Trading EUR GBP Forex Binary Options – Strategy and Analysis of a Bearish Market
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Trading EUR GBP Forex Binary Options – Strategy and Analysis of a Bearish Market
September 23, 2012Today I will be analyzing some of my candlestick patterns for Forex Binary Options and attempt to formulate a trading strategy for EUR/GBP exchange rates according to a bearish market sentiment. A bear market is when investors and/or traders are pessimistic about the markets (or in this case about a specific currency), and bet or speculate against it. In contrast, bullish traders are optimistic about the markets and will most likely invest on the downside because they believe they market trends will change for the better, or alternatively on the upside because they believe the positive trend will continue. In …
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