Live trading binary options. Live Binary Options Trading: Trading with a Live Chart Evidence Without Accusation

For what reason did the instrument receive such an unusual name? Everything is very clear, the reason for this name is that the cost is updated online, without any delays, this becomes possible due to the implementation of the site in the form of HTML5.

If you compare the quotes on this chart and on the company’s website, sometimes the update is much faster. There are brokers who tend to delay price fluctuations. Based on this, speculators successfully complete transactions. But, a quick reaction is required here, otherwise there will not be such a positive result.

Now regarding the rules for using live trading BO. It is logical that in order to use it to the maximum, a trader must learn how to correctly use the chart in practice.

To do this you need:

Select the asset you will work with.
Set the chart type.
Next, select TF.
And finally, make the necessary adjustments based on the selected system and indicators.

Asset used

In the process of opening a live chart, the euro-dollar currency pair is automatically opened.

If an investor wants to change an asset, you need to click on the box marked in the screenshot, where the trader can enter the required pair without /.

As for the range of assets, there are more than a hundred. A trader can choose something exotic, or stick to the most common pairs.

Now, regarding other assets, everything is clear with pairs, but finding goods or shares will be more difficult for a beginner. Because the chart depicts such assets using a different method, not as investors are used to seeing.

As an example, Brent crude oil is represented in the chart by UKOIL and gold by XAUUSD. Plus, do not forget about the presence of cryptographic coins on the chart, these are positions such as: BTCUSD and ETHUSD.

Types of charts

Here everything depends on the preferences of investors, since some give back, work on a candlestick chart, and others use bars.

Thanks to different types of charts, each trader will be able to find the most comfortable option for himself.

Japanese candlesticks are the simplest and most effective type of chart for trading. But, despite this, you should get acquainted with other available types:

Bars are bars popular among US investors. Very similar chart to candlestick type.
Candles are a classic Japanese candlestick; this type is set by default on the chart. It is most popular among beginners and professional speculators.
Hollow Candles is one of the types of candlestick charts; the main distinguishing characteristic is the color of the ascending type candles. Here they are presented in white rather than green.
The next type of Heiken Ashi is a type of candlestick chart, a smoother variation. These candles are preferred by speculators working with long-term transactions. For short-term operations, this is not the best option.

There are other types of charts, but this is one of the most popular among speculators.

Timeframe

The next item on our list of preparing to work with a live chart is choosing a time frame. So, due to this parameter, the investor will be able to streamline the movement of value, thereby analyzing it over a set time interval.

Now as for the choice of TF, it can be changed in the panel on the right side of the asset. If it is set to 15 minutes, this means that each candle will reflect price fluctuations over a time interval of 15 minutes.

Therefore, you need to understand that not every TF will be suitable for a certain strategy. It is important here to learn how to set this parameter based on the selected system.

Indicators

Let's move on to the next point - choosing an indicator. Let us immediately note that the range of trading algorithms is excellent, so an investor can experiment here.

Regarding the choice, it is best to give preference to more classic instruments, especially if you are a novice trader. If you have experience behind you, then you can work with exotic ones.

Unfortunately, beginners start using all the indicators they see. We recommend giving preference to a couple of indicators, after which you can increase the number of instruments.

Graphical analysis

On the left side of the chart there is a menu with tools for performing graphical analysis.

Live trading provides the opportunity to carry out complex graphical analysis, all the necessary tools are integrated. Many investors prefer forecasting using indicators. In fact, working with trend lines and chart patterns is much easier.

The problem is that trading algorithms generate signals late. Graphic models are, in essence, cost that is never late. This is the main advantage of this approach.

Lines are the most popular among all instruments, since with their help you can form support and resistance levels, from which trading operations are actually concluded in the future.

In principle, the main thing is not to abuse these tools, just like indicators. If you transfer too many different elements to the chart, then there is a high risk of simply getting confused and missing a signal to open a trading operation.

Summarize

A live chart is a truly unique tool that has no analogues. Special attention is paid to the fact that not only basic but also custom tools are available to investors. Of course, this has a positive effect on forecasting accuracy.

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Many advanced pros do not use primitive charts that are built into brokers' desktop terminals. Few of them have a full-fledged tool that can be compared in functionality to the Live Graph. It is this kind of live trading that allows you to conduct not only full-fledged technical, but also graphical analysis.

In today's review we will tell you about all the delights of trading with a Live Chart and how to use it.

What is the main advantage of such a Graph? Why is it called "alive"? They called it that because here quotes are updated in real time without any delays, thanks to the implementation of the platform in HTML5 format. This is the most accurate chart you can find today.

