Forecast as the most important part of a successful trader's strategy

30.04.2020

Are you just deciding to start trading binary options? Don't have the experience to analyze the market yourself? It's good that you are looking for expert forecasts instead of trading at random. After all, in the latter case, you have no chance of success in trading. Online binary options forecasts will allow you not only to conclude profitable transactions, but also to quickly get comfortable in the market. We’ll talk about the best sites and programs that will carry out the analysis for you right now.

Why are forecasts needed?

Half of trading success depends on high-quality analytics and well-written technical analysis. The second half of success is the ability to manage risks and control emotions. Therefore, any trading must begin with an understanding of the market situation. To do this, you need to conduct technical or fundamental analysis, on the basis of which a forecast is made of the future behavior of the asset price.

In short, an effective forecast is the essence of trading in financial markets. And therefore, all market participants are involved in its compilation, or they use an existing one, compiled by other people. But in reality, there are very few intelligent analysts whose trading signals can be, at least slightly, effective. And as a result, the majority already refuse to listen to these “sorrowful analysts” so as not to fall into another scam. Traders are trying to find more accurate binary options forecasts, and as a result they stumble upon another vacuum cleaner that sucks out their money.

But still, there are services that provide very high-quality analytics and more accurate forecasts. As a rule, they are made up of people who have been on the market for a long time and have had positive results.

It should be emphasized here that recently, the Internet has been very crowded with various signalers and video bloggers (especially on YouTube channels) who pose as professional traders, but in fact, they have not traded on a serious real account for a day. How can they give their advice to others?

Therefore, now every novice trader tries to independently master the basics of technical analysis in order to effectively make forecasts, and they only compare existing recommendations on the network with their own to confirm their own conclusions.

If you are just starting to trade binary options and you do not have experience in independently analyzing the market, then it is better to use someone else’s analytics, which is compiled by more experienced people, because due to the lack of experience, trading will be chaotic and will soon end in a complete loss of money. Online binary options forecasts will help you not only get familiar with the market faster, but also save money in the initial stages. Next, we will talk about the best sources that help you do technical analysis for you.

Degree of reliability of the technique

Forecasts should be handled with caution. Paid advice from experts never brings the expected profit. The trader himself needs to familiarize himself with all existing techniques and constantly improve his knowledge.

Options trading involves combining expert analysis, news, market trends and your own knowledge. Only on the basis of these indicators do they make the right decision. There is also a warning to consider: there are no “negotiated” transactions in options.

Is it possible to rely entirely on online forecasts?

But before that, you need to get an answer to this question. Never in the history of trading has there been a 100% probability of profitable trades. The maximum that could be achieved was 80-90%, and then only in a single case. Even 70% is difficult to achieve, even if you are the most successful trader. Typically, most very successful traders have around a 55-60% success rate, and that's pretty cool.

From this average it follows that automatic trading systems or Internet forecasts cannot guarantee a high probability of profitability, because this is not realistic. Not a single automatic system has yet been invented that would make a better forecast for a professional and experienced trader. This means that their probability is much lower than the average among successful players. Therefore, when they say profit with an 80% or 70% probability, this is absolutely nonsense, and even more so when they promise 100%.

A good way to apply automatic binary options forecasts would be to obtain additional confirmation on these signals. This can be done using various technical indicators. It is also necessary to be careful when working with trading advisors at the time of the release of important news, since they do not take this feature into account in their system. Therefore, at the beginning it is always necessary to open the economic calendar and observe the course of its events.

Finally

No matter how expert the forecast is, you should not trust it blindly. The best option for any trader, including beginners, is to combine your own and someone else’s forecasting.

In addition, we should not forget about trading strategy, money management and other important things that distinguish a successful trader from a gambler.

You need to approach options trading with a cool head, and then the result will certainly be positive. ANYONE CAN make money on options, but it takes really a lot of effort.

