First, you must know the nature of the market you are trading in. Then, after knowing about the ongoing trend, you can start using this strategy. This is a strong strategy that increases the chances of right predictions and winning. The rainbow strategy is a pattern that includes the usage of various averages in actions with varied periods. Each of these periods is identified with a different color. The moving averages are used to recognize the price changes.

Moving averages with many periods react slowly to price changes and moving averages with few periods react quickly. If you observe a strong movement in the asset chart, the moving averages are most likely to move from a slow to a fast direction in real-time trends.

The average that moves the fastest will be placed closest to the asset price, the second closest will be the second fastest, and the third closest to the price will be the third-fastest moving average, and so on. When you observe that the numerous moving averages are placed in the pattern as discussed above, you can say a durable movement in price in a determined direction.

Therefore, when you encounter such a pattern and trend, trade your money right away as this is a favorable time. You can choose how many averages you would like to use. Most good traders use three moving averages. If the moving averages are positioned so that the shortest line is above the medium moving average and the longest is below the medium line or moving average.

You must trade on the asset prices falling. It depends on you to determine the number of moving averages in a period. Therefore, it is recommended to use a duplex of periods you used previously in each moving average. This change in the number of periods used in different moving averages will give you reliable ratios, which will, in turn, provide you with precise signals. Steve Nison introduced the binary candlestick formation strategy in one of his books in the year A good trader must know how to read asset charts.

Once you understand its patterns and movements, it will be easy for you to predict the next move of the asset in the charts. For example, there is a pattern formation in the asset charts called the candlestick formation. The patterns formed by the lines going up and down appear like candlesticks. The top line is the highest price called the mountain, and the bottom line is the lowest, called a valley.

There is no one specific formation in this strategy, but there are a few that you must learn to identify and read to trade better. To apply this strategy, you must observe the chart and pattern of prices for a while. You will notice some repeated pattern formation. Then you can use your knowledge and experience to predict whether the line will go up or fall. Yes, this strategy works that quickly. It is fast and effective. Being a trader of binary options trading, you must be aware that the trading market is not random in the short term.

One more benefit of this strategy is that it saves you a good amount of time. If you play in 5 minutes, you can make more trades per day. However, such short-term binary option trading strategies are required risk management and technical analysis. So, the money flow index strategy is time-saving but also includes lots of risks. To master this strategy and make money every 5 minutes with Binary Options , you must learn technical analysis.

This will help you in understanding whether the other traders are selling or buying. Once you understand this, it will be effortless to use the MFI strategy with the money flow index indicator.

MFI index indicator — the indicator tells you the ratio of the asset sold to the number of the asset purchased. The value is generally between Now that you understand the relationship between the ratio of the MFI indicator and the traders planning on buying or selling the asset, it will be easy for you to choose one option and secure your money.

In addition, you can easily estimate the asset price movement after understanding the demand and the supply. In simpler words, if the number of traders buying an asset is much greater than the number of traders selling the same asset. There will be fewer traders to force the price of assets upwards. As a result, the demand and price will both go down. In the same way, if the number of traders selling an asset is greater than the number of traders buying it, the supply will diminish, and prices will increase.

Mentioned below are the ways you can use the MFL index for your next accurate prediction:. This strategy works best for a short period. Traders usually use this strategy to play 5 minutes bets. In the long run, it is tough to predict the process through this strategy as it goes to extremes.

So, avoid using this strategy for your long-term trades. This is a popular strategy among binary options traders. As the name suggests, this strategy uses the movement of asset prices in the last twenty days. Then use this data to predict the next hit; it might be a high or low. This strategy provides you with two signals:. This strategy can be used easily by beginners. However, the outcome of the turtle strategy has been mixed.

There are a broad number of strategies that you will come across on the internet. Each of them will seem workable until you test it. Different traders perceive signals differently. Identifying which strategy works best for you will help you make money in the long run. No app or person can tell you which strategy will work best for you. It is the work of a trader to test different trading strategies and mold them in his way to make the most out of them.

