How to play Binomo

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Binomo is one of the world’s most popular brokers that offers an online trading platform where financial investors can earn additional income. Each new trader at the beginning tries to find for himself the most profitable way to invest in Binomo trade.

play on the binomial ground

For this reason, they decided to offer the simplest and most effective trading strategy, which can provide an investor with getting an additional income and also allow them to answer the question

How to trade on Binomo?

The instrumental forecasting mode that they offer is based on a combination of highly effective indicators of automatic market analysis, available on the company’s terminal, which makes the system accessible to every investor.

This method of engaging on a binomo trade is based on the principle of automatic analysing trading quotes, therefore it will be understandable and available for work to any non-professional trader. But at the same time, this way of Binomo has a very high efficiency, which will be useful for all trading professionals. Thus, the system is universal for this indicator.

Tools and strategy:

Given that the bulk of traders prefer to work inside trading sessions using short-term refusal , they offer a working strategy that is optimal for classic trading and contracts with minimal expiration. The use of these types of values allows an increased level of trading dynamics and leads to a highly dynamic increase in trading capital. The most profitable deals are contracts with a range of 3 to 10 minutes. The system that they offer as the most profitable method of trading is based on the combined use of such a list of analytical tools.

Indicator of the Bollinger wave:

This technical tool is fundamental in strategy. The basis of this work is a combination of different period moving averages, which, thanks to well-developed settings, are able to determine the dynamic channel of asset value fluctuations and average price indicators in a certain market period. Thus, Bollinger is able to generate entry points in areas of short-term quotation reversals, as well as at the time of emergence of new trends

RSI indicator

A tool for determining the relative strength of a trend, it provides the widest range of indicators necessary for an investor to work.RSI determines trend direction, its strength relative to a previous period, as well as areas of market extremes in which price reverses quotes. In this way, RSI can be effectively used as an aid in determining general trends and filtering false signals.

MACD indicator

The last element making up the strategy is used as a second signal filter, which is necessary to increase efficiency of the forecast system. The fact is that MACD reacts very accurately and as correctly as possible to short-term changes in a direction of building quotes, which can be used as a confirmation indicator for a signal.

how to bet and play binomo

Optimal Trading Assets:

Universality of reception of a binomo trade market allows it to be used as a tool for generating forecasts on any financial asset. However, to increase effectiveness of trading and obtain more dynamic indicators, they recommend using the most volatile of them.

This includes pairs of major world currencies, as well as gold, which shows maximum fluctuations in value during a trading day. In addition to the technical attractiveness of these assets, investors have the opportunity to receive maximum payments on contracts from 65 to 90% ( depend on account type).

Deals rules:

The following set of indicators of instruments is necessary to use as signals for buying on CALL and for adding in binomo list:

  1. Quotes touched the lower boundary of the channel formed by the Bollinger Waves
  2. RSI moving indicates an uptrend.
  3. Filtering MACD indicates a reversal of quotes – the oscillator lines crossed on a top.
  4. Example of buying Call method on Binomo

For PUT deals, the instrumental strategy forms the inverse format of technical signals:

  1. Quotes touched the upper boundary of the channel formed by the Bollinger Waves
  2. RSI moving indicates a downtrend.
  3. MACD indicates a reversal of quotes – the oscillator lines crossed down below.
  4. Example of buying Put method on Binomo

Binomo app review

guide how to play binomo

There’s also Binomo app available.Binomo trade webiste or apk , in principle, has no drawbacks, but still there are a few technical drawbacks. Second is the inefficiency of signals for highly profitable forms of options (turbo). But despite this, the strategy works great on classic binomo trade.

In the main advantages and positive aspects of the strategy, it is possible to include its simplicity, high efficiency and productivity of signals, versatility of the analytical tools and the statistics of profitable options. To summarize: An example of a simple and effective strategy that they have proposed for us can be an excellent opportunity for working online for binomo trade market investors of any level of knowledge, professional skills and volume of trading capital.

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Thomas Hall
Thomas Hall / автор статьи
My name is Thomas Hall. I graduated from the University of Glasgow in 2010. I have been trading on the stock market for more than 7 years.
Binary Option Rating
Comments: 12
  1. Avatar
    Iren

    When choosing a binary options broker, you always need to consider security. I personally chose binomo and constantly make sure that I made the right choice.

  2. Avatar
    bug

    I solved many of my problems thanks to trading on the binomo platform, this brings me really decent income

  3. Avatar
    German

    I constantly participate in tournaments that are held on the Binomo platform and even managed to win prizes.

  4. Avatar
    Tim Tim

    I like that Binomo constantly has different activities, such as bonuses and tournaments. It motivates.

  5. Avatar
    Diana

    Binomo is one of the most reliable ways to quickly and easily earn your first money. You only need the desire and desire to learn something new.

  6. Avatar
    disco pig

    I tried different ways of making money, but working with Binomo turned out to be the most profitable financially. Now I’m not even looking for anything else.

  7. Avatar
    Kit kat

    In fact, Binomo is the only platform where payments are made so quickly. Other firms have much longer.

  8. Avatar
    Li

    One of the best platforms for beginners – there is a demo account, a convenient interface for work and training.

  9. Avatar
    Peter Gilbert

    The platform is perfect for work. I did not find any malfunctions during use. The best platform I’ve worked with!

  10. Avatar
    Denis

    I lost $ 1200 on binomo

    1. Avatar
      Binomo Official

      Hello, Denis! We’re really sorry for your bad experience. We advise you to go back to demo account and start work out your new trading strategy. It’ll help you to avoid similar concerns in the future.

      We hope for your successful trades!
      Kind regards.

  11. Avatar
    Sakshi

    Maine binomo pe trading karke kafi kamaya hai, is trading platform se har koi kama sakta hai , ye apni doosri income karne ka ek acha tarkia hai, iski grahak sewa bhi 24/7 available rehti hai.

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