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Intermediate guide

Binaries Information

Every decision in binaries trading is based on market conditions and predictions of its movement. To foresee and define price changes your choices as a trader should be based on concrete data, such as charts and indicators (technical analysis) or latest news (fundamental analysis). Trading signals from your brokerage company may be useful as well.

Now let us get into details how up-to-date binaries information can aid you in your investing. Every broker offers streaming charts and indicators built-in their platform. You should make sure that this binaries information is correct and the feed is not lagging behind by comparing your broker's platform with other free resources, such as our website or MetaTrader 4 platform, which can be used free of charge. If everything seems fine, then you can base your predictions on this data and be sure that your strategy will be successful in the long run.

But more traders focus not solely on technical data, but mostly on latest c, as they are a key driving force for trends. And trends are traders' true friends, because if we follow the trend our investment will be profitable almost 100% of the time. Binaries trading news can vary by their importance and influence on market conditions.

The most important binaries trading information usually concern country's GDP, profit and employment. For example, if we take the EUR/USD currency pair, then any Eurozone or US news would influence the price formation. One thing we should remember about binaries information: good news concerning Europe or bad US news will send the price upward, and any negative news concerning Euro, or positive ones as for the USA will see the price tumble down. The same correlation will work for any other currency pair.

Binaries Trading News

As for the stocks, you should monitor the company's website and major binaries trading news media, such as Bloomberg and our website to get the clear view of what is about to happen. Take note, that before the binaries trading news hit the news room, there are always made prediction concerning its outcome. If predictions were negative, but the results were quite optimistic then the price will rise more sharply, compared to when the prospects have been overestimated.

The final part, which can aid you in choosing the direction of your trade is trading signals provided to you by your broker. These are quite useful to confirm your thoughts on the trade opening, but should not be the sole foundation of your trades, as it is namely you who are responsible for making proper analysis and decision. And if the signal was not correct for some reason, and this happens quite often, you should understand the cause of it.

To sum it up, finding binaries trading information from reliable sources takes some time, but when you become more proficient and gather enough sources your trading will improve drastically.

Please find out in the table below what Educational Tools each broker can offer you for Intermediate Level