Binary trading requires accurate predictions. It demands mastery over strategies to win. Pretty important to me. Thanks for your suggestions. Hi, Guus again. The first couple of days I would like to use a demo account.

com looks allright, but is not real-time. Who can advice a good demo account? If you already have a live trading account with 24options, they will give you a demo account if you ask them nicely :. Hi great review : i live in the uk just wanted to confirm what the trading times would be and to know if the service is still going strong?

Does anyone have any indication of how long Franco will carry on providing this service? Franco trades between EST time. Yes, Franco is still going strong and there is no indication of the service coming to a stop.

It may perhaps in the future be closed to new subscribers but since most of them usually hang around a few months I think it will continue as is. You can start to trade with Franco with a minimum amount that is allowed to open a trading account. Once you beat the demo then progress to a live account.

What is your opinion about the TopOption? I see lock the input operation with her. With his experience in 24option , it happens? Banc de Binary is accept in my country or what broker you think will work best? What is your opinion please! Just checked out Trade Thunder, looks good.. You can only trade USD and euro at the moment, not sterling.

If you trade in US or Euro but bank in the UK with a Sterling account you will be charged a small currency exchange fee on each bank transfer and deposit. Regardless of the fortnightly payments. Hi John, yes you can. Maybe try on a demo account first. I hope it goes well. Thanks a lot : would you consider this a reliable source of income for anyone wishing to start up? For US clients Nadex is probably the best option because it is regulated in the USA and has a good reputation.

That is an average score taken over a period of 3 months. There are none losing days for Franco. Practice on a demo and test it out! but on Skype are the signals? before giving the signal which warns of asset after position ourselves? we have to position ourselves on that asset? You will hear trader Franco while watching his chart platform with the indicators pointing the entry on candle. He will warn you when to enter by voice or you can see that yourself in his charts with his indicators.

I never traded binary options before but think franco will help. I have been researching binary options this last month and have found the more money you have in your account the better chance you have of making a profit and that Martingale strategy should not fail. Thanks for your kind comment Brendan! Much appreciated. I strongly advise against using Martingale strategy if you never traded before.

Good luck. I live in Finland so what will the trading time be in Finland? Sure, simply go to his website , scroll down and click the Subscribe button at the bottom. You will then need to fill in a small form by aMember to start your membership and pay the membership fee on the next page.

Thanks for responding Adam. I have been trying for two weeks to connect to Francos website and i get the message to many redirects. I even tryed the link from your message. Im thinking maybe he closed it. This must be a problem with your browser.

Maybe try a different computer. What do you guys suggest for beginners? I have also seen good reviews for 24options. What do you think? And for how long do you think I should use the demo account with Francos signals before using real money? I hope you can give me some good starting advises! Thanks a lot! Hi Adam i tryed getting to francos website and no luck. Tryed with phone ipad chrome this website link etc. When i google search i tryed the contact link and all the others the only one that works is the one to sign up for the payment.

How does one sign into the live trading session? Is it through his wesite or is a gotomeeting link sent by email? Im willing to sign up but worried since i cant log onto his site. Im in canada is anyone having issues? Awesome review and by the looks of it really good signals.

I tried text signals send to my mobile but they were crap. Wasted money if you ask me. Copying a trader in real time makes so much more sense. Thanks for the in depth review of francos signals. I will be signing up as soon as I set up my trading computer. I still need to upgrade the ram from 1gb to 4gb. Do you think this will make a difference?

I want to have a proper trading station for this. I want to share my story with the owners of this blog. I came across this review few months ago.

At that time I decided that I can do a better job on my own with online forums as a good start. Boy was I wrong. I blew my account within two months. For me that is a substantial amount which takes me few months to save. I work as a building contractor. I signed up to Franco. I read all the pdfs that were given to me outlining the strategies. I already had an introduction to technical analysis and using charts with indicators so I was able to follow Francos strategies and his system.

Although I must admit it took me about 3 weeks to really master it and understand it. After two weeks of trading on a demo and winning I decided to switch to a real trading account.

I had a few losses at first but soon after started winning again and now all my sessions end in profit. Yesterday was one of my best sessions yet with 6 winning trades and 0 losses. These guys and gals make a fortune each trading day! To keep things is perspective their trade amounts are much higher. You can easily see all the details and connection delay is not notiecable at all for me trading in the US.

