Amazing 10 Minute Trend Trading Strategy

Monday, July 28th, 2014 by Tim Lanoue

Whether you are an experienced or novice trader, having trading strategy is a MUST if you want to achieve success with binary options. If I have learned anything over my years of trading it would be that having a game plan and a solid trading strategy will do you much better than not having one. Now sure you may get lucky by guessing a few times but I certainly would not rely on that strategy. Below is a simple yet highly accurate trading strategy that I have been composing these last few weeks.

For those of you not familiar with trend trading or not exactly sure what trends really are just keep reading. Trends are established when a continuation of price candles keep going in the same direction. Trend trading involves the use of spotting trends and trading what we call reversals, which is the origin of where the price of an asset changes directions. There are three types of trends you should familiarize yourself with. They are as follows: uptrend, neutral trend, and downtrend. Obviously an uptrend is a trend where price is heading higher, neutral is where price stays the same and a downtrend is where prices is heading downward.

Moving forward, the only indicator needed for this strategy would be a simple moving average. Simple moving averages are great indicators to use when trend trading because they plot the average price of that asset over the selected time period. In this instance, we are going to change our simple moving average time to a period of 3. Also, since this is a 10 minute trading strategy we want to make sure that the time frame that we are watching our asset is set to 10 minutes, and yes, and trading expiry times are set at 10 minutes as well. In the picture below you can see an example of how this strategy would be implemented.

10-minute-strategy-binary-options

If you couldn’t tell already, we place our trades when our blue moving average breaks and changes directions. However, my confirmation is if there was an upward or downward trend before the break. So take for instance, the first call trade that was traded, there was a well established downward trend occurring before the simple moving average changed directions. Once you see a trend has been established and see a break in the direction of the moving average line then we go ahead a place a trade for the opposite direction. As you can see we won all 5 trades. Assets that I would recommend when trading with this strategy would be any currency pair, I have yet to try this strategy out on other types of assets.

Trend trading is a very popular style of trading among novice and experienced binary options traders. This strategy has only a few weeks of testing behind it but overall it has proven to be very solid, I would estimate an average in-the-money percentage of 79%. Just make sure to follow the simple set up and trading strategy and you will be one step closer to achieving your dreams. As always guys, if you have any suggestions, comments or questions please feel free to leave them below!

7 thoughts on “Amazing 10 Minute Trend Trading Strategy”

  1. Hey Kemi,

    When I am using this particular trading strategy I do not wait for the candle stick to close out, I place the trade immediately. Ideally you can use that as a means to confirm that the reversal is indeed taking place however, I usually do not because I just want to get the best price possible with the reversal so I try to enter ASAP. You can do as you please but I have been having great success with the way that I have been doing it! Great question and I hope this helped!

    Tim

  2. Hello Michael.
    I have a question regarding your 10 minute trend strategy. Do you immediately place a position when the moving average initially breaks, or do you wait until that candle stick period has ended as well? I’m asking because sometimes you may notice an initial break in the moving average but unless the period has expired the moving average can still change within that time period. I will like to use this strategy next week but I just need clarification on when I place a position

    Thank for responding in-advance.

    Kemi D. Apanisile.

    1. Hi Kemi I tend to enter a trade right away if the initial break in the moving average is sharp and everything else looks in tact. Let me know how it’s going for you and also checkout my new YouTube video. It’s a 15 minute tutorial on how to use my indicators, strategies and how to get free signals on the free technical analysis widget offered on investing.com https://www.youtube.com/watch?v=Gb693CPMhw8

  3. What I see is that this strategy would be immediately applicable to 15 and 30 minute expiries given that every candle in the above chart represents 10 minute price movements.
    You don’t get a change in the trend every 10 minutes

  4. Hello Mike, Thank for sharing this new strategy with us. Just for clarity I have a few questions, First are you saying this strategy works with all trends ie. uptrend, downtrend etc.
    My second question is what trading platform do you recommend using this strategy on? I’m in Canada and I have a TradeRush, TitanTrade and Intera-ctive-Option account, the TradeRush account does not appear to offer 10 minutes trades, its 15-30 minutes at most. My last question is just for clarification; when do I place a position; are you saying I should enter a position once the moving average change position and I get confirmation from the next candlestick?

  5. hi how can i apply this startegy to 15 minute and thirty minute expiries and even 1 hour expiries..i use brokers that dont offer 10 minute expiries

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