Binary options end of day trading

Day Trading Forex Live – Learn To Trade Pro Forex Strategies. End Of Day Trades – Binary Options Profits. I have been having so much success with the End-Of-Day expiry I decided to go over it once again. In the previous article, Taking Advantage of The End of The Day Expiry I made a video, showing how a live binary options trade played out for a profit . Without a doubt an extremely powerful yet accurate trading setup to use! The DTFL Bank Manipulation method has opened a very profitable door for binary traders’. Over the past 2 months I have personally experienced a 80% accuracy using these setups with an EOD expiry. Patience has been just as important as the setups themselves. An End-Of-Day Expiry is based on the New York market close time (4:00pm EST), although the new trading day starts at 5:00pm EST. End-Of-Day is also referred to as EOD in the binary industry. An EOD trade can be placed during either London or New York as long as the setup is valid and obvious. The more obvious the setup the better. Stick to your levels, candle patterns and formations. I have recently added VSA (volume spread analysis) as extra confluence.

This has definitely added value to the overall setup profitability regarding conformation before entry. A common error most trades make is the time factor, choosing the wrong expiry due to different time zones. Always double check your expiry time before executing your trade! I cannot stress this point enough. Mistakes like these can cause a losing trade. There are some exceptions when we do choose an alternative expiry due to lack of availability of the EOD expiry. Some Recent Examples. Click on the image to Enlarge. As you can see we had 2 trade setups present itself on the GBPUSD 15 minute chart, indicate by the 2 circles in red. This is 2 setups we teach at DTFL not only for binary options but Forex as well.

Its not uncommon to see 2 setups occur on the same day. Both setups are based on Smart Money reversal patterns and are extremely accurate when executed the correct way. By entering two trades, call and put, you not only limit loss but allow yourself to profit from both setups. The expiry time (end-of-day) is indicated by the vertical red line. Both these trades expired in-the-money. As I mentioned in a previous article, we trade against time not price. Going with the EOD expiry gives us 2 advantages. (1) It allows some room for price to move before reversing and (2) provides us with the time for the market to complete the move . As binary traders we always want to stack the odds in our favor, making our trade a high probability to expire in-the-money. Although these setups might not present themselves everyday, when they do, it’s well worth the wait! Are You A US Trader? Join The Education! Regulated Binary Options Broker – TopOption. If you have questions about joining the Day Trading Forex Live recommended Binary Options Broker or need more information about the FREE Skype room when joining TopOption please feel free to contact Allen Henn.

He is a current member and the DTFL Binary Options host. He will answer any questions and give you an idea of what the service involves and support we provide. If you have any questions about the FREE Binary Options education when you sign up with TopOption you can contact Allen Henn at allenhenn. info@gmail. com to set up a time for a conversation over the phone if you like or call his SA phone line at 0836564432 or Skype at Allen. Henn. Like, Tweet, +1, Share & Comment. Related Articles. There are no comments at the moment, do you want to add one? "Set-and-Forget" Day Trading with Binary Options. You feel confident a particular market is going to close above a certain price by the end of the day, but you don't have time to monitor the trade. Or maybe you don't want to set a stop-loss order that might get triggered while you're not looking.

Maybe leaving a futures order on autopilot is just not your style. What if you could still trade that day's price action without any of those problems? Monday, August 22, 2016 - 00:00. What if you could, for example, guarantee that your maximum loss per contract would be no more than a fixed amount that you choose , an amount less than $100 per contract? And what if, no matter how far the market moved in the opposite direction, you could never get stopped out of the trade? In other words, even if you hit that maximum loss amount, you'd still be in the trade, ready to profit if and when the market came back? And what if you could set all of these values at the start of the trading day, leave the trade running all day, and check it after the close, knowing that you would only have one of two possible outcomes: You profit and receive an amount that you knew precisely in advance. You lose the exact amount that you decided in the morning you were prepared to lose. That's it. No surprises, no other possible outcomes to the trade. Either you get a profit that you knew about in advance, or you take a loss that you knew about in advance. That means you don't have to deal with some of the issues traders on other exchanges might face.

