Using the Stochastic Oscillator with Binary Options Part 1

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This is part 1 of a 2 part video tutorial about using the Stochastics indicator for trading.  In this video the narrator is first covering basic understanding of the Stochastic Oscillator and how to use it with uptrends, downtrends, trading sideways or flat, and more.  The Stochastic Oscillator is intended to show momentum of the market, not price or volume.  Momentum typically changes before price and volume so it is an absolute must of an indicator for every binary options trader’s chart.

I personally overlay it on top of my volume indicator in a separate indicator section, not on top of my price action, moving average, and bollinger bands chart because when the Sto is paired with the volume it is a lovely thing to watch and compare with whatever is going on on the main candle chart.

I have found that a properly set & optimized Stochastic indicator (I use 8, 3, 3 settings) can be a 60 Second Trade dream, when info is compared & confirmed against your other chart indicators.  Watch the Sto & volume, check the price action for trend confirmation or possible fake outs (great video on spotting reversals & fake outs here on the site), and then flip over to your 60 Second Trading platform and judiciously go to town!

 

Inbound search terms:

  • indicator 60s binary sto

Comments

sirtwi says:

thanks for taking the time

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Dave Smiff says:

10 out of 10.
very clear, very well-informed explanation.
keep ‘um coming.

sindicatpmarad says:

Hello. Have you heard of the British Box Breakout (look it up on google)? Ive heard some insane things about it and my pal made tons of pips.

Badgamer1000 says:

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I’m averaging 600 pips a week. You just need a better system. The system I use always has consistent results. Check out the video here –> bit.ly/NKHnbv?=abmncs

leafcutterful says:

Great Video… The best I’ve seen on the subject…Thanks…

TheGoalSetter says:

Newb question: My 401k plan has around a three-day lag when buying/selling. Plus, I can only buy/sell a few times/year without getting fees. So I have to be conservative when buying and selling.

So is there a way to buy/sell stocks real time (or within a day)…with unlimited (or many) transactions?

PSAadmin says:

You are welcome.

TikiManTimoki says:

Thanks for covering all the Stochastic settings – good job!

PSAadmin says:

I use Stock Charts . com and I use the slow stochastic oscillator.

orsoneczek11 says:

Great video as always!!!!
was wondering, which charts are you actually using, if its ok to ask???

Merry Christmas

Reimy says:

Really appreciate your effort in showing us this video.Thumbs up

Binary Babe says:

Thanks, Reimy! Glad you’ve found it useful.

technical trading says:

This is a site to view volume and technical chartschart analysis. This site provides leading technical indicator analysis and provides a great stock screener.

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