Binary Stock Options Trading Technique

How To Properly Trade Binary Stock Options On The Opteck Trading Platform

The most effective way to trade binary stock options on the Opteck platform is by using a split-screen set-up which utilizes both the Opteck platform and the more advanced, real-time quotes, detailed charting software available for free from ThinkOrSwim by TDAmeritrade.
1) Use the TOS charting software on either 5 minute or 1 minute bars for timing your binary stock options entries on the Opteck platform. 2) Simply execute your trades with the push of a button on the Opteck charts.
This simple but effective set-up can greatly improve you binary options trading results over using just the charts available at Opteck, or any other binary options broker. Best of all you can make this improvement in your trading right away and for free!

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Opteck Trade Ideas - EUR/USD For 5/16/2012

Opteck Trade Ideas - Forex Binary Options Trade EUR/USD For 5/16/2012

Event Trigger: 2:00 PM FMOC FED Minutes Released
Potential Play: Short-Term Rebound of EUR Against the USD Following FMOC Minutes Release

Time of event: 2:00 PM EST
Trade Time: Immediately Following FMOC Minutes Release

Trade Specifics: Buy EUR/USD Forex Binary Options Contract With 3:00 PM Expiry
Conditions: Only If Price At 2:05 > Price At 2:00

Analysis: Current weakness in US markets strongly suggests that the FMOC will use language reiterating their commitment to "do more" if weakness persists. Doing "more" is simply hinting at monetary easing which should put short-term downward pressure on the USD versus the EUR. In addition the sharp sell-off in the EUR/USD over the last few weeks begs for a relief rebound at this point and shorter term charts are suggesting that this time very well may have come. Watch the charts, listen to the charts. Trade Smart.

Trading Forex binary options involves significant risk. The above trade idea is for informational purposes only and should not be the sole basis for an investment or speculative play. We will not be held responsible for any damage caused by basing your trades solely on the information found here.