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60 Second Binary Options New Setup

We are constantly looking for new methods to trade on the binary options market. Today we stuck to our 15 min. expiry and had a solid winner based on a nice resistance level after a solid move down throughout the morning. This trade came about just after nine o’clock this morning which allowed us to get a solid entry and closed several pips in our favor. We did go through a few pips of pain but that only lasted a short time.

The other trade we took today which was before the 15 min. expiration trade was a 60 second binary options trade. This trade was set up using a couple of resources on our chart. The first was the likelihood of the price gravitating to the pivot point again. We also had our stochastic indicator in place to allow us to see whether the price was shifting to the North or South side. At the time of entry we saw a nice move on the stochastic and a big bar on the candlestick chart.

We are currently investigating or should I say researching large bar candle trades on 60 second binary options. We recently downloaded a length of Bar indicator to show us lengths of candles and to alert us of longer than average candles. For example, you can set this up to alert you of the candle that is 10 pips long or any size for that matter. Once we hear the alert we usually set the option whether it is a put or call with in 30 seconds of the alert. This means the trade will be set for the following minute and not the current minute we are in. So you can actually get into the trade up to a minute of when the 60 seconds starts. Assuming that times are correct on the server and broker, we are able to get good fills.

Notice how in the image below the price had a huge bar and then bounced up three bars after that. Also consider the green area of the stochastic indicator crossing over the slower line. This is what we are looking for going forward on 60 second binary options. There is still a lot to research to be done.
60 Second Binary Options Trade

Just so you know, this is something we are researching at this time. Nothing is set in stone. Being a 60 second option you need to be on top your game and really quick to act for you to be successful at trading this method. Will have more information to come as we develop this technique.

Risk Disclaimer

Comments

  1. I am just starting out with binary. so far i have had a little success with finding a trend on the 5 mm chart , then using the macd w/ema, to confirm, then finding a set up with a fairley long trend candle folowed by a solid retrace bar and entering at the first indication of trend continuation. also look for whole number retrace and pivot or s/r reaction.

  2. Sounds like you are using some indicators to make your decision. You may want to lean more towards price action at these levels. I don’t use indicators outside of my support and resistance levels to find good trades.

  3. When you do 60sec. You get a 0.010 bar that notifies you…you place a 60sec in the same direction? On the chart shows long red bar down then goes up?

    • I haven’t been using the method, but usually when I see a 10 pip bar I will take an automatic reversal trade. These types of bars don’t occur that often making it difficult to trade.

  4. I see…what’s the best way to do 60 sec ttrades?

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