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WE ARE HAVING AUDIO PROBLEMS WITH THE PLATFORM   IT SEEMS AS IF THIS IS NOT GOING TO WORK... WE WILL SEND OUT AN EMAI IF WE CAN HOLD A MAKEUP SESSION AT 8PM EST ... ALSO... KEEP AN EYE ON FACEBOOK FOR UPDATES...  'BREAK TIME, LIVE ACTION WILL RETURN AT... 10:45 AM EST' BREAK TIME ... RESUME AT 5 MINUTES OF THE HOUR MUSIC PLAYS... ALTHOUGH THERE IS A LOT OF USEFUL INFORMATION ON THIS WEBSITE, WE HAVE CREATED A NEW WEBSITE WITH ALL OF THIS INFORMATION AND MORE! VISIT THE BINARY OPTIONS ADVANTAGE.COM HERE... www.thebinaryoptionsadvantage.com HELPFUL LINKS!

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Forex Factory Link - Check for Announcements Before Each Trade Session!

Resources/Downloads

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WELCOME INFO

In order to conduct our 'one on one' coaching it would be helpful to be able to message or Skype you.

My cell number for text or voice is 631-601-3111, my Skype contact is racerpaul15 or paulhubert@optonline.net or paulfbot@gmail.com

 I am the founder at thebinaryadvantage and will be your personal contact for your trading and coaching.

HOPE TO HEAR FROM YOU WITH YOUR CONTACTS AND BE LOOKING FOR THE EMAIL WITH THE BONUS LINKS,

Paul at  www.thebinaryadvantage.blogspot.com

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Educational Info - Some Basic Information about Binary Options Trading



This Information is for your Education Only.... We at thebinaryadvantag do not necessarily agree with off shore brokers method of operation and does not make any recommendations in this regard.
  

Binary options have become very popular in recent times because they have been specifically designed to simplify many aspects of trading. This is why so many investors are now using them in preference to other more traditional investment types. So, what is so special about binary options? This will answer some basic questions regarding Binary Options Trading:

1. Simpler Trading Decisions

The construction of binary options enables you to focus on just assessing in which direction the price of an underlying security will move without dwelling on the size of its movement. This specification implies that you require price to finish just one trading point above (CALL option) or below (PUT option) its opening price to register a win at expiration. These features makes trading currencies pairs much easier than if you did so using Forex directly.

For example, you have ascertained that the USDCHF currency pair is about to surge higher. You subsequently purchase the USDCHF at 0.9300 using a deposit of $400. You buy 10 micro lots allowing you to trade at $1 per pip. If you traded Forex directly, assume that the USDCHF did climb by 50 pips within 1 hour making you a profit of $50 *$1 = $50.

Alternatively, if you had initiated a ‘CALL’ binary option whose underlying asset was the USDCHF; expiry time of 1 hour; investment of $400 and a payout of 85% then you would have collected a return of $400* 85% = $340 at expiration. Price needed to just finished just 1 pip higher than its opening price, i.e. 0.9301 at expiration to produce this return.

2. Built-in Money and Risk Management Plan

The structure of binary options ensures that you will always know precisely the returns and rebates that you will collect at expiration even before your positions are opened.

This is contrast to trading commodities, stocks or currencies directly whereby you must spend time resolving this complex issue in order to restrict your risk limits. Consequently, you will enjoy a sense of security whenever you trade binary options because you will know that your account balance will be adequately protected from serious losses. For instance, your maximum loss will not continuously increase in unison with the size of a price movement moving against your position.

3. Instant Trading

You will be able to instigate new binary options instantly and accurately in response to every new global headline by using your broker’s advanced trading platform. Consequently, you will have the constant prospect of acquiring 85% of your investment in minutes.

4. Minimum Research Required

The process to trade binary options could hardly be simpler. You just need to select an underlying asset; choose a favored direction, select an expiry time and determine your investment size.

5.   Advanced Trading Platforms

Binary options brokers have invested heavily in producing powerful trading platforms which have been specifically designed to be very user-friendly. These tools are also enriched with features ensuring that you will have as many options available as possible when you commence trading.

The above listed features clearly demonstrate how binary options simplify the process of trading. This is why so many traders are flocking to use them.

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Using Money Management Concepts When Trading Binary Options

        

Although binary options is a simplified form of trading, you should not underestimate its power. It’s key to realize that losses are practically unavoidable. Experts are those that have mastered the art of restricting the impact of their trading failures by constantly deploying well-proven defensive mechanisms. As such, you must attempt to adopt a similar policy as your top priority by creating or locating a money management plan.

Successfully achieving this goal is vitally important because binary option trading involves extensive levels of leverage and volatility.

So, what exactly is a money management strategy?
This is a tool that will enable you to minimize your risk levels by helping you to determine a sensible amount of your account balance that you can wisely risk per trade. A good money management strategy is constructed on the concept that traders are only fully in control of their account balances until the moment they execute a trade.

From that moment , as you will not know for sure whether your trade will result in a win or loss, your equity is exposed to considerable risk. You can counter this unpleasant situation by deploying a money management strategy in order to limit the size of your maximum losses should your trades not proceed as planned. Essentially, you must adopt procedures to limit the proportional of your account balance that you will risk every time you trade.

But what is a good percentage?
You can gain a good appreciation about how to proficiently answer this question by considering the following concepts. There is a significant difference in risking 10% of your entire balance per trade as opposed to just 2%. For example, envisage that you unfortunately suffered a series of 6 consecutive losses. You may not realize that under such circumstances you would lose about 53% of your total budget. In contrast, if you were to risk just 2% per trade, then your total losses would be restricted to about 9% of your original balance.

You may now start to understand why so many experts recommend that you should never expose more than 2% of your equity per trade. By adopting such a policy, you can extend your trading life for as long as possible without the need for continuously replenishing your account with fresh deposits. You must strive to avoid such an undesirable practice as a top priority. This is because as a primary objective, you need to learn how to survive proficiently so that you can gain the time to master all the intricacies of trading binary options. This is no mean feat but once accomplished, only then you should you begin to focus on profits. Always bear in mind that successful traders developed their survival skills first before becoming top earners.

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Educational Info - Why do we use the Dinapoli Template on our MT4 Charts?


Di Napoli's template

 

Overview:

DiNapoli was a master trader who has written a book named ' Trading with DiNapoli's Levels'. Although he did not trade forex, his methods and indicators and fantastic use of Fibonacci and target profits is well known.

The indicators used in chart are

1. displaced moving averages 3 and 25

2. fibonacci profit targets considering the trend, momentum and oscillator

3. MACD as a trend indicator

4. modified stochastics as a momentum indicator

5. detrend oscillator for oversold and overbought conditions

Trade rules: (these are Dinapoli's Rules... we use our own version of rules to indicate a trade entry, this is for informational purposes only)


1. use 1 hr or 4 hr charts after considering ling-term charts

2. identify the trend using MACD and DMA and level of price.

3. look for the chance to enter when the stochastics are aligned with the trend direction

4. look at detrend oscillator to decide about enrty-- avoid long in overbought and avoid short in oversold condition

5. decide entry point from fibonacci profit targets and place take profit at the various levels on the chart shown by various lines.