You will never get a margin call on Nadex, for example. We don't do margin calls, period. Why not? You set your maximum loss up front, and you never can lose more than you have in your account. That kind of certainty leads to something every trader can appreciate: peace of mind. Sure, you can still lose money trading on Nadex. This is real trading, after all. But you can't lose more than you decided you were prepared to lose when you put on the trade. You can't lose more than you already have in your account. Let's look at a quick example: last Friday, August 19th, the EURUSD forex contract. (Click on the chart image to open it to full size.) Let's say you started the day sipping your morning coffee and you saw that big overnight drop to 1.13060 and you saw what might be a bottom. Based on your analysis, let's say you felt that the market would recover during the day and end up higher.

Sure, the market might continue lower, but you were prepared to risk being wrong and you knew that with Nadex binary options, you can set the exact price of that risk yourself. You decide how much you're willing to pay for being wrong. And you saw that at that moment, with the market at 1.13160, the binary option for the 1.13199 strike price was pretty cheap. If it expired at the money and gave you the full $100 payout, you'd get a nice reward for a fairly low risk. But, since you've traded before, you know that it's possible to be right about where the market is going to end the day and still get caught up in a choppy market, take losses when your stops get hit, and be stuck on the sidelines when the market finally proves you right. On Nadex, however, the choppy market can't do that to you. You might lose the full amount you paid to enter the trade, but no more. And even if your binary option's value went to zero (meaning the maximum loss) you still are in the trade. You don't get stopped out. So if and when the market chops back upward, you're still in a position to profit. As it turned out in this example, the market did close above 1.13199 at the end of the day, Friday August 19th.

Your binary option would have paid out the full $100 value. If it had not, you would have lost the amount you paid, but no more. Do you see how this might make it easier for you to just place your limit orders in the morning (or buy at the market) and not bother to check again until the end of the day? We're not saying you shouldn't monitor the trade. You can do it easily on your phone with our Nadex mobile platforms for iOS and Android. But you don't have to spend the day worrying or checking every ten minutes or, perhaps worst of all, second-guessing your decision because you're now afraid of losing money. Of course, on Nadex you can exit the trade at any time before expiration if you want to. But the capped risk nature of binary options gives you greater confidence and flexibility. You can set it and forget it if you choose to, knowing precisely what the risk and reward could be. Set it and forget it? It's not the only way to trade or even the best way to trade, necessarily. But the fact that Nadex makes it a limited risk and reasonable choice shows that you really do have choices. Nadex binary options may just be a better way to trade your way. This information has been prepared by Nadex, a trading name of North American Derivatives Exchange, Inc.

, prepared by independent third parties contracted by Nadex or reproduced form third party news agencies. In addition to the disclaimer below, the material on this page does not contain an offer of, or solicitation for, a transaction in any financial instrument. Nadex accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Fill out our online application in just a few minutes. You’ll get a quick response. Once it’s approved, you can fund your account and be trading within minutes. Trade all the markets you love. Markets Adjust After Anticipated Senate Hearings and ECB Report. Volatility Can Be a Good Thing (with Limited Risk) Is the Pound Too Volatile to Trade Before Election?

Stock Rally Weakens, Oil Loses on OPEC Doubts. Fed Signals Rate Hike, S&P 500 and Nasdaq Hit Record Highs. US Toll Free: 1 877 776 2339. 311 South Wacker Drive. Chicago, IL 60606. Trading on Nadex involves financial risk and may not be appropriate for all investors. The information presented here is for information and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument on Nadex or elsewhere. Any trading decisions that you make are solely your responsibility. Nadex instruments include forex, stock indexes, commodity futures, and economic events. Binary End of Day method. binaryoptionsu. comtrading-strategiesbinary-end-of-day-method Binary Options University Binary Options University October 10, 2016 October 10, 2016.

Just like the title of the binary options trading method states, this method is aimed toward options that expire at the end of the day . This method gives you some great advantages, such as helping you to more efficiently use your time during the day. There are a number of ways to approach trading with an end of day method, so if the particular methods and ideas covered here don’t mesh with what you already do, don’t worry. These methods work, but that doesn’t mean that there are not others that don’t accomplish the same goal, too. Application at the EOD. The goal of this method is to predict where prices will be at the end of a particular market session. In order to accomplish this, you need to have a heavy reliance on fundamental analysis and a decent understanding of technical analysis. Using a succession of call or put options is the best way to trade this, even if you find a boundary or touch option that you think would fit in with your goals. Calls and puts will almost always be easier to use here. Let’s illustrate this a little bit better with an example . Let’s say you are trading within the U. S. stock market, and you are focusing on Disney’s stock. You know that the experts expect the company to rise by about $5 in the next year, giving the corporation a mild upward trend. If Disney is currently trading at $95 per share, but starts the day at a lower price like $94.50 for no easily explained reason, then you can now determine with technical indicators how far the company is likely to drop before bouncing back up. If that likely relative low is established, than you can take out a call option as the upward trend is the most likely outcome. As you can see, this is a very generalized method at first, but you will specialize and become far more technical as you proceed.