If you compare quotes on the Live Chart and in the broker's terminal, then sometimes they update much faster. Some brokers have slight delays in price changes. For this reason, particularly enterprising traders take advantage of this difference and successfully conclude transactions. True, you need to have a lightning-fast reaction. Although we would not advise beginners to take risks because of some fractions of a second.

Basic rules for using live binary options trading

For trading with a Live Chart to bear fruit, you need to learn how to use it correctly. In fact, you can master it in a couple of minutes.

First of all, choose a trading asset for which you will analyze the chart.
Then specify the type of chart.
The next step is to select a working timeframe.
Well, when you finish setting up live trading, add all the indicators you need within the framework of your strategy.

Well, now let’s go over all the points in more detail.

Asset selection

This is where trading with a Live Chart begins. When opening, the default currency pair is always EUR/USD.

If you want to select another asset, then click on the window highlighted in the screenshot and enter the pair you need without the “/” sign.

The choice of assets here is huge - there are several hundred of them. You can find even the most exotic and unknown to a wide range of traders.

If there are no problems with searching for currency pairs, then novice users may have difficulties with commodities, stocks and indices. The fact is that live trading prescribes them in a different way, not as we are used to seeing.

For example, Brent crude oil can be found in the Chart as UKOIL, and gold as XAUUSD. Well, you can find popular cryptocurrencies today like BTCUSD and ETHUSD.

Graph type

Some people prefer to analyze the price using candlesticks, while others are more comfortable using bars. Each trader is individual in this parameter. Analysis of the Live Chart can please everyone in this regard, since there are almost all currently known types of displaying quotes.

You need to find an indicator for yourself that will help determine general trends in the market. The trend indicators Moving Average and MACD, as well as the Stochastic or RSI oscillators, do this perfectly well.

Beginners, due to their inexperience, grab at all the indicators in a row. And only with experience and as practice grows, they begin to understand that for successful trading from a Live Chart, one (maximum two) indicators, knowledge of the basic Price Action patterns, as well as the ability to build support and resistance lines are enough.

Bollinger Bands— perfectly draw the channel within which the price moves. Trades are concluded upon a rebound from the upper and lower boundaries. There are also other signals that this indicator generates, but at first this will be enough for you.
MACD- a strong trend instrument, the main signals for transactions appear at the moment the moving averages cross each other, as well as histograms with a zero level.
Moving averages- the most popular tool, without which almost no trading strategy from the Live Chart can be used. Here, every trader can give free rein to his creativity and experiment with different line periods. One of the most common options is moving averages with periods of 5 and 20. Transactions are concluded at the moment of their intersection. The Above option is when MA5 has crossed into MA20 from bottom to top, and the Below option has crossed from top to bottom.
Stochastic- the most popular oscillator. Its main purpose is to accurately determine overbought and oversold zones.

Graphical Analysis Tools

To the left of the Graph there is a panel for graphical analysis.

Live trading allows you to perform professional graphical analysis using a full set of built-in tools. Many traders prefer to analyze price not using indicators. They trust only graphical analysis figures and trend lines.

If indicators are indeed sometimes capable of producing delayed signals, then the price itself never is.

Let's quickly go through the elements of the graphical analysis panel:

crosses, dots, arrows and so on.
a variety of lines that can be drawn at any slope and angle, and can also be made wide or italic.
shapes allow you to draw rectangles, ovals, ellipses, and so on on the chart.
pattern tools.
forms that allow you to draw graphical analysis figures on the chart (Head and Shoulders, Double Bottom, and so on).

As with indicators, there is no need to go to the extreme here and paint the entire chart. Confusion is of no use to you. Start by building key support and resistance levels; this will be enough at first.

Conclusion

We hope that the article will help you master trading with a Live Chart to perfection. This is a universal and absolutely irreplaceable tool that allows you to perform professional market analysis.

“Upon entering the building, the police chief encountered a young angry woman.

Have you checked? - Vlaskov asked.

Yes, he started beating me!”

How did the police officers live?

This dialogue is not from Chita life. It is taken from A. Sobolev’s story “One Day in the Life of a Police Chief,” which was written based on materials from the State Archive of the Penza Region. But such a dialogue could well have happened at the beginning of the 20th century in Chita. And confirmation of this is documents from the State Archive of the Irkutsk Region, covering the work of the Chita police. At that time, local police officials, who performed their official duties in difficult conditions, received neither the required social guarantees nor proper monetary remuneration. Suffice it to say that “the average salary of detectives for a police service full of daily dangers did not exceed 30–45 rubles per month.” Such remuneration was “comparable in size to monetary remuneration for the quiet, safe activity of a laborer that did not require special qualifications.” In addition, in the cities, detectives had to pay a large part of their allowance for renting housing. The situation was aggravated by the small number of police staff, and the constant risk turned police service into an unattractive occupation. As a result, the use of official position in the interests of profit has become widespread among the police. Depending on the characteristics of the region and the level of official position, police officers practiced various methods of obtaining illegal profits.

