Binary Options Crash Course
Binary Options Crash Course
Binary Options Crash Course
Only $4
Table of Content
Forex Basic………………………………………………………………………………………………
What is Binary
Options/HFX…………………………………………………………………………………………......
Payout…………………………………………………………………………………………………….
Types of Chart……………………………………………………………………………………………
Candle Stick……………………………………………………………………………………………….
Bollinger Bands…………………………………………………………………………………………
Stochastic ………………………………………………………………………………………………….
Moving Average……………………………………………………………………………………………
Market Structure…………………………………………………………………………………………
Market Hours……………………………………………………………………………………………….
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Choosing a Brokerage…………………………………………………………………………………….
Placing Orders……………………………………………………………………………………………..
Copy Trading………………………………………………………………………………………………..
BONUS >>>>>>>>>>>>…………………………………………………………………………………
FOREX BASICS
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
What is forex ?
In simple terms ,it is the exchange of one currency for another or the buying of a currency and selling
another currency simultaneously.
Through a brokerage, a broker or brokerage serves as a middle man between traders and interbank.
Examples of a brokerage are>>>quotex, pocket option, IQ option.
All you need to get started is a computer, laptop,ipad, or phone,high-speed Internet connection, and the
information contained within this book.
The most popular currencies traded in the foreign exchange market are listed below >>>>>>>>>
Forex currency symbols are always three letters, where the first two letters identify the name of the
country and the third letter identifies the name of that country’s currency.
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
The term (HFX) stands for high frequency forex aka money in minutes 💰.In this book, our area of
concentration would be on high frequency forex / Binary options. Trading (HFX) is less time consuming,
also entering and exiting a trade in literally minutes , like in 1-5 minutes time frame. High frequency
forex is more convenient for 9-5 workers, student or stay at home mom . Instead of the traditional way of
holding longer trades for a long period of time , high frequency forex trading has become the easiest form
of trading.
PAYOUT
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
● For example, if you sell the market at 0.99943, price needs to stay below 0.99942 in order to be in profit.
● From the top to the bottom is a red button, which is to sell the market.see image below >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
How to monitor your trading activities.Go to the bottom of your brokerage to see price movement, .see
image below>>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
TYPES OF CHART
Line chart
Bar chart
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Candle Stick
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
http://www.livecharts.co.uk/currency-strength.php
forex factory
https://www.forexfactory.com/index.php
● Technical analysis : is the process whereby traders study price movement on a chart.Tools used in technical
analysis are >>>trading view,
●
https://www.tradingview.com/chart/
CANDLE STICK
In this book, our main focus would be on candleStick chart >>>
What is a candleStick ?
Candlestick patterns are a form of charting analysis used by forex traders to identify potential trading
opportunities.
Using the candleStick chart, long bodies indicate intense buying or selling pressure see example
below>>>
Short bodies indicates very little selling or buying activities.see example below >>>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
This pattern indicates the indecision between the buyers and the sellers .
If a spinning top occurs during an up trend or down trend, it means there could be a possible reversal,due
to the fact that there are few buyers or sellers.
2.Marubozu:are candles that have no shadow's from the body .see example below >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
3.Doji candle:are extremely short and their bodies are like vertical lines.see example below>>>
2.Dragonfly doji
3.Gravestone doji
5.Doji star
● Hammer candlestick : has a small real body, a long lower shadow, and little or no upper shadow.
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
● Hanging man candlestick: has exactly the same features as a hammer candlestick.
BOLLINGER BANDS
Bollinger bands are a popular form of technical price indicator, used to measure market volatility.see
example below >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
One thing you should take note of is that price tends to go back to the middle of the band.
This type of bollinger band is called classic.
Bolinger squeeze :when the bands squeeze together, it usually means a breakout is going to occur .See
example below >>>
If the candle starts to break out above the top band, Price continues to go up.see the example above ^^^
Also if a candle starts to break out below the lower band, price would continue to go down.see image
below >>>
STOCHASTIC
The Stochastic technical indicator tells us when the market is overbought or oversold.
When the stochastics are above 80 (the red dotted line in the chart above), then it means the market is
overbought.
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
When the Stochastic lines are below 20 (the blue dotted line), then it means that the market is possibly
oversold.
RSI
The relative strength index (RSI) is most commonly used to indicate temporarily overbought or oversold
conditions in a market.
When the (RSI)is above 70 (the red dotted line in the chart above),it means the market is overbought.
When (RSI) is below 30,(the blue dotted line),it means the market is oversold.
MOVING AVERAGE
The moving average is an indicator used to represent the average closing price of the market over a specified period
of time.
Moving average indicator,helps us to forecast future prices by looking at the slope of moving averages.
