Wasp strategy for binary options
Subscribe To Trading Secrets Popular Articles Share InvestManiacs WASP 5 minute binary options trading is a kind of trading that is related to scalping as an expiration time is very short yet with many entry points and high profits.
InvestManiacs advise you to use only reputable US binary options brokers.
Trading Rules To start trading, you need to open 1 minute time frame which is M1 on a volatile financial asset. It should be also mentioned that WASP as many other strategies should be traded after passing European or American trading sessions when asset market is the most volatile and flexible.
Along with that, traders can also use one-touch option with a condition that other time-frames are chosen. Expiration Times 5 minutes is the expiration time for this trading system.
Exactly this time is needed for diagram quotations to be gone to a certain distance from the entry point of a trade. Additionally to that this strategy is not limited with accurate time frames meaning that it is absolutely possible to pass in MT4 platform to an interval H1 and set an expiration time for hours or open a diagram H4 and set an expiration time up to 12 hours.
All the more so, the longer an expiration time is, the higher the profit will be. Money — Management Money management rules are determining accurate guides and regulations on how to handle your own funds for trading.