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Then you have to wait for this to reverse. You will know this is happening when you see three falling price candlesticks in a row.
This is an indicator that the trend is reversing and gives you a signal that can be used to make a trade. In this trading pattern, the price trend of the asset is not relevant.
Instead, you look at the trend lines mentioned above. What you should look for specifically is a closing price the is just below the resistance level the upper line or just above the support level the lower line.
In this situation, it is much more likely the price will move away from the line than go through it, breaking the trend.
Therefore, you can use this as information to place a PUT trade if the price closes just before the resistance level and a CALL trade if the price closes just above the support level.
It works by simultaneously using exponential averages. There are three of them, all with different periods. On the chart of your selected asset you have to mark in blue the first line you see with a period of six.
Mark in yellow the second line that has a period of 14, and mark in red the third line that has a period of The best time to place a binary options trade a PUT trade is when the blue and yellow lines intersect.
The best time to place a binary options trade a CALL trade is when the blue and yellow lines intersect.
Again, it is about identifying trend reversals. To spot an upward trend that is about to reverse, look for two candlesticks where the second closes in the middle of the first one.
The candlestick that immediately follows the third candlestick in the row should be ascending. If a fourth candlestick also shows a price increase, a trend reversal is probably imminent.
You can work this pattern the opposite direction to spot a downward trend that is about to reverse into an upward trend.
These potential price reversals are good information that you can use to place binary options trades. Therefore, it is usually used by traders who have built up some experience using other strategies.
It is an effective trading pattern so it is one you should explore when you feel comfortable. The specific type of pin bar candlestick that you should look for is one with a long tail and a small body.
The direction of the tail indicates which way the price might move as it demonstrates which way the market is moving. This is a signal that you can use to place a binary options trade.
Not all pin bar candlesticks with tails are the same, and not all are suitable for this trading pattern. Here are some additional criteria that you should apply to ensure you get a pin bar candlestick that generates an accurate trading signal: The signal is regarded as strong when these conditions are met.
Usually, strong signals are an indicator that you should place a trade. You now need to know whether the price of the asset is going up or down so you can place a winning trade.
If the tail of the pin bar candlestick points up, you can expect the price of the asset to go down in most situations. The reverse happens as well.
If the tail of the pin bar candlestick points down you can expect the price of the asset to go up. This is done using the technical analysis tools available in the IQ Option.
In fact, it is one of the most commonly used strategies by traders of all levels of ability. Weightage and smooth moving averages, however, are usually only attempted by experienced traders who are deploying complex strategies.
Of the four options — exponential, simple, smooth, and weightage — simple and exponential strategies are also the easiest to calculate.
This makes it possible to create profitable strategies and place winning trades. That said, exponential and simple moving averages are not exclusive to beginner traders.
They are also used in complex strategies to increase profit margins and win ratios, with the objective being to maximize the benefit of the breaking line and rebound line in the corridor.
It is another one that is based on moving averages, but this time we are only interested in smooth moving averages. The reason for this is that smooth moving averages are largely unaffected by insignificant fluctuations in the market.
This gives better information and, potentially, makes it more likely to place winning trades. The smooth moving average that you will monitor will show the different moves of the asset within a defined time period.
The lines you see will show the price the asset is likely to reach within the time period. If the candlestick opens upwards, you should place a CALL trade.
When the candlestick opens down, you should place a PUT trade. If the candlesticks look any other way, you should not enter the market.
This is because it is too difficult to predict which way the price is going to move, i. This pattern is one of the simplest to understand and execute at IQ Options.
It is based on the support lines and resistance lines of an asset, as explained above. These are the lines that indicate the upper and lower prices that an asset trades between.
If those lines are broken, it is an indicator that something else is going on in the market aside from normal price fluctuations.
It can, therefore, be a signal to place a binary options trade. In simple terms, your trade should go with the direction of travel. This means placing a CALL trade if the candlestick closes above the resistance line and a PUT trade if the candlestick closes below the support line.
This is because the price is likely to continue moving up if the asset breaches the resistance line, and it is likely to continue moving down if it goes through the support line.
This is a commonly used investment pattern that looks at the volume of trade on a particular asset to generate a signal of which way the price is likely to move.