Signals for BO in current time from Investing.com

One of the best websites for traders is Investing.com. There is a dimensionless number of different trading instruments, economic calendars, signal makers, analytics from financial specialists, etc. There is also a program that determines the forecast of price movements for various assets, starting from the M1 time frame (one minute) and ending with 1M (one month ). Let's talk about it now.

Forecasts on currency pairs online

To fully use all the features of Investing.com, you must register your account here. Here you can save settings for the user so that after each visit there is no need to reconfigure them. But you can also log in as a guest.

So, go to the site and select the “Technical Analysis” section, and in its subsection select “Summary Technical Analysis”.

After moving to this section, online binary options forecasts for currencies will initially be shown.

Pay attention to the picture above. These signals are very easy to understand, but there are a couple of nuances here:

  1. You can customize the list of displayed assets so that only those that you need are displayed.
  2. Here you can also select the timeframes on which the analysis is based. Signals for 5 min time frame. and 1 hour, sometimes, are very different. This is an important parameter.
  3. You need to pay attention to the signals, of which there are only 5: “Buy”, “Active Buy”, “Neutral”, “Sell”, “Active Sell”. But more attention needs to be paid to signals with the prefix “Active”.

Forecasts from Investing.com are generated in real time, based on several technical indicators. And, when all the indicator signals line up in one direction, a text alert with the prefix “Active” appears, but if there are any disagreements, then signals without the prefix “Active” appear. When half of the indicators show sell and the other shows buy, a “Neutral” signal appears, respectively. With such a signal, you should not open a trade at all.

Along with currency pairs, Investing also shows its signals for other assets:

Indices of the USA, Asia/Pacific, Europe, Russia:

Shares of Russia, USA, Europe:

Index futures:

Products: metals, energy resources, cereals, meat:

You are now convinced that the Investing site gives good binary options forecasts in real time, and this is only for one instrument, and there are quite a lot of them here.

Is it worth looking for other sources of BO forecasts?

Without really straining, you can find a couple more similar sites that issue signals for BO in real time. Most of them are provided on a paid basis, others require you to register with a reliable broker. But is it worth it? This resource is very popular among various traders trading in financial markets. Its tools are simple and reliable to use. Therefore, there are resources that copy his work and signals, passing them off as their own.

Of course, there are many normal sources that are also quite unique in their signals. But the truth is that most other resources provide less quality trading signal programs.

Fundamental Analysis

A trader's trading tools also include the most powerful of them - fundamental analysis. It is best to build a forecast based on a combination of technical and fundamental methods.

But this type of analysis is much more difficult to understand for beginners. In order to successfully apply it in practice, you need to understand the global economy as a whole. For example, a large-scale natural disaster occurred in Europe, which will definitely lead to a strong fall in the European currency. But almost simultaneously with this event, the European Central Bank decided to curtail the quantitative easing program, which in turn will provide very strong support for the euro. As a result, traders who made short trades based on the first factor will find themselves in the red, since they did not take into account the second factor. To make a correct binary options forecast based on fundamental analysis, you need to be able to analyze not only economic, but also political factors in general.

But first, we recommend that you master the Economic Calendar. Absolutely all publications of important macrostatistics and speeches of the heads of Central Banks, their meetings, and so on for all countries are presented here. Customize it for yourself and remove unnecessary elements in accordance with the currency pair you are trading.

If you prefer short-term trading, then fundamental analysis is clearly not for you. It is more suitable for those traders who trade on daily and weekly timeframes.

In this case, it is extremely important to stop trading an hour before and after the publication of important news (in the Calendar they are marked with three bullish heads).

Social trading

Recently, a feature called “spot following” or “social trading” has become popular. It is classified as a forecast, but, in fact, it is not one. When activated, you can see the transactions of successful traders and copy them.

This option is suitable for beginners who want to make money without wasting time on market analysis. However, it is not very effective, since even the most experienced trader can make mistakes. Of course, it is possible to choose a trader who has closed more than 70% of orders in the long term, but in the long run it is easy to lose your capital.

