Sixty second binary options trading offers one of the most profitable forms of trading available.

This has also been a major contributor to the popularity of binary options trading and one of the main reasons why so many professional traders now consider trading binary options over the conventional forms of trading. The world of 60 second binary options trading moves very quickly and having a trading strategy is imperative to ensure continued trading success.

Candlestick strategy – Profitable binary options with a candlestick strategy

Without a strategy, purchasing binary options for such a short period is akin to gambling and something which will not provide consistency in profitable trading and will most likely end with a blown account. Candlestick charts provide traders with a visual indication of the strength of market price and future price movements as well as the existence of support and resistance.

By applying candlesticks to short term trading charts, binary options traders can observe patterns and individual price bars which would indicate a near-term movement higher or lower. Volume indicators can also be very helpful for 60 second binary options traders as these will demonstrate the level of trading activity in an underlying asset.

Ideally, 60 second traders are looking for a switch in market sentiment in order to confirm the movement of price either higher or lower over the next 60 seconds to ensure that their binary options expire in the money. One of the most useful ways to interpret market sentiment is to look for rising volume following a reversal signal.

Applying candlestick analysis to this, when an engulfing candlestick in the opposite direction to the short-term trend occurs at a recent high or low, a reversal movement is very likely to occur. On a 1 minute chart, if an engulfing candlestick is followed by one additional candle showing rising volume in the direction of the reversal then a 60 second momentum trade in this direction will have a high probability of success.

second Binary Options Trading Strategy using Bollinger Bands

There are many additional candlestick patterns which can assist binary options traders in successfully trading 60 second options. Many of these can be back-tested by viewing historical charts to ensure that they create the required immediate momentum to ensure that 60 second binary options close in the money.

Using the strategy above, the engulfing candlestick is one of the most reliable trading signals for short term reversal momentum and can be considered one of the most effective single-bar patterns for binary options traders.

Combining the fact that a rise in volume following this bar will indicate the validity of the market to move in the direction of the engulfing candlestick.

For those binary options traders looking to further increase the probability of success using this type of trading strategy, increasing the expiry time of the binary options and looking for similar opportunities on the 5 minute charts can also provide additional high-probability binary trade setups combining candlestick and volume analysis. Start trading Binary Options with: And profit payouts are among the fastest in the finance industry.

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60 Seconds Binary Options Reversal Strategy

Basic strategies using time-tested methods The world of 60 second binary options trading moves very quickly and having a trading strategy is imperative to ensure continued trading success.

Adding volume indicators to 60 second binary options trading Volume indicators can also be very helpful for 60 second binary options traders as these will demonstrate the level of trading activity in an underlying asset.

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Patterns and volume combined offer binary options trade setups There are many additional candlestick patterns which can assist binary options traders in successfully trading 60 second options.

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