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December 27, 2012 – 6:17 pm | One Comment | 6,101 views

Banc De Binary, which is headquartered in the City of London, is regarded by many experts as one of the most professional binary options trading brokers on the Internet. The company started operations following the …

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Introduction

Binary options have carved out a niche focusing on known risks, straightforwardness, and a de-emphasis on volatility.

Trading Basics

Once the options trader has registered his details online and completed his deposit, he is then ready for trading binary options.

Trading Strategies

The straddle is one of the best strategies in binary options trading. The trader is looking to place a Put as high as possible.

Risk Management

One of the most important considerations for any trader is how to manage risk as loss is always a possibility in trading.

Fundamental Analysis

Fundamental analysis looks at how outside influences like natural events can affect prices and serves as essential tool.

Home » Technical Analysis

Support and Resistance in Technical Analysis for Binary Options

Submitted by on November 24, 2012 – 4:48 pmOne Comment | 3,964 views

Support and resistance are among the most widely known and widely used Forex trading concepts and strategies. These are the levels in the markets, which price has not been able to break outside of.

Support levels are the areas which price cannot seem to break below. If a break does happen, it is only temporary and the price soon returns above the level. Resistance levels are the areas, which prevent the price from rising further.

These levels act like a ceiling and appear to force price back down when it tries to break above the level. It is essential to bear in mind that support and resistance levels are not exact numbers, but offer traders a clear indication based on past performance that when price reaches either a support or resistance level it is likely to bounce back.

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