Tag Archives: traderxp

Binary Options Trading Software

When talking trading software specifically designed for binary options there is not too much offered out there. In general, we can divide the whole pie into three pieces, or types of trading software that are available online. The first is the type of software that advertises how it will assist you in making the correct trades. To be specific, you have software like mastertrader or etf3.ifii which will give you the actual tools to make your analysis and develop a trading strategy. This type of software usually includes charting features like candlesticks and bollinger bands, data tools like a breakdown of …

Trading EUR USD Forex Binary Options – A Strategic Analysis of a Bullish Market

Today I will be looking at the Candlestick patterns and trying to formulate a Forex trading strategy on the EUR/USD exchange rates. Chart A represents a Harami Bullish pattern. Harami translates to “pregnant” in Japanese. This specific Bullish Pattern is usually characterized by its small white body contained within a previously longer black real body (for explanations about bullish and bearish markets please refer to our strategy section located at the top menu of the home page). The long black candlestick is referred to as the mother and the smaller one is also known as the baby (my friends call it …