Home » My personal example of earnings » STRATEGY 11 of binary options. Range Out Trading

STRATEGY 11 of binary options. Range Out Trading

In this article I would like to teach you how to make money on binary options by using the tool called RANGE.

To receive a profit, you must guess whether the rate breaks through the set range (OUT) or not (IN).

I would like to draw your attention to specific cases when the possibility of receiving a profit is maximum.

To use this strategy, you will need an economic calender.

Economic calender and the news are available at Investing.com

N.B. To determine at what time exactly the news comes out, select the Current Time of your city (see the screenshot below). Select your city or the city located in the same time zone.

Chas_poyas

 During 30 minutes before the certain piece of news or an economic index comes out (2 or 3 bulls), the market is getting extremely volatile and the rate either rises very high or falls very low.

For this reason, you can click on Out 30 minutes prior to the news coming out. The broker will offer you a certain range (upper boundary and lower boundary). In this case, the trader expects the current rate to break through this range till the option expires.

If the news affecting GBP comes out, you can choose GBP/USD currency pair or any pair containing GBP. If the news affecting EUR comes out, you can choose EUR/USD currency pair or any pair containing EUR.

For you to understand how this strategy works, I made a video showing how I earned $320 using the news on Industrial Production Index (2 bulls) that came out at 2 PM (Moscow Time). As it was highly probable that EUR/USD rate would break through the set range before the news came out, I chose OUT!

 

video in the course of installation

 

Knopka_Begin_Trading                Knopka_Registration

Below there are several screenshots that prove effectiveness of this strategy of binary options.

On November, 6 at 7 PM  the news on GBP Growth (2 bulls) for Great Britain came out. Click on the image to enlarge it.

0611HERE IS THE RESULT!

Range0611

By the time the options expired, GBP/USD and  EUR/GBP rates broke through their set ranges.

GBP/USD went from the boundary by over 100 pips (close rate  -  1.61092, upper boundary – 1.60974)

EUR/GBP went from the boundary by over 60 pips (close rate – 0.84052, upper boundary -  0.83986)

 Net Profit is $480!

ANOTHER EXAMPLE!

 On November, 15 at 2 PM four economic indices (2 bulls) for Eurozone came out. Click on the image to enlarge it.

1511

HERE IS THE RESULT!

Range1511

By the time the options expired, EUR/USD and  EUR/GBP rates broke through their set ranges.

EUR/USD went from the boundary by over 70 pips (close rate  -  1.34388, upper boundary – 1.34461)

EUR/GBP went from the boundary by over 40 pips (close rate – 0.83703, upper bpundary -  0.83742)

 

Net Profit is $640!

ANOTHER EXAMPLE!

 On November, 18 at 2 PM  the news on Trade Balance (2 bulls) comes out. Click on the image to enlarge it.

1811

HERE IS THE RESULT!

Range1811

By the time the options expired, EUR/USD and EUR/GBP rates broke through their set ranges.

 

Net Profit is $640!

Knopka_Begin_Trading          Knopka_Registration

Below there are several VIDEOS which will give you answers to some questions concerning  OptionBit platform:

Step-by-step instruction guide from A to Z

How to Register at OptionBit Platform

How to Credit an OptionBit Account via bank card

How to Credit an OptionBit Account via WebMoney

How to Credit an OptionBit Account via Yandex.money

How I Make Profit at OptionBit   My profit increased to 433,000 rubles!

How to Withdraw Money from OptionBit