Women for sale

Unlike other regions of Eastern Siberia, which had their own “experience,” the Chita police chose their own, special way of making money. On this occasion, in one of his publications, Irkutsk resident A. Sysoev in the magazine “Sibirskaya Zaimka” dated October 5, 2014, wrote: “... a different situation has developed in the Chita city police department, where, under the leadership of the police chief, titular councilor Nikolai Ivanovich Balkashin and his provincial assistant Secretary Grudinsky practiced trading in “live” goods.” In this case, city police officials acted as follows. They, fulfilling the requirements of the police chief, checked passengers of trains and visitors to public places with particular zeal. Young girls identified during such checks who did not have “written forms” (passports) were disembarked from the train and taken to the Chita police station. All women detained in beer shops, markets, hotels and other places were also taken there. Former police warden Skarzhinsky recalled: “Then the owners of the brothels appeared and examined the women and, making sure of their suitability, bought them from the police chief Balkashin and the police warden Semov, and the latter, if the women did not want to enter the brothels, threatened them with deportation and imprisonment. " On the pages of Chita newspapers of that time, disputes repeatedly arose about whether brothel houses (lupanaria) were needed in the city. In the early 1900s in Chita they were located in 4 places. The City Duma convinced the townspeople of the feasibility of their existence. They were intended at each point to serve clients of various categories: from the upper class, Japanese and Chinese citizens, soldiers and artisans. The list was completed by visiting peasants. It was with the owners of these brothels that the local police, led by police chief Balkashin, “worked.”

Evidence without accusation

Meanwhile, the military governor of the Trans-Baikal region, under the pressure of complaints from townspeople about such police actions, ordered an inspection to put an end to this “obscene trade.” This bad matter was entrusted to the official for special assignments and the governor's adviser on city affairs, titular councilor Roman Savrasov (in 1906-1914, the mayor of Chita). Roman Mikhailovich found that during 1903, 201 women were arrested by Chita police. 46 of them were transported to the detention center of the city police from 3 to 5 times during the year. Moreover, almost all the women were detained by police warden Semov. According to the recollections of eyewitnesses of those events, warden Semov “was incredibly rude to women and looked at everyone like dumb animals.” The check carried out by Savrasov also revealed “prices” for “live” goods. It turns out that at the beginning of the 20th century in Chita, one living woman was sold by the police to the owners of brothel houses for 50 rubles. What measures were taken based on the results of the inspection? Apparently - none. Undoubtedly, investigation materials about the illegal actions of the police chief and his subordinates were submitted to the military governor for consideration. Most likely, they were left without consequences. If the case was initiated, it was dismissed. In any case, the name of one of the defendants in this case - police supervisor Semov - once again entered the history of the Chita police.

Mysterious warden Semov

About the fate of police chief N.I. Nothing is known about Balkashin. When local historians cover the revolutionary events of 1905-1906 in Chita, the “police chief” is mentioned, but without a surname. Most likely, in those years there was another person in this position. But the police supervisor Semov regularly and as zealously as with the women at the station in 1903, served on the streets of Chita and now fought with the rebel revolutionaries. Alexander Barinov in the book “Guards. 1901-1917” cited two episodes about Semov’s service in 1905. One day, Syomov took a rifle from one of the vigilantes, after which the vigilantes of “organizing workers’ militias M.A.” allegedly broke into his apartment. Grigorovich." After this, the newspaper “Zabaikalye” accused them of “not behaving in the best way there.” Grigorovich, in a letter to the editor, had to refute the accusations, for which later, when this letter about the activities of the Chita Council of Workers' Brigades fell into the hands of the gendarmes, he paid with his life (he was shot), since in the contents of the letter the gendarmerie captain Balabanov saw “the complete criminality of this organization” . Another story says that during the days of the “Chita Republic,” local merchants donated money for weapons. At the same time, they asked to publish in “Zabaikalsky Rabochiy” who exactly and how much donated for the revolution. The material was not published. “Then,” recalled an employee of the underground organization of the printing house Papikas, “this list was found on one of the comrades by the local police officer Somov, the most ardent persecutor of the revolutionaries.” It is not known what goal Semov was pursuing: whether to earn praise or get a promotion, but he came to the police chief with this list. And here a well-functioning system worked: when the source of operational information was identified, illegal actions were hidden by people with authority for a certain reward. The police chief and captain Balabanov decided to “implement this list,” that is, “to return the dangerous document to the merchants for a substantial sum, which was done.” Dissatisfied with something, Semov opened a case, as a result of which his next boss was dismissed from service. The further fate of the police pimp himself remains unknown.