This is a fairly successful trading strategy for analysis on Madrid binary options. This analysis system is simple and suitable for working with different timeframes.
Be extremely careful when working on the strategy at the time of the release of important economic news.
Binary options today are a well-known trading tool, opening positions on options to the most ordinary people without additional skills and education. Trading strategies are designed to facilitate investor analysis. Thanks to effective trading strategies, players can make a correct forecast in the direction of the price of an asset.
Among the trading strategies there are those that will be understood by traders with an initial level of knowledge, there are basic systems of analysis, and there are techniques for experienced investors.
The Madrid trading strategy is also suitable for trading on short time intervals. Due to this characteristic, you can open several positions almost simultaneously, because several signals are generated at once.
So, to start trading on binary options, go to the trading platform. On the spot, you need to specify your forecast for the dynamics of quotations of the trading asset of your choice. Getting confused in the direction of the price is difficult; the price can go either DOWN or UP.
It is important enough that your broker’s trading site works quickly and without lag. In our opinion, the binary options broker offers a good platform for buying options with the maximum range of trading tools, assets and functions.
Brief Summary of Binarium:
Before working on a trading strategy, you need to open the online quotes chart, available here:
Next, you need to add an indicator for the analysis of the Madrid Moving Average Ribbon to the chart.
The following actions to work on a trading strategy:
By adding the Madrid Moving Average Ribbon indicator to the chart, you will see green and red trend lines.
Conditions for buying options
We buy an option down:
We buy the option up:
Now let's look at the strategy with an example:
See the green wave, the price has reached the border.
Go to the trading platform of the broker Binarium and buy an option up.
Now focus on the chart, how the price has changed.
The price increased, our forecast was correct.
At the close of trading, a profit of $ 182 was received.
You will also be interested in:
- 5 advantages of trading with Binarium
- Trading on binary options according to the Bollinger Line strategy
- Binary options with a deposit in rubles for OlympTrade