In fact, this is a really good thing to work with, most of the time. Starting with a general framework helps you to narrow down your potential trade list, and then you can pinpoint better choices as you get more and more exact. This does take some time to establish, but the big benefit of working in this manner is that you get your trades done and out of the way so that you can focus your attentions elsewhere. If you have other trades to conduct, this gives you time to do them, and as the day progresses, you can keep a handle on how things are developing and uncover even more opportunities as you go . This method helps you to use your time efficiently, and it helps you to hedge positions if there is an absolute need to. Drawbacks of End of Day Trading. As you start out using an end of day method, you will find that there is a lot of potential for distractions. There are many competing strategies that you will come across as you do more research here, and the sheer volume of different approaches that you could conceivably take could paralyze you if you try to accommodate all of them. Start with one—the one outlined briefly above or something else that you trust—and work from there. This method does work, but you need to settle on what you are going to do if you want to reap the benefits from it. Also, do know that if positions are established early in the day, there is always the potential that some sort of external event could sway positions in an unanticipated direction. Keeping an eye on this, and having a broker that allows you to end trades early at just a partial loss will help you to minimize any damage here. Getting nowhere trading? Make Sure You Check Out. Latest Updates.

Binary Options University Must Reads. Thanks for checking out Binary Options University. There is one major topic that must be talked about way up front. RISK! Although you could make a lot of money trading these instruments, it’s also very easy to lose everything you invest. Please understand the Binary Risks before you invest any money. This site is for entertainment purposes and should not be held responsible for any losses you may incur. Advertising dollars are generated by clicking on some of the outbound links. You can learn more about this on our Privacy Policy. Binary Options Edge. End Of Day Strategies. Topics In This Forum. 18 replies: Last by traderJohnson, Oct 06 2017 09:32 PM. 2 replies: Last by Ewa, Sep 25 2017 02:37 PM. 4 replies: Last by Joseph95, Apr 16 2017 05:55 PM. 4 replies: Last by Sanz50, Jan 31 2017 08:12 PM. 28 replies: Last by MountainManXXX, Jan 07 2017 11:17 PM. 3 replies: Last by tims3057, Oct 10 2016 10:20 AM. 8 replies: Last by samcolly01, Sep 20 2016 02:36 AM. 4 replies: Last by sloanranger, Nov 15 2015 01:51 PM. 5 replies: Last by zztrader, Apr 24 2014 08:53 PM. Binary options trading method that generates 150% return.

Your broker doesn’t want you to know this! In this article I would like to share with you what I learned when I first started to trade binary options. I will describe my binary options trading method that I used for almost two years. The method made me over 150% annual returns while risking 5% at the time. I will also share with you something very extraordinary. Something your broker doesn’t want you to know. This is a “trick” that will allow binary option traders to shift theodds their way! Stick around because this is very interesting indeed. Let’s start from scratch. What are binary options? I won’t be going into technical details of what an option is and how it works. A binary option is simply just another derivative of the common option traded across the global markets.

Your binary option broker goes to the market buys the option re-packages it and sells it to you as a “binary option” with a massive mark-up! The trader buys the option at the so called “the strike price”. If the trader bought a CALL option, heshe bets on the price going higher – above the strike price. If the price is above the strike price (even by one pip), the trader wins the bet at the expiry date. The same stands for short positions. The trader buys a PUT option if heshe believes the market is going lower. If the market price is lower than the strike price at the expiry, the trader wins the bet. Broker – The only winner in the binary options market. The guy who invented this industry is a genius indeed! The very basic premise the industry works off is: In a very long time frame the amount of buyers (Call options) equals the amount of sellers (Put options). Based on the above principle, the broker will never lose money, assuming he will be in the business long enough to overcome possible exceptional markets swings. The simple genius of the binary option industry is: For every loser there must be a winner so: There are 100 buyers (let’s call them losers) and There are 100 sellers (let’s call them winners) In this scenario: The broker charges the looser 100% and pays out 70%-80% to the winner, keeping a whopping 30%-20% of every bet in his own pocket. To get some perspective – your ordinary FX broker charges you a paltry 3 pips! If you buy the option for $100 - and you lose, your $100 is gone but.

