The main reason for this top rating is the live connection to professional charts, strong and direct signals not sent via email or text message and trading support and live commentary from Franco, a professional trader who has been trading binary options for many years.
You will be able to communicate with other international traders in the room via a live chat window.
However, this service may not be suitable for everyone who is trading binary options. Keep reading to find out why.
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Unlike most binary option signals, here you get to actually see live trading in progress. But there are also other, custom indicators in the form of arrows which really make his trading screen unique.
There are many services that use trading signals as a cover for earning affiliate commissions from brokers and they have no interest to actually provide profitable signals. Learn to recognize fake and scam trading signals services. Get informed when I publish new content or video. Once registered, a user will notice that the real performance hardly reaches the advertised results. These type of pure 'scam' signal services are directly connected with the brokers and they receive the commission from the brokers.
These custom indicators include Buy and Sell triggers, as well as, the very important a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches per cent red. Franco constantly improves his system and his charts now include windows with 1min, 5min, and 15min charts.
Very strong signals for 5 minute trades, but not only. He used to trade more currencies in the past but now he believes his system works best with these three pairs.
As mentioned earlier his team constantly try to improve the system.
However, because he now also includes 5 min and trading signals for binary options rating charts in his system, it now works for longer time frames and can be also used successfully in Spot Forex trading. Because there might be a slight delay in transmission depending on where you live and the speed of your internet connection we would recommend taking 2 minute trades as opposed to 60 seconds, however this needs first to be tested on a demo.
In addition to huge earning potential in Forex you have the ability to place stop losses on your trades.
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The use of Martingale strategy To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution.
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The idea is that your winnings will outset the losses of your first trade. But after an intense week of training you will be on a verge of becoming a pro trader.
If anything remains unclear you can always ask Franco directly or consult other registered members. His time is now devoted to answering questions and looking for trade opportunities. Both brokers have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits.
Unfortunately neither broker accepts clients from the USA. The biggest one is the learning curve and the fact that you need to be present and trade only at specific times using a good computer with a good internet connection.
A few words about Franco’s charts
This service will be especially attractive to those who are eager to learn how to trade and understand what it takes to succeed in the markets. It is not unusual that after a few months of trading with Franco his subscribers leave the service to continue successfully on their own without his custom signals.
Good potential for short and long term profit Franco himself takes on average trades per session and they are usually winners.
At the end of each trading session Franco asks his subscribers for their trading score, eg.
- Therefore, trading signals are trade recommendations made by analysts after their assessment of the market and the identification of certain opportunities.
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- With that being said we have tables with all the older systems available as well.