FOREX-PROTOOLSIvan demonstrates how to use his latest manual indicator, Binary Circle, for binary options and forex scalping across various timeframes.
Exploring the New Strategy of Using Binary Circle for Trading
Binary Circle: A Brief Overview
Binary Circle is one of the latest manual indicators for traders who want to learn about the latest trading systems using binary options. This tool is quick and efficient and can be used to make profits by predicting the movement in the financial markets. In this article, we will explore a new strategy of using Binary Circle for trading and how it can be used in various time frames.
How to Use Binary Circle for Trading?
In the previous video, we discussed how to use Binary Circle to trade on a candle next to the opening. However, in the new strategy, we find this approach even better. In the live signal, we take 5-minute expiry and enter the trade in the very beginning of the next candle. We look at the next candle after opening and enter the trade when it’s in the money. Let’s explore this strategy in detail below.
Using Binary Circle for Trading in M1
When using Binary Circle for trading on M1, you can enter the trade in the very beginning of the next candle. You need to wait until the signal indicates that it’s in the money before entering the trade. This strategy can help you make profits quickly by predicting the direction of the market movement.
Exploring the trading strategy on Different Timeframes
Whether you are trading binary options or forex, you can use Binary Circle in different time frames to make profits. Here are some popular trading strategies using Binary Circle:
Using Binary Circle for Forex Scalping
You can use Binary Circle for Forex scalping in different time frames such as M1, M5 or M15. The 5-minute time frame could be the best for scalping, as you can get up to 20 signals per day with 10 pips per trade. This strategy can help you make profits quickly by predicting the direction of the market movement.
Long-Term Forex Trading Strategy
You can use Binary Circle for long-term forex trading on different pairs such as GBP/USD, USD/Swiss, and JPY. Through this strategy, you can keep a trade open for a longer period of time and make more pips.
Exploring Binary Circle for Trading in Different Markets
Binary Circle can be used in various financial markets such as indices and commodities, including oil. This market can be highly volatile, but Binary Circle can help you make profits by predicting the direction of the movement.
A Word of Caution
While Binary Circle could be highly effective in making profits, traders should always use caution when investing in the markets. Market conditions could change quickly, and the performance of the tool could vary based on the specific market and time frame.
Final Thoughts
Binary Circle is a new tool that can help traders make profits by predicting the direction of the market movement. Through different trading strategies, traders can use this tool to make profits quickly or hold trades open for longer periods. However, traders should always use caution and be aware of market conditions before investing in the markets.
