This strategy was designed with two goals in mind; to reduce risk and build capital slowly and steadily.

After reading the strategy I wonder if the traders at BinaryOptions. The strategy is based on a variety of tools including the zig-zag indicator and Fibonacci retracement. To start, simply draw a Fibonacci retracement from the first two zig-zag peaks on your chart.

This sets up the trend for the analysis. If the second point is higher than the first point the trend for the Fibonacci is up, if it is lower then down.

Binary options trading strategy that generates % return.

In order for the signal to be valid traders are instructed to wait for these three criteria: I always like to start out with why a tool or strategy does not suck because we are here to weed out the bad and discover the good.

What I found was a strategy that is so confusing, contradictory and complicated that there is no way a newbie can use it successfully. First, the authors completely fail to reveal what time frame charts to use. Near the end of the article they tell you to use minute expiry but this just leads me to another point.

This is not a long term strategy. Too much is taken for granted. I am fairly experienced and can read between the lines but can a newbie? Or someone caught up in market action? They tell you to use a Fibonacci but do not specify if it is a retracement, arc, fan, time series or Fibb-Gann retracement.

Adding to the confusion is a very wishy washy set of criteria for this perfect set-up. To cap off why this strategy sucks lets also consider the instructions to wait for prices to move outside the red channel.

What is the red channel, where did it come from and why is it here? And what is a vale chart. I may be showing my ignorance here but when I Google value chart, forex value chart and stock value chart all I got nothing relevant.

Well, I think you may already know what my last thoughts are on this strategy….. As written and instructed this strategy is useless. There is too much analysis, too many advanced charting techniques and not enough information. A new trader will get tangled in the process and likely lose money. Michael — where did you get the money management bit from?

Real Binary Options Reviews - Based on my Real Trading Experience

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