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p0wn the Octopus : Trade forex binary options |
All it does is trade currencies against each other, which means that you have to look at the bigger picture instead of the smaller one.
The tools are the same: touch, range, etc... but you need to step back and look at general market and currency trends. Is the Euro going to go down or up against the Dollar? Will the Dollar trade high or low against the Yen?
If you’re good at predicting these sorts of things, then FOREX binary options trading is for you. Trading in currencies is how many well known traders have made their personal fortunes, and it’s also how you can make yours.
By trading in FOREX binary options, just remember to look at the big economic picture and to make use of it.