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Preface: (3rd Edition - 09.04.2018)

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1K views61 pages

Preface: (3rd Edition - 09.04.2018)

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BO Turbo Trader Price Action Guide

for Binary Options Turbo Trading


(3rd Edition - 09.04.2018)

PREFACE
This ebook was created as additional educational material to the provided videos on BO Turbo Trader Youtube Channel.

This ebook is only to use in combination of those above mentioned videos to understand every concept provided on every
page of this ebook. At top of every page you find a link to the specific youtube video of the topic of the page.
If you need to get in touch with me you can find contact details at the last page of this ebook.

Further i want to thank all those who motivated me doing first of all the videos and further this ebook, my family, my dog,
my subscriber, my fanboys, my hater and all those from iq option chat, they know about who i’m talking.

This ebook is a property of BO Turbo Trader.


It’s FREE to share but no part of it should be altered or reproduced.

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading
CONTENT
Page 4-11 Mindset for consistent profits
Page 13-27 Candlestick patterns
Page 29-36 Chart patterns
Page 38-48 Binary options turbo trading concepts
Page 50-52 High probability trading setups

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading
RELATED VIDEOS
Deep explanation price action
Price action trading
Mindset for consistent profits
Live trading sessions
Best reversal strategies
Best continuation strategies
Support and Resistance
Best indicators
Best candlestick patterns
Best binary options strategies
Money management strategies
Real account trading
High probability trading setups

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading

MINDSET FOR CONSISTENT PROFITS

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved


Mindset for consistent profits - BO Turbo Trader
watch the corresponding video here

Consistent Profit

Practice on Win Rate or Win Discipline Money


Demo Account Ratio +high discipline because lost lot of money Management Emotions
+enters at the right time because of skil good win rate, good skill good
+trades only that what he set +knows when to stop exactly
+ less than 10 000$ on demo +cares about market condition 50% of the and strict money management
up in his rules +knows exactly the bet size
balance win , good discipline
+ he trades as less as +to get as fast as necessary to his
+ bet size below 1 $ and more +cares about news releases goal
possible and leaves the
+ less number of trades +cares about payout percentage EMOTIONS
market + don’t be affected by emotions
+ less times on demo average +cares about bet size + great discipline
+doesn’t change anymore his
+strict money management RESULT: CONFIDENCE
trading style or strategy + great skill
+cares about quantity as less as possible OVERCOMES EMOTIONS
+takes completely the + great win rate
+cares a lot of the quality trades
responsibility
+avoid a lot of trades which are not good
+don’t need confirmation from
+is not affected by emotions - cause he
no one and don’t listen to no
knows win ratio
one
+takes responsibility
+doesn’t believe anyone or
+has no fear
tries nothing without any
+don’t does multiple bets
proof
+ bet and then calm down do another
+ good win rate for his
+ does avoid trading emotionally
strategy or trading style or
money management

© 2018 BO Turbo Trader, All Rights Reserved


Mindset: How to trade binary options for consistent profit & returns (Practice) the right way - BO Turbo Trader
watch the corresponding video here

LOW SKILL MEDIUM SKILL HIGH SKILL

Newbie Trader Pro Trader


Average Trader
+ More than 100 000 $ on demo balance + less than 10 000$ on demo balance
+ bet size above 100 $ and more + less than 100 000$ on demo balance + bet size below 1 $ and more
+ a lot of trades + bet size below 100 $ and more + less number of trades
+ trades on demo all the day + medium number of trades + less times on demo average
+ trades on demo average

Practice
Money Consistent
Profits

Real
QUIT
© 2018 BO Turbo Trader, All Rights Reserved
Mindset: How to trade binary options for consistent profit & returns (Win Rate) the right way - BO Turbo Trader
watch the corresponding video here
LOW WIN RATE MEDIUM WIN RATE HIGH WIN RATE

Newbie Trader Average Trader Pro Trader


+trades every signal and strategy +only moderate signals +trades only that what he set up in his rules
+trades too much +he changes only a bit hit strategy or trading style + he trades as less as possible and leaves the market
+changes often his indicators +change his indicator only few +does not change anymore his trading style or strategy
+doesn't care win ratio +takes responsibility not completely +takes completely the responsibility
+doesn't take responsibility +need not more confirmation build some kind of +don't need confirmation from nobody and doesn't listen to nobody
+blames everyone else not himself confidence +does not believe anyone or tries nothing without any proof
+need confirmation from others +don’t anymore everyone and doesn't everything - what + good win rate for his strategy or trading style or money management
+believe everyone and tries everything sounds logic
+he cares win rate - has no idea how to increase

