The first and the easiest to-understand the basic concept of trading in binary options, and that is that the trader can buy a call option (call option) or a put option (put option). He has to choose the “right” option, depending on whether a price rise (call) a fall in the expected (put) of each Underlying. To make a forecast at all, it needs data and information on the Underlying.
Available to him for this are many reputable sources, can tap into it, especially since the financial market and the economy in the long-term focus of all media.
Technical analysis and indicators
Granted the attentive observation of the market economy and the latest news from the world of finance /especially their evaluations/ are enormously powerful tools for predicting future trends. Firstly it is requires the reading of market reports and news time. Indispensable are also the first understanding of the market and second, your critical faculties.
The graphic images – the charts – however, are not only meaningful, but also much faster to read and interpret. Therefore, the chart analysis /in particular, the respective indicators/ a more comfortable tool that can be used to define its own binary options strategy.The good thing about technical analysis is that the trader can choose himself, satisfied that chart forms. On top of that, he can combine different indicators.
The absolute strength of the charts in the last analysis, they show that the price movements in the past, which is for confident and experienced chartist a great help to predict the future. Especially since the same graphical pattern in a chart may have different backgrounds, they must also be interpreted in different ways. They are combine with a lot of experience also chart analysis (referred to as fundamental analysis) and market analysis (referred to as technical analysis).As a trend chart and a trend line support, binary options strategy.