To reduce risks, it is recommended to monitor the process rather than leave it to chance. If 2-3 trades closed at a loss, it is better to choose another trader or not open any more orders that day. The ideal option would be to start trading on your own, having first delved into the topic.

Accurate predictions for binary options

Binary options are one of the most popular categories of financial instruments today, allowing you to make profits with minimal risks. However, not everyone is well acquainted with trading and is able to carry out competent market analysis, and without the proper knowledge and experience it will not be possible to earn good money. Unlike such people, I have already achieved success in trading and want to share my work with you. So, I present to your attention a special service under my leadership, which gives accurate forecasts for binary options . Let's look at several convenient ways to use my signals.

The best option for the average trader

The standard operating system is as follows:

• I provide the user with free access to VIP chat; • every day during trading I write in the chat what transactions I carry out and give recommendations; • you repeat these operations with a compatible broker, observing the rules of risk management, and make a profit.

My predictions for binary options online are a guarantee of at least 72% of profitable transactions. During trading, a proprietary strategy developed by me is used, which includes many different parameters, ranging from news analysis to a technical view of the market.

In addition to recommendations, the service provides for receiving signals from profitable trading robots. Automatic forecasts from advisors have a number of advantages:

• work is carried out around the clock except weekends, as long as the market is open; • the service is free; • you can monitor forecasts not only on your computer, but also from your smartphone or tablet; • there are sound alerts; • You can trade with any broker.

This system claims about 84% of profitable trades and up to 60 signals per day.

Services for experienced options traders

The service was developed by me not only for blindly following signals, but also for the convenience of investors. Professionals will find many useful tools here and will receive more frequent signals to enter a trade. A short list of features of the pro-service:

• for more advanced traders, special paid access to chat with alerts and trading through any broker is provided; • 2 times more alerts with profitable trades; • individual approach and personal information from me urgently; • minimum cost - 2300-2350 rubles, depending on the connection option; • in addition to the VIP chat, the user gets access to an account with profitable trading robots.

For the specified amount, the user will receive access to the service for one month. This is an extremely profitable offer, since investments in binary options - forecasts from robots and my recommendations will pay for themselves many times over in just a few days.

A unique opportunity for beginners

I have also provided a chance for novice traders who are still new to the market and do not understand the mechanism for carrying out transactions. As part of gaining access to the forecasts, such users will be able to receive a training program specially created by me, which will consist of:

• online classes via Skype; • high-quality theoretical base and materials; • many video lessons.

Using this course, beginners will shorten the period of their development as traders several times and will not lose extra money. Education does not replace the use of online chat and signals from robots in your trading, which will allow you to earn money almost immediately and recoup the costs of education.

Let's sum it up

My service with binary options forecasts is suitable for investors of any category, from beginner to professional. Signals are provided both personally by me and automatically by robots 24 hours a day. More than 72% of profitable signals are a chance to comfortably realize any ambitions in options trading.

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Market analyzes from analysts and experts

The forecasts that you and I receive from analysts are actually very valuable things that will serve as a support for your own analysis.

Analysts always take a general overview of the market, that is, how the price behaved in the medium and long term. And thanks to this, you will be able to determine the general trend in the market for your trading asset.

It's worth reading the analyst's forecast at the very beginning of the week, and keeping it in mind every day while you trade short-term time frames throughout the week.

Such forecasts may contain discussions from professionals about how, for example, gold will behave, what key levels of resistance and support will restrain quotes and which ones can be broken, what factors will affect the dynamics and what reports are worth paying attention to. This general information is very reliable. But you should not completely rely on their trading recommendations. Reviews from analysts will be a valuable addition to your own strategy, but forecasts do not always come true even from professionals.

Remember: you need to rely only on your opinion.

Finding such reviews is not difficult; almost all leading brokers have an entire team of analysts who regularly publish analyzes on the broker’s official website.