the guy who is on the other side of your transaction wins. He receives an $80 payout from the broker. The broker cashes $20 no matter what happens! This is a fat margin indeed! All the binary option broker needs to do is to maximise the trading volume to increase profits and lower the risk. This is why the industry offers such a wide selection of expiry dates. Traders can trade anything from 1 min to 6 months. As more often as better! I guess, most of the volume is weighted towards intra-day expiry as the industry attracts gamblers looking for a thrill rather than long term professional traders. This is Genius, genius, genius! The other, even more interesting feature of this industry is the marketing spin. The marketers are spinning “HIGH” – up to 80% pay-out as exceptional and attractive. Twitter is littered with display ads full of hot chicks and luxury yachts. People seem to go for it like there was no tomorrow.

Remember one simple thing: Getting anything less than 100% of the money you risked is simply bad economics. 80% pay-out risking 100% every time will drain your account within no time. It’s insane to believe you can sustain long term profits getting less than you risk every time! The guy above will not make it! Odds, accuracy and the Risk Reward Ratio in the binary option market. A good binary options trading method is naturally one that brings profits on a regular basis. There are a few tasks to be performed before deciding on your trading method. Since break-even is achieved when the total amount won equals the total amount lost, it can be calculated using the following formula 0 = Winning% X Average Return – (1 – Winning %) X Average loss. Say the traded amount is constant (same every time), average return 70%, and the loss is 100% of the betting amount therefore 0 = Winning% X 70% – (1 – 70%) X 100% therefore Winning % = 59% With a method which has an average return of 70%, you will need a winning accuracy of 59% or more to be profitable in the binary options trading industry. A more general way to analyse any binary options trading method is computing its expectancy. This is a single number that combines the winning percentage with the average return. This number tells immediately if the trading method is worth pursuing or not.

If the expectancy is greater than 0, you should consider it, if it’s not – move on from it. Expectancy = Average Return x Winning trades % – (1 – Winning trades %) Say binary options trading method has average return 70% and 65% accuracy. Expectancy = 70% X 65% – (1 – 65%) Expectancy = 0.105. The method should be considered sound. It’s a well know principle of basic risk management to keep losers smaller or equal to winners. This applies across all markets. Every trader works very hard to keep losers smaller or equal to winners. It is impossible to keep your losers smaller or equal to winners trading intra-day binary options. Your pay-out will always be 80% of your money at risk. These are facts. You need to think harder to stay ahead in this market. Trader must go against the odds and design a binary options trading method than generates more winners then losers to compensate for the unfavourable pay-outs. It is not always possible. If the trader is able to generate more wins than losses with the average loser being less or equal to the average winner, it is definitely a recipe for a financial independence.

It is a statistically sound approach and it is sustainable in the long run. Apart from the points above, the trader should consider other variables like trading times, asset class, brokers etc. It is important to get all variables tested before deciding to use them. Profitable binary options trading strategies combine only the most efficient choices. This is the technique I developed trading binary options. This is the technique I want to share with you today. This technique generated 150% return by risking only 5% per trade. Something your broker doesn’t want you to know. Back in 2013 I started to experiment with method and different expiry options. I tried every time frame offered by the broker.

1,5, 10 minutes, 1 hr. I have tested each method and tried to match them with the expiries. My trading logic was sound and I could be more than 60% accurate in the short term but I knew I might not always sustain 60%+ accuracy. I would struggle to generate profits in the long run due to poor pay-outs. I had to be over 60% accurate at the 80% pay-out to break even. On the top of that I had to account for human mistakes, missed trades, losing streaks and loss of confidence and more. I was ready to give up when I discovered “END OF DAY” OPTION! “End of Day” expiry options changed everything. You can close End of Day binary option before it expires getting back some premium on losing positions. And this is not something your broker is advertising! I bought $100 CALL option at 5:30pm expire end of day – 10pm. If it was an option less than one-day expiry (1,5,10 min, 1hour), I would lose my full $100 if the option expired “out of money” nor I would be able to close the option before it expired. “End of day” binary option holds some value during its lifetime and it can be can closed before it expires. In the case where the market going against me, I can close the “out of money” option and get back some premium. This means that if I bought a CALL option of $100 and it went against me, I would be able to close it before it expired and I would get back $10-$20. In this scenario, my losers are getting closer to my winners and I shift the odds in my favour.

