SAM Trading Tips
The video explains a trading strategy that uses support and resistance levels and fractal signals to identify buy and sell opportunities on IQ option. The strategy is based on technical analysis and requires applying a support and resistance level script and a fractal indicator on the chart. Traders should look for fractal signals that occur at SNR levels, and avoid trading during news releases. The strategy can be used on any currency pair and with a candle time frame of one minute and an expiry time of one minute. Winning and losing are both part of trading, and traders should follow the rules consistently and never risk more than they can afford to lose.
IQ Option SNR level fractal signals trading strategy
Introduction:
Trading in financial markets requires a precise and well-planned strategy that can increase the chances of profit and minimize the losses. In this article, we will discuss the IQ Option SNR level fractal signals trading strategy, which is a technical analysis based approach that uses support and resistance levels and fractal signals.
Setting up the chart:
To start trading with this strategy, traders need to apply the support and resistance level script on the chart. After that, they need to apply the fractal indicator with three periods. Once traders have done this, their chart will be ready for trading.
Trading rules:
In this section, we will discuss the trading rules of the IQ Option SNR level fractal signals trading strategy. The strategy involves identifying support and resistance levels and looking for fractal signals that occur at these levels. When a fractal signal occurs at a support level, it is considered a Buy Signal, while when it occurs at a resistance level, it is considered a Sell Signal.
Candle time frame:
For this strategy, traders will use a candle time frame of one minute with an expiry time of one minute. It is also recommended to avoid trading during news release time and use the European and New York sessions for trading.
Live trade demonstration:
To help traders understand the strategy, the video presenter took two live trade demonstrations. In the first trade, a fractal signal appeared at a support level, which met the criteria for a Buy Signal. In the second trade, a fractal signal appeared at a resistance level, which met the criteria for a Sell Signal.
Conclusion:
In conclusion, the IQ Option SNR level fractal signals trading strategy is a simple and effective approach that can help traders in financial markets. However, traders should always remember to trade responsibly and never risk more than they can afford to lose.
