Strategy for trade binary options on gold

Gold is one of the underlying assets traded in the binary options market. Many Gold retail traders and shifting to binary options due to high cost of trading gold offline. Traders love gold because it is a safe-haven financial instrument which they can purchase in periods of uncertainty. As at late , there was a major uncertainly in the market and the the price of gold shifted in an upward direction, this trend lasted for days at a time and continued for months. In order to understand Gold you have to look at the gradual increase in value over the years..

So if the ability to identify uncertainty is the key to understanding why Gold tends to go into a solid uptrend, what type of market indicators should we work with in order to trace down the ideal moments to enter call trades?

I will also go over a technical analysis indicator you can use to verify your prediction in the next section on this article but first…Uncertainty can be triggered by one of the following: Market Indicators for Gold 1 Decline of the US dollar, Gold and the US dollar move inversely in value, forming a negative correlation.

When the dollar goes down, the price of gold goes up. The way things are looking with growing world-wide instability and as long as the US economy keeps heading in the direction it is going, at least for awhile, then we will almost surely see gold hit an all time high!

So now that we all agree that the focus with Gold should be on identifying Up Trends.. Now incase you are not familiar with the MACD indicator and how to set it up your free charts, I included an overview video provided by Investopedia.

The Gold Strategy for Binary Options! – The Official Michael Freeman Website

Complete list of free strategies and technical analysis indicators on the BinaryoptionsChannel. If you are interested to participate in my signals group and follow my gold signals every day, Monday until Friday, you can signup on the signals group page and for more information on binary options strategies make sure to subscriber to the binary options blog!!

Amazing article on trading gold and strategies on finding great options. I mostly use CherryTrade. When I create the MACD on freestockcharts. And as well for the Exponential Moving Average do i place a 9 in the Period and leave it a 0 for the Offset, I am completely new to trading and and just want to make sure its all correct, just recently joined Topoption via your signals group page, thanks Mick.

The binary options market provides a way out to trade gold in a controlled environment, with reduced risk of a catastrophic loss, smaller margin requirements and by consequence, lesser trading capital needed.

There is no fear of gold rolling back by almost a thousand pips against your position before it decides to do as you wish it to. No fears about over-exposing your account.

If the trade behaves as the trader wishes, he gets his cost back and some extra. In trading gold, there are several things to consider before your desire to make money from it transcends from the pedestal of dreams to the reality of tangible dollars in your hands.

For optimal results that is the only I would trade with the MACD indicator when using this trading strategy. When the histogram is on zero it acts almost as a confirmation for us, confirming to us that the trading signal is indeed strong and should be invested! Mike, I really want to register with your auto trader, can you tell me where and how?

I am a follower of your manual signals. I love your strategies and most of all, your trading accuracy, please respond. I want to join you. Hi Manjeet, I apologize for the delayed response.

Gold Trading Strategy | Binary Options Watch Dog

I think I already got an email from you and confirmed your registration. Cheers to a lot of success in !! When it comes to trading such a hot commodity you would think that they would include in as an asset on the website but unfortunately they do not.

You have to access a financial portal to see the current price of Gold. It talks about using a chart at freestockcharts.

I would like to try working with that chart? I am willing to check out other option. Hi Bill, Which charting solution are you using.

strategy for trade binary options on gold

If you go on http: Hi, On the note about the Swiss Binary robot, Jen I tried using it for over a month and got nothing…. I would say beware. Mike Thanks for all of the Info! Great information…helps clear up some things for me…look forward to the signals group. Great Information thanks, it help me alot and i will looking forward for your next blog post. I would love to get some feedback from someone.. Some great information thanks for sharing some of your advice and tips on gold.

Can reach me at CMFARCHER GMAIL. COM if you want to chat. Many traders prefer to use Meta Trader but investing. Hi Wilson, I will create more videos trading gold and replace the current one I have on this page. If you need me to clarify anything else, please comment below or email me. I was scratching the break-even rate but since I traded higher amounts when I spotted sharp bullish crossovers!!

I managed to generate a lot of money over 6 days! All true — maybe plus shares and bonds — the same with interest. How much was 37 USD in like today USD? But still could be triple price. I got a question, do you trade Gold using classic binary option or using the options builder? Can they both be used and do u recommend it? Btw what is the trading hours for Gold. Thanks in advance buddy! I Nico, I normally perform the price study on an hourly chart and enter 15 and 30 minute trades in reference to this the Gold strategy.

I wait until a very sharp cross over of the MACD Line above the Signal Line and enter a short-term trade. Good luck and thank you for the important question.

CherryTrade is a great service to trade gold. I love their services, I have been trading gold for a year now and its been great already! Thanks for the great article! In 40 years, the price of Gold went up more than 38 times! Also, considering the current instability in the world, and especially in the US, I feel there are many millionaires that could become billionaires just by using the Gold strategy!

Thanks for posting this well-written and helpful guide! The MACD indicator is a great idea! Hi Mike, thanks for the Gold strategy. I will use the MACD with the Moving Average. What do you recommend for the Moving Average setting? Hi Kai, Thank you for the great question.

So basically to calculate the MACD you need to first subtract the 26 day EMA exponential moving average from the 12 day EMA, then you need to plot a 9 day moving average signal line on top of the MACD on the charts.. Once the MACD crosses above the signal line you can enter a safe Call Trade.

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The Official Michael Freeman Website. The Gold Strategy for Binary Options! By Michael Freeman August 2, Saturday, August 2nd, by Michael Freeman Gold is one of the underlying assets traded in the binary options market.

How to setup the MACD on Free Online Charts? Checkout the following snapshot of how to select the MACD indicator from the drop down menu on investing. Leave a Reply Cancel reply Your email address will not be published. Subscribe to Blog via Email Enter your email address to subscribe to this blog and receive notifications of new posts by email.

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