Have you ever wanted to get into the financial world but didn’t know where to start? Well, binary options are a great place to start! Binary options are a type of contract that allows you to bet on the direction of an underlying asset. If the asset goes in the direction you predicted, you make a profit! It’s simple and easy to understand, which is why binary options are so popular.
A common type of binary option is the One-touch binary option. They are a financial trading instrument that has become increasingly popular in recent years. If you’re unfamiliar with one-touch strategies, they are a type of option where the trader predicts whether the asset will touch a certain price point before the expiration date.
What is a One-Touch Option?
A One-Touch Option is a binary option that pays out a predetermined amount if the underlying asset reaches a predetermined level. The level can be above or below the current price set by the broker. If the asset reaches the predetermined level, the option expires “in the money” and pays out the predetermined amount. If the asset does not reach the predetermined level, then the option expires “out of the money” and pays nothing.
One-touch binary options can be traded on various underlying assets, such as commodities, currencies, and stocks. They are a higher risk/higher reward type of trade than traditional binary options. They are popular in volatile markets as they give traders a chance to make big profits if there is a big move in price. However, because they are more speculative, they are also riskier and should only be traded with caution.
For example, if you think the price of gold will rise in the next hour, you can place a One-Touch trade on gold. If the price of gold hits your prediction target, you will earn a profit.
How Does One Touch Option Work?
When you enter into a One Touch trade, you will need to select two price levels – one above and one below the current market price. These will be your “barriers”. You will also need to select how much you want to invest in the trade and how long you want it to last (expiry time). The expiry time can be anything from 1 hour to 1 week or even longer in some cases.
Advantages of One-Touch Options
One-touch options offer investors a simple way to profit on yes-or-no changes in exchange rates and can provide incredible returns of 300-500%. These options also allow buyers to get paid because of the option transaction. However, it is important to note that one-touch options may only be suitable for experienced investors due to the inherent risks involved.
Common One-Touch Strategies
When it comes to trading one-touch binary options, there are several different strategies that you can employ. Here are some one-touch strategies you can use when trading.
• Moving Average Convergence Divergence
Moving Average Convergence Divergence (MACD) is a technical indicator that measures the difference between two exponential moving averages (EMAs) and gives traders an idea of whether prices will continue in the same direction. A MACD crossover occurs when the MACD line crosses above or below the signal line. This signals that momentum might be shifting and that it could be time to enter into or exit from a trade.
• Moving Average Crossover
One strategy you can use when trading one-touch options is a moving average crossover. For this strategy, you will need two moving averages: a slow-moving average and a fast-moving average. The crossover occurs when the fast-moving average crosses above or below the slow-moving average. This signal indicates that the trend is changing and that it might be time to enter a trade.
• Price Patterns
Another thing that traders can look for when trying to find opportunities to trade one-touch options is price patterns. They can give traders an idea of where prices might be headed next.
• Consider Support and Resistance
When it comes to identifying support and resistance levels, there are several methods you can use. You can use traditional technical analysis tools like trend lines and Fibonacci retracements or look at candlestick patterns. You can also use pivot points to identify potential turning points in prices.
• Check on News Release
This strategy is about waiting for news releases that can impact the underlying asset’s price. For example, a news release about an upcoming product launch by Apple would likely impact the price of Apple’s stock.
If you think the news release will cause Apple’s stock to increase in value, then you should buy a call option on Apple’s stock. If you think that the news release will cause Apple’s stock to decrease in value, then you should buy a put option on Apple’s stock.
Make Money Online with One-Touch Binary Strategy
The one-touch binary option is a great way to make money online. It is simple to understand and easy to trade. The key to success is to have a good strategy. Many different strategies can be used with this type of option. The best way to find a strategy that works for you is to experiment with different methods until you find one that suits your trading style.
