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Forum Best Time To Trade Forex Binary Options Reply To: Best Time To Trade Forex Binary Options

Adam Richardson

LEVEL 2 : NOVICE

REVIEWS 7 | REPLIES 4

#1563

trader4life

August 27, 2015 at 11:33 am

Sure, no problem, we are here to help each other.

I use binary options for intra-day trading where I look for small bounces on certain levels. Spot forex trading on the other hand is more focused on longer term trading. I mostly look at the monthly, weekly, daily and 4 hour timeframes. I will sometimes use the 1 hour for entries and exits. My trades usually last anything from 1 day to a few weeks depending on how strong the trend is. I basically just use binary options to keep myself busy so that I don’t mess around with my spot trades.

Combining these 2 trading strategies gives me a better feeling of what the market might do next. I hope it makes sense for you.

Regards,
Trader4life