Trading Forex 5 Minute Binary Options on the USD/JPY with limited risk allows traders to participate in the market with the safety of capping their risk.
Trading Forex 5 Minute Binary Options
Five minute binary options are offered on the AUD/USD, EUR/USD, GBP/USD and the USD/JPY forex pairs. The five minute binary options premiums do move quickly but combining the power of OTM binaries with a leading indicator, like the Stochastics, allow traders to anticipate where price will go. In this example, the Stochastics on the 5 minute chart was oversold so an upward movement was expected. An out of the money binary option was entered with a total risk of $40 (excluding exchange fees). Price moved up as anticipated and the binary option expired In the Money and a profit of $60 was realized (excluding exchange fees).
Futures, options and swaps trading involve risk and may not be appropriate for all investors. Past performance is not necessarily indicative of future results.