What is Binary Options Trading Signals
Binary Options Trading Signals is a premium financial trading signal provider in the business. The service provider is considered to be one of the best in the industry due to the fact that it offers traders multiple types of assets, options and other advanced features.
The service provider promises winning rates of up to 85%, which are some of the best and highest in the whole online trading business. Read this detailed Binary Options Trading Signals review in order to find out more about this service provider.
Binary Options Trading Signals is service by Franco. This one is a lot different from any other binary options signals provider out there. It is live and is not for everyone. There is no trial period offered. So you should read carefully this whole binary options signals review.
Franco’s aim is very clear right from the start and it is is to win the week. Unlike most binary option signals, here you get to actually see live trading in progress. Franco is based in Canada and trading session starts at 9:30 AM to 11:30 AM Eastern Standard Time from Monday to Friday.
Assets and Options Types
Franco trades the most popular currency pairs: EUR/USD, GBP/USD, USD/JPY. He used to trade more currencies in the past but now he believes his system works best with these three pairs.
The Binary Options Trading Signals (BOTS) buy and sell triggers are best for 60 second, 2 and 5 minute trades. However, because he now also includes 5 min and 15min charts in his system, it now works for longer time frames and can be also used successfully in Spot Forex trading. Because there might be a slight delay in transmission depending on where you live and the speed of your internet connection we would recommend taking 2 minute trades as opposed to 60 seconds, however this needs first to be tested on a demo.
Signals Generation Mechanism
Every member receives a free study guide that pretty much explains the entire trading system. and are asked to study the materials provided and be patient for the first three days. Then, after this period if they still don’t understand how the system works they should ask questions which will be answered by him or other traders in the room who have been trading longer and understand how the system work.
During trading sessions traders will also have the possibility to chat with each other in real time. This again proves that the services provided are accurate and reliable. No service provider would allow all its customers to talk with each other in real time if the services offered by that provider are fraudulent.
Usually there are multiple hundreds of people hanging out on the chat platform offered by the provider, sharing their experiences and success. This alone is worth the subscription money charged by the service provider.
Generally, Franco will be executing around five trades per day. This is because he will be focusing on the analyzing part a lot in order to make sure that the trades executed will indeed be accurate.
Five trades might feel to be few but if in average 4 out of these 5 is always accurate then with an investment of $100 per trade you will be able to generate around $240 profits per day, $1,200 profits per week, or $4800 profits per month. Always.
Franco’s ChartsAll of Franco’s charts are set up on ThinkorSwim professional software from TD Ameritrade. At first glance his chart set up seems a bit complicated and confusing but it actually has a very logical structure. The technical indicators that can be quickly recognized are Bollinger bands, few moving averages and volumes. But there are also other, custom indicators in the form of arrows which really make his trading screen unique. These custom indicators include Buy and Sell triggers, as well as, the very important a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches 100 per cent red. It can also be used as a good entry point when the momentum indicator turns green and suggests a strong trend. It takes a few hours to get used to his charts and to understand the relations between them. Franco constantly improves his system and his charts now include windows with 1min, 5min, and 15min charts.
Forex trading signalsFranco’s trading signals can also be used in Forex trading. This is a very interesting and a useful addition because as most traders agree Forex is where the real money is. With a big trend and a considerable price movements you can make a lot more than 75% of your trade amount, at times you can make as much as 300% and more! In addition to huge earning potential in Forex you have the ability to place stop losses on your trades. In binary options if you lose you trade, you lose 100% of your trade amount, in most cases, unless your broker offers 5% return on losses (you still lose 95%). In Forex, where you can place stop losses, you can set them to 20% of your traded amount and when the price action moves against your trade you will only lose 20% of your traded amount. You don’t have to be a genius in Maths to understand how setting stop-losses can improve your overall chances of earning money with trading.
Franco’s welcome message to new subscribersAll new traders are asked to study the materials provided and be patient for the first three days. Then, after this period if they still don’t understand how the system works they should ask questions which will be answered by him or other traders in the room who have been trading longer and understand how the system work. Franco is quite confident, and many traders in the room agree, that it takes on average 3 days to come to grips with Franco’s charts and his signals and the trading system. But after an intense week of training you will be on a verge of becoming a pro trader.
Minimum Winning RatioYou will be able to use any binary broker with this system and replicate his success rate of 85%. The service provider promises an average winning ratio of around 85%. This is extremely high in the financial trading business. In order to better understand this you will have to be aware of the fact that most commonly you will have to achieve a winning ratio of 65% in order to make money in binary options.
So, if you achieve a winning ratio of 85% it means that you will be able to cash in large sums of money all the time, on a permanent basis. Just remember that winning ratios are the averages of multiple trades. Therefore you can only achieve this winning ratio by following all the signals provided by Franco.
If you skip certain trades then obviously your winning ratio will not be the same as that of Franco. You will have to take this very seriously if you decide to trade binary options and use a signal service provider. You have to follow all the signals to the letter.
Franco is at this moment charging a fee of $97 per two weeks. This is by some considered to be a very high fee. However, you will have to remember that the services provided are of premium quality. You won’t just receive simple signals to your email like it’s the same at other providers.
As explained above, at Binary Options Trading Signals you will be able to watch Franco executing trades in real time. You will see all the clicks and all the moves he makes on an actual trading platform. This way you will be able to watch and learn from a real binary trading professional.
When you add to this the invaluable hands-on experience that you get by being in the trading room and learning directly from a world class trader, the subscription fee is actually very reasonable. It comes to only $10 per trading session.
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