But with binary options trading, that is not always possible. The expiry time you picked at the start of the trade is the one you are stuck with there are some exceptions — see the section on early close below. So how can you tackle these choices and choose profitable expiry times?

Following are four suggestions. No matter what, the first thing you need is some kind of strategy to trade with. You need a system which gives you entry rules. You must start by learning how to recognize those formations. Then you need to come up with a rule for how and when you will enter trades. The next recommendation is that you go through and backtest your strategy as you would trade it for traditional FX.

Go through old charts and note down trade entries you would take as well as the exits you would ideally make. If the results are profitable, you have a system that may potentially work for binary options as well.

Now you should have a pretty good idea what an ideal expiry time looks like for your typical trade. If you have a broker that allows you to set customized expiry times, use what you have learned to do so.

Just think of it like setting a stop-loss. Most binary brokers do not allow this however. They will only offer you a certain selection of expiry times.

It is up to you to pick the best one — or skip the trade. For example, the screenshot below from IQ Option platform demonstrates that the range of expiry periods is quite limited even with brokers that offer a rather flexible choice:.

If there is an expiry time available near where you would set a stop-loss , that is a great choice, and you should go with it. If there is not one, think about timeframes. Is there an expiry time which may still be appropriate given your trade? If you have been testing price action strategies on the 1-hour chart, for example, and most of your profitable trades during testing spanned several hours or longer, it makes no sense to pick an expiry time 20 minutes in the future, or several months from now.

But if there is something within a few hours, that may be a viable choice. Likewise, if you are a position trader banking on some kind of long-term political event, it would make zero sense to pick an expiration period which is just a few hours or days ahead. And if you are using a strategy for scalping, an expiry time of even 10 or 20 minutes might be too much. You may do better with second trades. A quick note about second trades: If you can profit off of them, by all means, do so.

But if you are a newbie, it is important to recognize that this timeframe is incredibly volatile. So, if you are still in the stages of choosing a strategy, go with one that will naturally steer you in the direction of longer expiration periods. You will be dealing with less volatility. Less volatility means less uncertainty, which in turn means a reduction in risk. The next tip for choosing appropriate expiration periods is to make sure that you demo test before you go live.

As was mentioned before, there are some questions about exiting trades which you cannot reliably answer while backtesting. But with demo testing, you can find out whether your strategies will work in real life with real-time data and trade opportunities. Either your trades will work out as planned, because the expiry times you need are readily available….

Your plan will not work out at all, because the expiry periods you need are rarely or never available…. Your system will sort of work. The expiry times may not always be ideal, but you may discover with some tweaking that you can get the results you need.

You cannot overestimate the importance of this step. There is no other risk-free way for you to know whether the system you came up with during backtesting is viable when traded live with real money. One of the more insightful conversations I ever had with a binary options broker concerned the early close feature which some websites offer. Early close allows you to exit a binary options trade you are in before it expires.

We are waiting for the red arrow to appear above the candle, wait for the close and buy a down option, also with an expiration of 1 candle. Trading time: avoid very strong news and keep an eye on the economic calendar or use break even strategy ;.

Expiration time: 1 candle for example, if we trade on a 5-minute timeframe, then the expiration is set for 5 minutes ;. Binary Brokers : The only site that meets all the new requirements now only THIS ONE! Use the rest - at your own peril and risk! To download the strategy for free - just share your comment here, immediately after that a link for downloading files will appear here.

Skip to content Market analysis Trading pairs Forecasts Technical analysis Terms Binary Options Where to start for a newbie Contract types Terms of trade Trading Methods Training online webinars Binary Options Signals Copy trades Broker rating BO strategies Trading Graphs Indicators Advisors Trading platforms Heat map of currencies Economic calendar Forex Brokers Signals Strategies Crypto Blog Demo account Contact.

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Strategy for beginners: 1 candle is used in binary options, usually as an additional entry signal, but you can also trade only one indicator that is used in it. A specially configured indicator that works without redrawing shows the direction of buying an option with arrows. In general, the signals are the zones: overbought and oversold, and with this signal indicator, trading is noticeably simplified.

For the strategy to work, the MT4 program is required, into which all the necessary files are installed. We wait for the signal blue arrow that appears under the candle, wait for the candle to close and buy the CALL option with an expiration of 1 candle. With the purchase of a PUT option, everything is the same. We are waiting for the red arrow to appear above the candle, wait for the close and buy a down option, also with an expiration of 1 candle. Trading time: avoid very strong news and keep an eye on the economic calendar or use break even strategy ;.

Expiration time: 1 candle for example, if we trade on a 5-minute timeframe, then the expiration is set for 5 minutes ;. Binary Brokers : The only site that meets all the new requirements now only THIS ONE! Use the rest - at your own peril and risk! To download the strategy for free - just share your comment here, immediately after that a link for downloading files will appear here.

Skip to content Market analysis Trading pairs Forecasts Technical analysis Terms Binary Options Where to start for a newbie Contract types Terms of trade Trading Methods Training online webinars Binary Options Signals Copy trades Broker rating BO strategies Trading Graphs Indicators Advisors Trading platforms Heat map of currencies Economic calendar Forex Brokers Signals Strategies Crypto Blog Demo account Contact.

Like this post? Please share to your friends:. Related articles. Strategies 0 Our new review is dedicated to a brokerage project that offers safe and easy cryptocurrency trading. Epbitcoin Company. To gain financial independence without much difficulty is promised to its users by a brokerage project that has hit the market today. Strategies 0 4, The principle of the strategy, which is based on the tactics of Martengale, is very familiar to all lovers of gambling.

Strategies 0 23, Look for a completely complete list of TOP new working and profitable binary trading strategies. Новые Старые. Межтекстовые Отзывы. Посмотреть все комментарии. Загрузить ещё комментарии.

Now you should have a pretty good idea what an ideal expiry time looks like for your typical trade. To find the ideal broker for you preferred type of expiry, we recommend taking a look at our broker top list, where we compare the best brokers and their features, making it easy for you to find the broker that offers the expiry times you are looking for. To gain financial independence without much difficulty is promised to its users by a brokerage project that has hit the market today. It is important to give the market enough time but also keep the target price close. So, if it makes sense with your exit strategy, do make use of this tool. For example:.

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