Hi there, And thanks for all reviews, I like to know what the trading times are for Australia with Franco please? Thanks Brian. This recently is turning out well for many people. You can earn a lot, depends on how much you are willing to fund your account with.

I was very skeptical at first but when I heard Franco talk about binary options it just made sense. I look at what happens and feed off Franco and others when they trade. Please start on a demo account first.

does he give clear signals anymore? or is it more like a coaching and teaching experience where you learn to trade on your own with the help of the people in the chatroom?

You need a proper understanding. Signed up for the signals 2 months ago and now I trade Forex on my own. The data given here is valid and fair. Right at your first login you will have your very first broker account connected to the robot.

This is speculative trading that makes you vulnerable to unlimited risk. While ETFs are like stocks, maybe you want to be a stock picker and buy stock in your direct choice. At Stock News API, we have a strict curation process that ensures that all news items are relevant to the specified company ticker.

CALL signal — price is leaving top of cloud — when cloud is bullish blue. Keeping your per trade fees low is key to minimizing your overall fees, especially if your portfolio is small. All the indicators you have added will show along the bottom of the charts chart, or on the price data.

Founded in , Coinbase is considered by the majority of investors as one of the best places to buy Bitcoin. It occurs in any market place but is most common in the stock, forex, and cryptocurrency markets. Jerry Brito jerrybrito jerrybrito Sam Bowman s8mb Who dare? Firstrade offers low fees for selling stocks and an intuitive trading platform.

What was cool is that when I got my program working I was able to watch the computer trade on this exact same interface. A demo account should be a risk-free, no-obligation way of testing a platform. Designing the Mechanisms for Automated Machinery 1. A good Bitcoin robot should not complicate the registration process with unnecessary verification requirements. Ironbeam offers many trading platforms.

Benzinga details your best options for The time span can be as little as 60 seconds, making it possible to trade hundreds of times per day across any global market.

The main reason for this top rating is the live connection to professional charts, strong and direct signals not sent via email or text message and trading support and live commentary from Franco, a professional trader who has been trading binary options for many years. You will be able to communicate with other international traders in the room via a live chat window. However, this service may not be suitable for everyone who is trading binary options.

Keep reading to find out why. Unlike most binary option signals, here you get to actually see live trading in progress. Franco is based in Canada and trading session starts at AM to AM Eastern Standard Time from Monday to Friday. His website says:. When you join his trading room , you will be able to observe, learn, and apply his trading strategy.

Your only job is to look at the signals and listen to Franco when he suggests which trades to take. His approach changed slightly and instead of placing trades himself he now focuses entirely on assisting others, mostly newcomers, and pointing out good trade opportunities. At first glance his chart set up seems a bit complicated and confusing but it actually has a very logical structure. The technical indicators that can be quickly recognized are Bollinger bands, few moving averages and volumes.

But there are also other, custom indicators in the form of arrows which really make his trading screen unique. These custom indicators include Buy and Sell triggers, as well as, the very important a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches per cent red. It can also be used as a good entry point when the momentum indicator turns green and suggests a strong trend.

It takes a few hours to get used to his charts and to understand the relations between them. Franco constantly improves his system and his charts now include windows with 1min, 5min, and 15min charts. He used to trade more currencies in the past but now he believes his system works best with these three pairs.

As mentioned earlier his team constantly try to improve the system. The Binary Options Trading Signals BOTS buy and sell triggers are best for 60 second, 2 and 5 minute trades. However, because he now also includes 5 min and 15min charts in his system, it now works for longer time frames and can be also used successfully in Spot Forex trading.

Because there might be a slight delay in transmission depending on where you live and the speed of your internet connection we would recommend taking 2 minute trades as opposed to 60 seconds, however this needs first to be tested on a demo. This is a very interesting and a useful addition because as most traders agree Forex is where the real money is. In addition to huge earning potential in Forex you have the ability to place stop losses on your trades.

To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. Martingale strategy is basically taking another trade soon after the first one with double the trading amount. The idea is that your winnings will outset the losses of your first trade. All new traders are asked to study the materials provided and be patient for the first three days. But after an intense week of training you will be on a verge of becoming a pro trader.

