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Showing posts with the label #forex

Best brokers for binary options trading?

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Many brokers offer binary options trading but the following are well reputed and globally recognized ones. The below order is not necessarily their ranking but just a list item. IQ Option Olymp Trade Binomo Pocket Option Remember, always choose a broker that's based in your country or the broker in a country where it is easy for you to transfer or receive money. If you like to open an IQ Option account, register for a free demo account with 10,000 dummy dollars Check out my  official website for more details on binary trading. Learn how to trade with pure candlestick psychology for free Related article:  How to open a Binary Options trading account with IQ Option?

Can I use Binary Options Trading Strategy for Forex Trading and vice versa?

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 Yes, as long as you are using the same time frame candlesticks to refer to both Binary Options or Forex chart and the trading strategy is intact. Whether you use binary options strategy on forex or vice versa, you will get the same results because price action is globally the same on a similar time frame. Remember, the trading strategy will work in the same way it works in binary options. This might not be useful for forex, as in forex we usually keep the buy or sell lot open for a longer time than the binary options. For example, if you have a working strategy of 1-minute candlesticks, that will work fine for both binary options or forex 1-minute candlesticks. Related Binary Options FAQ:  What is Binary Options Trading? Learn, How to trade Binary Options with a candlestick analysis for free  Check out my  official website for more details on binary trading.