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.