Many traders use market events to time their trades. The reasoning behind this is that trading volumes are greater during these events and the ensuing momentum usually creates a breakout rally. But breakout rallies can be very tricky and are sometimes referred to as the ‘siren’s call for the novice trader’ because they can quickly reverse. Binary options actually allow you to trade with more confidence because, unlike conventional Forex, binary options can be hedged to reduce risk. So now you can trade rallies with less risk.
So how does this work? Let’s take an example. This coming Thursday the US unemployment claims report will be published. Due to the popularity of this report
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