Want to trade the Nadex 5 minute binaries? These binaries are ideal for experienced scalpers as they are fast-moving and quick profits (or losses).

In this video, Gail Mercer, founder of Traders Help Desk, shows four trades on the GBPUSD this morning.

  1. Trading began with the stochastics oversold and hidden divergence on the lower timeframe. The risk on the trade was $26.50 and the reward was $53.50.
  2. As price formed new highs, the stochastics did not. This was the second trade to the short side. The risk was $21.75 and lost.
  3. Price retraced to the ATR, which acts as support, and another long was entered. The risk on the third trade was $23. The reward was $57.
  4. The last trade was entered after price made new highs and the stochastics did not — providing divergence on the 1 minute with support from the higher timeframe as the stochastics overbought.
How to Trade GBPUSD Nadex 5 Minute Binaries

Open your free Nadex demo account. Gail recommends having both a demo account a live account. This way you can compare the two to make sure your strategy works on both live and demo. While OTM binary option strategies do not have a large difference (there are some exceptions like fast moving markets), for traders using Deep in the Money Strategies, the differences can have a larger impact.

You can join the All Inclusive Trading Membership program for only $1,495 for the first year.