Your capital may be at risk. This material is not investment advice.
Snir’s Best EUR USD trading pattern is one of the most effective and consistent trading patterns to date within the binary options trading industry. Snir is among the top three performing trading admins for Michael Freeman’s manual signals group on Facebook who has shared and generated over 600 in-the-money trading signals for this elite Facebook group.
EUR USD trading pattern demonstration
Now this is a technical analysis based trading pattern so the use of a charting solution such as Free Stock Charts as seen and used by Snir in the video is highly encouraged. One of the best advantages of this binary option trading pattern would be that only one technical indicator is needed, opposed to many, which oftentimes clouds the charting solution, making it more difficult to see signals. The only technical indicator we use would be the exponential moving average set to a period of 60 and the required time frames can vary between 15, 30 and 60 minutes.
In order for a trading signal to be generated, we wait for the formation of a candlestick formation known as the engulfing candlestick, where a candlesticks “engulfs” the entire body and wick of the candle previous to it. If the engulfing candle is bullish then we look into placing a CALL investment that correlates relatively near the same time value that our time frame is set on. If the engulfing candle is bearish though, we then look towards placing a PUT investment near the same expiry time of our time frame. To see this EUR USD pattern live in action, please feel free to watch the video above.
Return to the main education page.