I traded “End of day” binary options for almost two years generating awesome returns. I manged to keep my losers as big as my winners and my accuracy was outstanding. You can close your positions up to 15min before the exchange closes. The closing time varies between the brokers. Please check opening hours before you start trading. See some notes from my journal. Please pay attention to the accuracy and the average loss vs an average gain. I managed to retain a long term average accuracy of the system with 11 winning positions against only 5 losses. The average loss also met expectations and stayed well below the pay-out amount. My trading account grew astonishing 36.4% in just four weeks. Placed 21 trades in May, this included an astonishing 16 winning positions and only five losers, giving an overall accuracy of 76%! This is beyond the long term average accuracy of the system. The average loser amount remained within expectations and stayed below the average winning payout. Total nominal winnings amounted to €3530.3 and loses showed €-911.68. The account growth rate doubled since the last month and reached 63% Had maximum two consecutive losses in May recorded in the trading account.

Trading was performed in the live environment applying strict money management techniques. Recorded 17 winnings and one loss. This accounts for 94% accuracy in the month of July! My Trading account added €3,948 fresh equity and gave up only €70.1 in the process. From 08th July to 30th July I recorded 14 consecutive winning positions. It is needless to say, this is outstanding result and all time achievement. The monthly account growth read 67% and remained within long term expectations. As of today, the total equity accounts for €11,393 and stand for 570% growth in two quarters. All signals allowed a decent amount of time to fill the positions and provided an easy opportunity to trade. The above signals performance is 100% live traded. 21 trades in August, only 6 ended the day in money and 3 resulted in loss. Had 9 trading days with no signals and 3 of the trades did not fill due to fast moving prices. September 2014, as expected brought back to the more normal trading conditions. I placed a total of 19 trades.

Recorded 14 winning positions and incurred 5 losing trades. This accounts for almost 74% accuracy. This is slightly above the long term average. Unfortunately, the average loss climbed above the average win this month. This was due to higher than normal volatility during the US session. I grew the account by a healthy 35%. These are only a few months of notes but its needless to say that trading “End of day” options are the way to beat the binary markets. For most of my trading I manged to keep loses near or below winners and keep the accuracy way above 60%. As you can see from the figures, this is a really profitable technique. My Binary options trading method generates 150% risking 5%. So now you know how to shift the odds to your advantage. All you need now is a trading method that generates over 60% winners. I developed a few things about the method to trade these specific options. I used to place only one trade per day between 3 – 5pm gmt and I let it expire if it was in money or I closed it if I knew it was going to expire out of money. I was right on balance and got better with my judgment over time.

The binary options are priced based on time and volatility. More volatility in the price action causes the premium to disappear. It is important to avoid high volatility day when using this method. As less is going on the market, as more profitable the method gets. It is a simple daily swing method based purely on price action. It allowed me to place pending orders so it wasn’t time consuming at all. It took 10 min a day to setup a pending order on MT4 and copy to my binary account. It allowed me to be out of the market at the end of the day. It suited my lifestyle at the time. It performed the best on GBPUSD and EURUSD during low volatility periods.

It was deeply tested in any conditions before put to use with real money. I believe you are a professional trader and you could try any of your own methods. There are many trading techniques to apply, for example: but if you like to get this trading method together with MT4 indicators and templates. CLICK HERE TO RECEIVE MY BINARY OPTIONS TRADING method. I will email you my full binary options method description and instructions with indicators and templates for MT4. With all my heart. I ADVISE YOU TO STAY AWAY from trading intra-day maturity binary options . You will not succeed in the long run. The maths simply don’t add up. This kind of “trading” is a pure gamble and it lacks basic risk management features. But if trading binaries suits your personality, you can still enjoy it, but please lower your risk and. use only “End of Day” or longer options. I am not sure how many brokers use this kind of option today. I found them reliable and never had any issues with withdrawals or execution. Another goon one is ETX capital.

