Using binary options to trade EURUSD pullback allows you to withstand the noise and stick with a profitable trade.
Using Binary Options to Trade EURUSD Pullback
In this video, Gail Mercer (founder of TradersHelpDesk) shows you her trade this morning on the EURUSD. Both the 15 and 60 minute charts were overextended to the long side. Volume divergence was appearing and a magenta peak was formed on the 15 minute that should push price down to the ATR. The 60-minute price bar also showed that price was no longer ambitiously moving upwards. In fact, sellers had presented buyers with an opportunity to take back control and they didn’t. Probabilities were that the market would go down to at least the 15-minute ATR. Using binary options to limit risk, a short trade was placed. The total risk on the trade per contract was $38.75. The total profit achieved was $51.25. Risk to reward for the trade was $1 to $1.32 in profit.
TradersHelpDesk currently offers two packages for using binary options to trade — Create Your Own and Silver Package. Both the Create Your Own Package and Silver Package are on special this week and include the indicators, documentation, and online video training. Plus, if you are new, I even connect and install the indicators for you! For those that just wish to use the Trend ATR indicator it is also on special for only $295.