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Binomo is one of the world’s most popular brokers that offers an online trading platform where financial investors can earn additional income. Each new trader at the beginning tries to find for himself the most profitable way to invest in Binomo trade.
For this reason, they decided to offer the simplest and most effective trading strategy, which can provide an investor with getting an additional income and also allow them to answer the question
How to trade on Binomo?
The instrumental forecasting mode that they offer is based on a combination of highly effective indicators of automatic market analysis, available on the company’s terminal, which makes the system accessible to every investor.
This method of engaging on a binomo trade is based on the principle of automatic analysing trading quotes, therefore it will be understandable and available for work to any non-professional trader. But at the same time, this way of https://binomo.com/ has a very high efficiency, which will be useful for all trading professionals. Thus, the system is universal for this indicator.
Tools and strategy:
Given that the bulk of traders prefer to work inside trading sessions using short-term refusal , they offer a working strategy that is optimal for classic trading and contracts with minimal expiration. The use of these types of values allows an increased level of trading dynamics and leads to a highly dynamic increase in trading capital. The most profitable deals are contracts with a range of 3 to 10 minutes. The system that they offer as the most profitable method of trading is based on the combined use of such a list of analytical tools.
Indicator of the Bollinger wave:
This technical tool is fundamental in strategy. The basis of this work is a combination of different period moving averages, which, thanks to well-developed settings, are able to determine the dynamic channel of asset value fluctuations and average price indicators in a certain market period. Thus, Bollinger is able to generate entry points in areas of short-term quotation reversals, as well as at the time of emergence of new trends
RSI indicator
A tool for determining the relative strength of a trend, it provides the widest range of indicators necessary for an investor to work.RSI determines trend direction, its strength relative to a previous period, as well as areas of market extremes in which price reverses quotes. In this way, RSI can be effectively used as an aid in determining general trends and filtering false signals.
MACD indicator
The last element making up the strategy is used as a second signal filter, which is necessary to increase efficiency of the forecast system. The fact is that MACD reacts very accurately and as correctly as possible to short-term changes in a direction of building quotes, which can be used as a confirmation indicator for a signal.
Optimal Trading Assets:
Universality of reception of a binomo trade market allows it to be used as a tool for generating forecasts on any financial asset. However, to increase effectiveness of trading and obtain more dynamic indicators, they recommend using the most volatile of them.
This includes pairs of major world currencies, as well as gold, which shows maximum fluctuations in value during a trading day. In addition to the technical attractiveness of these assets, investors have the opportunity to receive maximum payments on contracts from 65 to 90% ( depend on account type).
Deals rules:
The following set of indicators of instruments is necessary to use as signals for buying on CALL and for adding in binomo list:
- Quotes touched the lower boundary of the channel formed by the Bollinger Waves
- RSI moving indicates an uptrend.
- Filtering MACD indicates a reversal of quotes – the oscillator lines crossed on a top.
- Example of buying Call method on Binomo
For PUT deals, the instrumental strategy forms the inverse format of technical signals:
- Quotes touched the upper boundary of the channel formed by the Bollinger Waves
- RSI moving indicates a downtrend.
- MACD indicates a reversal of quotes – the oscillator lines crossed down below.
- Example of buying Put method on Binomo
Binomo app review
There’s also Binomo app available.Binomo trade webiste or apk , in principle, has no drawbacks, but still there are a few technical drawbacks. Second is the inefficiency of signals for highly profitable forms of options (turbo). But despite this, the strategy works great on classic binomo trade.
In the main advantages and positive aspects of the strategy, it is possible to include its simplicity, high efficiency and productivity of signals, versatility of the analytical tools and the statistics of profitable options. To summarize: An example of a simple and effective strategy that they have proposed for us can be an excellent opportunity for working online for binomo trade market investors of any level of knowledge, professional skills and volume of trading capital.
When choosing a binary options broker, you always need to consider security. I personally chose binomo and constantly make sure that I made the right choice.
I solved many of my problems thanks to trading on the binomo platform, this brings me really decent income
I constantly participate in tournaments that are held on the Binomo platform and even managed to win prizes.
I like that Binomo constantly has different activities, such as bonuses and tournaments. It motivates.
Binomo is one of the most reliable ways to quickly and easily earn your first money. You only need the desire and desire to learn something new.
I tried different ways of making money, but working with Binomo turned out to be the most profitable financially. Now I’m not even looking for anything else.
In fact, Binomo is the only platform where payments are made so quickly. Other firms have much longer.
One of the best platforms for beginners – there is a demo account, a convenient interface for work and training.
The platform is perfect for work. I did not find any malfunctions during use. The best platform I’ve worked with!
I lost $ 1200 on binomo
Hello, Denis! We’re really sorry for your bad experience. We advise you to go back to demo account and start work out your new trading strategy. It’ll help you to avoid similar concerns in the future.
We hope for your successful trades!
Kind regards.
Maine binomo pe trading karke kafi kamaya hai, is trading platform se har koi kama sakta hai , ye apni doosri income karne ka ek acha tarkia hai, iski grahak sewa bhi 24/7 available rehti hai.
In order to become successful in trading, first, do not expect trading to immediately start providing for you, and second, practice trading on a demo account for at least a month, Binomo has a demo account too. Only practice can help you understand how to trade correctly… And of course, do not forget to study Binomo strategies, especially since there are a lot of educational materials on trading on Binomo on the Internet.
I’ll tell you a secret. The Internet is full of profitable trading strategies on Binomo. Search for them and try every strategy on a demo account. If you see that the strategy is profitable, start working with it on a real Binomo account.
Standard strategies are actually not very effective, and not only on binomo, because they are constantly being used by thousands of beginners. It is a better idea to spend some time to understand the principles of trading yourself.
A fairly detailed guide to binomo especially for beginners, because if you are encountering this platform for the first time, it will be quite difficult to figure out yourself.
Of all the indicators on Binomo, I like MACD the most. When I started using it in my trading, I started making profits right away, it really works very well. At least it works in 80% of my cases.
It’s all very simple. I downloaded the Binomo app to my phone, watched training videos, traded on a demo account, and went for it!:)
Trading must be approached wisely and with focus. You shouldn’t get excited, or your trades are doomed to failure. Experienced traders can wait several hours before entering into a trade, which drives their results
I wouldn’t describe trading on Binomo as gambling. It’s more like following a certain strategy. You have to factor in risks and volatility to make profitable trades
I fully agree with the author that Binomo’s popularity grows every year. This comes as no surprise because the platform evolves with every update. They may have had a rather scant choice of trading instruments at first, but now you can find almost anything you need in the trading terminal. And their attitude to their users is also worth noting. It’s always nice to feel respected.
With a little practice on a binomo demo account, it will be clear how to use indicators for successful trading.
To be honest, I lost my first two deposits while trading on Binomo. But I was green back then and relied solely on luck. Then I found a person online who taught me how to trade, and I started making profits.