You might ask me – how come I don’t trade it anymore full time? Well I do… but now I use it rather to hedge my cash positions in FX. This is now part of a bigger trading approach I take. I do like FX better! I can generate less profits from trading FX but I take less risk. I like to trade less and keep my winning positions for longer. I suppose my risk appetite is changing with my age. Every trader needs to find a method that suits himher. If you liked this article. I would really appreciate if you could share it with fellows traders. I hope this will help them to beat the game in the long run. Warning! This E-Book improve your trading dramatically.

9 Powerful Forex Trading Strategies. 42 pages E-Book teaching you the most successful Trading Strategies. Strategies include Momentum and Role Reversal, Heikin-Ashi, RSI and Moving Average Crossover, Candlesticks and more. This E-Book contains step-by-step instructions, examples to teach you how to trade profitably. Author: Roman Sadowski. I truly believe the journey to profitability and freedom is a function of hard work, commitment, persistence and boring routines. There is no magic to trading. I believe in making calm rational decisions what, when and how to trade based on a decade of intense learning. Leave a Reply Cancel reply. You must be logged in to post a comment. Try us for 30 Days ( No Credit Card Required ) 50 Page Trading method E - Book.

Recent posts. Warning! This E-Book improve your trading dramatically. 9 Powerful Forex Trading Strategies. 42 pages E-Book teaching you the most successful Trading Strategies. Strategies include step-by-step instructions for Momentum and Role Reversal, Heikin-Ashi, RSI and Moving Average Crossover, Candlesticks and more. What's the difference between binary options and day trading? Binary options and day trading are both ways to make (or lose) money in the financial markets, but they are different animals. A binary option is a type of options in which your profitloss depends entirely on the outcome of a yesno market proposition: a binary options trader will either make a fixed profit or a fixed loss. Day trading, on the other hand, is a style of trading in which positions are opened and closed during the same trading session. A day trader's profit or loss depends on a number of factors, including entry price, exit price, and the number of shares, contracts or lots that the trader bought and sold.

An option is a financial derivative that gives the holder the right, but not the obligation, to either buy or sell a fixed amount of a security or other financial asset at an agreed-upon price (the strike price) on or before a specified date. A binary option, however, automatically exercises, so the holder does not have the choice to buy or sell the underlying asset. Binary options are available on a variety of underlying assets, including stocks, commodities, currencies, indices and even events, such as an upcoming Fed Funds Rate, Jobless Claims and Nonfarm Payrolls announcements. A binary option poses a yesno question: for example, Will the price of gold be above $1,326 at 1:30 p. m.? If you think yes, you buy the binary option if you think no you sell. The price at which you buy or sell the binary option is not the actual price of gold (in this example) but a value between zero and 100. The trading range fluctuates throughout the day, but always settles at either 100 (if the answer is yes), or zero (if the answer is no). The trader's profitloss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price at which you bought or sold). Binary options traders "gamble" on whether or not an asset's price will be above or below a certain amount at a specified time. Day traders also attempt to predict price direction, but profits and losses depend on factors like entry price, exit price, size of the trade, and money management techniques. Like binary options traders, day traders can go into a trade knowing the maximum gain or loss by using profit targets and stop losses. For example, a day trader might enter a trade and set a profit target of $200 and a stop loss of $50. Day traders, however, can "let their profits run" to take full advantage of large price moves. Of course, day traders could also let their losses get out of control by not using stop losses or by holding onto a trade in the hopes that it will change direction. Day traders buy and sell a variety of instruments including stocks, currencies, futures, commodities, indices and ETFs. End Of Day Trading method For Binary Options. To trade successfully with binary options, you got to have a good method.

It can’t be said enough. We’re not here to lecture you though and granted good trading strategies need time to evolve. Many traders find that within the bounds of their busy trading they find such a task difficult to accomplish. End of Day trading simply means concentrating your binary options day trading activities after the close of New York financial markets. Between the period from the close of the New York markets and the start of the Europe session, there is a long gap of relatively quiet trading (Asian Session). With little activities in the markets, traders can best use this time to analyze their charts and formulate their trading decisions for the day ahead. End of Day Trading: More Efficient Use Of Time. This trading method allows traders to fit their trading activities around their normal day work schedule. Unless you are a full time trader, it is difficult to sit and watch the markets all day long. In fact, there is a risk of over trading if a trader was to stay glued to his trading station all day. Studies have shown that on the average, low frequency traders are more profitable in the long run than those who trade more frequently. With this trading method, there are less clutter or noise and this gives traders a better environment for them to decide if there is a signal or not. Signals which are obtained during this trading period have more probability than signals obtained during intra-day trading.

