Binary Options Channel
The channel trading on binary options is one of the most successful methods for option trading. Correctly identifying the channel and time to trade, you will be able to close in profits with at least 70% of trades. With such statistics, the size of your deposit will grow by leaps and bounds.
The best time for channel trading
This strategy works well in a horizontal market, in other words – on a quiet market with almost no trend. Due to the fact that during the day you can not find such places on the chart , you will get the most profit while trading binary options at night .
The European and American stock exchanges (which make the quotes so active) are closed at night, at this time the market is very calm and is almost horizontally flat. Therefor, defining the limits of the upper and lower border of the price channel:
you can make deals on the rebound from the walls of the channels and make this perfectly:
Rules for the strategy of “Binary Options Channel”
Now, the basic rules for trading on the strategy:
- Trade time: from 21:00 to 08:00 GMT.
- Assets for trading: EURUSD, USDCHF, GBPUSD.
- Term of expiry of 1 to 3 minutes (tested under Binomo trading platform).
- Transaction amount: 2% of the deposit amount.
- Broker for trading – a company with a minimum delay of the transactions execution.
To test the trading system, we have used the Binomo broker , which offers speed transactions of 5 milliseconds, without slipping prices and a minimum transaction bet, starting from $1, that allows you to start trading on the minimum amount of the deposit.
During testing, the strategy gave us a pretty impressive result – more than 70% of transactions closed with a profit. Testing was conducted on EURUSD asset profitability of options which is 85%. Therefore, in such good statistics of profitable deals, our trading balance has grown very quickly.
What is important, using the broker’s platform, you can test the strategy for free. The company offers to all new customers 25% bonus, sponsored by Binomo, and all the profits that you get can withdrawn from the account.