Binary Option trading – April 29th, 2015
At the moment, OB60’s most successful strategy for Binary Options trading with high market volatility is OBIF (from Italian Opzione Binaria Intervallo Fuori – “Binary Option Out of Range”).
Binary options trading system with boundary options
By starting a boundary-out binary option close to a major news of the economic calendar (ideally few minutes after its issue) we just have to hope for the news to trigger a high market volatility and the asset price to shoot up or down fast.
This strategy is valid even if the boundary-out binary option is started after the asset price has shot up or down because there could be a price correction that voids the initial variations.
Let’s see what happened on April 29th, 2015 and what were the amazing results that OB60 got.
On April 29, at 2.30 pm, the USA GDP data was released below forecasts and the cross EUR/UDS underwent a sudden surge (61.8% Fibonacci). We started another OBIF when the price was stable for few minutes and then it decreased.
We closed the first OBIF “In the Money”.
At 4pm the US Household income has been released and at 4.30pm we started a new OBIF that we closed OTM after 30 minutes.
Immediately after 5pm the EUR/USD price shot up reaching one of the resistances that we had predicted, therefore we started two new OBIF.
At the base of this strategy there is the ability to identify effective support and resistance levels and only once these levels are reached (after the news has been issued), the OBIF can be started.