In IQ Option, you use a chart that shows three lines — or bands. The middle band is the smooth moving average and will have around 20 candlesticks.
The bands widen and narrow depending on the volume of trade taking place on a particular asset. When trading is heavy, the bands widen; and when trading is light, the bands narrow.
What you should look for is a rapid widening of the bands, as this can produce a signal that you may be able to use to place a trade.
As you can see, IQ Option offers trading strategies that vary in terms of type and sophistication. This is one of the reasons that it is such a popular binary options trading platform.
It gives you all the tools you need to develop a trading pattern. You can use the many analytic tools available — all of which are free — to improve your trading patterns and how you interpret price movements.
IQ Option does offer a demo account facility, so you can try the platform before risking any of your own money. Signing up is easy.
You can even sign up using Facebook or Google. Once registered, your demo account will become active. The money and trades are virtual, but they are exact replicas of the real cash trading platform.
This means you can use your demo account to develop, test, and refine trading strategies as well as work out whether or not you like the IQ Option platform.
You can use a demo account to learn what binary options trading is about, get an understanding of the terms used, and learn more about the strategies that work.
Once you feel you are ready, you can convert your account to a real cash account by depositing money. This will allow you to trade using real funds.
Since it first launched, IQ Option has received numerous awards in the binary options industry. The most recent was an award for being the most reliable broker on the market, while another award was given to IQ Option for having the most innovative trading platform.
These awards are industry awards, so the judges include the most experienced and well-respected names in the industry.
In addition, IQ Option beat off stiff competition to collect the awards. They are all respected binary options brokers, but IQ Option beats them all.
This is unfortunate, as it is one of the best binary options brokers on the market. If you like to have a lot of options as far as different assets to trade on your binary options then you have come to the right place.
IQ Option offers over different options to trade on, many of which are popular stocks such as Wal-Mart , Google and Apple. They offer their users the ability to choose between stocks, indices, commodities and matched currency pairs to trade with.
There is enough variety of assets that any level trader should be able to find ones they are comfortable trading with. IQ Option decided once again to be innovative and design a trading platform that they thought would really appeal to their many traders and be simple to use and understand.
Well they did a great job at this. Their trading platform is among the best we have seen. It is laid out nicely and easily menu driven.
It also has unique zoom and custom layout features which are quite unique to say the least. It is a platform that will appeal to many traders to say the least.
The well-designed trading platform makes it very easy to execute trades on the website. All you need to do to place a trade is sign onto the website and go to the trading page.
From there you select the type of option you want to trade, the asset you want to trade with the option and the amount you want to invest. All this can be quickly done with just a few simple mouse clicks; it is really that easy to place and execute a trade on IQ Option.
There has been a lot of mention about how innovative the IQ Option trading platform and offering is. One of the best examples of this are the binary options tournaments they run the tournaments are subject to terms and conditions.
This is a unique feature to IQ Options and brings an element of fun and competition to binary options trading. You then have to get to work placing binary options trades.
The participant with the highest virtual tournament balance at the end gets the top prize. Some of the prizes are variable, so they depend on the number of tournament participants there are, while other prizes are guaranteed.
The rules for each tournament can vary, but some give you the option of buying back in to the tournament if you lose your virtual tournament balance.
The tournaments are an exciting new twist on binary options trading. In fact, we have seen prize funds worth times the entry fee.
The tournaments at IQ Option are exciting and fun, but they are also a competition that is there to be won, and there is real money up for grabs.
This presents an opportunity, particularly given the fact that many people involved in the tournaments do so without a clear pattern.
What is the best thing no matter what binary options website you are using? It is as easy to make deposits on IQ Option because of all the different forms you can pay your deposit.
Making withdrawals is a very streamlined process also. They will generally be processed in business days and they can be done in many of the same forms as was used to make your deposit.
There are no fees or commissions for deposits or withdrawals made with bank cards or e-wallets. Customer support was very helpful and very good at resolving issues but we had some problems with the way the customer service was handled.
It meant there was no way to get an answer to a question or concern in what would be a timely manner. We feel that IQ Option is excellent here. In fact, it is one of the most respected binary options brokers available.
It has not earned that reputation easily. It has done it through innovation and by offering a trading platform that gives traders everything they need to execute trades and learn more about developing trading strategies.
