Now, because Binary Options Trading Signals Live want you to get the best experience as possible with their service, they have decided to offer a free trial, which not many services do. The free trial is on a Monday morning and guess what? No credit cards are needed, so you are at no risk of losing any money what so ever. In fact you only stand to make money with their free trial.
Once you sign up, you’ll then be connected to the live trading room where you’ll be presented with a number of different charts displaying currency pairs. Some of which will be the likes of EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, AUDUSD just to name a few.
This particular services uses a number of different strategies to fine tune their trading process, and some of these strategies are; Trend Trading, MIM Strategy, and Humphrey’s Strategy.
Trend trading is very common amongst all traders, as it’s probably one of the first things they hear, and a common phrase you’ll hear is “the trend is your friend”. A trend can show you what type of market you’re in, whether it be a bull market, bear market or range market. Bull markets are where price continually makes higher highs and high lows. Bear markets are where price continually makes lower lows and lower highs. Range markets is where price is showing no clear direction and is choppy and all over the place.
MIM Strategy is a 3 candle pattern on smaller time frames such as the 15 minute or 5 minute. This strategy works by keeping a watchful eye on the live trading floor for specific signals, which are provided as part of the software by Binary Options Trading Signals.
Humphrey’s Strategy is a rather effective and popular strategy amongst traders who are part of this group, as this is the one that tends to produce the most winning trades. One of the main reasons why this particular strategy produces the most wins is that, you have to let the trade run it’s course over the allotted time.
All of these strategies are explained in greater detail when you join the program, as well as an introduction into more strategies.