Binary options tick trading strategy review
What we are looking for is to catch a trend no matter if it is an upward or a downward one. I am using one minute chart and tick chart where one candle represents trades on the pair. Basically when you have 2 candles from the same color confirmed with orders you can give a shot. If you win, just continue to buy options in the same direction till you lose. When you have lost wait to see if it is just a pullback after which the trend will continue in the same direction.
Usually trends continue 5 to 10 min but if you are lucky it might last even 20 min. That means if there are for example 3 pullbacks on a 20 min trend — 17 successful trades.
If after a pullback you lose again just stop and wait for a better trend. When an uptrend starts you have to buy 60 seconds Call options and if a downtrend starts buy 60 seconds Put options. Set up your budget in a way that you can afford some losses in case of pullbacks. More experienced traders can perform this strategy on up to 3 brokers at the same time but if you are a beginner I would recommend you to use only 1 broker. Three brokers will multiply your winnings by 3 but it might multiply and losses so be cautious.
As you see on the chart a 19 min downtrend which started at 2: I entered the market on the third red candle and performed 13 successful trades and 4 unsuccessful.
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