Wednesday, February 16, 2022

Learn to trade a binary option of #EURJPY TF1min on February 15, 2022.




February 15, 2022 before 18.00 hours, the price of #EURJPY TF1min was in a green zone. It went up to hit an orange resistance level and bounced down to dive into the green zone. When the price touched the lower edge of the green zone, a bell showed up. 

At 17.57 hours, the price went back up slightly above the green zone, we wait for a red bar at of the time t=17.58 hours. We then set an expiry of a binary option at the time t+3=18.01 hours in a binary option trading terminal. At the closing price of the red bar, a Call binary option with an expiry of 18.01 hours was sent.

At 18.01 hours, the option expired in the money at a higher price with a predetermined profit of 85%. The trader should refrain from more trading from this moment on.

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