12/07/2013 5:40 GMT/br>
This is session preparation for Binary Options Trading
I choose TopOption, broker with 85% payout from EUR/USD and EUR/JPY high/low options and 81% from AUD/USD and GBP/USD. I will trade only this 4 pairs.
I’m looking for levels to open position with direction of trend. I will always open 15+ minutes option. It can be sometimes 17minutes and sometimes 29minutes.
Firstly AUD/USD. Pair is in consolidation between 2 levels. I will PUT on upper and CALL on bottom. Ideal situation is when price is attacking support/resistance level few times. Every time I can open position and earn. When level will be broken I loose just once.
Same situation on EUR/JPY. No clear direction so both CALL/PUT are in game.
EUR/USD is in clear bullish trend that’s why I will look for CALLs only near supports.
Same situation on GBP/USD – CALLs only.
There was 2 opportunities so far on GBP/USD and EUR/USD.