The 6 best Binary Options Trading Strategies that work 2024
On this site, we will show you our best 6 Binary Options Strategies. They have hit rates of over 70%. You can easily use it in every timeframe like 60 seconds or higher expiry time. Also, it is possible to use the Martingale strategy to improve your results. The best one is called the “False Breakout Strategy”. It works on every asset and in every timeframe. Learn to trade profitably in a few moments. Look at the picture below for the first impressions.
If you only trade this style of trading, it is possible to make a lot of money. In the next chapters, we will provide you with more information to win against the market!
List of the 6 Best Binary Option Trading Strategies:
- False Breakout Strategy
- Follow the Trend Strategy
- The Rainbow Strategy
- The Candlestick Strategy
- The Money Flow Index Strategy
- The Turtle Strategy
One wrong prediction can make you lose a handsome amount of money. Therefore, it is essential to establish certain binary strategies to manage risk and money. Mentioned below are the top trading strategies:
1. False Breakout Strategy
The False Breakout strategy is the most accurate way to trade the markets. Trading breakouts do not work very well. We have tested it many times in the past (We will show you the reason why it does not work well below). After a breakout, the market comes back most of the time.
All you have to do: is search for a level (high/low or support/resistance) and wait for the market to break the level. If the market comes back, you can go short (put) and long (call).
False Breakout: The market breaks a high/low or support/resistance and comes back to the level, and stays under/upper the level. Support/resistance is more than one high/low in a row. You can use this method in any timeframe and with any asset/market. It is universal. See the picture below!
Theoretic method
Why does this Binary Options Strategy work so well?
For this question, it is important to have more knowledge. At highs and lows are a lot of stop-losses from other traders in the market. Professional traders use this knowledge to get high liquidity for their own positions. They quit or open a trade where high liquidity is. In most cases, they will fake this breakout, or the market will turn because of closed positions.
There are a lot of traders who will trade such breakouts. Algorithms are programmed and triggered to make them lose money.
Facts:
- Stop-losses are triggered with a breakout
- A lot of stop-losses mean higher liquidity
- This knowledge is used to open or close big positions
- The market will turn around in most cases
- Sometimes it is a short turnaround, and sometimes, the trend will change completely
Which levels are the best for trading?
New and fresh highs and lows are the best levels for this best strategy for binary trading! With several highs in a row, it is more likely that the market will break through this level. Search for big new and fresh highs. For the best results, the level should be created in the current day. See the picture below.
Why does this Binary Options Strategy work so well?
For this question, it is important to have more knowledge. At highs and lows are a lot of stop-losses from other traders in the market. Professional traders use this knowledge to get high liquidity for their own positions. They quit or open a trade where high liquidity is. In most cases, they will fake this breakout, or the market will turn because of closed positions.
There are a lot of traders who will trade such breakouts. Algorithms are programmed and triggered to make them lose money.
Facts:
- Stop-losses are triggered with a breakout
- A lot of stop-losses mean higher liquidity
- This knowledge is used to open or close big positions
- The market will turn around in most cases
- Sometimes it is a short turnaround, and sometimes, the trend will change completely
Which levels are the best for trading?
New and fresh highs and lows are the best levels for this best strategy for binary trading! With several highs in a row, it is more likely that the market will break through this level. Search for big new and fresh highs. For the best results, the level should be created in the current day. See the picture below.
vFurthermore, the best levels got the V-Form. We will show you the picture below. The V-Form is seen clearly by a lot of other traders in the market. They put their stop-losses on these levels. Also, it is possible to trade the V-form as support and resistance. We rather wait for the false breakout of the V-Form. It works with a high hit rate and you can easily make money by trading Binary Options.
➨ Sign up with the best bi
When to choose your entry? – For dummies
Risky traders open a position directly in the opposite of the breakout. In our opinion, there is a better way to get good results. In the picture below, we will show you the exact entries. Select the level in the markets. If the market passes the level back, you can open the trade. It is just as simple as it sounds. Sometimes you will need 2-3 trades to make a profit. That is why we double the investment amount if we lose a trade.
This is one of the best binary trading strategies for beginners. This trend follow strategy can be applied everywhere regardless of trading amount or market. First, you must study the trading graph and pattern of lines. You must have observed that they usually go in a zigzag manner. This might seem like an easy job, but it requires practice.
First, it is better to get familiar with trading graphs and their trend on demo trading apps before trading your money in a real-time market.
Once you learn to read the pattern, it will be easy to predict whether the asset’s price will go high or low. However, this best binary strategy isn’t very reliable for short trades. To apply this best binary option strategy, you must study the chart and see the movement of lines.
If the line is going up, the prices are increasing and vice-versa. If the line is horizontally straight, then find some other option to trade your money.
It is essential to have practical knowledge, practice on the demo trading sites and get a clear-cut idea.
➨ Sign up w
Additional information: You can wait for a candle close below/upper the breakout level to get a better confirmation
Which timeframe can I use for this Binary Options Strategy?
You can use any timeframe for this best strategy for binary options. The time does not matter for your analysis. Only the price of the asset matters. No professional trader cares about time. You will see that the small timeframes are more difficult to trade because you have to pay more attention to the market. You have to react much faster than in higher timeframes. In conclusion, only the price of the asset matters.