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Copyright 2012 24 Option Strategy.com
Please read the Free 24Option Guide first - HERE
Simple Trend Analysis
The UP Trend
Please see the image below
Above taken from www.24optonstrategy.com. This is the chart you will use to find all the trends.
You can see above that we are on gold. This has a very clear UP Trend noted by the line I have drawn on
the screenshot. See how simple it is to spot it is basically a clear rise in price from the bottom of the
arrow to the top. Picture this in your head use a line drawing tool if you wish, once you have done this
many times it will be as easy as a glance to spot.
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Note: the chart is set to the 5 minute timescale, highlighted by the circle. You can use one hour or 1H to
clarify the trends pattern.
Now when we go to 24Option and have logged in you should see this below on the web page.
1. Make sure High/Low is highlighted in orange text [circled]
2. Based chart analysis look for the option you chose to trade. In this example we selected Gold
this mean we use the drop down menu [circled] and select Gold
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3. The next screen that will appear is this is two section of the screen. You can see the Gold option
is highlighted and I also took a snapshot of the time [circled]. Only use the time displayed here
by 24Option.
4. Select an expiry time[circled] try and make it at least 20 minutes away notice it is again a
simple drop down menu
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5. Now when you select the expiry time and the Gold option this image will load. You can see there
version of a line chart, please ignore this. You can also see your expiry time, server time, 80%
return, price and the buy section.
6. Now we have confirmed an UP Trend so we will select HIGH [circled above] we the place the
amount we wish to trade you should know we should be sticking to 10% of our balance unless
we started small we must adhere to the $24 minimum.
7. Below I have placed $100 trade amount in the buy box. Notice below this the broker noted the
return based on the current options %Return Value. In this case it is $180.
8. Now you just have to click BUY and the trade is placed. Remember if you are having trouble with
anything you should have read my free 24Option guide found on my website and mentioned at
the start of the publishing.
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I hope you understood everything I explained though if you are completely stuck please email me
willthompson@24optionstrategy.com
The DOWN Trend
Now I will not go through this process step by step again because it is exactly the same process except
you will select LOW for a downtrend [circled]
The downtrend is the opposite from the Up Trend and represents the option price going down please
see below an example again of Gold going down.
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I have explained both Up Trend and DOWN Trend with images I hope you can spot them. What I would
do now is play with the charts and look for these trends, see if you can spot them. Remember to check
the streaming news above for hints in option price swings.
Although this example was of Gold you can use this strategy for any option offered by 24Option
Again if you need any help please Register and Contact me - HERE
DO NOT TRADE UNTIL YOU FEEL COMFORTABLE, THIS IS REAL MONEY AT RISK
Now you have spent time looking FOR Up Trends and DOWN Trends you may have noticed these below.
These charts are not definitive in a UP or DOWN Trend so just avoid them. Do not try and rush a trade
be patient there will be plenty of opportunities to find UP and DOWN Trends.
A simple rule is if its not clear to the eye straight away what the option is doing just leave alone maybe
check it later. Again though:
DO NOT TRADE UNTIL YOU FEEL COMFORTABLE, THIS IS REAL MONEY AT RISK
Copyright 2012 24 Option Strategy.com
Note:
Trading in the currency (FOREX), Stock, Commodities Markets, and Binary Options involves risks. You
should only trade with monies that you can afford to lose. You should never use funds from your
retirement accounts, childrens school accounts, personal savings accounts, or credit card accounts that
you cant afford to pay.
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