Practice
Time +
Knowledge +
Discipline Real

Win Rate QUIT

© 2018 BO Turbo Trader, All Rights Reserved


Mindset: How to trade binary options for consistent profit & returns (Discipline) the right way - BO Turbo Trader
watch the corresponding video here
LOW DISCIPLINE MEDIUM DISCIPLINE HIGH DISCIPLINE

Pro Trader
Newbie Trader Average Trader
+medium discipline because he already lost money +high discipline because lost lot of money
+low discipline because nothing loose and demo
+don't enters anymore so often early but he enters +enters at the right time because of skil
+enter to early into trades, because of reckless
sometimes more often lately +cares about market condition 50% of the win
+wanna be rich or millionaer
+care more or less about market condition +cares about news releases
+doesn't care market condition
+ care more or less about news releases +cares about payout percentage
+doesn't care about news releases
+ care more less about payout percentage +cares about bet size
+doesn't care payout percentage
+care about the bet size +strict money management
+doesn't care bet size
+has some kind of money management +cares about quantity as less as possible
+no money management
+care about quantity of trades +cares a lot of the quality trades
+doesn't care quantity of trades
+care more or less about quality of trades +avoid a lot of trades which are not good
+doesn't care quality of trades
+affected by emotions which leads sometimes to irrational +is not affected by emotions - cause he knows win ratio
+not affected by emotions
behavior +takes responsibility
+they have no fear of a trade
+has some fear of trade +has no fear
+spider trading - multiple bets
+don’t does multiple bets
Practice +do not more so often multiple bets
+ bet and then calm down do another
+ does avoid trading emotionally

Discipline
Consistent
Profits

Real QUIT
© 2018 BO Turbo Trader, All Rights Reserved
Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader
watch the corresponding video here

NO or LOOSE MM MEDIUM STRICT MM HIGH STRICT MM

Pro Trader
Newbie Trader Average Trader
+amount of trades - don't know when to stop +knows when to stop exactly
+No or loose MM because of bad win rate
+bet size - don't know how much to bet +knows exactly the bet size
+win rate = discipline + skill
+balance - don’t care to blow his account when +to get as fast as necessary to his goal
+mm = win rate +discipline
under affect emotions + don't be affected by emotions
+ not the best win rate + great discipline
+ not the skills + great skill
+not the discipline + great win rate

Practice / Real
Time + Discipline Consistent profit

MM
QUIT
© 2018 BO Turbo Trader, All Rights Reserved
Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader
watch the corresponding video here

FIX AMOUNT MARTINGALE INVERTED MARTINGALE MASANIELLO


Compounding
+ Any balance 1$ 2$ 6$ 18$ 27$ 54$
+ Fix bet size +big balance 1$ 1+1.8$ 2.8$ 4. 20$
+ Percentage or amount + Adjusting it on your skill level
+ a variable bet size +any balance and win rate
+ at least 60% win rate at a payout +above 60% +variable bet size
80% + Predefined bet size
+set your stop (out of money) + a high win rate or lot of luck + Any balance
+ set your stop Depending on the payout + depending on payout
+ depending on the payout + Depending on payout
1 3 9 36 percentage

© 2018 BO Turbo Trader, All Rights Reserved


Mindset: How to trade binary options for consistent profit & returns (Emotions) the right way - BO Turbo Trader
watch the corresponding video here

NO EMOTION HIGH EMOTION MODERATE EMOTION

Newbie Trader Average Trader Pro Trader


good win rate, good skill
+fear to lose trade
+no skill +no plan good and strict money
+fear to loose or blow his account
+no fear because nothing loose management , good
+fear to entry too early
+no fear of blowing account discipline
+fear to entry too late
+euphoric , excited +fear not to succeed
EMOTIONS
Because of a lack of skill,win rate, discipline and or
money management and this brings you to of lack
RESULT: CONFIDENCE
of confidence
OVERCOMES
EMOTIONS
Real
Time + Money
Consistent profit

EMOTION
QUIT
© 2018 BO Turbo Trader, All Rights Reserved
Mindset: How to trade binary options for consistent profit & returns (Emotions) the right way - BO Turbo Trader
watch the corresponding video here