This is because traders do not have to sift through the mountain of insignificant price actions. Many traders become confused and frustrated because they get clouded from over analyzing the market. Starting Off With End Of Day Trading. Before everything else, you should scan the market for a clear signal that will trigger your trading plan into action. This task should not take longer than 15 minutes as you are just simply perusing over the charts with daily time frames. If nothing stands out within the first 10 minutes, then there is probably nothing worth trading. Once you have found a signal, see if the price action match up to any obvious level or levels. Make it a routine to plot the resistance and support levels into your charts at the start of the trading week. These levels can be adjusted accordingly at the close of the New York markets. Gauging The Conditions Of The Market. The next step is to take stock of what the signal means in the context of the market conditions.

You need to see if the market is consolidating or trending and what is the obvious trading range. Even if the signal is strong but the market conditions are not ideal for the implementation of your trading plan, then you should best avoid acting on your signal. But if the signal is strong and market conditions are ideal, you can put your trading plan into action. Trading doesn’t need to be a messy affair and being glued to the charts looking for clear signal. The truth of the matter human beings tends to complicate matters and this where even many experienced traders are guilty off. However, by adopting End of Day trading stratgey as the cornerstone of your trading philosophy, one can continue living one’s life without any major disruptions and be consumed by the market. End of Day Binary Options Trading method. Did you know? Statistically (and on average), low frequency traders such as ‘end-of-day’ traders return more money over the long term than high frequency traders (such as ‘intra-day’ traders). What is end-of-day trading? End-of-day trading, also known as position trading, occurs when a trader (binary options trader included), identifies a high probability trade set-up on an end-of-day price chart and places a buy (call) or sell (put) position the next trading day.

As opposed to intra-day trading whereby traders place trades in a higher frequency (ie: more often throughout the day), an end-of-day trader places trades less frequently and uses end of day trading data to generate trading signals. End-of-day trading signals are generated off the daily price bar, after the trading day has closed. Intra-day monitoring of the price bars is not required. The ‘end-of-the-day’ officially refers to 1700hrs New York time. That is, a daily candle will always close and open with the New York trading session closeopen. For local markets however, the end-of-day candle will close and open in line with the local exchange trading session times. Why trade end-of-day strategies? End-of-day trading strategies are very popular amongst part-time traders due to the worklife balance the method and setup affords. Many end-of-day traders manage full time jobs and this type of method is considered less arduous and demanding, allowing traders to fit their trading activities around a normal work schedule. End-of-day setups, because of their higher timeframes, are often considered stronger and more reliable reducing trading ‘noise’ seen on shorter timeframes.

Plus trading and data feed costs are smaller (where applicable). For end-of-day traders, time constraints is not an added pressure for decision making, which is – when using 1 minute price bars for example – often counterproductive. End-of-day method: Inside Day Bollinger Band Turn Trade. When trading Bollinger Bands as a method, prices approaching the upper Bollinger Band are considered high while prices nearing the lower Bollinger Band are considered low. Traders often buy and sell when price breaks these key indicator level, however, strong trends will often ‘ride’ out the breach of the upper (or lower) Band rendering the trade a loss. Because Bollinger Band indicator method states that when price makes new highs in an uptrend and new lows in a downtrend, price will bounce (and break) the upper (or lower) Band, to generate a high-probability setup, binary options traders must filter the trading signals generated by Bollinger Bands by adding a confirmation function: an Inside Day. That is, traders should place a buy (call) or sell (put) trade only when the price candle following the one that breaks through the upper (or lower) Bollinger Band does not make a new high or low. By doing this, traders are increasing the probability that prices have hit extreme levels and a reversal is imminent. Further, as an end-of-day trader, the longer the timeframe, the more significant the reversal will be. Because binary options traders are not concerned with how much an asset moves in price, only the direction, it is important to confirm the Bollinger Band reversal points with the Inside Day. By using the Inside Day candle, which represents a contraction of volatility, if in an uptrend – volatility slows and price fails to make new highs (the Inside Day), traders recognise that price strength is weakening and a reversal is probable. When combined with Bollinger Bands which are used to signal reversal points, traders will look to sell at the break of the upper Bollinger Band followed by and Inside Day or buy at the break of the lower Bollinger Band followed by an Inside Day. Binary Options Trading Signals. Call Trade: Buy when price breaks through the lower Bollinger Band and is immediately followed by an Inside Day bar. Place the call trade at the high of the inside bar.

