Trend Is Your Friend Binary Options

Hey everybody,

If you read my previous articles you will discover that in the well-nigh of them I ordinarily focus on reversals. In this commodity I am going to talk nigh the ways and techniques which I use to merchandise with the trend. I am certain that yous have heard many times the expression "Trend is your friend". It sounds so squeamish and easy but believe me information technology'due south non and so just.  If you want to trade with the trend firstly you must know some of import things like : When does a trend brainstorm? When does a trend end? When do we accept a reversal? Which is the general moving-picture show? In this article I will respond these questions one by one.

Let's see our outset screenshot.

The virtually important thing for me in a trend is this picture. You can see that we accept a down trend here. In the showtime blue box we have our high. Await at the cost behavior. Subsequently the first blueish box the cost is moving down, makes a support and information technology'southward trying to come back but information technology tin can't. Information technology makes a high lower than the previous. This is a lower- high. After that, in the adjacent blue boxes we accept again lower highs, the price is trying to come back merely every time it makes a high lower than the previous. On the other hand , in an uptrend nosotros have the opposite, college- lows. This is a clear trending marketplace for me. So, the next question is when we should jump in the trend.

Here you lot tin can come across the aforementioned screenshot merely I drew the Fibonacci retracements of the leg A-B. In previous articles I said how to depict and trade an ABCD blueprint. Many times as you know I use information technology in ranging markets and I trade reversals in letter of the alphabet D. In a trending marketplace like this I don't recommend to merchandise a reversal in letter D. The key letter for me now is C. The price makes a support in B and some minutes later on make a  fifty fib retracement in letter C. The key fib levels for me are 50, 61.8 and 78. six . In alphabetic character C you have the take a chance after the retracement to take a put and brand a solid trade in the direction of the general trend. You can practise the same thing in the next blueish boxes.

With these 2 easy ways you lot can have the general picture of the market. Yous should also cheque with the aforementioned way the marketplace in a bigger chart like the 5min nautical chart. Information technology must has the same motion picture if nosotros are in a clear trend. All these are practiced but they are not enough. This condition is creating new questions like: Should we jump in 50 fib?Should we await for a bigger fib retracement like 61.8 or 78.6?At that place is the risk to take an early trade and loose your money. To place the correct entry we will need some confirmation. Stay tuned!

Kind Regards,

Kostasze

Trend Is Your Friend Binary Options,

Source: https://www.binaryoptions.net/ways-to-trade-with-the-trend-part-i/

Posted by: mooreofeen1984.blogspot.com

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