It should be the one where traders follow uptrend or downtrend on the one minute chart. Usually trends continue 5 to 10 min and traders can close up to 10 trades in the money.
Binary Tools, Methods, Strategies
This is a calendar which shows dates on all important economic releases such as Unemployment rates, GDP and Consumer price index. It contains tons of data so it is important to follow only events which concern your preferred assets. This type of calendar is used to perform fundamental analysis.
It is a chart which shows the price action (open/close price) of a certain asset (forex pair, stock, commodity) for a certain period of time. All charts providers allow traders to set up their desired periods which could be from 1 min to 1 year. It is an essential tool for technical analysis.
The basic tools are candlestick charts and economic calendars. Both can be implemented on the basic trading strategies.
All trading strategies are based on technical and fundamental analysis. The technical analysis studies the assets price performance by using charts. On the other side the fundamental analysis considers all factors that affect the market price.