317# Win Binary Options and Scalping

Submit by Maximo Trader

Win Binary Options and Scalping is a strategy that seeks to take momentum when the price reacts on dynamic or static support and resistance level.

So you have to wait for the price to reach a static or dynamic level and the subsequent opposite impulse, highlighted by an Arrow.

Setup Strategy

Time frame 5 minutes or higher Binary options time frame 5, min, 15 min), forex time frame 5 minutes or higher.

Currency pairs:any

Expiry time binary options: 2-3 candles.

Metatrader 4 Indicators

Arrow 1

Arrow 2

indi 2

Vline

Support and resistance

Trading rules Win Binary Options and Scalping

Buy

Price bounces off a static or dynamic support
A buy arrow arrow appears.

Sell

Price bounces off a static or dynamic r resistance.
A sell arrow arrow appears.

Exit position place initial stop loss below/above the previous swing high/log.

Profit atarge at the next Support and resistancce line o r with ratio stop loss 1:1.2.

I recommend to use only Buy and sell arrow on the static resistances and supports.

To apply this strategy you must have at least 8 charts open at the same time.

Also in forex it works well because the signals are very precise the recommended time frames are 15 minutes or more.

Examples of trades.