Binary Options Strategy 60 seconds or 5 minutes : In 2024
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If you want to trade with binary options and are now looking for a good profitable strategy (60 seconds) that actually works, then I have a solution for you. The most successful binary options strategy is the so-called trend following strategy with a duration of 60 seconds, 2 or 5 minutes.
According to the motto, “The trend is my friend”
Here is also the Martingale strategy, which is not as popular with traders as the trend following strategy. That’s why I won’t go into the Martingale strategy any further here.
With a 60 second strategy, you can make big profits in just a few seconds, but first read how it really works.
If you want to trade with binary options, you can of course also try out some other strategies. But experience has shown that even professional traders, even after trying out some other strategies, go back to the trend following strategy. Because this is simply the most reliable method when trading with binary options, with the highest win rates.
How does the binary options strategy (60 seconds) work?
The trend following strategy
As the name trend following suggests, you simply follow a trend, whether up or down. There are only 3 different trend variants. This trend following strategy is the most commonly used strategy for binary and digital options. It is used by beginners, but also by professionals. Because it is only about assessing a trend. You will find out below when the exact entry point is.
The trend reversal strategy
There are also traders who use the trend following strategy to bet on a trend reversal. The principle is very simple, with a 60 second or 5 minute strategy. You look at a chart of a currency pair for a longer period of time that has been rising steadily. Here, the professional traders assume that there must be a turnaround in the price. If the first signs are then visible that the price is now turning, the trade is started.
However, this variant is not the best solution for beginners. Because if a price has risen over a certain period of time, it is more likely that it will continue to do so for the next 60 seconds or even 5 minutes. So the trend following strategy, with the trend, is safer than against the trend.
Trend variants for a binary options strategy.
The uptrend
As you can see in the graph, the price rises over a longer period of time. As a guideline, you can take at least 30 minutes, up to an hour. This is called an uptrend. If you see a curve like this in your chart, opening a buy position, also known as CAL, is recommended.
As you can assume that if a price has risen for 30 minutes or more, it will continue to rise for another 60 seconds or 5 minutes,
The probability that it will do so is very high. But that should be obvious to everyone. You can find out more about this below. That is why the 60-second binary options strategy is the most popular of the strategies.
The downtrend
The same applies here as with an uptrend. If you see a curve like this on your chart, opening a sell position, also known as PUT, is recommended. Here too, it can be assumed that if the price has fallen for 30 minutes or more, it will continue to fall for another 60 seconds or 3 minutes.
The Stagnant Trend
If you see a curve like the one in the stagnant trend, it means that it is not possible to see in which direction the price will move. In such a case, we do nothing. This is completely unimportant to us. So if you see such a curve on your chart, look for another currency pair where a clear trend can be seen.
Let us now look at the technical process of the broker Pocket Options.
After registering and logging in for free, you will see the following graphic on your screen.
Here you can see a nice uptrend that I took advantage of and opened a position with $100 to buy (green button). At the top, next to the red arrow, you can see my profit. Payout $198, so profit in 2 minutes, $98. Not bad, right? But this isn’t about my profit, but rather that you know what you have to do to achieve the same or more.
$100 stake + 98% = profit $98 in 2 minutes
Binary options strategy instructions. (60 seconds)
1. First, look for a currency pair or commodity, etc. where you see exactly the same curve in the chart. It can of course also be downward. Because then, as explained above, it would be a downward trend, where you make exactly the same profit as with an uptrend. That’s the nice thing, you can make profit in both directions.
If you have found a currency pair or commodity etc. where you can see a clear trend, the next step is:
2. Go to Zoom and click on the minus sign as you can see with the green arrow until you can’t do anything else. This way you can see the chart in full and see how long it has been rising or falling.
3. Then select the time for how long the trade should run. Look at the left yellow arrow at the bottom. I chose 2 minutes here, but you can also choose 60 seconds, 5 minutes or more.
4. Now select the amount you want to use for this trade. Look at the right yellow arrow. I used 100 dollars here. That’s all the settings you need to make for now.
Now comes the crucial point.
When and how should you start the trade now, because then the time starts to run. You start the trade by clicking on the green buy button when there is an uptrend and the red sell button when there is a downtrend. We have now clarified how you start a trade, the only thing missing is when you should start. That is the decisive factor for a profit or loss.
The following graphic shows you exactly when you should start the trade.
In an uptrend, you always start the trade when the price briefly goes down. You can see this in the graph at the green markings. In a downtrend, the exact opposite. Here you start your trade when the price briefly goes up.
You won’t believe it, that’s it. There’s nothing more to say about this trend-following strategy, with which I almost always have a success rate of 75 to 80%.
My trades with this strategy from October 1st, 2019
As you can clearly see in the graph, there is a clear downward trend here (EUR/RUB) which I of course immediately used to trade. I made 4 trades, each lasting 2 minutes. On the right you can see my closed trades and that I won all 4. ($190 payout per trade)
Of course it also happens that you lose a trade. But always remember, before you start a trade, to look for a chart where a clear trend like this can be seen. I only ever get in when I am absolutely sure that the trend will continue. That is exactly what makes me successful and it works 100%.
So I invested $400 ($100 per trade) and got paid out a total of $762. My profit was $362 for the 4 trades.
I closed my first trade at 7:48 p.m. and the last one at 8:05 p.m. That’s 17 minutes that I traded.
362 dollars profit, in just 17 minutes.
You can of course start with 5 or 10 euros per trade. Even that way you can make a decent profit. Later you will certainly be able to work with 100$ or more per trade.
Now you should test the whole thing yourself with absolutely no risk by opening a free demo account with Pocket Options. This can be done in a few seconds. The binary options strategy with a 60 second duration is the most commonly used method. But longer durations also lead to success.
