😎😈Best Binary Options Strategy 2023 - 2 Min Strategy Live Session!🤑💶
Summary
TLDRIn this video, Kristian introduces his successful 'two-minute strategy' for binary options trading. He demonstrates how he turned a $100 investment into $150 in just 15 minutes using this method. Kristian explains the importance of avoiding volatile market times, setting up charts, and following the correct expiry times. He also discusses the optimal times to trade and provides tips for both novice and experienced traders. Viewers are encouraged to join his BLW Trading Academy for more in-depth knowledge and to follow his Facebook signals group for free trading signals.
Takeaways
- 📈 Kristian shares his successful 'two-minute strategy' for binary options trading, a method he has developed and updated over the past four years.
- 💡 He demonstrates how he invested $100 in a new IQ Option account, and within 15 minutes, increased it to $150 using this strategy.
- 🎯 The key to this strategy is using two-minute candlesticks and a two-minute expiration time for trades, specifically with USD, JPY, and CAD currency pairs.
- 📊 The strategy involves setting up three moving averages (periods of 6, 14, and 26) and an MACD indicator with default settings of 12, 26, and 9.
- ⏱️ For successful trades, you must place the trade when the blue line crosses the yellow line in either an upward (call) or downward (put) direction for a two-minute duration.
- ⛔ He strongly advises against trading during volatile 'three bull news' periods to avoid losses.
- 🕒 Best trading times are from 13:00 to 16:00 GMT, 18:00 GMT, and 22:00 to 23:00 GMT for this strategy.
- 📉 One common mistake traders make is setting expirations incorrectly; it's crucial to align expirations to even intervals set by the broker.
- ⚖️ Kristian recommends trading with 5-7% of your account balance if you're a beginner, while he personally trades with 10% as an experienced trader.
- 📚 He invites viewers to join his BLW Trading Academy and Facebook signals group for more insights, knowledge, and free trading signals.
Q & A
What is the two-minute strategy mentioned in the video?
-The two-minute strategy is a trading approach specifically designed for binary options. It involves using a 2-minute candlestick chart and setting the expiry time to 2 minutes. The strategy is based on specific technical indicators such as moving averages and the MACD, and it aims to capitalize on short-term price movements.
What indicators are used in the two-minute strategy?
-The two-minute strategy uses three moving averages: a 6-period moving average (green), a 14-period moving average (yellow), and a 26-period moving average (red). It also uses the MACD indicator with default settings of 12, 26, and 9.
How do you determine whether to make a 'call' or 'put' using this strategy?
-A 'call' trade is made when the blue 6-period moving average crosses above the yellow 14-period moving average, indicating an upward trend. A 'put' trade is made when the blue line crosses below the yellow line, signaling a downward trend. The expiry time for both types of trades is set to two minutes.
What mistake do many traders make when using the two-minute strategy?
-One common mistake is mismanaging the expiry time. Some traders incorrectly set the expiry time mid-way through the 2-minute period rather than adhering to the fixed intervals like 2, 4, 6, or 8 minutes, which could lead to losing trades.
What brokers are compatible with the two-minute strategy?
-The two-minute strategy can be used with brokers like IQ Option, which allows traders to set precise expiry times (e.g., 7:42, 7:44). Other brokers like RaceOption or Binarycent might not allow this flexibility, so traders need to carefully adjust the expiry time.
What trading times are recommended for the two-minute strategy?
-The best trading times for the two-minute strategy are from 13:00 to 16:00 GMT, 18:00 GMT, and 22:00 to 23:00 GMT. The creator recommends avoiding trading during highly volatile times or when major news is being released.
What is the significance of 'three bull news' in the two-minute strategy?
-The term 'three bull news' refers to high-impact news events that can cause significant market volatility. The video advises avoiding trading during these times as the market can behave unpredictably, increasing the risk of losing trades.
What are the potential returns from the two-minute strategy?
-The creator of the strategy claims that he was able to grow a $100 account to $150 in just 15 minutes, representing a 50% increase. Although results vary depending on the initial investment, a similar strategy can theoretically lead to substantial returns if executed consistently.
How much of your account balance should you risk per trade?
-The creator suggests that professional traders can risk up to 10% of their account balance per trade. However, for less experienced traders, he recommends risking only 5-7% to minimize the risk of significant losses.
What resources does the creator offer for learning the two-minute strategy?
-The creator offers an online course at BLW Trading Academy for a one-time fee of $25, where users can learn more about the two-minute strategy. He also runs a free Facebook signals group where users can get additional trading tips.
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