Every member receives a free study guide that pretty much explains the entire trading system. The guide contains clear explanations with supporting images and videos and shows a number of trade strategies that can be used with Binary Options Trading Signals BOTS. If anything remains unclear you can always ask Franco directly or consult other registered members. They are scattered all over the world, most of them trading from home in the USA, Canada, UK, Australia, France, Italy, Japan, and other countries.

You can communicate with any member directly via an open chat window. As mentioned earlier Franco does not place trades in front of his audience any more. His time is now devoted to answering questions and looking for trade opportunities. Having said that, Franco first started with 24option and was trading with them successfully for quite a while.

Then, he switched to OptionFair this particular broker is closed now. Both of these brokers offer a very similar trading platform, powered by the same engine programming which is excellent in terms of usability and its precision. Both brokers have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits.

Unfortunately neither broker accepts clients from the USA. This may be acceptable to Franco because he is trading from Canada but if you are trading as a US citizen we would recommend using regulated Nadex platform.

The biggest one is the learning curve and the fact that you need to be present and trade only at specific times using a good computer with a good internet connection. This service will be especially attractive to those who are eager to learn how to trade and understand what it takes to succeed in the markets.

It is not unusual that after a few months of trading with Franco his subscribers leave the service to continue successfully on their own without his custom signals. Franco himself takes on average trades per session and they are usually winners.

At the end of each trading session Franco asks his subscribers for their trading score, eg. There are some traders in the room who have been trading with this system for many months, and their score can be quite high, reaching and on some days is not uncommon.

This fee is all inclusive and charged every two weeks. When you add to this the invaluable hands-on experience that you get by being in the trading room and learning directly from a world class trader, the subscription fee is actually very reasonable.

To be fair, the subscription process could be easier. STEP 1. STEP 2. Once you fill in the form, click on the NEXT button at the bottom of the page to continue with initial payment. STEP 3. Enter your payment details for your initial two week subscription. Remember, your subscription can be cancelled at any time. STEP 4. Check your email for payment confirmation from Clickbank and your trading room membership details with links to trading strategies and the trading room.

That is it. Your membership will be set up and you will have two weeks to trade with Franco and hopefully make a good profit. We hope this review was helpful and we wish you all the best in your trading! This has been excellent experience and I also made a lot of money. Your review is very good but it took me a bit longer than 3 days to start trading on a real account! I used his system on a demo for a month! Thanks for your comment! I agree that it is better to practice on a demo until you get confident enough to trade on a real account.

Great trading experience! and I love the fact that I can trade only 2 hours a day and have the rest of the day for my studies. Wish me luck and keep me updated. No problem Marta, glad to be of help. Subscribe to my newsletter for updates and keep on trading :. Good signals and lots of fun trading! I know people who have spent thousands on learning to trade Forex.

Totally recommend it! I must admit I was skeptical in the beginning but Franco and other traders in the room really helped me understand it all. I feel anybody can do this and earn extra income. Some traders in the room are making a killing using these signals. I hope to get there eventually.. Do you trade from the uk? If so how important is the lag for the short term trades?

Just signed up after reading your review! So far very happy trading with Franco. Good community of traders. The service is awesome, his trading technique actually makes me money.

what is the profitability margin like, do you make more winning than losing trades or vice versa? Is this one of the best authentic profitable systems around the marketplace now? I am a complete newbie to binary options trading platforms so I need some useful reviews here. I hope you guys will be able to lend me some help. I found the data delay from Canada to UK was one of the main reasons, but his indicators and set up are very interesting.

Has been 2 weeks now and so far so good.. Hi, I am about to subscribe to BOTS. May I know how many wins vs losses do you make per day in a given week?

Are you still trading? And also, does the internet connection affect results? I am in the Philippines and I worry that the net might affect live feed. Yes, the connection speed does play a substantial role unfortunately, especially since Franco trades 1 and 2 minutes expiry times and the point of trade entry is quite important. It really depends on the lag.

The moving averages are used to recognize the price changes. Money Flow Index Strategy. I am a complete newbie to binary options trading platforms so I need some useful reviews here. Leave a comment. Having said that, Franco first started with 24option and was trading with them successfully for quite a while. com Cookie Name NID Cookie Expiry 6 Month. Just checked out Trade Thunder, looks good..

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