W = Win Rate
S = Skill
D = Discipline
E = Emotions

W =S+D
MM = W+ D
Consistent profit = w * mm
= (S+D)*(W+D)

= D² + [...........]
___________
E

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading

CANDLESTICK PATTERNS

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader
watch the corresponding video here

Rejection

Shooting Star (Inverted Hammer) Takuri Line (Hammer)

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader
watch the corresponding video here

Rejection
Hammer / Hanging man Inverted
Hammer

EMA, Fibonacci Level,


Bollinger Band and SnR

EMA, Fibonacci Level,


Bollinger Band and SnR

EMA, Fibonacci Level, EMA, Fibonacci Level,


Bollinger Band and SnR Bollinger Band and SnR

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader
watch the corresponding video here

Dragonfly Doji Gravestone Doji Rejection


EMA, Fibonacci Level,
Bollinger Band and SnR

EMA, Fibonacci Level,


Bollinger Band and SnR

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade spinning top, long-legged doji, high wave and rickshaw man - BO Turbo Trader
watch the corresponding video here

Rejection
spinning top - long-legged doji and the high wave

EMA, Fibonacci Level,


Bollinger Band and SnR

high wave
spinning top long-legged doji
doji
EMA, Fibonacci Level,
Bollinger Band and SnR

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade simple pattern like pin bar, pinbar or pinocchio bar candlestick pattern - BO Turbo Trader
watch the corresponding video here
Pinbar - Pin bar - Pinocchio bar - Kangaroo Tail Rejection

EMA, Fibonacci Level,


Bollinger Band and SnR

bullish pinbar

bearish pinbar

EMA, Fibonacci Level, Trendlines


Bollinger Band and SnR

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the tweezer top and tweezer bottom candlesticks the right way - BO Turbo Trader
watch the corresponding video here

Rejection

Tweezer top
EMA, Fibonacci Level,
Bollinger Band and SnR

Tweezer bottom

EMA, Fibonacci Level,


Bollinger Band and SnR, Trendlines
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to trade double top (M) and double bottom (W) pattern effectively - BO Turbo Trader
watch the corresponding video here

Double Top - M Formation - Mammies Rejection

EMA, Fibonacci Level,


Bollinger Band and SnR, Trendlines
Neckline

Double Bottom - W Formation - Wollahs

EMA, Fibonacci Level, Neckline


Bollinger Band and SnR,
Trendlines

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the last kiss or pullback after breakout on binary options - BO Turbo Trader
watch the corresponding video here

Bearish Last Kiss / Bearish Pullback after a Breakout simple pullback

breakout
EMA, Fibonacci complex pullback
Level, Bollinger Band
and SnR, Trendlines Neckline

Bullish Last Kiss / Bullish Pullback after a Breakout


breakout

Neckline
EMA, Fibonacci Level, complex pullback
Bollinger Band and SnR, Trendlines simple pullback

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade inverted head & shoulders and head & shoulders candlestick pattern - BO Turbo Trader
watch the corresponding video here

Head and Shoulders

EMA,
Fibonacci Level,
Bollinger Band and SnR,
Trendlines Neckline

Inverted Head and Shoulders


Neckline
EMA, Fibonacci Level,
Bollinger Band and SnR,
Trendlines

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the engulfing candlestick or the big shadow pattern on binary options - BO Turbo Trader
watch the corresponding video here
High Bearish Engulfing Bullish Engulfing
High
Closing Price Opening Price
Rejection

Opening Price Closing Price


1. Major key level (SnR, BB, Trendlines, Fibonacci and EMA
Low Low 2. Closing price of bearish engulfing -> near LL
3. Closing price of bullish engulfing -> near HH
4. Engulfing candle has to be a wide range
EMA, Fibonacci Level, Bollinger Band and SnR 5. The last touch or area was long ago 7-10 candlestick

7 candles or more

EMA, Fibonacci Level, Bollinger Band and


SnR 7 candles or more

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the dark cloud cover and piercing line on binary options - BO Turbo Trader
watch the corresponding video here
Dark Cloud Cover Piercing Line
Rejection

Gap UP 50%

50%
Gap DOWN
EMA, Fibonacci Level,
Bollinger Band and SnR, Trendlines

50%

7 candles or more 50%

EMA, Fibonacci Level,


Bollinger Band and SnR, Trendlines
7 candles or more

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader
watch the corresponding video here

EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines


Exhaustion Gaps

Gap UP Support & Resistance

Continuation , Runaway, Measuring Gaps

Breakaway Gaps

Gap UP Support & Resistance

Common Gaps

Gap UP Support & Resistance

Gap Gap UP Support & Resistance


DOWN

EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines


© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader
watch the corresponding video here
High High
Closing Price Opening Price

Rejection
Opening Price Closing Price
Low Low

Marubozu Big Belt


1. Major key level (SnR, BB, Trendlines, Fibonacci and EMA
EMA, 2. Big belt candle has to be a wide range
Fibonacci Level,
Bollinger Band
3. The last touch or area was long ago 7-10 candlestick
SnR + Trendlines

EMA, Fibonacci Level, 7 candles or more


Bollinger Band and SnR

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade Inside Bar (Mother Bar) pattern in trending market - BO Turbo Trader
watch the corresponding video here
Inside Bar
High High
Mother Bar Inside Bar Mother Bar Inside Bar Rejection
Closing Price Opening Price

Opening Price Closing Price


Low Low

EMA, Fibonacci Level, Bollinger Band and SnR

EMA, Fibonacci Level, Bollinger Band & SnR

EMA, Fibonacci Level, Bollinger Band and SnR

EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade the Morning Star and the Evening Star Candlestick Pattern - BO Turbo Trader
watch the corresponding video here

Evening Doji Star Evening Star Morning Doji Star Morning Star
Rejection

EMA, Fibonacci Level,


Bollinger Band and SnR,
Trendlines

EMA, Fibonacci Level, Bollinger Band and SnR,


Trendlines

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading

CHART PATTERNS

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade trend channel trading strategy, trendlines and trend line breakout - BO Turbo Trader
watch the corresponding video here
BREAKOUT + Pullback

Higher High
ascending channel trendline (higher highs) Higher High
RESISTANCE Higher High
UPTREND
Swing High
High
Higher Low
Swing High
ascending channel trendline (higher lows)
Swing High SUPPORT Higher Low

Higher Low

Swing Lows
>60° strong trend Low
>45° healthy trend 10 min 1 min
DOWNTREND Swing Lows <30° weak trend High
<15° ranging market
descending channel trendline (lower highs) Lower High
RESISTANCE
Lower High
Swing High

Swing High
Lower High
Low

Swing Lows BREAKOUT + Pullback

Swing Lows Lower Low


descending channel trendline (lower low) Lower Low
SUPPORT Lower Low

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade symmetrical triangle chart pattern in binary options turbo trading - BO Turbo Trader
watch the corresponding video here

descending trendline (lower highs)

Base

Apex

ascending trendline (higher lows)

descending trendline (lower highs)

Apex
Base

ascending trendline (higher lows)

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade ascending triangle and descending triangle on binary options - BO Turbo Trader
watch the corresponding video here

Ascending Triangle
SnR, Trendline, Fibonacci Level, EMA etc.

Apex

Base

ascending trendline (higher lows)

Descending Triangle

descending trendline (lower highs)


Base

Apex

SnR, Trendline, Fibonacci Level, EMA etc.

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade bull flag vs bear flag, flag formation, flag analysis, flag pattern - BO Turbo Trader
watch the corresponding video here
profit target = height of flagpole
Bull Flag - Bullish Flag

descending trendline (lower highs)


flagpole

descending trendline (lower lows)

Bear Flag - Bearish Flag ascending trendline (higher highs)

flagpole

ascending trendline (higher lows) profit target = height of flagpole

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade pennant flags, flags and pennants, pennant trading, flagpole - BO Turbo Trader
watch the corresponding video here

Bull Pennant - Bullish Pennant Bear Pennant - Bearish Pennant

profit target = height of flagpole or the height of the base

base

flagpole
descending trendline (lower highs)
descending trendline (lower highs)
base
ascending trendline (higher lows)

base

flagpole
ascending trendline (higher lows)

base

profit target = height of flagpole or the height of the base

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade rising wedge and falling wedge, wedge chart pattern- BO Turbo Trader
watch the corresponding video here

