Binary Options Strategy for the EUR/USD

Binary options trading involves trading binary options on the same underlying assets that you are familiar with in the everyday InstaForex. Today, we will look at a simple way of trading the EURUSD binary option using a strategy that is ordinarily used to trade the EURUSD. Why Trade this System? One of the main reasons we chose the EURUSD as the underlying asset of choice to trade this system is because it is the currency pair that is traded the most in the forex market. This ensures that as a binary options instrument, it is available for trading all day long and will have good liquidity, enabling you to get good pricing. You will not have to buy costly bets that will have a greater risk than reward. If you are a trader starting out in the binary options market, this is a great way to start your trading. This system can be used to trade the Rise/Fall variety of binary options. If your broker does not offer this trade type, you can opt for the High/Low variety or the Touch/No Touch binary option. Setting Up the System: Most binary options brokers do not provide charts for use in trading analysis, so you have to get the charts yourself. Since the underlying instrument is a forex instrument, you can easily get a chart by downloading an MT4 platform from any of the popular forex 

brokers like The strategy in question is to be implemented on a 30-minute chart, and the strategy will make use of the following indicators: 1) MACD (12, 26, 9): This is a momentum indicator that shows the strength of the signal. 2) Parabolic SAR (default settings of 0.02, 0.2): This is a trend signal. Here are the trade rules for this strategy. BULLISH SENTIMENT: In order for the EURUSD to go bullish, we wait for the Parabolic SAR indicator to indicate a buy signal, which occurs when the stars of the Parabolic SAR indicator appear below the price action on the chart. We also wait for the MACD lines to cross from negative to positive.

Facts For Your Currency Trading Success

The most important fact to accept is that currency trading is a game of odds not certainties, predicting the market and scientific theories, and pinpoint accuracy is a lie perpetrated by vendors and they won't give you success. You're like a successful card player simply playing the high odds but instead of hands their trading opportunities. You bet big when the odds are in your favor and fold when there not it really is that simple and it will make you a lot of money, if you do it correctly. Accept that you have to have confidence in what you are doing (which comes from self education and knowledge of your personality) this then gives you the discipline to follow your currency trading system. Of course - If you can't follow your currency trading system with discipline, you have no system in the first place! Markets can be frustrating and you have to wait for the right opportunities but you can win, if you get learn currency trading the right way. Now lets look at your method for currency trading success joining InstaForex the best broker above all: 

What Is Forex Market?

FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates. In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time. Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar. Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day. If you want to become a trader, you are welcome to join InstaForex's community: 

Rush For Profits Trading Forex

In order to survive at the forex market you have to limit your losses maximally and make more profit than losses. It is easy, isn't? But why the majority of traders can not comprehend this trader's law? Because of psychology? Now let's return to the topic of this article, set a goal to take pure 20 pips every day while trading. I know, it sounds really boring. Not so attractive as orders on 100 pips. But you trade to make money and not for fun, don't you? Otherwise you will go broke very soon. Let's fix in our mind that this is a serious business which gives you profit. The newbies should try mini-accounts where one lot has a size 10000 USD. First I want to discuss with you margin level and how to determine trading leverage. Very often Brokers promote leverage 400:1. If you think that trading with the leverage 400:1 is a good idea you are just a fool. The required guaranteed deposit for position opening will be extremely low. It is not so bad, isn't it? I think that it is good too but it is not always so. Remember that leverage increases not only your profit but losses as well. If you open positions with leverage more than 5:1 it is a way to ruin. In fact you may count your leverage if you correlate the size of opened position with the balance of your account. For example, if the volume of opened position equals 250000 USD and you have 10000 USD on the balance your leverage is 25:1. The leverage 25:1 is a dangerous level, if you do not want to finish your trading career in several months. As soon as you find your way and start to win you may return to the problem of leverage. Want to start it right now? Follow me to InstaForex's company:

How Opening a Trading Account?

When opening a trading account with a brokerage firm, you will be asked whether you wish to open a real account or a demo account. The difference between a real account and a demo account is that a demo account allows you to use your virtual money given to you by the broker when you choose to open it. With such a money you will learn how to work in trading if you are a newbie in the forex market. With real accounts, you can only use the available cash in your account to pay for all your options trades. When you make you first deposit, a bonus from 40¨% to 80% is granted you to use without risking your money upfront. There is usually a minimum deposit required to open a trading account. The amount required depends on broker that you have chosen to work with. Little or no deposit is required to open a cash account while Instaforex regulations require a deposit of at least $1 to $100 to open a real account. You can find this kind of opportunity offered to you by Instaforex with peace of mind: 

How To Opening an Optional Trading Account?

The most important thing you need to do to start trading is to set up an on-line trading account. It is quite simple to organize and the companies provide step-by-step instructions. It may take a little time though, so get started now. There are various considerations in choosing your trading account. The first factor in determining the type of account to open is how much money you have to invest. Trading in options only, requires very little start-up money. You can do this with just $200. This type of account will enable you to follow my recommendations though- most of my trading is in options. A basic options account for beginner needs a minimum start-up of $200. This account will enable you to trade in options; however it doesn’t allow you to trade as often as you may wish. And Friday is not the best day to trade for a beginner. I frequently buy and sell options on the same day from Monday to Thursday from 7:00 GMT+2 to 22:00 GMT+2. A regular options account allows you to trade, buy and sell within the same day. To have the flexibility to follow most of my recommendations, you would need to set up on-line option trading account with