Binary options group

Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "BreakAway"

Breakaway is a trend reversal candlestick pattern consisting of five candles.
Depending on their heights and collocation, a short-term bullish or bearish trend reversal can be predicted.

The bearish Breakaway is recognized if:
> The first candle is long and bullish and continues the uptrend;
> The second candle is bullish and gaps up from the first one;
> The third and the fourth candles have consecutively higher Close prices, the fourth candle is necessarily bullish;
> The fifth candle is long and bearish; its Close price is in the gap between the first and the second candles.

The bullish Breakaway is recognized if:
> The first candle is long and bearish and continues the downtrend;
> The second candle is bearish and gaps down from the first one;
> The third and the fourth candles have consecutively lower Close prices, the fourth candle is necessarily bearish;
> The fifth candle is long and bullish; its Close price is in the gap between the first and the second candles.

Example:

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Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Doji"

Doji is a candlestick pattern which is a candle of specific shape: its Open price is equal (or almost equal) to the Close price.
The candle is considered Doji if the difference between its Open and Close prices does not exceed average body height multiplied by the specified factor.

Example:

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Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Engulfing"

Engulfing is a trend reversal candlestick pattern consisting of two candles.
Depending on their heights and collocation, a bullish or a bearish trend reversal can be predicted.

The bearish Engulfing reversal is recognized if:
> The first candle is bullish and continues the uptrend;
> The second candle is bearish and its Open price is higher than the first candle's Close price;
> The second candle's Close price is lower than the Open price of the first candle.

The bullish Engulfing reversal is recognized if:
> The first candle is bearish and continues the downtrend;
> The second candle is bullish and its Open price is lower than the first candle's Close price;
> The second candle's Close price is higher than the Open price of the first candle.

Example:

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Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Harami"


Harami is a trend reversal candlestick pattern consisting of two candles.
Depending on their heights and collocation, a bullish or a bearish trend reversal can be predicted.

The bearish Harami reversal is recognized if:
> The first candle is long and bullish and continues the uptrend;
> The second candle is short and its body is completely engulfed by the first candle's body.

The bullish Harami reversal is recognized if:
> The first candle is long and bearish and continues the downtrend;
> The second candle is short and its body is completely engulfed by the first candle's body.

Example:

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Hello Adrian, I have 1 question.
Is this thread related to the illuminati ?
 
Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Harami Cross"

Harami Cross is a trend reversal candlestick pattern consisting of two candles. It is considered a particular case of the Harami candlestick pattern.
Its second candle is Doji (Open price is equal to the Close price) so the pattern is considered Harami whose second candle has an extremely small real body.
The trend reversal signified by Harami Cross is more likely to happen than that signified by regular Harami.

Example:

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Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Kicking"


Kicking is a trend reversal candlestick pattern consisting of two candles.
Depending on their collocation, a bullish or a bearish trend reversal can be predicted.

The bearish Kicking pattern is recognized if:
> The first candle is bullish and misses both upper and lower shadows;
> The second candle is bearish, misses both shadows and gaps down from the first candle.

The bullish Kicking pattern is recognized if:
> The first candle is bearish and misses both upper and lower shadows;
> The second candle is bullish, misses both shadows and gaps up from the first candle.

Example:


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Does any one know if there's some Binary Options platform where people play against each other (like betfair style) and not against the broker who tries to cheat on you?
 
Does any one know if there's some Binary Options platform where people play against each other (like betfair style) and not against the broker who tries to cheat on you?

The forex market.
Directly.
But you need some big starting capital :)
The broker is just an intermediate between you and the market, a platform.
 
The forex market.
Directly.
But you need some big starting capital :)
The broker is just an intermediate between you and the market, a platform.

Of course I know about Forex as well as that it requires big initial investment. But I thought there might be something like a betting exchange (betdaq etc) but for options.
 
Of course I know about Forex as well as that it requires big initial investment. But I thought there might be something like a betting exchange (betdaq etc) but for options.

Ahh, I see.
But without a broker I don't know, because they are the middle man.
Quite challenging to find something independent from intermediate broker company.

Maybe there are users here on forum, and they can share their trading exp. whitout having a middle man :)
 
I lost a lot of money with those things!

Yes, many do lose their money w/Binary options since you are playing against the broker which is just a company who doesn't want you to suck their money, so they'll do their best to cheat on you, e.g. manipulate rates (most of them state in their ToS that rates are in fact set based on their discretion) or even suspend you.
I've to be honest seen no one who consistently make profit (among those whom I can trust), most who claim to do so try to sell you their ebooks or incentivize you to join using their affiliate link or whatever (I am not saying everyone does, but I've never seen anything else so far).
 
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Description : PATTERNS
Candlestick patterns - Bearish and Bullish

>> "Long Legged Doji"

Long Legged Doji is a trend reversal candlestick pattern which is a Doji candle of specific shape.
A trend reversal can be predicted if this Doji candle continues the trend and both shadows of this candle are long.

Example:

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One small method: Previous-Previous Candle Bar within the Previous Bar

Follow through the candle, either Up or Down, and next candle is likely to ITM - 75% chance I should say, just need to cough out a little patience.

Peace,
VXS
 
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