The 60 seconds binary trading strategy is designed for trading binary options with a 60-second expiration. The strategy developers recommend using it on the M1 timeframe and the EURUSD, GBPUSD, and AUDUSD currency pairs.
The binary options trading strategy is based on the use of the 60 seconds binary indicator.
The signal to enter a trade is when the price touches the 161.8% Fibonacci grid:
- As soon as the price reaches the 161.8% level in an uptrend – buy a Call option
- As soon as the price reaches the 161.8% level in a downtrend – buy a Put option.
The Bollinger Bands indicator is used to filter signals. If the bands narrow, it is not recommended to enter the market; if they widen, wait for a signal to enter.
The advantage of the strategy is the combination of popular indicators, the Fibonacci grid and Bollinger Bands, as well as the presence of a template and a sound alert when the price touches the 161.8% level.
The disadvantage is the limited number of currency pairs for which this strategy is intended.
According to experts from ForTrader magazine, the 60 seconds binary trading strategy will be useful for traders who use scalping in their trading and can serve as an additional filter when trading.
Download the indicator and template for the 60 seconds binary options trading strategy
Other strategies for binary options trading
- Binary options trading strategy ‘Bollinger Lines’
- Binary options trading strategy on parallel channels
- Binary options trading strategy ‘Strengl’
- Binary options trading strategy ‘Day-Hour’
- Binary options trading strategy BinaryCash
- Binary options trading tunnel strategy
- Binary options trading strategy ‘Precise Entry’
- Binary options trading strategy ‘Catching the Trend’
FAQ
What is the 60 seconds binary options strategy?
The 60 seconds binary options strategy is designed for short-term trading with a 60-second expiration, using the Fibonacci grid and Bollinger Bands for signals.
Which currency pairs are recommended?
The strategy is recommended for EURUSD, GBPUSD, and AUDUSD currency pairs.
How does the strategy work?
The strategy uses the 161.8% Fibonacci level and Bollinger Bands to determine entry points for Call or Put options.
