In
binary options trades, you are usually presented with three tools for
trading: High/Low, Touch/No Touch, and Range.
Take this EUR/USD chart from March 12, 2013, for example:
Simply put, a price point is given on any asset you choose, and then you have to decide if it will hit the target point, stay in the range, touch or not touch the point, or close high or low from the point.
It’s pretty broadly considered a yes/no question and answer, which is why they are called “binary” options. Meaning: there is only a yes or no answer to the question. Simple and to the point, that’s the success behind it.
Take this EUR/USD chart from March 12, 2013, for example:
 |
| Change is great when it's a currency filling your bank accounts |
Simply put, a price point is given on any asset you choose, and then you have to decide if it will hit the target point, stay in the range, touch or not touch the point, or close high or low from the point.
It’s pretty broadly considered a yes/no question and answer, which is why they are called “binary” options. Meaning: there is only a yes or no answer to the question. Simple and to the point, that’s the success behind it.
No comments:
Post a Comment