3° Candle Binary Options High/Low Strategy

 



3° Candle Binary Options High/Low Strategy

 

 

Markets:Any

Time Frame 15 min or higher.

Binary options Strategy Rules

1. Find the third candle

2. Enter your trade at the start of the third

candle and wait that candle closed.

 

-Identify the current trend.

(For example: use 50SMA or 100sMA to

identify the current trend. If the price is above

the SMA – the current trend is up or opposite)

You may also use a Stochastic indicator with

parameters 5.3.3 to filter your trades. If the

direction of the stochastic is opposite of your 1st

and 2nd candles it is better not to trade at that

moment and wait for the next “1st candle figure”.

 

-Open a 60 min chart or other time Frame and find the “first

candle”.

The First Candle” is between two

candles, and it is the highest or the lowest of

those three candles.

Look at the chart below:

3° Candle Binary options strategy
3° Candle Binary options strategy

 

The 1st candle is located between two candles

and it is the highest (or lowest ) of the 3.

 

-Now if you look to the right of the 1st candle is

the 2nd candle and the next is the 3rd candle –

the most important for us. This system based

on the 3rd candle.

Bynary options Strategy
Bynary options Strategy
3° Candle Binary options Strategy
3° Candle Binary options Strategy

 

If look on your chart you will see a lot of “three

candles figures” and all of them are great

trading opportunities!

 

Binary Options strategy: Trades

We BUY at the very beginning of the 3rd candle

if the current trend is up and your candles

figure is going up

We SELL very beginning of the 3rd candle if the

current trend is down and your candles figure

is going down.

There is ALWAYS an opportunity to make a win trade.: all you have to do is to open few pairs charts and you will always find your 3 candles on

some pairs!

3° Candle Binary options Strategy
3° Candle Binary options Strategy

 

When not to trade

- do not trade 1 hour before and after

major news or big events

- when the 3rd candle is against the current

trend

- when the second candle closes “inside” the

1st candle:

3 Candle Trading System
3 Candle Trading System

 

This also a scalping system ( 3° Candle Scalping system) with this exit setup:

Take profit

Your target is 10 pips. You can also try to use a

trailing stop order to maximize your profit.

Stop loss

Stop loss needs to be placed above or below

the second candle: If you BUY – place a stop 1

pip below the 2nd candle, if you SELL – place a

stop 1 pip above the 2nd candle.

Time frames

This Scalping system can be used with higher time frame.

In this case make sure to set your take profit

target more than 10 pips.



3 candles
3rd Candle.zip
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