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Don’t Trust OPEC for Your Binary Trading Direction
OPEC credibility is at an all-time low. On September 28th, OPEC agreed to a production cut, right? “OPEC Agrees to First Oil Output Cut in Eight Years” shouted a headline from Bloomberg.com, and WTI...
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New Opportunities in Asian Markets with Binary Options
In the United States, traders are experiencing growing interest in Asian equity index markets, including the Nikkei 225, Japan’s benchmark, and China’s A50 index. However, traders may have a...
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Premium Collection Using Binary Options
When trading Nadex binary options, you may have heard of premium collection. Perhaps you wondered how to accomplish this especially in the forex markets using binary options. To collect premium using a...
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Can Discretion Fit Into a Process?
The short answer is yes, but where? It has been shown over and over again, both anecdotally and mathematically that having a consistent process to generate trades is the best path to the outcome you...
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Understanding Trading Psychology for New Traders
Understanding trading psychology for new traders is something they may read about or talk about but fail to understand until they actually begin to trade. There is probably no other career in the...
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Fooled Me TWICE Time Vote… Binary Opportunity Part III
Markets distill all of the various opinions of traders and investors into one output…PRICE. This discovery process is a critical function derived from the buying and selling action in this open...
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Understanding the ATR
The Average True Range indicator or “ATR” can be a valuable tool when a trader understands what it actually is. The key is right in the name. The Average TRUE Range. The ATR was developed by J....
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Stay Warm with Binary Options
An arctic cold front is moving across the United States this week, and temperatures around the nation are expected to dip dramatically in the coming day. As temperatures drop, the population uses more...
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Master the Micro so the Macro Can Become Habit
“Great things are not done by impulse, but by a series of small things brought together.” ~ Vincent van Gogh Ask a successful trader what it takes to become successful and you may be surprised at what...
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What Makes a Successful Trader?
What makes a successful trader? Let’s face it, all traders want to be profitable but doesn’t always happen. While some may believe that it’s the indicators, charts, or even a particular market that...
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Don’t Confuse Confirmation with Confirmation Bias
Traders love to trade. Believe it or not, that can often be a problem. The critical habit of adopting a process and following that process with pure discipline is most in peril when facing a trader’s...
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Four Things Smart People Have WRONG About Binary Options
Four Things Smart People Have WRONG About Binary Options 1) WRONG to think Binary Options are complicated Markets can only do three things… go up, go down, or go sideways. Binary options can...
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A Potential Golden Trade for 2017
This week in the United States the economic calendar is full with ISM Manufacturing PMI, FOMC minutes, Non-ISM Manufacturing PMI and Nonfarm Payrolls all occurring in consecutive days. This full...
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Hardest Part of Trading
The hardest part of trading is really not the markets, charts, timeframes or even learning the platform. It’s really how to handle the emotions and everything that goes on inside the trader’s head....
View ArticleNadex Trading Platform: Selecting Different Markets and Durations
Changing your binary chart to a new market is very easy because the Nadex Binary Option platform provides multiple ways to either open a new chart or to change the existing chart. The “Finder” is the...
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Do the President-Elect’s Tweets Matter for Traders?
This article is not about whether it’s appropriate or inappropriate for a person in Donald Trump’s position to tweet on serious subjects. As a trader, you learn quickly to take your emotions out of...
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Don’t Let This Happen to You
The British pound saw a weaker trade going into yesterday as concerns of a “hard Brexit” were weighing on this currency, anticipating British Prime Minister Theresa May’s speech to Parliament scheduled...
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Inauguration Sell-Off? Maybe not…
Much has been said about the stall in the so-called “Trump Rally” over the past few weeks. The S&P 500 has rallied 6% since election day, which ranks the Trump Rally 5th behind Herbert Hoover...
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Using Trend Lines in Your Binary Arsenal
Trend lines are one of the most simple and timeless indicators, used to project future support and resistance based on price history. They are called trend lines because they form when a line can be...
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What Does Dow 20,000 Mean?
Wednesday was an historic day. Not only did the Dow Jones Industrial Average pierce 20,000 for the first time, but it closed well above the much discussed target level. Traders on the floor of the New...
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