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By: Eduardo Castillo
April 8th 2014 11:40am GMT, London UK
The higher it gets, the faster will fall. Remember that all the time traders look on the movement of the Assets and go in when the asset rate is low (cheap price) and buy good positions. According to Binary Options trading we have 2 possibilities when we buy a position, either we buy up, or we buy down. The assets are moving up and down during the trading session and are making a lot of chances for the BO’s traders. If we look on technical analysis, we observe that the EUR/USD has touched the resistance levels that were set for this Week; now we are at 1.38057 we expected the asset to jump from 1.37200 to 1.3800 since yesterday, so far as we are standing the asset is on 1.38073 and keep going up. Till when, we can expect the asset to continue its uptrend? At least by the end of this week, with the ups and downs that the asset is doing across the trading sessions we observe a few opportunities for short term positions.
EURUSD April 9
Let’s trade with boundaries, set the next support level and the next resistance level and trade. If you see that the asset is close to the resistance level (Up Hill) not reached yet, then trade Put options for short term 10 min, 15 min or even 30 min max.; and in the other hand when the asset reaches the support level and cross it you should wait only 2 minutes and no more than that, to place your trade towards the trend, if the asset continues to drop down place PUT positions for turbo trades, 60 sec 120 sec max. If the asset bounces back up, trade high for 30 sec or 60 sec max. Remember close to the resistance place PUTS, close to the support place CALLS.
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
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