Mark Trading

Mark Trading Hi! I'm Mark and I gonna be your Guru in the binary options world. Stay safe and be in touch.

Welcome to my page! Here you can find binary options trading strategies, trading tips and patterns reviews đŸ€“ Enjoy readi...
27/03/2023

Welcome to my page! Here you can find binary options trading strategies, trading tips and patterns reviews đŸ€“
Enjoy reading!
If you want to join the private club for free where you can receive more signals (or use auto copy) - text me to DM or in Telegram đŸ‘‰đŸŒ ”I want to team" and I will add youđŸ‘šđŸœâ€đŸ’» https://t.me/mark_connect
Also, if you prefer watching, you may subscribe my Youtube channel https://www.youtube.com/

Get Ready to Master the Double Impulse Pattern! | Trading strategy__________________________________Unfortunately, Faceb...
23/03/2023

Get Ready to Master the Double Impulse Pattern! | Trading strategy
__________________________________
Unfortunately, Facebook's functionality doesn't allow for convenient writing of educational articles. For easier viewing, I suggest that you to click on the link that I've provided below.

[ https://telegra.ph/Get-Ready-to-Master-the-Double-Impulse-Pattern--Trading-strategy-03-22 ]
However, this is not mandatory. If it's more convenient, you can read it here. What is mandatory - your feedback on whether this article was helpful. Thank you:)
__________________________________
What you’re seeing on your screen (1), that’s me starting the recording late and probably missing a great entry point.
Now, what am I even talking about? Our regular viewers might have already noticed the Double Impulse pattern that we’ve previously talked about in detail in this [ https://youtu.be/-nNi7daqB2I ] video on my YouTube channel.

Let me do a quick recap for you. If you see that after a strong impulse the market starts consolidating and then another impulse brings it to the closest level of resistance, most likely the price, after reaching a level of resistance, would start going back down again.

So, here I was just waiting for it to happen and decided to check if the recording was on, and of course it wasn’t. And while I was turning it on, the price managed to fall back to the middle of the impulse point.
(Screen 1.)

Well ok, if this turns out to be a false rebound, and the price goes back to the level of resistance, I will enter the market with a put option.
Right, but the price here reaches the level of consolidation, so the pattern’s pretty much completed, and we can just close this chart down.
(Screen 2.)

Alright, I think there was potential for the Double Impulse to form on an AUD/CAD chart, so we should probably switch to that. Let’s check if we have a resistance level here.
And yes, here it is, the price does reach the resistance level, and I finally enter the market.
So, here is what I saw: there was this first impulse, then the market consolidates a bit, starts to go up, and here will come the consolidation we’ve been waiting for.
(Screen 3.)

Sending a screenshot to the Telegram team, so that they know why I did what I did.
(Screen 4.)

And the only thing that’s left for us to do, is just wait until our option expires.
That was just a textbook Double Impulse.
Just let me send the result to the team, and we’re ready for another one!
(Screen 5.)

I don’t know why but today I’m really lucky for the Double Impulse pattern.
As with the previous one, I’m trading using a 3-minute timeframe and 10-minute expiry.
That’s the first impulse, then a quick consolidation, and then it stops.
And, very importantly, when trading binary options, only make a move when the market starts moving in the direction you expect it to.
(Screen 6.)

While we wait, let me show you the resistance level itself.
Also, as we can see, the market is trading at its lowest in a long while, so that gives us a boost in confidence, since the price is more likely to go up than down.
(Screen 7.)

Here we go!
And that’s exactly the reason why we should opt for a longer expiration time!
It’s important for us to have some to wait out such fluctuations.
(Screen 8.)

Sending the result to the team, and we’re good to go!
(Screen 9.)

Wow, ok, something incredible is happening!
In just a few hours of trading I stumble upon another Double Impulse pattern!
But, honestly speaking, this entry point is quite a risky one since I noticed it a bit too late.
What we should have done, is enter the market right here (green), and leave here (red).
(Screen 10.)

But this particular pattern has a long movement potential.
The movement potential of a Double Impulse ends in the middle of consolidation, so our chances are quite good, and I decide to enter the market.
(Screen 11.)

And, while we wait for our option to expire, let me answer one question I get asked very often:
- “Do people from your team actually manage to follow your signals in time?”
Well, first, 80% of the team members set up auto-following. The platform I’m using allows connecting any account to mine, and then all my trades will automatically take place in yours even if you’re offline at that point.
I post signals and my logic behind them for the 20 percent who want to be selective about the trades they want to make.
Second, at this point in time, Telegram is the only messenger that can deliver notifications about my signals instantly, so on average, people who do everything manually, have a time lag of only about 30-40 seconds, and considering that I usually trade using a 10-minute expiration time, it’s not critical.

So, today we just had 3 patterns successfully working out in a row. I think it’s time for us to take a break now and get back in a few hours, if the market, of course, is not too volatile.
(Screen 12.)

For a trader, it’s essential to know where to stop and not give in to the excitement.
Thank you for reading this article till the end, I hope you found it useful.
Subscribe, if you want to see more content like this!
And, if you want to follow my signals for absolutely free, I invite you to my Telegram channel, the link’s on your screen [ https://t.me/mark_connect ] and in the description below! If you have any questions, leave them in the comments section, or text me in any of my social networks.

And, as always, stay safe and be in touch!
(Screen 13.)

