject of a price level I already have marked off ahead of time.

If it does reject the level, this helps to further validate the robustness of the price level and I will look to get in on the subsequent touch. Expectedly, this leads to a lower volume of trades taken in exchange for higher accuracy set-ups.

To provide a baseball analogy, a hitter who normally maintains a batting average of. On the other hand, in that same span, he might hit. Continue to consider price action e. But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice.

To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. On the first re-touch of 1. This trade won. This trade also won. This trade lost, as price went above my level and formed a new daily high.

I took a call option on the re-touch of 1. Price was holding pretty well at 1. On the candle, price made its move back up to the 1. On a normal move, I would take a put option there, but momentum was strong on the candle nearly six pips so I avoided the trade. So my next trade was yet another call option down near where I had taken call options during my previous two trades.

However, since 1. I felt this was a safer move as just half-a-pip can be crucial in determining whether a second trade is won or lost. However, the minute after this trade expired in-the-money, the market broke below 1.

Nevertheless, this trade did not win as price continued to climb back into its previous trading range. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward.

But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1.

I had intended to take a put option at this level on the candle, but price went through it quickly and closed. And then for maybe seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry. I did end up using the 1.

I took a put option on the touch of the level. But price busted through and this trade lost. This time, I used 1. This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. It turned out to be a winner.

So I decided to take a put option at the touch of 1. This trade turned out to be a nice four-pip winner. This was another good four-pip winner. After that I was waiting for price to come up and see if 1. Also, I was feeling a bit fatigued by this point and decided to call it quits for the day. But, in general, I have faith in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to apply it to any market or timeframe.

I also enjoyed toying around with the 1-minute options, as it was a new experience, and I would definitely consider adding more second option days into my regimen in the future.

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Professional trader signal services are a great addition if you are betting big bucks but are certainly not required to win. But without further ado, I will show you all of my second trades from Monday and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots. September 5, Posted by: Forex Wiki Team Category: Binary Options No Comments. Place your bets!

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