Hi Guys, I'm pleased to introduce ya'll a new BinaryOptionsThatSuck.com Home Made strategy, this time - Michael aka The Geek Hodges's Simple Stochastic Trend Following! Time frames set to long term, perfect for slower traders
Orginially posted by Michael Hodges. Find the full review here - Stochastic Trend Following Binary Options Strategy
This strategy doesn’t suck for a couple of reasons. First it utilizes multiple time frames. Multiple time frame analysis is one that I and others here at BOTS think very highly of. It also utilizes trend analysis and follows the old adage of “trade with the trend the trend is your friend”. It also doesn’t suck because it is a simple and reliable way to trade. It is also a great foundation for deeper analysis as you gain knowledge and experience. Stochastic works well with all kinds of other technical analysis techniques and can also give other types of signals besides trend following.