Trading Patterns Don’t Work__________________________________Unfortunately, Facebook's functionality doesn't allow for c...
20/03/2023

Trading Patterns Don’t Work
__________________________________
Unfortunately, Facebook's functionality doesn't allow for convenient writing of educational articles. For easier viewing, I suggest that you to click on the link that I've provided below.
👉[ https://telegra.ph/Trading-Patterns-Dont-Work-03-20 ]

However, this is not mandatory. If it's more convenient, you can read it here. What is mandatory - your feedback on whether this article was helpful. Thank you :)
__________________________________

I can safely say that this article is gonna be the most important and useful article on my page, and I guarantee that you won’t regret reading it.

Do you want to see more trades that turn a profit? Then the first thing you should get comfortable with is technical analysis patterns.
And I must congratulate you for stumbling across the best article on this topic.

In this article, I’ll tell you:
- What patterns are and what they’re for.
- How to quickly find them and predict when they form on the chart?
- How to trade using patterns?
- And most importantly, why all of them don’t work, but I still trade using them.
(Screen 1.)

All this, I will show with real examples of binary options trading.

For today, I am focusing only on binary options, as using patterns when trading binary options is slightly different from other markets like the stock market or the crypto market.
And by the way, this will be the first and the most important article in a series about patterns, so I highly recommend you subscribe to this channel not to miss any future articles.

- What are patterns and what are they for?

Patterns are different formations seen on a chart. You may see these formations from time to time on completely different charts, and because of their cyclical nature, they are called patterns. Since they follow the same logic, when a pattern forms, we can predict where the price will go based on how the market usually behaves when a particular pattern is formed.
That means that if we see a triangle on a downtrend (this is a chart heavily dominated by sellers), we understand that the price will most likely go down.
Don’t get worried just now, mate. I’m gonna go through everything in detail. We’re gonna try to understand why the market saw such a strong impulse at this particular point, and why this impulse was directed downwards.
(Screen 2.)

- Starting with the first question, why was is directed downwards?

And to answer this question we’ll first need to understand why patterns work at all.
We’ve reached this point when we’re gonna talk about fundamentals that you can find in only few places.
No matter what kind of trading we talk about, there exists a concept of volatility. This is an indicator of how actively the price changes in the market. Here’s an example of a high volatility section of the chart (green), and here is an example of a low volatility section of the same chart (yellow). And so, in any kind of trading, where there is volatility, there is the law of changing volatility. This law tells us that sooner or later, high volatility will change to low, and low to high.
(Screen 3.)

So, if we look closely at any of these patterns, we will see that the pattern points out that the volatility has fallen. And as we already know from the law of volatility, this means soon we’re gonna see a new impulse.
(Screen 4.)

- And how do we know in which direction the price will go?

That, we’ll talk about a bit later. For now, it's important to understand that the most used patterns are nothing but the most popular shapes that a chart sees before volatility spikes.

So why is the article called PATTERNS DON'T WORK if this entire article I keep saying that what can’t but work.
Here is the thing: it’s not patterns that work, it’s the trader. Patterns only let us know when we should expect to see a new impulse on the chart. And learning where it will go, that’s the trader’s task.
And the first thing that a trader does after they see a pattern, is analyze the context.
And what is context when we talk about trading. Context is a combination of factors in the market that tell us in which way the price should go.

And the most important factors that make up the context are, of course:
- The trend (because it’s important to understand who’s dominating the market right now)
- Support and resistance level, as well as understanding why they formed
- The price at which the market is trading. If, for example, the market is trading at the lowest price in a very long time, I wouldn’t bet on it going further down.

Context can also comprehend things like:
- Value and overbought/oversold indicators
- And graphical indicators such as Fibonacci retracement.

To sum up, once a trader finds a pattern, he prepares to see an impulse, and only then he analyzes the context to understand where the price will most likely go.

-How do I find them quickly and predict their formation on the chart?

Again, relying on the law of volatility. If we see that the volatility on the chart was high for a long time (green) and then began to gradually decrease, then with a high probability, soon you will see a pattern there.
(Screen 5.)

- How to trade binary options using patterns?

Since in binary options we cannot close a trade when we want, we need to open a trade at a moment when the impulse has already begun, and we realized that the pattern is starting to work.
Let me give you an example: let's go back to the example with a triangle on a downtrend. Let's say that after analyzing the context, we think that the chart would most likely go down. In this case, we need to wait until the price starts to break the support and open a trade right at this moment. And the expiration time should be set to a longer period, in case of a correction happens. I recommend setting the expiry to at least how long it would take for 3 candlesticks to form, that is, if you are analyzing using a 5-minute timeframe chart, set the expiration time to 15 minutes.
(Screen 6.)

Let’s try to consider an opposite situation. You’ve just analyzed the context, and you are waiting for the chart to break the level of support, but the price went in the opposite direction. This may either mean that the price would rebound of the support, or that your context analysis was not entirely correct and an impulse in the opposite direction began.
- So, what would I personally do in this case?
If the price hasn’t changed in the opposite direction too much (if it hasn’t grown higher that the previous peak), I wait until the price goes back and starts breaking the level of support. And if the price goes past the previous extremum, I just stop trading in this market. If my analysis didn’t work out, it means that I wouldn’t be able to predict this particular market’s movements.
(Screen 7.)

Well, guys, if you liked this article, I would very much appreciate if you support me by leaving a like and a comment.
We’ve got a whole lot of articles about technical analysis and case study of me trading live right ahead of us.

So, I recommend you subscribe to my channel if you haven’t already.
Stay safe and be in touch.😎
(Screen 8.)

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