Win Binary Options and Scalping strategy harnesses the power of static and dynamic support and resistance levels, coupled with price action impulses, to capitalize on market momentum shifts. By identifying key levels and reacting swiftly to price movements, traders can enhance their chances of success in binary options and forex trading.
Strategy Setup:
- Time Frame: Utilize 5-minute or higher time frames for binary options (5 min, 15 min) and 5 minutes or higher for forex trading.
- Currency Pairs: Suitable for all currency pairs.
- Expiry Time (Binary Options): Opt for 2-3 candle expiry time.
- Indicators: Arrow 1, Arrow 2, indi 2, Vline, Support and Resistance.
Trading Rules:
- Buy: Look for price bounces off static or dynamic support levels, followed by the appearance of a buy arrow.
- Sell: Identify instances where the price bounces off static or dynamic resistance levels, confirmed by a sell arrow.
- Exit Position: Set initial stop loss above/below the previous swing high/low and aim for the next support/resistance line, or maintain a stop loss ratio 1:1.2.
- Additional Tip: Use buy and sell arrows at static support and resistance levels for optimal results.
Implementation:
To effectively implement this strategy, it’s advisable to have at least eight charts open simultaneously. The strategy’s precision makes it suitable for forex trading, particularly in 15-minute or higher time frames.
Win Binary Options and Scalping Strategy Free Download
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Conclusion:
Win Binary Options and Scalping strategy offers traders a systematic approach to identifying profitable opportunities in the market. By leveraging static and dynamic support and resistance levels alongside price action impulses, traders can enhance their trading outcomes and achieve success in binary options and forex trading.
Credit to forexstrategiesresources
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