See an example below of what the moving average looks like >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Exponential moving average : Exponential moving averages (EMA) give more weight to the most recent
periods.see example below >>>
MARKET STRUCTURE
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Market structure is simply support and resistance on your charts, swing highs, and low.
These are the levels on your chart that attract the most attention. Because traders all over the world can
see them! And this is where they base all of their trading positions.
A trending market is one that is making higher highs followed by higher lows which is an uptrend market
.see example below >>>
lower lows followed by lower highs which is a downtrend market.see example below >>>
In order to determine a trending market,you would have to use bigger time frames,such as the 4H, daily or
weekly time frame.
In an uptrend, trending market, using the impulsive and retracement strategy, professional traders go into
the market at a impulsive move, which is the lowest point, in order to retrace back up to be in profit.see
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
example below>>>
In a downtrend, trending market, using the impulsive and retracement strategy, professional traders go
into the market at a impulsive move, which is the highest point,in order to retract back down to be in
profit.see example below >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Note: always use a 4H, daily or weekly time frame to draw a trend line.
When a market stops doing higher highs and higher lows, that means it is no longer a trending market.
A ranging market is a type of market whereby prices move back and forth between support and resistance
levels.see example below>>>
Buy the market at key support or sell the market at the key resistance level.
The best entry point for a ranging market is, after a pullback and the break out of a support or resistance
level. See examples below >>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
A choppy market is often associated with rectangle chart patterns and volatile periods where a trend is not
present (or the trend is difficult to trade).see example below >>>
MARKET HOURS
The forex is fully electronic and open somewhere in the world between 5 p.m. Sunday and 5
p.m. Friday Eastern Standard Time (EST). Each exchange has unique trading hours from
Monday through Friday. From the average trader's perspective, the four most important time
windows (all EST)
● The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of
trading and is best for trading opportunities.
● New York (open 8 a.m. to 5 p.m.) is the second-largest forex platform in the world.
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
● Tokyo, Japan (open 7 p.m. to 4 a.m.) is the first Asian trading center to open, takes in
the largest bulk of Asian trading, just ahead of Hong Kong and Singapore.
● Sydney, Australia (open 5 p.m. to 2 a.m.) is where the trading day officially begins.
● London, Great Britain (open 3 a.m. to noon): The United Kingdom (U.K.) dominates the
currency markets worldwide.
Note : The foreign exchange market, is 100% fully electronic and open somewhere in the world
between 5 p.m. Sunday and 5 p.m. Friday Eastern Standard Time (EST). Each exchange has
unique trading hours from Monday through Friday.
MONEY MANAGEMENT
Forex money management are set of rules that forex traders uses to manage the money in
their forex trading account.
It is more realistic as a beginner trader , using 1% or ‘2% of your trading account on every trade
is advisable.
A drawdown is the difference in account value from the highest the account has been over a
certain period and the account value after some losing trades.see example below >>>
One rule taught in trading, is that a trader should aim at winning more trades,than loosing.
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
successful trading is only possible when the trader can make unemotional decisions about what
do with a trading opportunity.
…………………………………………………
Compounding
What is compounding in forex? This is a forex investment strategy aiming at rapidly increasing
the deposit, multiple increase in the account balance.
How do you compound your trading investment?you can do that through the compound daily
interest calculator>>>
https://compounddaily.org/calculator/
CHOOSING A BROKERAGE
A forex brokerage or broker is a financial services company that provides traders access to a
platform for buying and selling foreign currencies.
Quotex and IQ option are known for minimum deposit for as low as $20, while pocket option
minimum deposit is $50.
Also as a beginner trader,you would want to practice on a demo account for at least 3 months
consistently profiting before you trade on a real account.
A demo account is a demonstration brokerage account with fake money to practice with.
PLACING ORDERS
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
COPY TRADING
Copy trading enables individuals in the financial markets to automatically copy positions opened and
managed by other selected individuals.
Copy trading is a great option for inexperienced and new traders. You get the chance to start with taking
things slowly and learn how to trade correctly.
This means that if you are new to Forex trading, you can learn and earn at the same time.
Quotex, pocket option,and IQ option are great platforms that offer copy trading.
If you are interested interested in having a one on one tutorial on trading binary options/HFX join us
@binary options trading group free classes>>>
https://chat.whatsapp.com/HEJIBJa6QKG5gzWTKFWwxr.
https://bit.ly/HFXTrading4beginners
BONUS>>>
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igh Frequency Forex Linguistics Dictionary >>>>>>>>>> Beginner's Guide to Forex Trading.
Over time you will develop these strategies, because you will determine what works best for you
and what doesn't. Keep practicing and learning from your mistake, till you become an expert in
what you do.
Good luck
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