Rising Wedge - Ascending Wedge Falling Wedge - Descending Wedge

profit target = height of the base


profit target = height of the base

descending trendline (lower highs)


base

base

ascending trendline (higher highs)

base

descending trendline (lower lows)

base base
profit target = height of the base
base
ascending trendline (higher lows)

profit target = height of the base

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade broadening tops and broadening bottoms, broadening channel - BO Turbo Trader
watch the corresponding video here
profit target = height of the base

Broadening Bottoms Broadening Tops


pullback
base

breakout ascending trendline (higher highs)

confirmation line
base
ascending trendline (higher highs)

partial rise
partial decline

base
confirmation line
descending trendline (lower lows)
descending trendline (lower lows)
breakout
base pullback

profit target = height of the base

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade rectangle tops and rectangle bottoms chart pattern - BO Turbo Trader
watch the corresponding video here

Rectangle Bottoms Rectangle Tops

profit target = height of the base


trendline (s&r, fibo, ema)

base

trendline (s&r, fibo, ema)


base
base

trendline (s&r, fibo, ema)

base
trendline (s&r, fibo, ema)

profit target = height of the base

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading

BINARY OPTIONS TURBO TRADING CONCEPTS

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade with Candlestick Math (Mathematics) the right way - BO Turbo Trader
Candlestick Mathematics watch the corresponding video here

= =

=
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to distinguish rejection from a market move the right way - IQ Option - BO Turbo Trader
watch the corresponding video here
1. Major Trend and Minor Trend in your favor Rejection

2. Strong Support & Resistance Level ( Major Key Level)

3. Candlestick Pattern which confirms your expectation

EMA, Fibonacci, Trendline, S&R


-> Resistance

EMA, Fibonacci, Trendline, S&R -> Support

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to spot weak snr and strong s&r (support & resistance) the right way - BO Turbo Trader
watch the corresponding video here

EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines

healthy market
(uptrend) EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines
consolidation area

strong uptrend

healthy market (downtrend)

strong downtrend

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade with the major trend and minor trend to get the odds of your favor - BO Turbo Trader
watch the corresponding video here

EMA, Fibonacci Level, Bollinger Band and SnR, Major Trend


Trendlines
Uptrend

Minor Trend 200 EMA (purple) below the 100 EMA (red)
100 EMA (red) below the 50 EMA (orange)
50 EMA (orange) below the 20 EMA(yellow)
20 EMA (yellow) below the PRICE

Downtrend

200 EMA (purple) above the 100 EMA (red)


100 EMA (red) above the 50 EMA (orange)
50 EMA (orange) above 20 EMA (yellow)
20 EMA (yellow) aboce PRICE

1+1 = 2 Minor Trend


1+(-1)= 0

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade three white soldiers and three black crows on binary option - BO Turbo Trader
watch the corresponding video here

Rejection
Three White Soldiers
Three Black Crows

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How adapting forex strategies and forex indicators to binary option turbo trading - BO Turbo Trader
watch the corresponding video here

Forex Binary Options Turbo Trading

1.Identify the trade opportunity Weigh risk to reward 1.Identify the trade opportunity Choose best payout asset >80%
2. Create a trading plan Follow trading system rules 2. Follow trading system rules
3. Enter the trade 3. Enter the trade
4. Manage the trade Use Market Biofeedback to 4. Manage the trade - > Sell option
5. Exit the trade adapt 5. - Expiry time
6. Learn from the trade Make money from the trade 6. Learn from the trade Identify weakness in stages 1-5
Identify weakness in stages 1-5

market + broker market + broker + time

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade rejections and how to distinguish a real, proper rejection from a invalid rejection
watch the corresponding video here

20 % - Major Trend and Minor Trend in your favor - TRAFFIC

20% - Strong Support & Resistance Level ( Major Key Level) - REDIRECTIONS

20% - Candlestick Pattern which confirms your expectation - TRAFFIC SIGN

20% - Rejection

80%

Double Top Head and Shoulders Elliot Wave 1-2-3

EMA, Fibonacci,
Trendline, S&R -> Resistance

Double Bottom

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade channel breakouts and how to avoid false breakouts - false breakout meaning
watch the corresponding video here

EMA, Fibonacci, BB
railway tracks Trendline, S&R -> Resistance
spinning top evening star
inside bar outside bar doji hammer
distance
EMA, Fibonacci, BB
Trendline, S&R -> Resistance

weak candles

weak candles

EMA, Fibonacci, BB,


Trendline, S&R -> Support

distance

inside bar outside bar doji spinning top EMA, Fibonacci, BB,
railway tracks hammer morning star Trendline, S&R -> Support

