By using the after hours trading strategy. This window provides a few hours of relative calm for market participants. There is typically no major business or economic news in that time and nearly all markets are closed. Traders can use that quiet time of the day for more efficient and effective analysis without the noise of an open and busy market.

The really good news is that this method can be used in nearly any time frame of trading except the high frequency 60 second and 2 minute high speed turbo style of binary.

I know some of you prefer to trade that way but statistically speaking less frequent longer term traders have a higher rate of success. You can use this method to get ready for a day of 60 second trading by determining your market stance and the underlying trend then only trading in that direction. This is how it works, you can do this every day or any day that you want to make a trade.

First, wait for the markets to close and give enough time for any after hours earnings reports to be released. Usually by 5PM the day is done and you can begin.

I start by checking the earnings and economic calendars for the next day to see if any market moving events are on tap. Next I look at a chart of weekly prices, usually candlesticks, to get an idea of the underlying trend. I look to see what the long term trend is and where price action is relative to that trend.

This is usually a cursory look only as the long term conditions change so slowly. Next I move down to the charts of one day prices using my trend lines, a 30 day EMA, stochastic and MACD.

I may take a signal off any one indicator but a convergence of indicators is always a much better signal. If is see a signal I plan on a trade and enter it into my account as soon as the market is open.

The daily charts give signals on a weekly or bi-weekly basis which is not many I know. This technique also works very well with hourly and 30 minute charts providing numerous signals. The trick is to trust your analysis, enter each trade the next day and then sit back and forget about it because you are also using sound money management.

How To Use The After Hours Strategy This is how it works, you can do this every day or any day that you want to make a trade. Eric Bank is a senior business, finance and real estate writer, freelancing since He has written thousands of articles about business, finance, insurance, real estate, investing, annuities, taxes, credit repair, accounting and student loans. Eric writes articles, blogs and SEO-friendly website content for dozens of clients worldwide, including get.

com, badcredit. org and valuepenguin. Eric holds two Master's Degrees -- in Business Administration and in Finance. His website is ericbank. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. These returns cover a period from and were examined and attested by Baker Tilly, an independent accounting firm.

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Finance Menu. Finance Investing Investing for Beginners How to Trade Hourly Binary Options By: Eric Bank, MBA, MS Finance. More Articles 1. How Much Money Is Needed to Start Trading Futures? How to Trade High Volume Call Options for Profit 3. Can Anyone Buy Futures Options? Hourly Binary Options Hourly binary options operate a little differently from exchange-traded ones. Payoff Model Payoff models vary among different online broker sites.

Account Setup You can normally open a binary option trading account in a few minutes. Considerations The CFTC and the U. References Optiontradingpedia: Binary Options NADEX: US Tech -- Binary Option Example NADEX: Fees U. Commodity Futures Trading Commission: Binary Options Investor Alert. Securities and Exchange Commission: SEC Warns Investors About Binary Options Forbes: Don't Gamble on Binary Options U. Securities and Exchange Commission: Binary Options and Fraud. Related Articles.

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