day. This time, I used.32892 as a support level (old resistance turning into new support) to take a call option. Essentially, whenever price rebounds against resistance, you should activate a PUT option. You then need to draw the trendlines by connecting the series of lower highs for the upper trendline and the lower lows for the lower trendline in the case of a bearish channel, as illustrated on the above chart. A sustained breakout should subsequently be assessed as a strong recommendation to initiate a new trade. These pricing anomalies however, dont tend to last very long. Revise your approach to trading if you start making net losses for several days in a row. This 60 seconds BO strategy is doing it the right way it combines technical indicator (chart average. As anyone may know, volume is essential when it comes to trending assets. Of course, you can jump into a live account and press Call/Put button listening to your intuition but that will not end up well for your financial prosperity.
This is because computer algorithms are designed to scour the market and locate these discrepancies. Try to keep a trading log. For example, GTOptions offers 75 on 60 Seconds for some currency pairs and commodities. The source of the inconsistencies is in the fact that brokers know only their own traders positions and have no knowledge of the situation in the market as a whole. #3: A third put options.32817. There are three important disadvantages to it. While some websites show screenshots of statements full of winning trades, they are hardly proof to anything.