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to spot and identify market reversals and retracements - BO Turbo Trader
watch the corresponding video here

Reversal
1 Minute 5 Minute
Reversal

Retracement

Retracement
Retracement
Retracement

Retracement

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade binary options trading setups without rejection as confirmation - BO Turbo Trader
watch the corresponding video here

EMA, Fibonacci, BB
Trendline, S&R
-> Resistance

EMA, Fibonacci, BB
Trendline, S&R
-> Support

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade BO trading setups without rejection as confirmation Part 2- BO Turbo Trader
watch the corresponding video here
EMA, Fibonacci, BB
EMA, Fibonacci, BB Trendline, S&R
Trendline, S&R -> Resistance
-> Resistance

EMA, Fibonacci, BB EMA, Fibonacci, BB


Trendline, S&R Trendline, S&R
-> Support -> Support

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade BO trading setups without rejection as confirmation Part 3 - BO Turbo Trader
EMA, Fibonacci, BB
watch the corresponding video here
Trendline, S&R
EMA, Fibonacci, BB -> Resistance
Trendline, S&R
-> Resistance

EMA, Fibonacci, BB
Trendline, S&R
-> Support EMA, Fibonacci, BB
Trendline, S&R
-> Support
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to trade BO trading setups without rejection as confirmation Part 4 - BO Turbo Trader
EMA, Fibonacci, BB watch the corresponding video here
Trendline, S&R
-> Resistance

EMA, Fibonacci, BB
Trendline, S&R
-> Support
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to trade BO trading setups without rejection as confirmation Part 5 - BO Turbo Trader
watch the corresponding video here

EMA, Fibonacci, BB
EMA, Fibonacci, BB Trendline, S&R
Trendline, S&R -> Resistance
-> Resistance

EMA, Fibonacci, BB
Trendline, S&R
-> Support
EMA, Fibonacci, BB
Trendline, S&R
-> Support
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: How to trade multiple time frame trading concept, system, methodology, strategy - BO Turbo Trader
watch the corresponding video here
:14 :29 :44 :59 :04 :09 :14 :19 … :49 :54 :59

Bullish Continuation Pattern

15 min 5 min 1 min

Bearish Continuation Pattern

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: How to trade elliott wave theory, elliott wave analysis and elliott wave principle - BO Turbo Trader
watch the corresponding video here
Wave 1,3,5 = Impulse Waves
Higher High
Wave 2,4 = Corrective Waves Higher High
P1
Higher High
Wave 2 goes never beyond the start of wave 1 P5
Wave 3 is never the shortest P3
Wave 4 never moves into territory of wave 1 W5 a b c High
Higher Low
W4
P2
W3 Higher Low
P1 P4
Territory of Wave 1 Higher Low
W2
W1
P2 Low

Start of Wave 1
10 min 1 min
Impulse Cycle - Motives Waves High
Corrective Cycle - Corrective Waves
Start of Wave 1
Lower High

P2 Lower High
W1

W2 Territory of Wave 1 Lower High


P1
Low
Corrective Wave Patterns W3 P4 P2
W4 c
a
Zig Zag - Wave 2 - 5 3 5 W5 b
Flat - Wave 4 - 3 3 5 P3 Lower Low
P5 Lower Low
Triangles - Wave 4 - 3 3 3 3 3
P1 Lower Low
Combination mix
© 2018 BO Turbo Trader, All Rights Reserved
Price Action: Which market conditions to avoid using candlestick analysis on binary options - BO Turbo Trader
watch the corresponding video here

GENERAL CONDITIONS SPECIFIC CONDITIONS

Forex Market hours avoid centipede wicks


avoid DNA crossing of EMA’s
http://www.forexmarkethours.com/markethours.php
avoid flat EMA’s
avoid first hour of opening and closing of any market
- (London, New York, Sydney, Tokyo)

News
❌ avoid trending EMA’s with greater flat EMA’s
avoid consolidation areas
avoid narrow bollinger bands
avoid narrow EMA’s
avoid ultra tiny candles on 5 sec chart
https://www.investing.com/economic-calendar/

https://www.fxstreet.com/economic-calendar seek for direction in the market


seek direction using trendlines
check for MEDIUM and HIGH Impact NEWS seek direction using chart patterns
- avoid those for at least 1 hour seek direction using ema alignment
great distance between EMA’s
check for SPEECH or SPEAK great distance between Bollinger Bands
- avoid those for at least 1 hour - 2 hours