Put Trade: Sell when price breaks through the upper Bollinger Band and is immediately followed by an Inside Day bar. Place the put trade at the low of the inside bar. Responsible money management ensures that the losses don’t mitigate the profits. Binary Options Edge. End Of Day Strategies. Topics In This Forum. 18 replies: Last by traderJohnson, Oct 06 2017 09:32 PM. 2 replies: Last by Ewa, Sep 25 2017 02:37 PM. 4 replies: Last by Joseph95, Apr 16 2017 05:55 PM. 4 replies: Last by Sanz50, Jan 31 2017 08:12 PM. 28 replies: Last by MountainManXXX, Jan 07 2017 11:17 PM. 3 replies: Last by tims3057, Oct 10 2016 10:20 AM. 8 replies: Last by samcolly01, Sep 20 2016 02:36 AM. 4 replies: Last by sloanranger, Nov 15 2015 01:51 PM. 5 replies: Last by zztrader, Apr 24 2014 08:53 PM. Best Time to Trade Binary Options. Trading is tough and it is often time consuming. If you could somehow know exactly when prices are most likely to change, you could significantly cut down on the amount of time you actually spent trading and put that extra time to a better use somewhere else. Risk Warning – “Investors can lose all their capital by trading binary options” Luckily, you can determine the best time to trade and this can have a big impact on the rest of your life. No one wants to spend all day in front of the computer, and figuring out when the best time to trade binary options can help you find more free time. Recognizing when trading volume is at its highest is the first step to figuring out the best times to trade. For stocks, this is pretty easy to figure out.

The most action occurs when the trading day is first starting out and right before the end of the day. However, many binary options brokers do not allow for trading underlying stocks during the first half hour of the regular trading day. This means that you should focus on after this time period has passed. For U. S. stocks, this is going to be at around 10:00 or 10:30. This will vary from each broker. However, trading other assets is a bit trickier. You want to make sure that there will be definite movement trading when there is little or no movement drastically increases your risk of being wrong in your predictions. You might think that this is a tough question since many assets are traded around the clock, but there are definite patterns that arise as to when the most movement occurs. For example, currencies generally see the most movement when certain markets close. The Japanese yen is closely connected to Japan’s open market times. If you are trading the USDJPY currency pair, knowing when Japan’s trading day begins and ends will help you to figure out the best times to trade. For U. S. traders, the Japanese market day begins at 7:00 PM Eastern time and closes at 3:00 AM Eastern when you look at Tokyo’s times. The half hour blocks immediately near these times is going to see the most movement for the yen.

If you are trading the Euro, you will want to look at European trading times and adopt a similar method to trading as you would take on for the yen. The European market (Frankfurt) is open from 2:00 AM Eastern to 10:00 AM Eastern. The Best Time to Trade at 24Option. Commodities are a bit more difficult to determine when you should trade them. These underlying assets are universal in their trading times and are not unique are pertinent to any one marketplace. For these, looking at economic events is going to be in your best interest. Certain nations will release reports or news in regard to the major commodities at certain times and being aware of when these things will be released is a key part of anticipating market movements. This does make analyzing commodities a bit more difficult than trading other assets, but knowing when commodities are most likely to move, you are giving yourself a big advantage and saving yourself a lot of effort. This is called sentimental analysis and can easily carry over to other types of assets, too. Knowing when a company is going to make a major announcement can help you to more efficiently trade stocks and having an idea of when a Central Bank is going to release interest rates can help you to better trade currency. Trading in this manner will not give you a set trading time from day to day, but it will easily reduce the amount of time you spend actively trading.

Managing your time will allow you to trade smarter and reduce the amount of time you waste each day. The Risk is very high when it comes to trading. Make sure you understand what is at stake before putting any money to work. You could lose your whole investment account.