Binary Options Trading Basics: A Simple tactics as 1-2-3This strategy in the world of binary options is considered to be one of the oldest. It was used successfully even before the advent of binary options. It was used for many years by many traders. This strategy is based on determining the moment of the trend reversal. In other words, this strategy tracks the moment when the trend is going to change its direction. This strategy works with a long-term, medium and short trend.In the case of tracking the reversal of the uptrend, we will analyze the low highs.In the case of tracking the reversal of the downtrend, we will monitor the high lows.On the chart, we will use 3 points. Hence the name of the strategy.As an example, we can use the situation when the trend is upward. As we have noted before, this strategy includes 3 points. Let’s analyze with you what point is responsible for what.At the “1” point, we must note the maximum that the uptrend reaches and starts its course in the opposite direction.At point “2” we note the achievement of a minimum price for the rebound and its growth to the maximum.At point “3” we fix the lower maximum, but this is when the price does not return to that same maximum at the point “1”.Now, marking the points we need on the chart, we will expect a signal for committing to trading. Now we will not need to miss the moment when the price falls below the “2” point. This will be the end of our figure.This strategy is perfect for novice traders, as it is quite simple to use and does not require special skills. Another plus is the ability to combine this strategy with other tactics, trading tools for both novice traders and professionals. Use it with trend strategies or with those that involve levels of support and resistance.OPEN DEMO ACCOUNT Related ContentMarket trends: trend and flat 16.03.2019Weltrade: How to conduct levels on Forex 03.02.2019Double Bolli - strategy for trading binary options 21.11.2018Sideways trend or high-risk Forex trading 23.02.2018Trading strategy "average growth" 15.01.2019Classic Japanese candlestick trading strategies 15.02.2018A trading strategy for the "Hartley" instrument 22.03.2018The direction of the market movement. How to determine? 09.01.2021The "Roof" strategy of trading on the futures market 08.03.2018Trade with Price Channels 24.02.2018Utilizing the Moving Averages with Binary Options 31.01.2018Selling options before their expiration 28.02.2018A scalping strategy for options 20.03.2018Reliable and Effective FX Trading Strategy Based on MACD, RSI and SMA. 27.03.2019"Estrella" - a classic, reliable strategy for binary options 16.02.2018