© 2018 BO Turbo Trader, All Rights Reserved


BO Turbo Trader Price Action Guide
for Binary Options Turbo Trading

HIGH PROBABILITY TRADING SETUPS

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: IQ Option Sure Shot BOTT SS1 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) watch the corresponding video here

BOTT Sure Shot 1 (EMA)


PUT OPTION CALL OPTION
200 EMA Price
20 EMA
100 EMA FLAT EMA’s 200 100 50 50 EMA
50 EMA 20 major trend = ranging 100 EMA
20 EMA
Price
minor trend = trending 200 EMA

NO Price Action
on the left Rejection distance

200 EMA 50 EMA


healthy trend - not strong trend
distance
above the half of the previous candle
Minor Trend

Minor Trend entry candle


100 EMA 100 EMA
entry candle

healthy trend - not strong trend


distance below the half of the previous candle
50 EMA 200 EMA
distance
NO Price Action
on the left

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: IQ Option Sure Shot BOTT SS2 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) watch the corresponding video here

BOTT Sure Shot 2 (EMA)


PUT OPTION CALL OPTION
200 EMA Price
TRENDING EMA’s 200 100 50 20 20 EMA
100 EMA
50 EMA
50 EMA major trend = trending
100 EMA
20 EMA
Price minor trend = trending opposite 200 EMA

entry candle

healthy trend - not strong trend distance


200 EMA Minor Trend

20 EMA
NO Price Action above the half of the previous candle
100 EMA on the left
NO Price Action
on the left above the half of the previous candle
50 EMA 50 EMA
distance distance
100 EMA
Minor Trend 20 EMA
distance
entry candle
200 EMA

healthy trend - not strong trend

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: IQ Option Sure Shot BOTT SS3 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) watch the corresponding video here

BOTT Sure Shot 3 (EMA)


PUT OPTION CALL OPTION

Price
200 EMA 20 EMA
TRENDING EMA’s 200 100 50 20
100 EMA 50 EMA
major trend = strong trending
50 EMA 100 EMA
20 EMA minor trend = trending opposite 200 EMA
Price

healthy trend - not strong trend


entry candle
distance
200 EMA
Minor Trend

20 EMA
100 EMA NO Price Action
NO Price Action above the EMA you gonna trade
above the EMA you gonna trade on the left
on the left
50 EMA 50 EMA
distance
distance
100 EMA
Minor Trend 20 EMA
distance
entry candle

200 EMA
healthy trend - not strong trend

© 2018 BO Turbo Trader, All Rights Reserved


Price Action: IQ Option Sure Shot BOTT SS4 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) watch the corresponding video here

BOTT Sure Shot 4 (EMA)


PUT OPTION CALL OPTION
Price 200 EMA
20 EMA 100 EMA
FLAT EMA’s 200 100 50
50 EMA 50 EMA
20 major trend = ranging
100 EMA 20 EMA
minor trend = trending Price
200 EMA

entry candle 200 EMA

distance
50 EMA Price Action on
the left Rejection distance
healthy trend - strong trend
above the s&r
Minor Trend distance

Rejection
100 EMA
Minor Trend
100 EMA distance
below the s&r healthy trend - strong trend
Price Action on 50 EMA
distance
the left
distance

200 EMA
entry candle

© 2018 BO Turbo Trader, All Rights Reserved


EPILOGUE
I would like to say a very big thank you for downloading and sharing this ebook, am glad you made it here, because
the information contained inside is all you need, especially as a binary option turbo trader to get profit out of the
market, to get out of debt, make yourself a living or help your friends and family, you probably need more than only
this ebook and the videos on youtube.

There is a reason why i choose to make this ebook and the youtube videos, i have seen so many trader struggling
and doing wrong trades only because of not understand the basics about price action.

If you like this ebook and you decide to write me something, do not forget to like my videos on youtube, comment
below those and if you want to contact me - you will find contact details below. Thanks, stay safe and keep itm.

CONTACTS
[email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube)

@boturbotrader Facebook Group boturbotrader (tumblr)

DISCLAIMER
This ebook is not an investment advice.
Your invested capital may be at risk and don’t trade with money you can’t afford to lose.

© 2018 BO Turbo Trader, All Rights Reserved

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