This sort of innovation and development of the platform requires investment and commitment. IQ Option has been rewarded for this investment and commitment, as it has received many awards.
These awards validate their position in the market and are an indicator of the quality of the platform. The awards include the most innovative binary options trading platform in because of the tools it offers to traders.
Our investigations have discovered that IQ Option operates strict policies regarding payments, and they have robust rules around protecting personal data and ensuring your money is safe.
Traders using the platform have the ability to trade cryptocurrencies. One out of 7 crypto currencies can be traded via CFD instruments.
The current crypto currencies which can be traded via the platform include:. Our first impression of graph controls is that it does take some getting used to.
Perhaps the confusing part of the program is the way in which the move and zoom controls work. We also thought that the analysis tools were very basic especially for someone who has a Forex background.
Though the indicators are the stars of the platform and are something, we recommend that you regularly use in conjunction with other technical tools.
The good thing about the program is that the withdrawal and deposit features are part of the primary interface.
If you look at the bottom of the interface, you will find a list of all the trades other users are entering into, and all of this information is in real time.
The data will help traders gauge the direction of the market even if it does not contribute to aggregate overall trader sentiment like the way SpotOption does with its platform.
There is also a mobile version of the platform mainly for users who need to trade while on the go. We like the fact that the asset list is long, including currencies, indices, stocks, and assets, which amount to over underlying assets.
Most traders will find all of these assets more than enough when it comes to helping them develop a more diversified portfolio which can withstand market volatility.
The cryptocurrency world, unlike the fiat currency world, is continuously changing. Each day sees vast shifts in value, trends and overall market share.
Plus, we continue to see the emergence of new cryptocurrencies. Having said that IQ Option has added three new cryptocurrencies to their trading platform.
The currency originated in China. It allows for you to arrange payments via digital assets and by using smart contracts similar to Ethereum and other currencies.
However, NEO shares other similarities with Ethereum too like they are both cryptocurrency projects that use open source technologies which makes them perfect for ICOs, smart contracts, and Dapps.
Since it is similar to Ethereum with perhaps one of the significant differences being its country of origin, it is often called. Stellar is an open source, distributed hybrid blockchain which was created with the goal of facilitating the easy movement of finances.
This currency speeds up the process and makes it a lot cheaper. The main advantages of Stellar Trading are:.
The platform gives users nearly unlimited opportunities to run a trusted decentralized network of applications. New services can be introduced to reduce the gap which currently exists between the conventional business world and blockchain technology.
The wallets can exist on any mobile device. We consider Stop Loss and Take Profit to be two of the most significant new features to trade management system.
Both these features perform a similar function to the Technical Analysis tool, but with one difference, i. The Take Profit is a feature which allows users to set a price or value at which the transaction will be completed automatically when reached.
The SL and TP are tools which can help to ensure that a certain trade price is reached. The Stop Loss is used to minimize losses and not intended for taking a profit.
So, a trader can set the maximum loss they are willing to bear for a particular asset. When the price drops to that level, it will execute an automated sell.
This ensures security for the trader and prevents extensive damage to their bankroll. The ability to trade both CFDs and Forex is an exceptionally powerful feature and a popular one at that too for traders who want to leverage the global markets to pad their risks.
But it is this regulation which has helped create a healthy industry because traders can trust it to protect them.
The Forex trading feature is like exchanging currencies, i. While CFDs rely on the differences between the closing and strike price.
These are the same elements in binary options trading, and so most traders will be familiar with them. It is a feature that many newbie forex traders will find exceptionally useful.
If you go to the forex CFDs trading screen, you can set the strike price for assets you are interested in trading.
IQ Option allows traders to leverage maximum 1: Now you can have an even bigger choice between mobile and tablet apps, desktop application and web version.
Experience the ultimate cross-platform trading, which follows you everywhere you go. Feel at home with us, take us out!
As it is an online trading application, please be reminded that a network connection is required. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
We update the app regularly so we can make it better for you. Get the latest version for all of the available IQ Option features. This version includes several bug fixes and performance improvements.
Thanks for using IQ Option! Stocks, Forex, Finance, Markets: Trade Forex at any time, at any place!