May 10, 2017 (Wednesday) Nikkei 225 Binary Options Trading Result
What is Nikkei 225 binary options? It is a binary option based on the Nikkei 225 stock average, offered by IG Securities. There are three types of options: ladder, one-touch, and range.
Wednesday, May 10, 2017 — IG Securities Nikkei 225 Binary Options Trading Result
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[Today's Trading Tips]
Go-to-Bi.
Check the Nikkei 225 CFD around 8:30 AM.
Yesterday after-hours reached 20,000 yen, and after the NY close there was a sharp decline; the after-hours rebound was completely retraced.
Today in Tokyo time is expected to be a corrective market after the plunge.
Today's CFD opening price is below the Daily Pivot, and it could mark a turning point in the uptrend that began on May 1 as indicated by the three-line bullish setup on the daily chart.
On the 1-hour chart, the price is below the baseline, indicating weak near- to mid-term momentum.
As a go-to-be strategy, the 9 o'clock hour might be pulled up by currencies, but it is not expected to surge toward 20,000 yen in one move.
After observing the initial movement, I decided to buy a broad range and leave it alone.
I set the range to ±180 yen, taking into account yesterday's after-hours movement.
After the open, it did not rise steeply, and since the option price was decent, I bought immediately.
I left it alone without looking at the chart until after 3 PM, while watching the NHK news at its scheduled time.
In the end, the high for the year during trading hours was updated, but the market remained range-bound.
Like yesterday, a narrower range would have been fine, but rather than fluster in a choppy market, I’m comfortable with a zero-management trade that can yield 20 points.
Around 3:10 PM on May 10, 2017 — Nikkei 225 CFD 1-hour chart
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Basic knowledge (1) What are binary options
Basic knowledge (2) How option prices are determined
Basic knowledge (3) Binary option terminology — terms unique to IG Securities — and how to read trading results
Basic knowledge (4) There are three types of trading styles
Advantages of Nikkei 225 binary options
How to open a demo account
↓ This is trading know-how.Campaign price is set until the end of May.
Once you grasp the knack, trading becomes easy
There are many profit opportunities and high capital efficiency