Trading Rules

Follow these rules when trading 1 minute binary options:

  1. Trade strictly according to strategy.
  2. The amount of investment within one transaction should not exceed 3% of the deposit amount.
  3. Trading is terminated in case of 3 unsuccessful trades in a row. During the pause, a deep analysis of the market is carried out to confirm the direction of the trend, and indicator settings are checked.

Filters for more accurate forecasting

The forecast strategy will change slightly and take the following form:

Don't forget to change the timeframe of the widget with indicators:

The indicator filter will help you filter out inaccurate forecasts and increase the profitability of your strategy!

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Paid or free forecasts?

Some traders prefer to use paid forecasts, considering them the most accurate, while others simply do not see the difference and choose reports that are published for free. In this situation, it is difficult to take one side or the other, since it is impossible to say which option is better.

To finally decide for yourself, it is recommended to test free and paid market analysis in real trading conditions and compare the results. However, this must be done more than once or twice. Both options need to be tested over the long term.

It is also important to understand who conducted the analytics. If it was done by a competent trader or agency, then the data can be trusted. However, even in this case, the likelihood that the information will be reliable is low. It is best to use free forecasts at first. Perhaps you will be satisfied with their quality and there will be no need to spend additional money.

How to use forecasts?

It is necessary to monitor the maximum signal levels - actively sell, actively buy. If the same forecasts are simultaneously observed on a large number of assets (for example, all currency pairs with the dollar), this indicates a stronger signal and a greater likelihood of a successful transaction.

So, the procedure for working with Investing forecasts:

If you notice maximum forecasts for several assets simultaneously, and on several timeframes (5, 15 and 60 minutes), this indicates the release of strong news and greater accuracy of the forecast. You can make an increased transaction, for example, twice as much.

Using Third Party Forecasts


There are often cases when a person is not sufficiently familiar with all the intricacies of binary options trading and cannot conduct high-quality technical analysis himself, or does not have time to regularly monitor news.
In such situations, specially prepared forecasts come to his aid, which you can subscribe to on the Internet. These forecasts are most often compiled by competent specialists with extensive experience and brokerage companies. Data provided online is considered the most effective and accurate. The user needs to pay attention to the information displayed on the display (date and time). To update it, just press the F5 key or refresh the browser page.

To prepare a forecast, experts take into account the indicators of 15 technical analysis indicators based on various algorithms and recommend what traders should do on four time frames: 5 minutes, 15 minutes, 1 hour, 1 day. The plate is very easy to understand. A list of assets is indicated on the left, timeframes are indicated at the top, and the body of the table is filled with recommendations, divided depending on the strength of the signal:

The most popular forecasts among speculators are for the following 4 types of assets:

The main principle applies to each of the assets being traded: the greatest chance of successfully investing appears when all four timeframes display the same strongest signal.

If “actively sell” is displayed everywhere, then the Put option is purchased, if “actively buy”, then the Call option is purchased.

Experts advise, in parallel with forecasts, to also study a live binary options chart that works online. If the expert’s prediction coincides with the trends shown by the chart, then the reliability of such a purchase is high. Otherwise, it is better to refrain from purchasing the asset.

Forecasts can be free (can be seen on the Internet) or paid (sent by email). There is no direct relationship between the quality of expert opinion and this feature. There are cases when paid advice is sent by scammers who do not understand anything about trading. The main thing in advice is the professionalism of the expert processing the data. This can be determined by testing on a demo account (without actually investing money) with subsequent conclusions about the accuracy of the advice given. Also, experts do not recommend subscribing to a large number of different forecasts, because... this will only confuse the trader. He will not be able to choose suitable assets for himself and develop a clear strategy for working with them.

Best video. Binary options are an affordable and effective financial instrument. With a well-thought-out strategy, success can be achieved.

Binary options trading training. Zero level: what to consider so as not to lose right away. Middle level: key factors of trade. Knowledge of an advanced trader.

The path to becoming a successful binary options trader. Filters that filter out temporary players. Mistakes of an experienced bidder. Traps on the path of a professional.

Source

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