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Forum Spot Forex vs. Binary Options – Is it worth the switch? Reply To: Spot Forex vs. Binary Options – Is it worth the switch?

Jed Monreal

LEVEL 2 : NOVICE

REVIEWS 7 | REPLIES 5

#1717

Sniper

August 31, 2015 at 2:02 pm

Hi Micaela I would like to chip in and give some advice. I saw someone post somewhere on the forum that he uses both binary options and spot forex to trade with. I can’t recall which topic it was though, but here is how he does it:

So basically he focuses on long term trading the spot forex market. he uses anything up from the 4 hour timeframe. he sometimes uses the 1 hour for entries and exits. this also gives him some sort of trend to take binary options trades in the same direction.

He then uses binary options for smaller moves in the market. he trades them to keep him busy so that he does not fiddle with his longer term spot forex trades.

I hope you can make use of some of this information, because I know that I am definitely going to give it a try 🙂