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The strongest binary signal is a breakdown in the price chart of Senkou-B lines, and Chinkou-Span. This can be used to open the “grid” of options in the direction of a strong trend. The Ichimoku indicator works best on periods M30-H4, on shorter periods Kumo lines will be most accurate. On timeframes from D1 and higher, signals from trend lines are better. Let’s summarize. Profit from trend trading depends on the accuracy of the analysis and the correct expiration time – at least 3-5 periods of the timeframe. Therefore, you need to look at how binary options signals work on a demo account before using it for real trades.
You don’t use a practice account. Whichever trading platform you get, it comes with a practice account. This account will allow you to place trades that aren’t real, without using actual money. That will give you the confidence you need to eventually use real money and your real account. You will also get used to your trading platform’s interface. You do trading without any plan. Amateur traders can be like headless chickens when it comes to trading. They will go from trade to trade without a plan. They just go for whatever is popular, or whatever they “feel” will return their investment. More experienced traders already have a trading plan. They have a routine that they spent time and energy developing. The trading plan allows them to make money consistently and spot better trading opportunities. Read more information on https://www.forexsmarttrade.com/.
Your choice of a forex trading robot should be influenced by such factors as the best trading sphere as well as your desired income level. Going through the BinBot list of forex robots, you will notice that they all display their potential returns on investment with some reporting as much as 125% return on investments. It can also be informed by your experience and previous exposure to forex trading. With this regard, you have the option of scrutinizing the trade settings and indicators for the different bots and vetting their viability or choosing to custom build your own trading robot using the tools availed by BinBot.